Trending on DEXTools: Next Pepe Contenders $HOPPY, $WOLF, $POP. Is $EVILPEPE the next low cap crypto?

Trending on DEXTools: Next Pepe Contenders $HOPPY, $WOLF, $POP. Is $EVILPEPE the next low cap crypto?

The Meme Coin Phenomenon: Exploring the Blockchain Industry’s Wild Ride

Pixabay / Qimino

Meme coins have once again taken the blockchain industry by storm, with leading decentralized exchanges (DEXs) like Uniswap witnessing impressive pumps for feel-good projects such as $HOPPY, $WOLF, and $POP. This resurgence in the meme coin vertical is indicative of the industry’s continuous evolution and its ability to captivate investors with its unique characteristics.

Frog-Themed $HOPPY Leaps +250%

DEXtools / Hoppy USD

Leading the pack with an impressive 250% pump throughout the morning is $HOPPY. This frog-themed coin, launched on July 15, has garnered significant attention, attracting $5 million in volume from 3.2 thousand holders. Currently ranked as the second hottest coin on DEXtools, $HOPPY surged from a starting price of just $0.081 to an impressive $0.0735 in less than 24 hours. However, a recent retracement move (-80%) has raised concerns about the coin’s future, as its technical structure has been compromised. This serves as a reminder of the potential risks associated with DEX pump trading.

$WOLF Token: 1.6k Holders Howling After Bleed-Out

DEXtools / WOLF USD

$WOLF token provides another example of the highs and lows of DEX trading. Launched on July 13 at $0.00005, it experienced an explosive opening day, soaring +4,600% to hit $0.01. Over the course of a choppy week, $WOLF reached an all-time high of $0.01825, an astronomical +27,600% gain. However, a cascading bleed-out triggered by collapsing price action on July 16 led to an -86% decline over the past 48 hours, leaving 1.6 thousand holders questioning the future prospects of $WOLF.

$POP Recovery Rally Remains Steadfast

DEXtools / POP USD

In a seemingly contrasting pattern, $POP (Proof of Pepe), a Pepecoin spin-off, has broken the typical pump-and-dump cycle. Despite an initial +10,000% moon-shot followed by a -90% outflow, steadfast holding from a loyal community of 1.34 thousand $POP fans led to a second run, reaching an impressive all-time high of $0.003555. This extraordinary +108,000% gain positioned $POP as one of the best token trades of July. Although it experienced a retracement (-70%) from its ATH, the recent recovery (+64%) driven by the price movements in the original $PEPE coin suggests that the journey may not be over quite yet.

$EVILPEPE Gains Insane Traction Ahead of DEX Launch

Source / EVILPEPE

Amidst the abundance of meme coins, $EVILPEPE, the audacious cousin of the best-performing meme coin of 2023, stands out as an innovator with exponential growth potential. With a promising initial valuation of just $2 million, EVILPEPEpresentsaground − flooropportunityforpotentialinvestors.BackedbyproventeamsresponsibleforsuccessfulmemecoinslikeThugLifeToken(THUG) and SpongeBob ($SPONGE), $EVILPEPE is expected to replicate or even surpass their achievements, which saw gains of up to 100x. Leveraging influencer partnerships and strategic promotion across social media and crypto news outlets, $EVILPEPE ensures wide visibility, a crucial factor for growth in this space.

Superior Tokenomics of $EVILPEPE

Source / EvilPepe

$EVILPEPE’s commitment to community engagement is reflected in its initial token offering. With 90% of its supply available during the presale and a one-month lock on 10% for DEX liquidity, the coin provides reassurance regarding stability and fairness. By avoiding pump-and-dump pitfalls, $EVILPEPE instills confidence in its long-term value generation. The team behind $EVILPEPE aspires to achieve a market cap of $100 million, a near 50x increase from its initial valuation. This, combined with the team’s dedication to pushing boundaries in the meme coin space, underscores 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.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Finance

Justin Sun unstakes 20,000 ETH from Lido Finance. What's happening?

Justin Sun, the co-founder of Tron, has successfully transferred 20,000 Ethereum (ETH) from Lido Finance to Binance u...

Market

Kelp DAO Introduces KEP Token, Making Ethereum Restaking More Liquid

Kelp DAO's latest development, the KEP token, is set to enhance liquidity for EigenLayer Points, providing valuable o...

Market

Ether.Fi will launch the ETHFI token on Binance Launchpool next week.

Liquid restaking protocols, such as Ether.Fi, utilize Ethereum's proof-of-stake blockchain to enhance the security of...

BlockChain

Justin Sun's Huobi-linked exchange, WhiteBIT, raises concerns over its lending platform.

WhiteBIT, an exchange associated with Justin Sun, has recently gained attention for offering an impressive Annual Per...

Opinion

EigenLayer's Sreeram Kannan on Ethereum's risky 'restaking' trend

In an exciting interview, Sreeram Kannan, the visionary founder of EigenLayer and a trailblazer in the field of resta...

Bitcoin

Humorous and Professional Announcement from HTX Exchange

HTX, a popular digital asset exchange, has announced the resumption of deposit and withdrawal services for top crypto...