Crypto investors are finding renewed optimism in the market following a prolonged period of bearish sentiment. As anticipation builds for the upcoming altcoins season, investors are already eyeing potential projects to secure early returns.
Among the projects garnering attention are PEPE and a promising newcomer, Pikamoon (PIKA). With the latter launching on crypto exchanges (Bitget, MEXC & Uniswap) on March 22nd, investors are now eager to determine which of these coins holds the most potential for huge returns.
In this article, we’ll provide an overview of the token, delve into PEPE’s price, and assess why Pikamoon is poised to emerge as a dominant force in the next altcoin season.
PEPE is a deflationary meme coin that operates on the Ethereum blockchain. Intuitively, the project pays tribute to the iconic Pepe the Frog internet meme created by Matt Furie, and was therefore conceived to capitalizing on the popularity of meme-based cryptocurrencies like Shiba Inu (SHIB) and Dogecoin (DOGE).
Launched as a playful homage, PEPE quickly gained traction within the crypto community due to its unique approach and appeal to meme enthusiasts. This is because it embraced the simplicity and humor of internet memes, while also leveraging the decentralized nature of blockchain technology.
PEPE’s price made an impressive entry into the crypto market, experiencing a remarkable rise of over 10,000% in its first month of launch. This extraordinary growth positioned PEPE as one of the top meme coins in the crypto market, alongside established players like SHIB and DOGE.
Subsequently, PEPE has continued to attract attention and maintained its status as a leading memecoin – which come March 2024, helped the token hit astronomical
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