Dogecoin Surges 15% Following Twitter Rebrand, Pepe Coin Price Slides, But Evil Pepe Coin Raises $730,000 read full article at worldnews365.me

It’s been another wild ride in the meme coin market this week, with several ups and downs catching investors’ attention.

Dogecoin led the gains, surging 15% amid renewed interest, while the highly-anticipated Evil Pepe Coin presale hit the $730,000 mark.

On a less positive note, $PEPE witnessed an ongoing price decline, leading to rising investor skepticism about the token’s long-term potential.

Dogecoin Price Continues Rebound & Soars 15%

Meme coin legend Dogecoin ($DOGE) saw a double-digit price increase in the past week, surging 15% to hit the $0.077 level.

This continued Dogecoin’s steady uptrend from the lows of mid-June when the token was valued at just $0.058.

The price uptick seems to be driven by renewed interest and hype within the $DOGE community on social media.

For instance, the r/Dogecoin subreddit has been flooded with speculation due to the recent bullish price trend.

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Dogecoin’s price boost puts it back at number seven in CoinMarketCap’s list of the world’s biggest cryptocurrencies, with the coin now boasting a market cap of $10.8 billion.

Moreover, with Dogecoin’s current momentum, some in the crypto community think the coin can continue even higher – potentially hitting the resistance level around $0.083.

With the hype building around $DOGE again, it’s undoubtedly a coin to watch this week.

Evil Pepe Coin Raises $730,000 with Only 8 Days Remaining on Presale

Another meme coin worth watching is the presale sensation Evil Pepe Coin ($EVILPEPE).

$EVILPEPE is one of the most hyped new meme coins on the market and has now raised a whopping $730,000 in its ongoing presale phase.

Although the presale was only launched a week ago, it has already attracted tremendous interest, with traders from around the world eager to participate.

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However, with only eight days remaining in Evil Pepe Coin’s presale, prospective investors must move quickly to purchase $EVILPEPE tokens at the discounted price of $0.000333.

This low entry point could prove fruitful, given that $EVILPEPE benefits from its indirect association with the original $PEPE coin, which kickstarted the meme coin frenzy in April.

Moreover, the success of recent “2.0 coins”, essentially copycats of other high-profile tokens, has added credibility to Evil Pepe Coin’s strategy.

With the presale nearing its end, investors have one final chance to get on board this high-potential meme coin on the ground floor.

$PEPE’s Bearish Momentum Shows No Signs of Stopping

While Evil Pepe Coin is showing bullish momentum, the original Pepe ($PEPE) is continuing its bearish trend, with price down 17% over the past week.

$PEPE is now trading around the $0.0000013 level – the same as in mid-June.

Most of the gains made throughout the last week of June and early July have now been erased, leaving $PEPE holders discouraged.

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This extended slump suggests the hype and momentum around $PEPE may be drying up.

The meme coin shot up by over 10,000% when it hit the market in April but has struggled to maintain its value since then.

One of the main issues plaguing $PEPE is its lack of long-term utility, presenting a challenge for crypto investors to justify holding it.

However, with CoinGecko data showing that the 24-hour $PEPE trading volume exceeded $109 million, there may still be some interest in the coin – offering a silver lining to bulls.

Trending Token Wall Street Memes Enters Final Stages of Presale with $17.5m Raised

Wall Street Memes ($WSM) has been one of the breakout stars in the meme coin space this year, with the project’s presale having raised an incredible $17.5 million – and counting.

As its name implies, Wall Street Memes draws inspiration from the WallStreetBets subreddit, which changed meme culture forever.

However, Wall Street Memes has its own online community of 1.1 million “degens” spread across platforms like Twitter and Instagram.

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The power that this community wields is evidenced by Wall Street Memes’ huge presale raise, with $WSM now gearing up for exchange listings in the coming weeks.

This early momentum hints that Wall Street Memes could have enormous price potential once it makes its open market debut.

With the presale now in Stage 25 out of 30, prospective investors only have a narrow window to buy $WSM at the price of $0.0322.

AI-X Coin Sees Huge Spike in Trading Volume

Lastly, the newly-launched meme coin AI-X ($X) is a trending project capitalizing on the excitement around artificial intelligence and Elon Musk.

This ERC-20 token brands itself as “Musk’s favorite” and aims to fund advancements in AI technology.

Boasting no transaction fees and a burned liquidity pool, $X offers deflationary tokenomics designed to help foster sustained price growth.

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Adding to the token’s hype is that Elon Musk has just decided to rebrand Twitter as “X” – getting rid of the platform’s iconic blue logo.

Unsurprisingly, this has boosted the momentum around the AI-X token, given that it has the ticker symbol $X.

With price up 1,400% over the past day, the AI-X community is capitalizing on this stroke of fortune, making it a token worth watching closely in the coming days.

Disclaimer: The above article is sponsored content, and it’s written by a third-party, and is intended for promotional purposes only. It does not represent the opinions or the views of CryptoPotato, and nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

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