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Cryptocurrency News Articles
Fwog (FWOG) Overtakes Moo Deng (MOODENG) as the Leading Solana Meme Coin
Oct 10, 2024 at 10:01 am
Fueled by renewed investor interest in meme coins this month, the leading meme tokens have experienced a green trend over the past week.
Meme tokens have experienced a green trend over the past week, with Fwog (FWOG) making headlines and Moo Deng (MOODENG) struggling to keep up.
As investor interest in Pepe-themed tokens grows, Pepe Unchained has emerged as a strong contender with a successful presale.
Fwog Overtakes Moo Deng In Market Cap
Fwog, often referred to as Solana’s Pepe, has seen a 47.28% soar over the last week, moving from $0.1137 on October 3rd to $0.1675 today.
In comparison, Moo Deng’s drop of 30.41% brought it to $0.1623, down from the previous week’s $0.2504.
Despite the drop, MOODENG still stands at $159.2 million in the market cap rankings, quickly passing the $100 million threshold after its launch in late September.
However, Fwog’s recent success has seen it hit 20,000 holders and rise to $164.6 million in market cap, overtaking Moo Deng and becoming the 7th largest Solana meme coin by market cap.
Fwog also had its listing announced on Gate.io today, bringing more excitement to its brimming community.
According to Dexrow, a crypto expert, Fwog’s community and memetic appeal can propel the coin to new heights, with the $0.25 mark being a feasible goal in the upcoming weeks.
I think $FWOG is going to 0.25 before we even know itshowing insane strength people are barley letting it retrace everyone bidding and want a piece of the piei really think this is going to put on a mindblowing show in the next couple weeks pic.twitter.com/PUGCQeqStL
Meanwhile, experts remain bullish on MOODENG despite its steep downturn. Palis, a crypto analyst, has compared its current dip to WIF, expecting the token to break out soon.
Other Pepe-Themed Coins On The Rise
As FWOG takes the spotlight with its meteoric rise on Solana’s charts, some experts are highlighting other Pepe-inspired coins with potential.
After a sharp downturn, Book of Meme (BOME) is now recovering, while Apu Apustaja (APU) has soared by 60.16% over the last week.
BOME entered last week trading at $0.006466. Over the week, it fluctuated to $0.006296 and is now back to $0.006471. While that represents a modest increase of just 0.51%, some experts believe BOME is set to soar during the potential bull run this year.
Chiara.sol, a crypto analyst with over 361,000 followers on X (Twitter), believes BOME has the potential to replicate Pepe’s 10x soar in early 2025.
#BOME With the recent surge in the meme token sector, $BOME has caught my attention as a key player. After carefully analyzing its price movement, $BOME is currently in a consolidation phase marked by downward corrections and accumulation, setting the stage for potential future… pic.twitter.com/o07yCkAJ2S
APU is creating a buzz in the meme coin space with its price soaring as its market cap saw a 28.69% growth, surpassing the $210 million mark. Based on its charts, Greeny, a crypto analyst, believes APU is set to surpass the $400 million market cap mark shortly.
Meanwhile, a new Pepe-themed token called Pepe Unchained is catching attention as its hugely successful presale passes the $18m milestone.
Will Pepe Unchained Explode Next? Viral Presale Raises Over $18 Million
Pepe Unchained intends to build a Layer 2 network on top of Ethereum’s mainnet, promising transaction speeds up to 100x faster than ETH’s. This facilitates a smoother trading and investing experience.
On top of this, PEPU has a fraction of ETH’s gas fees, ensuring traders and investors bring back more of their profits.
PEPU has already raised over $18.2 million in its presale, and its per-token price is currently at $0.00994. However, its ICO follows a dynamic pricing model, and the token’s price will increase in just 19 hours, or if it raises another $20,000 before that.
To ensure a successful launch, Pepe Unchained has launched its “Pepe Frens With Benefits” grant program. By rewarding developers for building on the PEPU chain, the token can launch with an ecosystem already
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