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  • Writer's pictureConnie Chan

Can these coins reach $0.01 by 2023?

Can these coins reach $0.01 by 2023?
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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Disclaimer: This is a paid release that was not written by Crypto Online News. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Crypto Online News. Crypto Online News does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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