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Cryptocurrency News Articles
Meme Coins Are Once Again in the Spotlight and PEPE Is Gaining Momentum Following the TRUMP Coin's Explosive Debut
Feb 05, 2025 at 05:11 am
While traders speculate on PEPE's next move, PlutoChain ($PLUTO) could be preparing a solution to potentially solve Bitcoin's persistent issues.
Meme coins are once again in the spotlight following the explosive debut of TRUMP coin, which quickly became the second-largest meme coin by market capitalization behind Dogecoin. Now, as traders speculate on PEPE coin's next move, another cryptocurrency, PlutoChain ($PLUTO), is garnering attention for its potential to provide a Layer-2 solution for Bitcoin. Here are the latest updates on PEPE coin and PlutoChain.
Pepe Coin Price Prediction: Can the Meme Frenzy Push PEPE to a 2X Rally?
PEPE coin is currently trading at around $0.000009677, showing an 18% increase in the last 24 hours. With a daily trading volume of $3.32 billion, indicating strong market activity. The RSI is at 29, which puts PEPE in the oversold territory.
Since its debut on January 17, 2025, backed by President-elect Donald Trump, TRUMP coin has soared over 3,000% in just 20 hours. This rapid growth has brought attention to other meme coins, including Pepe Coin (PEPE).
PEPE coin gained traction in 2023 and has been a strong player in the meme coin space, but TRUMP coin's sudden rise is presenting competition.
According to DEFI OMEGA, PEPE coin is on the cusp of a major breakout. They anticipate PEPE to breach the $0.000023 resistance and expect it to reach $0.00003 in the near term.
PlutoChain ($PLUTO) Is a Next-Level Layer-2 Solution that Might Make Bitcoin Faster, Cheaper, and More Useful
Despite being the most recognized cryptocurrency, Bitcoin still faces major challenges like slow transactions, high fees, and network congestion. While Ethereum and Solana have adopted scaling solutions, Bitcoin has largely remained unchanged.
Now, a new Layer-2 solution, PlutoChain ($PLUTO), is aiming to fix these issues by making Bitcoin faster, more affordable, and more versatile.
By leveraging Layer-2 technology, PlutoChain boasts block times of just two seconds, a vast improvement compared to Bitcoin's 10-minute block times. This upgrade could make Bitcoin more practical for everyday purchases, international payments, and microtransactions, which have been difficult due to slow processing times.
Another key advantage is lower fees, which could remove one of the biggest barriers to Bitcoin's mainstream use. With reduced costs, more businesses and individuals could start using Bitcoin for transactions instead of just long-term investments.
Moreover, with an EVM-compatible network, PlutoChain could allow Ethereum-based applications—such as DeFi platforms, NFT marketplaces, and AI-driven projects—to connect with Bitcoin. This could transform Bitcoin from a passive store of value into a fully integrated asset within the blockchain ecosystem.
Scalability is another major benefit. During testing, PlutoChain successfully processed 43,200 transactions in a single day, showcasing its ability to handle high activity without disruption.
Security is also a priority—SolidProof, QuillAudits, and Assure DeFi have audited the network, and regular stress tests ensure stability.
Unlike Bitcoin's traditional system, where miners and developers have most of the decision-making power, PlutoChain introduces decentralized governance. Users can propose and vote on upgrades, giving the community more control over its development.
Instead of just being a digital store of value, Bitcoin could become a fast, low-cost, and widely used financial asset.
Closing Thoughts
As the meme market heats up after $TRUMP’s success, PEPE may see another breakthrough if it capitalizes on the momentum.
But beyond short-term hype, PlutoChain ($PLUTO) might tackle one of crypto’s biggest challenges—Bitcoin’s scalability.
With two-second transactions, lower fees, and seamless Ethereum integration, PlutoChain could transform Bitcoin from a passive asset into a fast, efficient, and widely usable financial tool.
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