In a dramatic boost for the meme coin market, PEPE price has pushed high with an +8% gain, and returning meme coin interest is fuelling strength for FLOKI and TURBO price action.
This comes as the overall meme coin market cap continues to push high, with a 0.7% growth to $148,571,120,812 in the past 24-hours according to CoinGecko data.
Meme coin mania appears to be going mainstream too, after US Congressman Mike Collins disclosed his ownership of two digital assets: Ski Mask Dog (valued between $2,000-$3,000) and Base bridge Aerodrome .
The Taliban trade memecoins. Get it yet?pic.twitter.com/FhSxcY9P2F
— Luke Belmar 👽 (@lukebelmar) December 8, 2024
There are even viral videos circulating that purportedly show members of the Afghanistan Taliban discussing their participation in the meme coin market.
PEPE Price Analysis: Pepecoin Shoots Up +20% Week-on-Week
In a show of strength from the meme coin market, the 3rd biggest meme coin, Pepecoin (PEPE) has exploded +20% week-on-week, with many now calling for the top frog to flip Shiba Inu token as the second-largest meme coin.
With meme coins pushing to the upside, PEPE is currently trading at a market price of $0.0000268 (representing a 24-hour change of +1.82%).
This comes after an impressive climb in recent weeks, which saw price consolidate above the previous high at around $0.00002, before bouncing off the ascending 20DMA into current position.
(PEPEUSDT)
Indeed, with the 20DMA now standing at $0.000021, PEPE price can boast a strong level of lower support above the previous all-time high, which puts PEPE firmly in price exploration territory.
To the upside, the next logical target for PEPE price stands at $0.00003, which would represent a +9.5% push from here.
Yet, with PEPE’s RSI shifting to levels last seen in mid-November, it would not be unsurprising to see Pepecoin consolidate this new range over the coming weeks while the 20DMA plays catch up.
EXPLORE: 17 Best Crypto to Buy Now in 2024
TURBO Price and FLOKI Chase Dominate Top Meme Coin Gains
While PEPE is targeting Shiba Inu’s spot at number 2, other big meme coin projects are giving chase amid significant gains for rival tokens Floki Inu and Turbo coin.
TURBO price is showing incredible strength, with a whopping +69% gain week-on-week, as it remains below the $1Bn market cap level at $856M.
(PEPEUSDT)
Meanwhile, Floki Inu is slowly climbing with a comparable +17.9% gain over the last week and a higher market cap of $2.56Bn.
Wall Street Pepe Could Be The Biggest Meme Coin Launch of Q1 2025
Wall Street Pepe’s ($WEPE) presale is hitting viral velocity. In just a week of presale, it has already surpassed $3.3 million raised.
With plenty of opportunities to seize as the bull market persists into 2025, it’s crucial to rid the industry of market manipulation from insider groups. More importantly, the focus should be on tipping the scales in favor of smaller traders rather than whales.
That’s where Wall Street Pepe comes in, with its bold mission to level the playing field for smaller investors.
Backed with exclusive trading insights and alpha calls that only a select few usually get, Wall Street Pepe is setting up his squadron of retail traders to dominate the game – and the market will never see it coming.
Price predictions for $WEPE have also skyrocketed, as no presale in the market has garnered this level of magnetic appeal quite like $WEPE.
One conservative price target for the $WEPE price by 2025 is $0.001306, representing an eye-popping 534.95% gain from its current price – but that’s just the beginning.
The probability of hitting these price targets is incredibly high, especially given that supply is being hoarded by investors who are betting on the long-term success of the token by staking.Â
In fact, when the presale launched last week, the APY was an astounding 1,506% – but has since adjusted to 170%, showing just how much demand is building for this project.
But here’s the catch: $WEPE token are flying off the shelves faster than expected.Â
This golden opportunity won’t last long at the current presale price of $0.000206 per $WEPE. The price is set to rise in just a few days – or sooner – so don’t let this chance slip away.Â
Be on the winning side and join the $WEPE Army community via X and Telegram.
EXPLORE: Pudgy Penguins NFT Collection Announces PENGU Token: Launching This Year
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