PURPLE PEPE (PURPE): A Quick Review of Its Presale and the Potential of the WAI Token

Many investors blame the US and German crypto sell-offs for the current bear pressure in the crypto market

Investors are blaming the recent crypto sell-offs in the US and Germany for the current bear pressure in the crypto market. However, there are fears that the incoming impact of the Mt. Gox refund might dwarf the impact of these two sell-offs.

The price dump might continue into the new week as recent News shows that the long-awaited refund from Mt.Gox has kicked off.

Notwithstanding, altcoin prices have recovered dramatically despite the bears’ dominance of the crypto market. While BTC struggles to maintain its price above $56k, many altcoin and meme coins have recorded over 40% price surges.

The top trend cryptocurrencies on the Solana chain saw a significant spike in price action, giving several new coins a twofold boost in value.

Top Trending Cryptos on Solana Chain

However, one way to hedge against all market uncertainties is by targeting valuable projects before they reach the mainstream market. One such project that should be on investors’ watchlist is the WienerAI. This post provides a quick review of its presale and the potential of the WAI token.

1. PURPLE PEPE (PURPE)

The original Pepe token on Solana, PURPLE PEPE (PURPE), has seen remarkable growth recently. Created and deployed in July 2023, PURPE is priced at $0.00003921, marking an impressive 83.97% increase in the last 24 hours. Moreover, the token has outperformed the global cryptocurrency market, down by 7.40%, and similar meme cryptocurrencies, which have seen a decline of 10.80% in the past week.

Furthermore, PURPLE PEPE can be traded on several decentralized exchanges, with Raydium being the most popular. The trading pair PURPE/SOL on Raydium has reported a trading volume of $4,624,118 in the last 24 hours. Other exchanges where PURPE is actively traded include Raydium (CLMM) and Meteora.

The token’s trading volume has surged by 73.30% from one day ago, indicating a significant rise in market activity. This increase in volume underscores the growing interest and activity around PURPE in the market.

Love all of our community https://t.co/e2ah9hkpzB

— Purple Pepe (@PurplePepeSol) July 6, 2024

Meanwhile, the community sentiment towards PURPLE PEPE is currently very bullish, which has given it a space in the top trending Solana coin list. This optimism, combined with the recent price and trading volume increases, suggests a strong potential for continued growth and engagement with the token. Overall, as PURPLE PEPE continues to gain traction, it stands out as a notable player in the meme cryptocurrency space on the Solana blockchain.

2. ZynCoin (ZYN)

ZynCoin (ZYN), launched in November 2023 by a team of crypto natives, is gaining traction in the crypto market. With its ownership renounced and liquidity locked, ZYN is accessible on both Ethereum and Solana networks.

Currently, ZynCoin is priced at $0.03542, with a 24-hour trading volume of $1,027,440. This reflects a significant 26.06% price increase in the last 24 hours and an 11.44% rise over the past week. ZynCoin’s circulating supply of 900 million tokens brings its market cap to $32,015,532.

In the past seven days, ZynCoin has outperformed the global cryptocurrency market, down by 7.40%. However, it lags behind similar Ethereum Ecosystem cryptocurrencies, up by 12.70%.

ZYN can be traded on both decentralized and centralized exchanges. Specifically, the most popular exchange for trading ZynCoin is Uniswap V2 (Ethereum), with the ZYN/WETH pair having a trading volume of $709,202 in the last 24 hours. Other notable exchanges include AscendEX (BitMax) and Raydium.

beautiful stuff

cheers to all the diamond-handed zynners. we’re just getting started

the $zyn stays in pic.twitter.com/Jbsn5mSw4T

— ZynCoin (@ZynCoinERC20) June 30, 2024

Moreover, ZynCoin’s 24-hour trading volume has increased by 9.90% from the previous day, signaling a rise in market activity. The recent price and trading volume growth indicates strong interest and potential for further expansion.

Overall, ZynCoin’s launch and subsequent market performance suggest it is a promising player in the cryptocurrency space.