The 2024 year is one of the best for the crypto market of all time. Bitcoin has broken its ATH, and the meme coin sector has reached unprecedented heights. Traders and experienced investors are discussing the explosive growth of meme coins on social media, many of which have risen by thousands of percent in just a few days. As a result, the market cap of the sector doubled in November and exceeded 130 billion dollars.
As meme coins show daily growth of hundreds or even thousands of percent, it is necessary to know which assets to invest in and which are better left behind. Let’s break this down.
Cat in a Dog’s World
Let’s start with the meme token that quickly captured the attention of investors and the community, with a market cap reaching 700 million dollars. Cat in a Dog’s World is a project that focuses solely on the cat community. It should be noted that currently, tokens with dog themes such as Doge or Shiba Inu are in the lead. Social media quickly picked up the narrative of this token, and as a result, people started investing in it, which became the main point for the increase in the coin’s value.
It seemed like a good narrative for a meme coin, something truly new, but gradually the community is starting to abandon this project and return to tokens with dogs or Pepe. Over the month, the token has fallen by 25% and continues to decline. If the cat theme does not start gaining popularity again, this project will soon completely disappear from sight. After all, only the popularity of this theme can raise this token, as it has no financial value, unlike the meme coin we are about to discuss.
Moving on to a new meme coin, which not only has great long-term potential but also gained popularity in a very short time.
Pepe Meme – the new meme coin that will take the crypto market by storm?
Pepe Meme is a project with a large and useful ecosystem that includes six features that will allow the projects to remain in the spotlight for many years. For example, NFT and its Tap-To-Earn game. Don’t forget about the airdrop, for which the project has allocated 14% of all tokens, allowing its subscribers to earn a significant amount even without investing in the token.
Remember that the most popular narratives for meme coins remain dogs and Pepe the frog. So Pepe Meme is that very green frog that has gained popularity in all areas of the crypto community.
Support from crypto influencers
Let’s return to the Pepe Meme community, which supports the project and invested 2 million dollars in the pre-sale literally within a few days. Not only has the project already gathered more than 500,000 subscribers on Twitter, but also well-known crypto influencers have started to support it and share information about the project with their followers on social media. For example, popular blogger Matthey Perry dedicated an entire video on his channel to review Pepe Meme. Or, for instance, Elon Musk, who left his comment under one of the project’s posts, thereby supporting the project at an early stage.
Conclusion
Will Pepe Meme outrun Cat in a Dog’s World? The answer is obvious. The first project has a much more interesting narrative and ecosystem, and moreover, crypto influencers support Pepe Meme, which only adds to its popularity.
