Ahead of the Bitcoin Halving, Solana meme coins continue to thrive.
In the most recent surge, the Pepe Birthday token (PEPEBDAY) experienced a dramatic 200x increase in price. However, with the price now receding, attention is turning to whether another coin might be poised for a similar explosion.
This article will provide an analysis of PEPEBDAY’s current price trends and look to see whether an innovative multi-chain meme coin, Dogeverse, represents a more promising investment opportunity at this time.
PEPE BIRTHDAY ENTERED SOL TRENDING AGAIN🔥
Today is a very important day for us, our party continues and we are waiting for you! In an hour PEPE will be listed on COINBASE and it’s a good occasion for us.
Lets conquer the heights together!#PEPEBIRTHDAY #PEPE #LISTING #SOL… pic.twitter.com/xaJPAx3dPr
— PEPE BIRTHDAY (@pepebirthday_) April 18, 2024
Pepe Birthday is a celebratory meme coin, aiming to make it big in the wake of 2023’s biggest meme coin launch: Pepe coin – which was created on April 19.
PEPEBDAY Price Analysis: As New Solana Meme Coin Celebrates PEPE’s First Birthday – How High Will Pump Go?
As price action retreats, Pepe Birthday token is currently trading at a market price of $0.000032 (representing a 24-hour change of -90%).
This comes after PEPEBDAY launched at just 9 AM UTC on April 17, in a listing that garnered immediate attention from eagle-eyed DEX traders.
Quickfire traction saw PEPEBDAY accelerate +14,000% to hit an all-time high at $0.0076 just 5-hours later – yet, the sudden gains appear to have been short-lived, with early-bird investors moving quick for a sell-off that has since bled-out most of Yesterday’s big gains.
Pepe Birthday token is now left trading at last-stand support above $0.00003 – with 1,220 holders risking a complete capitulation.
And despite the timely launch, and alluringly low $32k market cap – with buy pressure representing just 35% of transactions over the past hour – all might be over for this fresh-faced moonshot.
For this reason, many astute traders are shifting their attention to a viral meme coin presale.
Traders Flock to The Dogeverse: Multichain Crypto Presale Hammers Multi-Million Raise
With Dogecoin in focus and bears pressing on, more investors are training their eyes on Dogeverse (DOGEVERSE) – which offers early-bird advantage that could unlock huge gains.
The multi-chain meme coin is rapidly gaining traction, raising over $7 million in its ongoing presale.
Another fantastic milestone in the books! 🚀#DOGEVERSE hits over $7 million! 💰#Cosmo sends a heartfelt thanks to our expanding community! 🐶🙌
What’s next on the horizon – $7.5M or $8M? 🤔 pic.twitter.com/yIiutjmR81
— DogeVerse (@The_DogeVerse) April 18, 2024
DOGEVERSE will operate on Ethereum, Polygon, BNB Chain, Solana, Avalanche, and Base, a multichain feature that supporters will drive prices in 2024.
Moreover, holders cite DOGEVERSE’s capped supply of 200 million combined with staking as attractive attributes. These features will likely create a supply squeeze, progressively lifting prices over time.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
