Can these coins reach $0.01 by 2023?
Pepe (PEPE) Soar On Bullish Whale Activity
Pepe (PEPE) is a cryptocurrency that takes inspiration from the internet meme Pepe the Frog. After its launch on April 16th, it experienced a remarkable rally, achieving a 7000% price increase within just 17 days. However, its value sharply declined to $0.000001153 on May 12th, 2023, and has been on a downward trend since then. As per CoinMarketCap, Pepe is currently bullish and trading at $0.00000143, which is an increase of 12% in the last 24 hours. This upswing is attributed to significant whale activity.
According to Lookonchain, a blockchain analytics firm, two whales bought over 1.56 trillion tokens, which is equivalent to 1,100 ETH ($2.06 million). Although Pepe's price has dropped, it still maintains a robust market cap of over $500 million. However, since it is a meme coin with no use case, Pepe is unlikely to reach $0.01. In fact, it would have to increase by more than 600,000 times to reach this value.
Floki Inu (FLOKI) Drops 8% On The Weekly Chart. Can these coins reach $0.01 by 2023?
Floki Inu (FLOKI) was originally created as a meme-coin inspired by Elon Musk's dog. However, it has now developed into a comprehensive web3 project that includes DeFi, NFTs, and the Metaverse. The Floki token has gained popularity as "The People's Crypto." Can these coins reach $0.01 by 2023?
Currently, Floki Inu is experiencing a bearish trend on the weekly timeframe and is trading at $0.00002243, which is an 8.01% decline in the past 7 days. It is also 93.46% away from its all-time high of $0.0003437. Furthermore, Floki Inu's trading volume has decreased significantly, dropping by about 24.10% in the last 24 hours, indicating low market activity and investor support.
Looking ahead, the chances of Floki Inu reaching $0.01 in 2023 seem bleak.
Analysts: Pomerdoge (POMD) To Skyrocket 4,000%
Pomerdoge is a cryptocurrency with a promising utility that is expected to increase its value in 2023. Despite its current price of $0.007, analysts are optimistic about the project and forecast a potential 4,000% ROI for investors.
The project aims to tap into the growing blockchain gaming market as a P2E cryptocurrency game. According to MarketsandMarkets, this market is expected to reach $65.7 billion by 2027.
Pomerdoge's goal is to create a global community of gamers by providing an engaging and competitive gaming experience. The project has been audited by SolidProof and Cyberscope to ensure user security. The Pomerdoge token ($POMD) is at the heart of the ecosystem and is used as in-game currency to unlock various benefits, including NFTs, rewards, and exclusive items from the Pomerdoge marketplace.
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