The correction on the crypto market appears to be over. After the FOMC meeting on Wednesday and the potential shutdown in the USA led to a slide in the price of Bitcoin and many altcoins, the picture is brighter again today. The shutdown in the USA was averted, the Bitcoin price is rising again and with it many altcoins. Meme coins are once again convincing and leave the rest of the market behind. $BONK and $PEPE in particular are currently causing a stir. Will $PEPE set another all-time high?
$PEPE explodes 26%
Anyone who relies on meme coins needs nerves of steel, but can also achieve significantly higher profits than with Bitcoin, Ethereum or Solana. This is evident again today. If you look at the top gainers of the last 24 hours, you will find $BONK and $PEPE at the top again. The $PEPE price is up over 26% in the last 24 hours alone.
($PEPE price development in the last 24 hours – Source: Coinmarketcap)
This means that $PEPE has achieved an impressive performance from yesterday to today, but the frog coin is still trading in the red for the week. Investors who bought $PEPE a week ago today have lost 22%. From the all-time high, which was reached on December 9th, the price has fallen by 33%.
However, today shows that for a meme coin like $PEPE it can only be a matter of one or two days until a new all-time high is reached again. Although $PEPE was valued at over $11 billion at its peak, it could still go much higher. After all, Dogecoin ($DOGE) has already reached a valuation of over $70 billion in 2021 and significantly more seems to be possible in this bull run than back then.
Nevertheless, the profit potential of $PEPE is of course limited somewhere. Even if the coin were to overtake $DOGE, that would mean a 10-fold increase in the best case scenario, while smaller meme coins with lower market capitalization carry a higher risk, but quickly 20, 50-fold or can increase more. Analysts also expect a price explosion for the new flock ore ($FLOCK).
Find out more about flake ore now.
Can Flockerz perform better than Pepe?
Probably no meme coin will earn a higher return as quickly as $PEPE has in the last year and a half since launch. Anyone who bought $PEPE shortly after launch and held it until today could become a multimillionaire with just a few dollars. Now such a price explosion is no longer possible because Pepe is already one of the largest coins on the market, which is why many meme coins can achieve better performance than $PEPE, at least in the next year. At Flockerz everything currently points to a massive increase.
($FLOCK Token Presale – Source: Flockerz website)
The $FLOCK tokens are currently being offered for pre-sale and since it is the first meme coin that allows the community to have a say on all important issues right from the start, demand is extremely high. Every $FLOCK owner can vote on important issues using a Vote 2 Earn system and even receive additional tokens as a reward.
$FLOCK worth almost $7.5 million was sold during the presales, which is why analysts expect a price explosion after the launch. The token price is increased several times during the pre-sale, so that early buyers can take their first book profit. A staking function is also integrated, which pays out an above-average return in the first 2 years.
Get in now and buy $FLOCK in the presale.
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