As PEPE Leads Meme Coin Resurgence, Is 99BTC About to Explode?

Meme coins are flying again and Pepecoin is leading the charge. In this PEPE price analysis, find out why retail investors are flocking to this emerging presale as it hits $1.1 million.

Bitcoin, Ethereum and most of the top altcoins have performed decently: nothing too serious, but prices are moving. XRP bucks the trend, but other fundamental factors come into play, with Ripple’s ongoing move against the US SEC playing an important role.

Beyond that, the meme pieces stand firm despite predictions of bloodshed. And you don’t have to look far: market capitalization tells it all.

Even though Bitcoin recently crashed before surging, the meme coins maintained their total market capitalization above $50 billion.

This performance is impressive, especially since most of these projects are, for lack of a better word, supported by “nothing” other than a bucket full of hope (of a moon shot).

(Best Coins)

As meme coins try to find their footing, Pepecoin is spearheading that charge. The third most valuable meme coin, behind Dogecoin (the OG) and Shiba Inu (SHIB), surged +25% in the last week alone, sparking investor interest.

PEPE Price Analysis: Dissecting Pepecoin’s Explosive Rebound

99Bitcoins analysts have identified several factors that could further drive demand. Since the price of PEPE and meme coins are primarily driven by sentiment, the fact that institutions want to channel funds into this “wacky” sector is a game changer.

To demonstrate this, following the return of Binance in May 2023, Coinbase announced its intention to list PEPE perpetual futures contracts last month.

Thanks to this portal, traders now have more access to liquid piece of money via a trusted platform.

The listing of PEPE on Coinbase perpetuals coincided with an increase in the number of on-chain holders.

According to Etherscan, there are 216,530 holders, trending steadily upward throughout the month of May. A large portion is held by Binance (over 20% of the total supply) and other exchanges like OKX and KuCoin.

(Etherscan)

Demand for Pepecoin is expected to increase with the news that whales are moving the meme coin from Binance.

Usually, when coins are moved from exchanges, especially in a block transfer, it suggests that the holder is optimistic and expects prices to rise – a state of accumulation. This development and improving crypto sentiment could see PEPE soar, extending gains into May.

(PEPEUSDT)

So far, the meme coin is trading at all-time highs. Up over 75% from April lows, a break above the current $0.00000923 range will propel PEPE to new highs.

But, amid the upsurge identified in PEPE price analysis, investors are turning to another high-growth token, 99 BTC.

99Bitcoins Raises Over $1.1 Million During On-Fire Presale

Riding the wave of popularity of meme corners, the 99Bitcoins Presale launched in April and quickly gained traction.

Less than 36 hours after the April launch, more than $100,000 was raised. In less than a month, the 99BTC presale raised over $1.1 million.

Judging by the trends, this is just the beginning. Early investors will be the biggest beneficiaries, not only thanks to the rush into coins and crypto, but also because 99BTC is preparing a unique project.

99BTC is at the heart of 99Bitcoins’ innovative Learn-to-Earn (L2E) model – the trusted news site will reward users with 99BTC tokens for completing educational modules, quizzes and tutorials.

This fun approach to crypto education aims to create a vibrant user base.

An overview of the exclusive benefits and growth plans of 99 BTC

99BTC also offers additional benefits to token holders. Owning more than 99 BTC unlocks VIP access to exclusive content, such as expert trading signals and valuable market insights.

Additionally, 99Bitcoins plans to upgrade to the BRC-20 standard on Bitcoin.

This version will coexist with the current version of ERC-20. Since the April 20 halving, the community has been expecting BTC and cryptocurrency prices to rise. Being a BRC-20 token will eventually increase the prices of 99 BTC, especially after the DEX launch.

Buy 99BTC here

EXPLORE: Ethereum Co-Founder Vitalik Buterin Strikes Back Against SEC: Is ETH’s Future Risky?

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.

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