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Cryptocurrency News Articles
The Meme Coin Market May Have Received a Potential Boost With the Release of Andrew Tate After His Brief Arrest in Romania
Aug 29, 2024 at 10:10 pm
The controversial internet celebrity alongside his twin brother are known for their pro crypto stance, and for unconventional money making methods in general, to ‘escape the matrix’.
The meme coin market may have received a potential boost with the release of Andrew Tate after his brief arrest in Romania.
The controversial internet celebrity, alongside his twin brother, is known for their pro-crypto stance and unconventional money-making methods in general, to ‘escape the matrix’.
Tokens like PEPE and DADDY are trending and back in the green in the past 24 hours after Bitcoin’s dip earlier this week.
Being a meme coin that is directly related to the twin brothers, DADDY was at one point the top trending crypto on DEXTools, its number one ‘hot pair’. At the time of writing, it’s still in the top ten.
With growing optimism that the next meme coin supercycle could be on the horizon, we highlight some of the top options that investors can consider to maximize their gains this year.
Best Meme Coins To Buy Now
In this segment, we dive into three of the best meme coins that investors should watch closely, taking into account the core factors driving each token’s performance and their potential to deliver substantial returns.
Pepe ($PEPE)
Drawing direct inspiration from the viral Pepe the Frog theme, Pepe sets out to challenge the dominant reign of dog-inspired meme coins. It was developed in 2023 with the intention of being nothing more than a meme coin – no long-term plan, utility, or roadmap.
However, Pepe was embraced by many ‘degen’ investors, which ultimately helped it to cross the $2 billion market cap threshold within the first 30 days of its debut.
One of the major factors that pushed Pepe into the mainstream was its presence on the Ethereum network. Well-renowned for its vast reach, Ethereum provides the technological foundation for Pepe’s growth and adoption.
Following its widespread market acceptance, Pepe was quickly listed by key players in the crypto trading landscape, including Binance, OKX, KuCoin, and Bybit, amongst others.
This development allowed Pepe to resonate with a broader spectrum of investors, which, in turn, impacted its overall price performance.
Since its debut, the Pepe price is up 16000%, bringing more than 15x gains to early birds. More so, with a market cap of over $3 billion, the token has risen through the ranks to become the third-biggest meme coin, only behind Dogecoin and Shiba Inu.
took one look at $PEPE this morning and had deja vu like i'd seen this before.
i had and it was btc at the 16k cycle bottom lows pic.twitter.com/TZFQt9qgfz
While it has retraced from its May 2024 all-time high of $0.00001717, a zoomed-out look at the weekly charts shows consecutive green candles for Pepe.
This upward trend has fueled investors’ confidence in Pepe’s potential to retest its all-time high. However, a breakout above its current 50-day SMA (Simple Moving Average) of approximately $0.0000096 is crucial for Pepe to achieve this feat.
Considering the continuous excitement around meme coins and the robust strength of its community, Pepe has a higher chance of crossing that level.
TOPG1500 ($T1500)
Built on Solana, TOPG1500 ($T1500) is a novel celebrity meme coin that has been causing waves since its launch. The token was developed by a doxxed and KYC’d developer, Jake Guerrilla, who is an avid follower of the Tate brothers.
To fulfill his ambition of meeting Andrew and Tristan Tate, Guerrilla is embarking on a 1500-mile walk from the United Kingdom to Romania.
His chances of meeting the celebrities and getting them to endorse $T1500 were quite slim at the inception of the journey.
However, as he progresses in the weeks-long adventure, Guerrilla gains more social media followers, particularly on Instagram and Twitter, where he usually vlogs his walking sessions.
More so, due to the wild excitement around the journey and the kinds of notable figures involved, the $T1500 token began to witness a heavy buy frenzy upon launch.
https://twitter.com/topg1500/status/1825889326787342840
Guerrilla has finally caught the attention of the Tate brothers. Recently, he shared a clip where Andrew Tate confirmed that he is aware of the journey.
In fact, according to one of the tweets shared by the developer, the adventure is now being sponsored by Top G’s merchandise.
https://twitter.com/topg1500/status/1824117435789648008
After walking for more than
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- Sep 24, 2024 at 12:15 pm
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- $GRT Airdrop Tempest: Weather the Claiming Storm
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- The Graph (GRT) Token on the Verge of Breaking August Highs
- Sep 24, 2024 at 12:15 pm
- The Graph [GRT] token has performed well since last Monday. Like the rest of the crypto market, the token has registered double-digit price gains.
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- Coins.ph Expands PHPC Stablecoin to Solana Blockchain
- Sep 24, 2024 at 12:15 pm
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- Aptos Enhances BTC Integrations, Polygon Shows Recovery Signs, BlockDAG Testnet Launch Stuns
- Sep 24, 2024 at 12:15 pm
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- The Great Bitcoin Mining Migration: How the US Overtook China as the Global Leader
- Sep 24, 2024 at 11:50 am
- In recent years, the global Bitcoin mining landscape has undergone a dramatic transformation. Once dominated by Chinese miners, the hashrate distribution has shifted significantly.
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- Ether (ETH) Outperformed Bitcoin (BTC) in Daily Gains as Token 2049 and Solana's Breakpoint Events Concluded in Singapore
- Sep 24, 2024 at 11:35 am
- Ethereum climbed 3.10%, surpassing $2,650, while Bitcoin rose 1.46%, hitting $63,630 in the last 24 hours according to the CoinMarketCap.