Missed out on PEPE Coin? Here is another Meme coin that might 1000X.
The most recent meme coin to debut on the Uniswap platform is the Spongebob token (SPONGE), which has received a lot of traction. There may be another chance for those who missed the price increases for PepeCoin and ArbDoge.
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Incredible 10,000% Pepe Coin’s Ascendance
The social media-famous cartoon frog Pepe the Frog served as the model for the meme coin PepeCoin. Investors are putting money into the PEPE coin even though it is completely centred on the frog meme and has no practical application.
PEPE, which went live in mid-April, paid early investors 10 times their initial investment in the days after its debut on decentralized markets. Following that, the market experienced remarkably little activity for almost two weeks. Everything changed on April 29, when the volume of PEPE trading started to rise.
The coin’s trading volume in the first 48 hours exceeded $500 million, surpassing that of the two most well-known meme coins, Dogecoin and Shiba Inu, and the price had surged by four times from its previous level. PEPE saw a brief fall, but has since started to rise again.
It is currently trading at a premium of more than 3,000% above its initial asking price, and it appears that trend will continue. Early investors, however, run the very real risk of being left holding the bag whenever the pump inevitably stops given the current PEPE price.
SPONGE Continues the Meme Coin Trend
By calling itself “the Krabby Patty of meme coins,” Spongebob alludes to the well-known burger that frequently appeared in the Spongebob TV series and which the characters simply couldn’t get enough of. The coin appears set to surge in the upcoming days as investors rush to purchase SPONGE.
Analysts predict that SPONGE might quickly follow in the footsteps of meme currencies like PEPE, AIDOGE, and others. As a result of some of the biggest Alpha-finding influencers in the market touting SPONGE as the next meme currency to explode, volume has flowed in to an astounding $1 million in just a few hours.
For a coin that has only been in use for a short period of time — less than two hours — it is a staggering sum. Liquidity for new coins is always a challenge, unless the initiative has financial backing with significant resources. The price of a SPONGE coin is $0.000336 at the time of writing.
Further evidence that investors are paying attention to this new meme coin is the rise in trading volume. Analysts who watch the market for meme currencies think SPONGE has a lot of potential and predict that it might produce 1,000x profits for early investors.
The fixed supply of the token is 40 billion SPONGE. So it appears that before the pump goes into overdrive, traders and investors still have time to purchase SPONGE.
Exceptional Return on Investment Can Be Attained with Meme Coins
Recently, two meme coins recorded returns of more than 10 times. First, less than two weeks after making its debut on important exchanges, ArbDoge experienced a phenomenal gain of 2,50%. Only a few days later, PepeCoin surged 3,00% beyond its listed price.
Meme coins are quite volatile, which many investors believe makes them an easy method to make money as they can be sold for a profit. Here is a brand-new, extremely lucrative meme-making AI cryptocurrency.
AiDoge is the most popular AI cryptocurrency at the moment. The use of AI in this project will change how memes are made and shared online. By answering brief text prompts, users can use the meme creation feature to create memes.
In a matter of seconds, AiDoge will produce an amusing meme with pertinent visuals and clever text. When ready, the user can click a button to post their AiDoge meme to social media networks right away. Most importantly, every meme created by AiDoge is 100 percent original.
This has now solved the issue of duplicate memes propagating on social media. Another unique aspect of AiDoge is that memes are sponsored by NFTs on the blockchain.
This also addresses a crucial issue since viral memes are sometimes shared millions of times. AiDoge has a credit system in place, similar to many other sites with AI support. This suggests that in order to create memes, people must purchase credits. Additionally, the only currency accepted for the purchase of credits is AI tokens.
This ERC-20 token serves to support the AiDoge ecosystem. As a project, AiDoge is currently in its infancy. Investors can now buy AI tokens for $0.0000268 each after the third stage of the presale raised $1.6 million. The price will increase when each presale component sells out because this is a multiple presale.
The AiDoge team has stated that after the presale, AI tokens would be offered on an exchange at a cost of $0.0000336. ETH, BNB, and USDT are supported by the ERC-20 and BEP-20 presale standards. Investors have the option of using a credit card to buy AI tokens through a third-party processor.
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