Recently, cat-themed meme coins such as MOG Coin and Cat in a Dogs World (MEW) have seen significant gains, sparking renewed interest among investors.
At the same time, frog-themed tokens like Pepe Unchained ($PEPU) are gearing up to make a substantial impact, with some analysts predicting massive returns.
As we look into the latest developments in these meme coins, we examine their potential to drive the next bull run in the crypto market.
The Rise of Cat-Themed Meme Coins: MEW and WEN
With the success of MOG Coin and Cat in a Dogs World (MEW), the crypto market has shown increasing acceptance of cat-themed meme coins. Over the weekend, as the market bounced back, these tokens on the Solana ecosystem skyrocketed. Cat-themed tokens are emerging as potential drivers of the next bull run, captivating crypto investors in 2024.
MEW: Cat in a Dogs World
MEW, with a market cap of $652 million, is the second-largest cat-themed meme coin. Based on the Solana ecosystem, MEW’s price action reveals a significant trendline breakout rally.
Over the past seven days, the token has seen a 135% price jump, hinting at a new all-time high. According to Fibonacci levels, a breakout above $0.0077 could push MEW’s price to $0.016.
WEN: Another Cat-Themed Contender
WEN has also shown remarkable performance, with a double bottom reversal in its daily logarithmic price chart. Currently trading at $0.00016 and boasting a market cap of $122 million, WEN has surged 77% in the past two weeks.
The token’s overhead resistance trendline breakout supports the continuation of its bull run. The MACD indicator further bolsters this bullish outlook, with the uptrend potentially hitting the 78.60% Fibonacci retracement level at $0.00034.
The Promising Future of Frog-Themed Meme Coins: Pepe Unchained
While cat-themed coins are making waves, frog-themed tokens like Pepe Unchained ($PEPU) are poised to steal the spotlight. Pepe Unchained is undergoing a presale and has recently surpassed the $5.1 million mark. This token is making a name for itself as the first Pepe-themed coin with its own blockchain, attracting significant attention from investors and analysts alike.
Analyst Predictions and Staking Rewards
Prominent trader and low-cap crypto gem hunter Jacob Bury has predicted that the token could achieve returns of 2-100x. Bury emphasised that even a 2x return would outperform most other financial asset classes,
while a 100x return is almost unheard of outside of crypto. Besides capital appreciation, Pepe Unchained offers substantial staking rewards, currently at a 369% annual percentage yield (APY), equating to an average daily return of over 1%.
Technological Innovations and Market Demand
Pepe Unchained is breaking new ground by developing a meme coin-focused Ethereum layer 2 blockchain. This innovation aligns with Ethereum creator Vitalik Buterin’s vision of offloading the bulk of transacting computing from the main Ethereum chain.
Layer 2 solutions are thriving, with data from L2Beat showing record-high activity, enabling users to benefit from Ethereum’s decentralisation while enjoying low fees and high speeds.
BUY $PEPU NOW AT ITS LOWEST PRICE POINT
Pepe Unchained promises speeds 100x faster and lower fees than the Ethereum mainnet, addressing the issues faced by other blockchains like Solana, which often experiences outages due to centralisation. The project’s sole focus on meme coins differentiates it from other low-fee blockchains, catering specifically to a market valued at over $50 billion.
To ensure security, Pepe Unchained has undergone a third-party audit by SolidProof, confirming no security issues. This provides a lower-risk alternative for investors compared to other early-stage cryptocurrencies.
Will Pepe Unchained Steal the Spotlight?
As the presale for Pepe Unchained continues, investors can buy $PEPU tokens at $0.0086304. However, this price is expected to rise throughout the campaign. Given the success of other Pepe-related tokens and the unique technological innovations of Pepe Unchained, the project holds significant promise.
INVEST IN $PEPU EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
The cryptocurrency market is buzzing with excitement as cat-themed and frog-themed meme coins make significant strides. MEW and WEN have shown impressive gains, attracting investor interest and driving market momentum. Meanwhile, Pepe Unchained is poised to skyrocket in the meme coin market with its innovative blockchain and high staking rewards.
For investors looking to capitalise on these trends, both cat-themed and frog-themed tokens offer unique opportunities. MEW and WEN’s recent performances indicate strong potential for further growth, while Pepe Unchained’s technological innovations and robust market demand suggest it could achieve substantial returns.
As the presale stage for Pepe Unchained nears its end, prospective investors are encouraged to act swiftly to secure their positions. Visit the official website to participate in the presales and join the growing communities driving the development in the crypto space.
With the potential for high returns and groundbreaking innovations, $PEPU could be the key to the next big bull run in cryptocurrency.
