Bitcoin ($BTC) has recorded steady price growth recently. The token surged over 8% on June 21, pushing its price value to $28,830 after hovering at $26,800.
At press time, $BTC has jumped to $30,345, marking a substantial increase of 5.19% in the past seven days, indicating bullish sentiment.
The price uptrend of $BTC has influenced other altcoins, particularly meme coins, with $PEPE, $WSM, and $AI reaching new milestones.
$PEPE – Trendy Meme Coin With Explosive Price Pumps
Emerging from the shadows of established counterparts like Bitcoin and Ethereum, $PEPE has risen and carved out a pathway that merges entertainment, culture, hype, and crypto investment.
$PEPE features a unique sad frog meme and asserts to anchor the popularity attached to the meme genre.
The meme sensation is centered around governance, the purchase of digital goods, and access to exclusive entertainment content, thereby creating high demand that could increase its value.
Leveraging the capabilities of blockchain technology, the meme project provides members with an immersive experience and opens up new financial opportunities.
Since its debut on April 16, 2023, the token has recorded exponential price pumps of over 250%, turning an investment of $250 into $1.4 million just a few days after its launch.
Despite experiencing significant price growth, $PEPE currently trades 64.93% below its all-time high of $0.000001656, recorded on May 5, 2023.
However, recent bullish sentiments have created optimism for investors.
At press time, $PEPE is priced at $0.000002 per token, indicating an uptrend of 41.77% in the past seven days.
The meme token also boasts a staggering 24-hour trading volume of $204 million, indicating hot-red market traction from global investors.
Technical analysis of the surging meme coin market indicates an uptrend price movement.
$PEPE trades above the 21-day and 50-day simple moving averages (SMAs) of $ 0.000001169 and $ 0.000001371, respectively, indicating gradual price growth.
However, the asset trades below the 3-day exponential moving average (EMA) of $ 0.000001626 but find resistance as it hovers above the 10-day EMA of $ 0.000001469. This signals a price rebound on the horizon.
The relative strength index (RSI) oscillator is 58.57, a new zone from its previous 53.96. This further indicates a price rally as the $PEPE market increases momentum towards the overbought zone.
Although there’s yet to be any official announcement on integral utility addition or strategic partnership, $PEPE can potentially surge past its all-time high in the short term due to viral hype and its community-driven ecosystem.
AiDoge ($AI) – Hot-Red Revolutionary Meme-to-Earn Token
The AI-powered meme coin $AI is experiencing a continuous surge in value. AiDoge is building a revolutionary platform that enables users to mint high-quality and trendy memes.
This platform utilizes cutting-edge AI technology and incentivizes members with the $AI token when their memes gain popularity.
To create a meme, users simply need to provide a vivid description of their design on the platform’s text prompt. The meme generator then automatically generates relevant memes in a few seconds.
The impact of AiDoge technology could extend beyond its platform, potentially influencing sectors with a history of positive growth, such as marketing and advertising.
Experience the utility of $AI today!
— aidogecrypto (@aidogecrypto) June 28, 2023
Brands and manufacturing companies looking to create a new identity for their products can leverage AiDoge technology and mint trendy meme logos for their merchandise.
With strategic marketing and adoption, the demand for $AI is expected to soar, stimulating a price surge.
The token completed its presale stage two weeks ago, raising over $14.9 million from early investors.
$AI is now trading live on MEXC and UNISWAP public exchanges, with a current price of $0.000005920 per token.
The $AI token is up by 12.12% in the last 24 hours, generating high gains for early investors.
Don’t forget, #AiDogeArmy!
You can now stake your $AI tokens and boost your holdings!
But hurry! You only have 1 week left to be eligible to get 50% APY
— aidogecrypto (@aidogecrypto) June 26, 2023
Investors can also stake their $AI tokens and earn passive income without trading. However, users have less than five days to leverage the staking feature and earn a whopping 50% annual percentage yield (APY).
Wall Street Memes ($WSM) – The Burgeoning Meme Coin Set to Hit Moonshot
Another meme coin on the block that has shown a potential to lead the market is $WSM, the native token of the Wall Street Memes ecosystem.
The meme token is gaining popularity and achieving new milestones every day. It has surpassed the $10 million price mark in its ongoing presale.
$WSM has emerged as a frontrunner in the meme coin rally, attracting global crypto traders eager to ride the explosive wave of the next meme king.
Crypto analysts and observers believe the emerging meme token is well on its path to scale past the massive pump reign of $PEPE and $SPONGE, generating a potential 100x returns for early birds.
But why is this new asset gaining high momentum and interest from crypto communities?
The $WSM presale launched on May 26 and raised an astounding $10.9 million in a month, indicating a glimpse of what’s to come when it lists on public exchanges.
The token’s staggering success lies in its vibrant community ties and support from influential figures in the crypto sphere, including Elon Musk.
— Elon Musk (@elonmusk) March 18, 2023
Furthermore, early investors are excited because of the origination and development team that heads the $WSM rally.
The Wall Street Memes project was born out of the popular subreddit group, WallStreetBets, which propelled the GameStop revolution in 2021.
Recognizing the actions of large-volume investors shorting GameStop stock for their profit, the subreddit group decided to fight back by collectively investing substantial amounts.
This led to an astonishing surge in GameStop’s price to $483 on January 28, 2021.
This event generated immense attention in the financial industry, symbolizing the group’s resistance against capitalism.
Now, the Wall Street Memes project has emerged, representing the convergence of the internet revolution and triumph over the world of capitalism.
With strong community backing of over 1 million followers on social pages, $WSM is poised to gain further popularity and list on tier-1 public exchanges.
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Wall Street Memes (WSM) - Newest Meme Coin
- Community of 1 Million Followers
- Experienced NFT Project Founders
- Listed On OKX
- Staking Rewards