It has been a rollercoaster ride for PeiPei since its inception in June, but things are heating up with its price recently breaking out into a new all-time high (ATH).
As such, is this a good time to buy PeiPei, or are there better alternatives on the market? Let’s find out.
PeiPei Could Continue to Grow In 2024
PeiPei has been hot off the mark since its launch in June, up over 800% and recently creating a new all-time high.
But all hope is not lost for those wishing to buy in early.
PeiPei’s market cap currently sits at a modest $122 million.
Comparatively, Pepe’s market cap is $3.9 billion – over 31x higher.
In addition, PeiPei is currently holding third place on CoinMarketCap’s trending list, only behind Bitcoin ($1.1 trillion market cap) and Render ($2.4 billion market cap).
With that in mind, there’s undoubtedly room for growth.
And so, the question becomes, will this translate to actual growth?
From a fundamental perspective, there’s every chance it will.
The token is marketed toward an Asian audience, with some dubbing it the “Chinese Pepe.”
It’s the first prominent meme coin to take this route, and it’s proving to be a popular move.
Commentator Corey highlighted that PeiPei is featured on billboards in Hong Kong, a financial hub in Asia, and a hotbed for crypto innovation.
Meanwhile, Romeo underscores that early Bitcoin investor Davinci Jeremie, who has a pristine track record, was an early proponent of this project.
According to Romeo, PeiPei will generate “insane FOMO,” and he suggests its price will go “much higher.”
And PeiPei also looks bullish from a technical standpoint.
Crypto Catalysts suggests that PEIPEI will retest its previous ATH before venturing further into price discovery.
Based on the analyst’s chart, the price could reach $0.0000006 in the coming days, approximately 2x from its current price.
Through its continuous growth, unique Pepe-inspired memetics, and analyst support, PeiPei is primed with a bright future.
But it’s not the only Pepe-themed token displaying such promise today.
Another is the new presale token Pepe Unchained, equipped with equally enticing memetics and cutting-edge utility. Let’s take a closer look.
Can Pepe Unchained be the Next 10X Meme Coin? Presale Raises Over $3M
Continuing the Pepe bloodline, Pepe Unchained has emerged and is taking the presale frontier by storm.
The project has raised over $3.1 million at presale, a clear nod of approval from crypto investors.
But this comes as no surprise. Pepe Unchained is far from an average meme coin.
It’s the first Pepe-themed token to have its own blockchain.
The team is building an Ethereum layer 2 to help with scalability issues. Pepe Unchained will be 100x faster and much cheaper than the main net.
In addition, there is staking, a block explorer, and a bridge that connects to Ethereum.
Coupled with its memetic allure, this groundbreaking utility has analysts fired up.
Jacob Bury has sung its praises and believes it is a “10x potential meme coin.”
The analyst also hailed its staking mechanism, a feature that rewards holders for locking up their tokens.
At the time of writing, stakers can garner a whopping 595% APY.
However, this will decrease as the staking pool grows, so they should act fast to secure the highest compounding potential.
And at the same time, the presale price will gradually increase throughout the ICO. The next increase will occur in 19 hours.
