Pepe is up 17% today and is enjoying continued success, currently trading at $0.00001064.
Meanwhile, multi-chain meme coin “Smog” is also picking up pace, soaring 44% and claiming a market cap of $200 million.
Pepe soars, but analysts expect further rise
Pepe has had great success recently, pumping 17% today, 55% this week, and 853% this month. But analysts believe there's more gas in the tank and predict impressive profits down the road.
The current price of $0.00001064 represents an all-time high, and the current market cap is $4.4 billion.
The recent rally came after Elon Musk said Tesla may someday accept Dogecoin payments for Tesla cars. Although Pepe was not directly involved, the news ignited a frenzy for the memecoin, with its market capitalization now at $66 billion, up 8.29%.
Looking at Pepe's price chart, analysts believe that the recent rally is the gateway to further growth, reinforcing the recent uptrend.
“This is the early innings of a parabola, there is no doubt in my mind. I expect this to be the start of the next bull market,” said Max Schwartzman, CEO of Because Bitcoin. said.
Max is a prominent predictor of Pepe's recent growth, speculating that it could reach a high of $0.00011 in the coming weeks.
In an earlier tweet, the analyst likened Pepe to Dogecoin. suggest Pepe said he is following “a much faster version of what DOGE did in 2020-2021.”
Meanwhile, analyst James Wynn commented on Pepe's recent ATH: Focus on it “We have entered price discovery,” he said, speculating that this could be “a move that reverses SHIB.”
In fact, this is ambitious given that Shiba Inu's market capitalization is almost four times that of Pepe. However, the tweet was well-received with his 217 likes and his 39 retweets, reflecting some pretty bullish sentiment behind the Frog-based cryptocurrency.
But Pepe isn't the only meme coin with monumental success.Future plans
Dragon-themed meme coin “Smog” is also on the rise, gaining more than 44% today and recently passing the market cap milestone of $200 million.
Multi-chain smog spikes 44% amid 'largest airdrop in history'
New cryptocurrency Smog, carrying out “largest airdrop in history,” has taken an unconventional approach to meme coin dominance.
With 35% of the total smog supply being airdropped, market participants have a huge opportunity if they qualify.
While simply purchasing and owning Smog is the first step toward qualification, holders can also improve their chances of success by completing the tasks outlined on the project's Zealy page. Masu.
Airdrop eligible tasks aim to spread the word of Smog and enhance community growth and price performance.
Additionally, Smog is available on Solana and Ethereum, exposing it to the two largest on-chain meme coin markets.
These factors have led to unwavering success, with today's smog rate at 44% and this month at 485%.
The current market capitalization is $204 million. This puts Smog in a unique position to break the shackles of a diluted low-cap market while maintaining significant upside potential to capture the top of the industry.
Therefore, there are no shortage of influential analysts behind this project. One of them is Matthew Perry. He recently speculated to his 210,000 YouTube subscribers that Smog “might be the king of his coins.”
Smog is currently offering a 10% discount to investors who purchase via the project's website. However, you need to act fast because this offer ends soon.
Visit Smog's website
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