Crypto markets were under pressure on Thursday, with bitcoin (BTC) falling back under $30,000 and ether (ETH) falling back under $1,850 amid macro headwinds.
Private US payroll company ADP’s estimate for the number of jobs added to the US economy in June exceeded expectations by a huge margin on Thursday, coming in close to half a million versus expectations for only around 226,000.
That, combined with stronger-than-expected US ISM Service PMI data for June, pushed US yields sharply higher as Fed tightening bets rose, weighing on risk assets, including crypto.
Traders are now shifting their focus to Friday’s official US jobs report, which could similarly roil markets.
In the meantime, there is plenty of action in small-cap meme coin markets, with crypto degens on the hunt as ever for the next 100x meme coin like Pepe or Shiba Inu.
Pepe copycat Pepe 2.0 (PEPE2.0), which is marketed as a second chance for degens who missed the initial Pepe rally, hit fresh all-time highs on Thursday above $0.0000002.
That means the cryptocurrency has rallied over 1000% from its Sunday lows in the $0.000000015 area.
Visit PEPE2.0 on DEX Tools Here
Pepe 2.0 isn’t the only 2.0 coin that has been doing well recently.
Floki 2.0 has also been doing well.
The cryptocurrency, which was only launched on Monday, hit a new all-time high on Thursday above $0.00000001, though has since slipped back under $0.000000005.
At present, the token has a market cap of just under $2 million, so its still a very small cap meme coin.
As per DEXTools, FLOKI2.0 has over 1,600 holders and over $170,000 in locked liquidity.
Visit FLOKI2.0 on DEX Tools Here
A new version of the Shiba Inu 2.0 coin has pumped on Thursday.
SHIB2.0 was last around $0.00000001 with a market cap of
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