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Bonk, Pepe and Dogeverse Price Predictions: How Do They Compete?
Meme coins have been the talk of the cryptocurrency market over the past couple of weeks.
Right now, three trending tokens – Bonk, Pepe and Dogeverse – are fighting for position.
But which of these tokens has the greatest growth potential in the second half of 2024?
BONK breaks free, but is the rally sustainable?
Let’s start by looking Bon (Bonk).
After consolidating in a tight range for a few weeks, BONK finally broke free on Monday morning.
The bullish surge has pushed it to the current price of $0.0000367, a level not seen since mid-March.
And that surge wasn’t a fluke either.
BONK is now classified as the fourth most traded meme coinwith over $823 million in spot volume since yesterday.
The key question is whether this rally will have legs.
On the one hand, BONK is rapidly approaching a massive resistance ceiling that has been stuck for over two months.
According to crypto analyst Panzuki.ethif BONK were to break above that level and then break above $0.043, it would be in price discovery mode.
An upside target in this scenario would likely be $0.050, given its psychological importance.
But on the other hand, the exhaustion resulting from such a vertical movement could also come into play.
Any break below the $0.000028 level, which previously served as the upper limit of the consolidation range, would invalidate the bullish case.
PEPE hits new all-time high and surpasses Dogecoin trading volume
Even more impressive than BONK’s rally is that of Pepper (PEPPER) currency.
The coin has been on a real tear, hitting a new all-time high of $0.0000146 just before writing.
PEPE had surpassed its previous all-time high on Tuesday and the momentum has continued over the past 48 hours.
And amid the buying frenzy, PEPE has snatched the crown as the most traded meme coin on the planet with over $3 billion worth of tokens changing hands since yesterday.
This is almost double the volume of second-place Dogecoin (DOGE).
Also, PEPE is now the seventh most traded cryptocurrency overalllaunching giants like Binance Coin (BNB).
The narrative circulating is that PEPE’s rally is fueled by speculative mania around potential “Ethereum beta” plays.
If the long-awaited spot ETH ETF is finally announced, tokens like PEPE, which use the ERC-20 standard, could be the first beneficiaries.
So, is this bullish attitude sustainable or just another flash in the pan for PEPE?
Cryptocurrency trader Munoz he believes it is the former, predicting that PEPE could push to “155 levels” – which would be around $0.0000155.
However, if the size of the previous bullish impulse is replicated, PEPE could rise even higher to $0.000020.
Could the new Dogeverse meme coin explode?
For those looking for a meme coin in the early stage of its life cycle, Dogeverso (DOGEVERSE) It might be worth a look.
This project has already raised over $15 million in investment as it prepares for its upcoming DEX listing.
For those who have not invested yet, the pre-sale window is closing, meaning there is only a short time left to purchase DOGEVERSE tokens for $0.00031.
At the end of the pre-sale, DOGEVERSE will be listed on the open market.
But what sparked so much interest in Dogeverse and its crowdfunding phase?
For one thing, Dogeverse is the first truly multi-chain meme coin deployable on Ethereum, BNB Chain, Polygon, and more.
That flexibility and interoperability are big coups in today’s cryptocurrency market.
Dogeverse also has a suite of other features, such as a betting protocol and a limited token supply of 200 billion.
10% of these tokens have been set aside to provide liquidity to the DEX, while 25% will be used to fund marketing campaigns.
Speaking of marketing, The Dogeverse Twitter page has already amassed over 21,000 followers – an impressive figure for a pre-sale project.
So, how high could the price of DOGEVERSE go once listed on the stock exchange?
If presale demand translates into post-listing demand, DOGEVERSE’s current presale price of $0.00031 is likely to rise rapidly.
Analyst Jacob Bury believes this to be the case, predicting that the value of the token could be “100x”.
This would cost DOGEVERSE at $0.031 and give it a theoretical market cap of $6.2 billion.
A more conservative target is $0.0031, which represents a 10x increase from pre-sale value, which would see the token’s market capitalization reach $622 million.
YouTubers Myles G Investments believes this is a plausible scenario, even describing it as the “best meme coin to buy now” in a recent video.
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