Considering the period when crypto kicked off and the general demographic that it reached at this time with the internet so easily accessible, it was only a matter of time before meme made it into the financial industry. Some may call it nonsensical, but when you look at it logically, the crypto industry now has something for everyone and appeals to a much wider audience than traditional investing.
Pepe Coin is the latest meme coin to hit the market, and, despite its incredible growth arc, it faced a giant loss recently. However, it is beginning to witness some recovery and is rumoured to become larger than Dogecoin and Shiba Inu. Floki Inu, the latest of the dog-themed cryptos, has had a string of success recently thanks to its listing on Binance Futures, and Big Eyes Coin (BIG) is in the final weeks of its presale and eagerly counts down to its launch day.
Pepe Coin: An Overnight Sensation
Pepecoin entered the market practically overnight and became one of the fastest-earning coins. It markets itself as the "most memorable meme coin in existence", and in the first three weeks following its launch, it made over $400 million.
This is astounding, given the large print laid out by the coin itself, which states that it has no intrinsic value and is completely useless. However, many enjoy the true nature of humour in a cut-throat market and, as such, were happy to pour their money into this project.
Despite its success, Pepe Coin faced a dramatic downward spiral when it lost nearly 50% of its market cap to the bears. Yet, it has recovered quite well, moving up almost 65% following its loss to put its current value around $1.2 billion. This comes from its listing on various exchanges, including Binance, KuCoin, and Uniswap.
Floki Inu: Great Things Ahead
Floki Inu joined the ranks of the dog-themed cryptos in 2021 and has seen some significant growth ever since. Inspired by the Shiba Inu pup belonging to Musk, it has become a rival for Dogecoin and Shiba Inu.
Floki Inu has recently seen a string of success, the most notable being its listing on Binance Futures. The listing, made under a perpetual contract, offers 20x leverage and allows traders to buy or sell the meme coin without expiration. This development brings more legitimacy to the meme coin and has increased its value and popularity.
Big Eyes Coin: The Countdown Continues
Big Eyes Coin has become one of the most talked about coins in the industry. Still in presale, the coin had gained popularity from investors and crypto enthusiasts because of its incredible spate of lucrative opportunities and rewards.
It made over $8 million in its first month and, so far, has raised over $35 million due to its solid investor network and the sheer excitement surrounding its competitive potential.
The highlight of every visit to the website is the loot boxes, one of the most lucrative rewards on the platform. With a minimum investment of just $10, users can win prizes valued at up to $1 million. In addition, they can unlock an additional 300% bonus with every purchase by simply using the code END300 .
Furthermore, Big Eyes Coin has recently released its NFT collection, the Opensea market. With these, users have two options; these can be collected, minted, and traded for an immediate return or used as a long-term investment after the coin's launch, which could be a better return.
The presale ends June 3rd. These are your final weeks to be part of the Kitty Cuddlers community. Use the code END300 to unlock a world of benefits with your purchase.
In conclusion, meme coins are starting to gain popularity and incredible speed within the market, and because of their light-hearted nature, they bring a different perspective to the market. Coins like these are the market's future because they appeal to a new demographic and keep cryptocurrency relevant for younger generations.
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