With Bitcoin surpassing the US$34,000 mark, cryptocurrencies known as ‘Meme Coins’ are also showing significant gains. Among them, three stand out:
- The Pepe cryptocurrency, also known as PEPE20, experienced a notable increase of more than 60% in its price. At the end of the day, the price of Pepe 2.0 (PEPE20) stabilized at US$ 0.000000026877, a value that may, naturally, vary in the coming hours.
- Pangolin (PNG): Recently traded near $0.023354, Pangolin saw a significant increase of 42.05% in the same period.
- The BOB cryptocurrency was also not far behind, trading close to the $0.000008 mark, and recorded an increase of 40.86%.
Meme Coins: Understanding Ascension
Meme Coins are cryptocurrencies that often start as a joke or reference to an internet meme, but can gain real value and popularity. Although many of them do not have a practical use case or a robust project behind them.
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.