Following Bitcoin’s impressive breakout above the $100,000 mark, the cryptocurrency market is witnessing an altcoin surge, with meme coins leading the charge. This week, frog-themed meme coins have stolen the spotlight, with their collective market cap soaring to $14.7 billion—a $700 million increase in just 24 hours. This surge follows a series of tweets from Elon Musk featuring Pepe the Frog, which have set the internet ablaze.
Frog-Themed Meme Coins Soar
Although the price of PEPE remains below $0.000025, other frog-inspired coins are experiencing unprecedented gains. Pepe Unchained (PEPU) has skyrocketed by an astounding 136% in the past 24 hours. Meanwhile, Hoppy (HOPPY) and Turbo (TURBO) have seen gains of 37.35% and 45.11%, respectively, after a sluggish performance in the second half of November.
Adding to the excitement, a new token inspired by Pepe, Wall Street Pepe (WEPE), is making waves in its presale, raising over $2.5 million within a day.
Turbo: The AI-Generated Frog Meme Coin
Turbo, the first AI-generated frog meme coin, has reached a new all-time high (ATH), flipping Goatseus Maximus (GOAT) to become the leader in the $4.5 billion AI meme coin sector. Launched in 2023 and generated by GPT-4, Turbo entered the market at $0.0003172. It experienced a significant surge in May alongside Pepe (PEPE), hitting $0.009450 before fluctuating until the recent market boom in November.
Despite a brief decline to $0.007 in late November, Turbo’s recent listing on Coinbase has propelled it to a new ATH. Crypto analyst Crypto Jon predicts Turbo could surpass $0.02, while another analyst, Man of Bitcoin, believes it will continue to rise if it establishes support above $0.01341.
Pepe Unchained’s Explosive Launch
Pepe Unchained (PEPU) has experienced a meteoric rise since its launch on December 10th. After raising over $76 million during its presale, PEPU debuted at $0.008965 and soared to $0.05291, thanks to the recent surge in frog-themed meme coins. Although its price briefly dipped, PEPU has since broken out again, reaching a new ATH of $0.05604—a 525% increase since its launch.
PEPU’s success is further bolstered by its innovative Pepe Unchained Layer 2, which promises two-second transaction times and minimal gas fees. This development could attract meme coin developers and traders looking to stay within the ETH ecosystem while avoiding high costs.
Wall Street Pepe’s Rapid Presale Success
Amid the frenzy, Wall Street Pepe (WEPE) has raised $7.1 million in just nine days since its presale began on December 3rd. Selling for $0.000212 each, WEPE’s price is set to increase soon, following its dynamic pricing model. With no minimum investment required, WEPE appeals to both whales and casual traders, who can purchase the token using BNB, ETH, USDT, or a bank card.
WEPE’s presale success is partly attributed to its feature in Best Wallet’s “Upcoming Tokens” section, exposing it to over 100,000 monthly users. Investors who join the presale also gain access to the project’s upcoming crypto signals group, designed to help smaller traders compete with market whales.
As frog-themed meme coins continue to capture the market’s attention, investors are eagerly watching for the next big opportunity. With Turbo reaching new heights, PEPU’s explosive growth, and WEPE’s rapid presale success, the meme coin sector is hotter than ever, driven by the undeniable influence of social media and celebrity endorsements.
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