Pepe (PEPE) price growth continues to hit all-time highs. Will Dogeverse (DOGEVERSE) be next to surge?

adminMay 23, 2024

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Ethereum-based meme coin PEPE continued its upward trend, reaching a new all-time high on May 22, just a week after its previous high.

The new all-time high is drawing interest from more individual investors. Tokens that reach new peaks often attract more interest and investment.

As meme coin mania continues, many people are wondering: Could Pepe (PEPE) become the best meme coin of 2024, or will this multi-chain meme coin take the lead?

Pepe price analysis

On May 22, the price of PEPE surged 27%, reaching an all-time high of $0.00001422 in 24 hours, with the lowest and highest points during that period being $0.00001235 and $0.00001422, respectively. Pepe (PEPE) is currently trading at $0.00001354, up 7% in the last 24 hours, according to CoinMarketCap data.

This surge appears to have been driven by positive regulatory news, raising hopes for a spot Ether ETF approval. This approval makes Ethereum investment opportunities more accessible to institutional investors.

As PEPE continues its upward trend, it is attracting the attention of more individual investors. This pattern of increasing retail engagement is often accompanied by tokens reaching all-time highs, sparking further interest and investment.

pepe price graph

Over the past week, month, and six months, PEPE has risen 26%, 104%, and nearly 200%, respectively. With a current market cap of $5.62 billion and a trading volume of $3.71 billion, PEPE is showing a strong upward trend.

If this growth continues, PEPE could potentially surpass Shiba Inu, the second largest meme coin with a current market capitalization of $15 billion. This achievement will be significant for both the PEPE community and the wider meme coin market.

The meme coin market as a whole has reached a significant market capitalization of nearly $60 billion, with daily trading volume exceeding $12 billion. PEPE has been one of the best-performing meme coins during the recent market surge, reaching a new all-time high after surging nearly 120% over the past month.

Experts predict that PEPE will continue to see significant growth, possibly doubling or tripling in value in the coming weeks. Other meme coins such as Milady Meme Coin (LADYS) have also seen significant gains of around 20% in the last 24 hours.

Meanwhile, BONK and FLOKI increased 5.28% and 11.50%, respectively, over the same period. OG meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) have seen small gains of 2.60% and 2.28% over the past day.

Dogeverse (DOGEVERSE) – What will be the next meme coin to explode?

Dogeverse (DOGEVERSE) has already raised over $15 million and is poised to become one of the best meme coin presales of 2024. We recently reached our soft cap of $8.8 million and are now nearing the end of our pre-sale phase.

The big question now is whether pre-orders will sell out before listing. Even though the soft cap has been reached, there are still some tokens left as the hard cap is $17 million. Our $DOGEVERSE price prediction allows you to explore the potential future of the Dogeverse.

Currently, Dogeverse is racing to reach its pre-listing hard cap. Due to high demand and potential, it is likely that a significant price surge will occur upon launch, especially if the market experiences a short-term bull market. But for now, it’s just speculation that investors should consider before buying.

The current price is $0.00031 and you can get Dogeverse tokens by exchanging them for various cryptocurrencies such as ETH, USDT, BNB, MATIC, AVAX, BASE and SOL. Only time will tell how high it can get at launch. Alternatively, potential investors can visit our guide on how to buy Dogeverse tokens here.

Dogeverse is the first multi-chain meme coin that runs simultaneously on six chains, including Ethereum, Solana, Base, Polygon, Avalanche, and BNB Chain. This allows pre-sale investors to choose which chain they want to claim their tokens on, and users can easily transfer them between chains without the hassle of using stablecoins or purchasing other cryptocurrencies.

The goal is to create a connected community of Doge enthusiasts where community, rewards, and fun come together. Dogeverse also offers a staking feature, allowing users to stake their tokens right after purchase. Pre-sale investors have already staked 30 billion DOGEVERSE at 53% APY. Currently, stakers receive 6088.28 $DOGEVERSE for each ETH block solved.

Although developed on Ethereum, the project will be multi-chain from launch. Dogeverse’s website mentions that token distribution will take place over the next two years. To participate in the $DOGEVERSE token presale, visit thedogeverse.com.

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