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Investing doesn’t always have to be a serious business. Meme coins have emerged as a fascinating, fun, but often unpredictable segment, with many of them surpassing regular altcoins and making their mark in the general cryptocurrency space.
Among such exceptional meme tokens are PEPE and Dogwifhat (WIF), which have garnered significant attention and popularity.
However, a new contender has entered the scene, challenging the status quo – Milei Moneda ($MEDA).
Could this newcomer surpass its predecessors? Let’s delve deeper into the world of meme coins and explore the potential of Milei Moneda!
From memes to millions: Dogwifhat’s outstanding success
Since its launch in late November 2023, Dogwifhat has been on a trajectory toward market dominance.
This Solana meme coin witnessed an astounding 9,900% price surge in less than a week, soaring to a market capitalization exceeding $100 million.
By March, WIF’s market cap had surged to $3.3 billion, marking a 72% price increase following its listing on Binance. That pushed the token to its current ATH, transforming early investors into millionaires.
The hat stays on, on #Binance$WIF will be live for trading at 14:00 UTC.
🐕 🧢— Binance (@binance) March 5, 2024
Moreover, Dogwifhat has now eclipsed FLOKI, firmly establishing itself as the third-largest meme coin, trailing behind Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE.
PEPE’s strategic ascent in the meme coin realm
PEPE is currently the third-largest meme coin in 2024, with a market cap of $3.43 billion.
Since its release in December 2022, the asset seems to be strategically positioning itself as one of the top crypto coins in the industry.
It’s no surprise to see the price of PEPE record an over 600% increase in its year-to-date charts.
Although PepeCoin faced declines the rest of 2023, it capitalized on this year’s bull run and meme coin mania to stage a significant recovery.
This month, it achieved its highest price point yet, with an impressive price surge of 650% in just two weeks.
PEPE Monthly Price Chart on Coinmarketcap
The current market sentiment surrounding PEPE is still bullish, and many crypto analysts anticipate a further rise in its value.
According to their projections, the price of PepeCoin is expected to pump by over 25% in the coming weeks.
The rise of Milei Moneda and its quest for crypto stardom
While PEPE and Dogwifhat have solidified their positions, Milei Moneda represents a new frontier in the meme coin universe by transcending the typical offerings of themed coins, providing tangible use cases and proving itself as more than just a whimsical project.
Milei Moneda doesn’t stop there; it leverages its unique branding and strategic approach to attract additional investors who are flocking to its presale by the hour.
Still in Stage 1 of the presale and priced at $0.010, $MEDA aims to hit a price of $0.020 before its Uniswap launch in May, promising a 100% increase in investors’ portfolios.
Only time will tell if Milei Moneda can rise to the occasion and carve out its legacy in the ever-expanding world of cryptocurrency, but market experts are positive it has all it takes to do so.
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The post Could Milei Moneda ($MEDA) be the next hot meme coin, Surpassing Pepe (PEPE) & Dogwifhat (WIF)? appeared first on Invezz
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