Pepe up over 20%, PlayDoge nears $6M

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Pepe jumps 20% and PlayDoge nears $6 million raised, sparking buzz among meme coin investors.

The memecoin conundrum is back in full swing, and Pepe is one of the biggest winners, up more than 20% today.

Meanwhile, newcomer PlayDoge is also making waves as its total fundraising nears $6 million.

Let’s take a look at the top meme coin winners right now.

Pepe Price Soars as Ethereum ETF Launch Date Confirmed

Pepe hit a new all-time high (ATH) after Ethereum spot ETFs were approved in June, and its price is surging again following the reveal of a new launch date.

This was largely due to a dramatic market recovery, with Bitcoin leading the way with a 10% surge this week.

The total cryptocurrency market cap is currently at a premium of 1.9%, but the memecoin circuit is up 11%. However, Pepe has nearly doubled with a 22% gain. This is due to its junction as a “beta play” on Ethereum.

ETF analyst Eric Balchunas announced Monday that Ethereum ETFs will launch on July 23.

The news caused Ethereum’s rise to outpace Bitcoin’s, but Pepe benefited the most.

Currently, Pepe is trading at $0.00001172, up 22% today, 26% this week, and down 0.9% this month.

The cryptocurrency has a market cap of $4.9 billion and a 24-hour trading volume of $1.8 billion, up 121% today. Looking ahead, analysts are hoping for further growth for the frog-themed cryptocurrency.

Popular Pepe community member Plazma anticipates a new ATH in the coming weeks. He notes that Pepe has broken a symmetrical triangle chart formation and “crushed” his 50-day moving average.

The analyst predicts that Pepe will now rise towards $0.0000175.

At the same time, PaikCapital highlighted that Pepe has formed a concrete support and hinted that a continuation of the uptrend is on the horizon.

The analyst also displays technical indicators that show Pepe is oversold, reinforcing the potential for a resumption of his uptrend.

But Pepe isn’t the only one making waves today. Play-to-Earn (P2E) memecoin PlayDoge is turning heads in its presale, as it surpasses the $6 million mark in funds raised.

Top Analyst Thinks PlayDoge Is The Next 100x Memecoin

It’s not every day that you get a memecoin with its own P2E game on the Apple App Store and Google Play Store. And what’s even rarer is being able to invest in that project from the get-go. But that’s what you get with PlayDoge.

And the game isn’t a cookie-cutter game. It’s a captivating reboot of the iconic 1990s Tamagotchi game that sold over 82 million copies. But here’s the catch: PlayDoge is upping the ante with P2E rewards and wagers.

The concept has sparked excitement among traders who invested $5.7 million in the pre-sale. Analysts are also excited. For example, YouTube channel Cryptonews predicts that PLAY could grow 100x and claims it could “make you a millionaire.”

Aside from its new hybrid P2E-memecoin use case, the analyst pointed to PlayDoge’s early success as a reason why it could explode. “This project is exploding. It’s going crazy. It’s going ballistic,” he said.

The current pre-sale price of PlayDoge is $0.00519, but it will increase throughout the campaign. The next increase is expected to happen within a day. Potential buyers are advised to act quickly to maximize their investment.

For more information, visit the PlayDoge pre-sale site.

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