While Dogecoin (DOGE) and its counterparts made the headlines this week as the most performing memecoins, Shiba Inu (SHIB) has joined the queue as the week ends on a positive note. Pepeto (PEPETO), although yet to launch, is standing shoulder-to-shoulder with DOGE as more investors continue to stake in, patiently waiting for the official launch date.
We will examine Pepeto and DOGE’s efforts to dominate the memecoin market, the possible future growth, and SHIB’s attempt to scale up.
DOGE and SHIB Continue Their Journey into The Green Zone
DOGE was trading at $0.2417 today after a 2.85% increase in the last 24 hours. Although with a slight drop to $4.74 billion in trading volume, representing 31.96%, it still ranked #8 on the CoinMarketCap. SHIB also increased by 0.96% in the last 24 hours, ranking #18 on the CoinMarketCap platform.
DOGE rose by 20.62% last week, but showed a 38.92% increase in early July. It has seen an all-time high of $0.2558 and an all-time low of $0.2276 in the last 24 hours, meaning that investors are ‘hopefully’ still locked into it, hoping it goes higher over time.
Pepeto Makes Headway, Flaunts Its Unique Features
Pepeto is valued at $0.000000141 at the time of writing, after raising $5,575,939.52 in the pre-sale stage. It will likely do a 100x after launch as it has continued to build momentum. Pepeto management has not stopped using its unique features as a stunt, which has been rewarding so far considering the investor’s renewed trust.
Pepeto has shown over the years the willingness to rise above its peers. Its current performance has proved to investors its rewarding post-launch outcome.
The company is looking to launch the coin on four major cryptocurrency exchanges, a move believed to further increase the coin’s global market acceptance.
With 420 trillion units in total supply, it has reserved 30% to preserve its pre-sale liquidity, 30% to reward staking members, and 20% for its marketing purposes: a testament that the price will surge after launch.
Conclusion
Shiba is currently trading at $0.000015 on CoinMarketCap, with a 24-hour trading volume of $443,912,693. The coin has been up today, closing with a market capitalization of $8,769,302,900, another proof of a high investor interest in memecoins.
Pepeto is not slowing down any time soon either, as interested whales (most of which are anonymous) anxiously await its launch. Crypto industry analysts have strongly predicted Pepeto’s potential surge, stemming from the strong growing investor interest believed to continue after it’s official launch.
DOGE, even with the 13.09% growth in its market capitalization, is showing signs of a pullback. Its growth intensity may likely drop in the coming weeks. While the savvy investors are ready for the launch of the world’s most secure memecoin project, the door is still open for anyone to be part of the innovation. Be the smart investor, buy in today!
About Pepeto
Pepeto (PEPETO) is a bridge-building memecoin developed to link memecoin and other cryptocurrencies. As an Ethereum-based project, the Pepeto system is equipped with the best technology; hence, its tough security apparatus.
With over 420 trillion units in total supply, Pepeto has a strong community base, making its integration easier. As part of its broader integration strategy, the management relies on aggressive marketing activities while working to introduce it to five major cryptocurrency exchanges after its launch.
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