Meme coins are back in full force.
As Bitcoin climbs higher, coins like Pepe, Book of Meme, and Pepe Unchained are capturing enormous attention.
But which one stands out as the top pick in this race to be the top joke token?
PEPE Jumps 11% – Can It Keep Climbing?
First, let’s talk about Pepe (PEPE).
After a quiet spell, this frog coin is back in action, trading around $0.0000104.
That’s an 11% jump from Sunday’s low.
Despite a slight pullback after yesterday’s peak, PEPE’s chart still shows a promising trend of higher highs and higher lows.
The token has even crossed above the 50-period EMA on the 4-hour chart, showing that the medium-term trend is to the upside.
But where could PEPE go next?
Many traders are eyeing the $0.0000119 level, where the token peaked on September 29th.
That would be another 13% increase from here.
Adding to the excitement, PEPE’s creators recently tweeted about a potential “memecoin supercycle” in the coming weeks.
Their tweet has gotten much attention, prompting further demand for PEPE and other meme coins.
Overall, there might be more bullishness ahead for this fan-favorite token.
BOME Token Rockets & Challenges PEPE for Frog Coin Supremacy
Book of Meme (BOME) has also been going through a bullish period.
This frog-themed meme coin now trades around $0.0091 after a 54% rise in the past six days.
That’s impressive – but there’s more to the story.
BOME was actually up by 90% earlier this week but ran into strong resistance at $0.0111.
The token has bounced off this level four times since June.
With spot volumes down 8% in the past day and open interest dropping 30%, the BOME rally could be losing momentum.
So, is PEPE or BOME a better option?
While Book of Meme’s surge is eye-catching, Pepe’s consistent climb and larger presence in the meme coin market could give it the upper hand.
Plus, the community sentiment towards PEPE is 86% bullish on CoinMarketCap – higher than BOME.
It seems PEPE might be a more solid contender for gains.
Although there might be some short-term pain after such a vertical rally, the OG frog coin looks in a much better spot.
Does Pepe Unchained Have Better Potential Than PEPE or BOME? Presale Phase Nears $20M & Draws Analyst Backing
While PEPE and BOME battle it out, there’s another meme coin joining the race – Pepe Unchained.
Although it has a frog theme, Pepe Unchained differs from these two coins in a big way.
The team is building their own Layer-2 chain called Pepe Chain.
This chain is designed just for meme coins and is expected to be 100 times faster than Ethereum.
According to Pepe Unchained’s whitepaper, there will also be minimal transaction fees.
Add in a custom DEX and an instant bridge to Ethereum, and it’s clear Pepe Unchained’s team is creating an exclusive ecosystem for “degen” traders.
This utility is what sets PEPU apart from PEPE and BOME.
While those coins rely on hype, Pepe Unchained has a genuine use case – and a staking app that offers estimated APYs of 111%.
That means PEPU investors can earn sizable rewards just for holding.
Crypto investors are beginning to pay attention to this setup.
Pepe Unchained’s presale has raised over $19.8 million, offering PEPU tokens for just $0.00999 each.
Interested investors can participate in the presale using ETH, USDT, BNB, or a card.
Crypto influencer ClayBro, who has a large YouTube following, even predicted that PEPU could be “next to soar” when the bull market continues.
So, is Pepe Unchained a better coin to watch than Pepe or Book of Meme?
It’s hard to say right now, but given its unique Layer-2 ambitions, it certainly has solid long-term potential.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER 2024 at BYDFi Exchange: Up to $2,888 welcome reward, use this link to register and open a 100 USDT-M position for free!
Source link
Felix Mollen
https://cryptopotato.com/pepe-vs-bome-vs-pepe-unchained-which-is-the-next-meme-coin-to-watch/
2024-10-16 18:04:01