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Cryptocurrency News Articles
$SATO Meme Coin Surges 483%, Investors Now Move to Pepe Unchained
Sep 19, 2024 at 02:19 am
The meme coin market has been buzzing with excitement as Atsuko Sato ($SATO), a token named after the Japanese woman who inspired Dogecoin (DOGE)
The meme coin market has seen a surge of excitement recently with the rise of Atsuko Sato ($SATO), a token named after the Japanese woman who inspired Dogecoin (DOGE). Priced at $0.000032 at the time of writing, $SATO has surged by 483% in recent days.
This surge in $SATO has drawn parallels to the early performances of both Dogecoin and the more recent success of Neiro (NEIRO). Kabosu, whose image became the symbol of Dogecoin, passed away earlier this year and her legacy has since been honoured through new tokens like $SATO and $NEIRO.
The surge in the price of $SATO follows the same trajectory seen with NEIRO, which experienced a remarkable 1,900% growth in the past week after being listed on Binance, the world’s largest cryptocurrency exchange.
As $SATO experiences its rise, many investors are now looking to the next big opportunity in the meme coin space, with many turning their attention to Pepe Unchained ($PEPU), a new frog-themed meme coin that is gaining significant traction. Pepe Unchained has raised over $13.6 million in presale funding and is now being hailed by analysts as the next 100x crypto.
The Rise of $SATO and Neiro’s Success
Kabosu, the Shiba Inu adopted by Atsuko Sato in 2008, became an internet sensation in 2010 when her photo, featuring her iconic expression, went viral. This image led to the creation of Dogecoin, which was initially launched as a joke but has since skyrocketed by over 18,000% since its launch, becoming one of the most well-known cryptocurrencies in the world.
Following Kabosu’s passing earlier this year, the market saw a wave of new tokens created in her memory, including Neiro (NEIRO), named after Sato’s newly adopted Shiba Inu.
NEIRO quickly gained traction in the market, with its price soaring over 1,900% in the past seven days. NEIRO’s rise was catalysed by its listing on Binance, leading the coin to achieve a market cap of $158.65 million and a trading volume increase of 159.47%.
The rise of $SATO, which pays tribute to Atsuko Sato herself, has followed a similar pattern. Investors have flocked to the token, propelling its price by 483%, with expectations that it could follow the same explosive growth seen with both Dogecoin and Neiro.
Pepe Unchained: The Next 100x Crypto?
As $SATO’s momentum continues, investors are now turning their focus to the next big meme coin on the horizon: Pepe Unchained ($PEPU). Pepe Unchained has garnered significant attention in the crypto community due to its impressive presale performance and unique approach to solving the challenges faced by meme coin traders.
The project has raised over $13.6 million in presale funding, a testament to its strong appeal among investors who are searching for the next 100x opportunity in the meme coin sector.
What sets Pepe Unchained apart from many other meme coins is its focus on utility, an often-overlooked aspect in the meme coin space, which is traditionally dominated by hype and community-driven speculation.
Pepe Unchained’s Layer-2 Solution
One of the standout features of Pepe Unchained is its Layer-2 scalability solution, which aims to provide faster and cheaper transactions for meme coin trading.
Built on top of Ethereum, Pepe Chain is expected to offer transaction speeds up to 100 times faster than Ethereum’s current network, while also drastically reducing transaction costs. This is a game-changer for the meme coin sector, where high Ethereum gas fees often deter smaller retail investors from participating.
In addition to its speed and cost advantages, Pepe Unchained’s ecosystem will feature a dedicated decentralised exchange (DEX) and block explorer, allowing investors to easily trade and monitor meme coins built on the Pepe Chain.
This infrastructure is designed to make meme coin trading more accessible, while also providing long-term value to holders of PEPU.
Is a Binance Listing Next for Pepe Unchained?
The recent success of First Neiro on Ethereum (NEIRO) has sparked speculation that Pepe Unchained could be the next meme coin to be listed on Binance.
NEIRO, which had a market cap of just under $14 million before its Binance listing, saw its price surge by over 1,000% within hours of being listed, reaching a market cap of $160 million.
Given the similar presale success and growing interest in Pepe Unchained, many believe that a Binance listing could be on the horizon.
Binance has shown a willingness to list low-cap meme coins, and rumours are circulating that Pepe Unchained
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