Meme coins are once again heating up on leading DEXs like Uniswap, and today’s market has already witnessed impressive pumps for feel good projects such as $HOPPY, $WOLF, and $POP.
After a strong year for the meme coin vertical, straight to DEX token launches have enjoyed something of a renaissance as of late, and leading DeFi trading app DEXtools provides insights into the best performing assets in the market today.
Frog-Themed $HOPPY Leaps +250%
Leading the pack with an impressive+ 250% pump throughout the morning is $HOPPY.
Launched on July 15, this frog-themed coin has seen a tsunami of volume with $5m flooding in from 3.2k holders.
Currently ranked as the #2 hottest coin on DEXtools, $HOPPY surged from a starting price of just $0.081 to an impressive $0.0735 in a matter of less than 24 hours.
But some are now fearing that despite a market cap of $3m the best could be over, as a significant retracement move (-80%) has seen technical structure shatter.
The downside move has left loyal token holders in the dust at $0.086882 – a reminder of the dangers of DEX pump trading.
$WOLF Token: 1.6k Holders Howling After Bleed-Out
In another stunning example of the highs and lows of DEX trading, $WOLF token saw a similarly choppy run that has left over a thousand holders out of pocket.
The $WOLF token was minted and launched on July 13 at $0.00005, and saw an explosive opening day, undertaking a +4,600% pump straight out of the gate to hit $0.01.
Over a choppy week since, $WOLF has taken an astronomical run, blasting +27,600% to an all time high at $0.01825.
However, it seems things could be over for this one-week sensation, following a cascading bleed-out triggered by collapsing price action on July 16.
This has left 1.6k holders enduring a tumultuous -86% bleed-out over the past 48 hours, leaving many to wonder whether $WOLF is well and truly finished.
$POP Recovery Rally Remains Steadfast
One straight to DEX token seemingly breaking this pattern is $POP (Proof of Pepe), a Pepecoin spin-off, this unlikely ERC-20 token is enjoying the afterglow of a surprise $PEPE recovery rally – and things are looking up as 24 hour volumes surge towards $500k.
$POP launched on July 9, and an initial +10,000% moon-shot appeared to end quickly in a typical pump-and-dump fashion with a -90% outflow.
Yet steadfast holding from a legion of 1.34k $POP fans held true, and 6 days later $POP posted a second run to an impressive all-time high at $0.003555.
This bought early investors paper gains to a jaw-dropping +108,000% – positioning it as one of the best token trades of July.
Despite the dramatic upside, a second retracement saw $POP fall -70% from this ATH, but price action today appears to be seeing a recovery (+64%) driven by the price movements in the original $PEPE coin – leading some to believe all is not over quite yet.
$EVILPEPE Gains Insane Traction Ahead of DEX Launch
Finally, in a market flush with meme coins, Evil Pepe Coin ($EVILPEPE) stands out not as a mere imitator but an innovator with exponential growth potential.
The audacious cousin of 2023’s best-performing meme coin, Pepe Coin, $EVILPEPE is set to ride the wave of its predecessor’s success with a twist of its own.
The initial valuation of this promising token is at a measly $2 million, presenting a ground-floor opportunity for potential investors.
With proven teams behind it that brought us Thug Life Token ($THUG) and SpongeBob ($SPONGE), $EVILPEPE is expected to replicate or even surpass the success of these meme coins which saw gains of up to 100x.
But $EVILPEPE’s prospects do not rest solely on its team’s pedigree – its marketing approach, leveraging influencer partnerships and strategic promotion across social media and crypto news outlets, ensures wide visibility, an essential ingredient for growth in this space.
The success of $THUG and $SPONGE attest to the efficacy of this strategy.
Superior Tokenomics of $EVILPEPE
Moreover, $EVILPEPE’s commitment to community reflects in its initial token offering.
With 90% of its supply up for grabs during the presale and a one-month lock on 10% for DEX liquidity, the coin reassures investors about stability and fairness.
It sidesteps pump-and-dump pitfalls and instils confidence in its serious commitment to long-term value generation.
The $EVILPEPE team has an ambitious market cap goal of $100 million, a near 50x from its initial valuation.
This, coupled with the team’s dedication to pushing boundaries in the meme coin space, underlines the immense growth potential of this new entrant.
Buy EVILPEPE Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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