Pepe Coin Drops Out Of Top 100 Tokens, New Crypto Meme Kombat Nears $600,000 Milestone.

Pepe is one of the worst affected by the ongoing crypto crash. The meme coin is down to its last legs as it slips down the top 100 crypto chart, after going through a 10% crash over the last seven days.

Can Pepe come back?

An analysis of the Pepe price action since it hit an all-time high in May makes it evident that Pepe is on a downward trajectory. The token, now past its prime, is not a good long-term meme coin investment like Dogecoin or Shiba Inu. Its position on the ‘Top 3 meme coins’ chart is also likely to end soon, with new competitors like Meme Kombat entering the scene.

A shift toward Meme Kombat is obvious

With Pepe’s downfall, a significant shift towards Meme Kombat ($MK) is becoming obvious in the meme coin market. The play-to-earn token has managed to awaken the meme coin community in a short time.

Although the popularity of Pepe is on a decline, investors are not ready to give up on meme coins. It is one of the best-performing niches this year with its volatile price actions that can climb 4000% to 7000% in a matter of days.

Meme Kombat, now in the presale stage, is predicted to ignite a similar price action on its release. The presale is on its way to the $600,000 milestone at the time of writing.

What is fueling the buzz?

Meme Kombat has paid attention to setting itself apart in the meme coin market, which is now filled with hollow tokens. They have little to support their value, apart from speculative communities. That explains Pepe’s miserable performance over the last few weeks.

#PepeCoinRise #pepecoin #MemeKombat #MemeKombatRise #tokenfi

$PEPE $MEME $SHIB