Pepe is enjoying continued success as it rises 17% today, currently trading at $0.00001064.
Meanwhile, multi-chain meme coin Smog is also gathering pace, pumping 44% and claiming a $200 million market cap.
Pepe Soars but Analysts Anticipate More Upside Ahead
Pepe has enjoyed tremendous success recently, pumping 17% today, 55% this week, and 853% this month. However, analysts believe there’s much more gas in the tank and predict spectacular gains to come.
Its current price of $0.00001064 represents its all-time high, with its market cap currently at $4.4 billion.
The most recent uptick came following Elon Musk saying that Tesla may one day accept Dogecoin payments for Tesla vehicles. While it did not directly involve Pepe, the news ignited a meme coin frenzy, with the total market cap rising by 8.29% today, currently at $66 billion.
Looking at Pepe’s price chart, analysts consider the recent uptick as a gateway for further growth, strengthening the recent uptrend.
“This is the early innings of a parabola, no doubt in my mind. I anticipate that this is the beginning of the next leg upward,” said Max Schwartzman, CEO of Because Bitcoin.
Max has been a prominent player in predicting Pepe’s recent growth, speculating it could reach highs of $0.00011 in the coming weeks.
In an earlier tweet, the analyst compares Pepe to Dogecoin, suggesting that Pepe is following a “severely expedited version of what DOGE did in 2020-2021.”
Meanwhile, analyst James Wynn commented on Pepe’s recent ATH, noting that it has “entered price discovery” and speculating that this could be the “run where we flip SHIB.”
Indeed, this is ambitious given Shiba Inu’s market cap is almost 4x higher than Pepe’s. However, the tweet was well-received with 217 likes and 39 retweets, reflecting a considerably bullish sentiment behind the Frog-based cryptocurrency.
Yet, Pepe is not the only meme coin enjoying monumental success. Upcoming
Dragon-themed meme coin Smog is also rising, pumping over 44% today and recently surpassing the $200 million market cap milestone.
Multi-Chain Smog Surges 44% Amid the “Greatest Airdrop of All-Time”
Running the “greatest airdrop of all time,” new crypto Smog has taken an unorthodox approach to meme coin domination.
With 35% of Smog’s total supply to the airdrop, market participants stand ahead of tremendous opportunity should they gain eligibility.
Simply buying and holding Smog is the first step to eligibility, but holders can also complete tasks outlined on the project’s Zealy page to increase their chances of success.
The airdrop’s qualifying tasks are geared toward spreading the word of Smog, bolstering its community growth and price performance.
Furthermore, Smog is available on Solana and Ethereum, exposing it to the two biggest on-chain meme coin markets.
These factors have led to unwavering success, with Smog pumping 44% today and 485% this month.
Currently, it has a $204 million market cap. This places Smog in a unique position, breaking the shackles of the diluted low-cap market while retaining significant upside potential to catch the industry’s top dogs.
As such, there has been no shortage of leading analysts rallying behind the project. One of those is Matthew Perry, who recently speculated to his 210K YouTube subscribers that Smog “might be the king of Solana meme coins.”
Smog is currently offering a 10% discount to investors who buy via the project’s website. However, this offer will end soon, so they must act fast.
Visit Smog Website
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