Neiro Dog Coin surges 41% but analysts are anticipating the next big meme coin Pepe Unchained as a Layer-2 blockchain-based, DeFi (decentralised finance) coin.
Neiro Dog Coin (NEIRO) has once again made the meme coin stage. As of this week, NEIRO is up 41% surpassing most other meme coins and attracting traders ready for the next wave bull. NEIRO’s uptrend has come from increasing volume and popular social media activity (especially crypto Twitter).
Although NEIRO’s 2% upside in the last 24 hours doesn’t seem too impressive at face value, the larger picture speaks volumes. On Monday, the coin has grown massively, making it move up the meme coin list. NEIRO’s market cap is up and with bullish momentum still building, analysts are bullish for the future.
SPX6900 (SPX) also has also seen great performance, rising 119% this week with a small dip today. Yesterday the token had generated $80 million in spot trading volume, ranking among the top coins on CoinMarketCap. Stock traders flock to SPX with expectation for additional upside coming as the markets get warmer.
Not just NEIRO or SPX, but Mog Coin (MOG) has also seen bullish activity as well and has increased its value by 9% over the last 24 hours. MOG’s market cap now has more than $800 million, continuing the gains of the previous week.
While the wider crypto space is regenerating, meme coins such as NEIRO and MOG are riding on renewed investor demand.
Both Bitcoin and Ethereum have gained 2%, and Solana is up 4%. These gains, in conjunction with a bullish move in the Crypto Fear & Greed Index to 48 (Neutral), reflect traders’ returning risk appetite. The same momentum is still there for NEIRO and the other pairs to see additional gains in the next few days.
Despite NEIRO’s breakout performance, some observers have already begun eyeing the next meme coin in line for a breakout rally: Pepe Unchained (PEPU).
Pepe Unchained: The Next Large Meme Coin?
In line with Neiro Dog Coin’s current meme coin craze, the newest player in the meme coin wars is PEPU. Thanks to its Layer-2 blockchain and DeFi ecosystem, PEPU is already attracting the interest of investors seeking the next wave in meme coins.
Pepe Unchained has already gathered $19.6M in the presale to offer its token at $0.00999. Traders are anxious to get in before the price goes up again and rightly so: the project’s Layer-2 system Pepe Chain delivers Ethereum-level security without having to deal with the transaction fees and low speeds that plague Layer-1 chains.
Pepe Chain is a blockchain that allows the trade of meme coins such as Dogecoin (DOGE), PEPE and Shiba Inu (SHIB) without Ethereum’s known drawbacks. With lightning speeds and radically reduced fees, Pepe Unchained is setting itself apart from other meme coin traders.
PLACE YOUR MONEY IN PEPE UNCHAINED TODAY BEFORE PRICE INCREASE
Pepe Chain: Updating the Marketplace of Meme Coins
Among other things, what keeps people excited about Pepe Unchained is the layer-2 blockchain, which makes it simple to trade popular meme coins without having to pay a fortune. Using Pepe Chain, users can convert meme coins like DOGE and PEPE without paying high gas fees or tumultuous transaction times.
Experts at the 99Bitcoins YouTube channel speculated that PEPU would likely have a 10-fold price rise once it goes public on decentralised exchanges (DEXs), a further boost to the project’s hype machine.
Alongside their Layer-2 network, Pepe Unchained also has an evolving DeFi ecosystem. There’s a DEX, a block-explorer and more sophisticated analytics all designed to give users more power and visibility on their business.
Pepe Unchained is also using developer grants to encourage top-tier builders to become part of the platform in order to grow its ecosystem and become a player in the meme coin market. Infrastructure is also under testing – the DEX and block explorer both performed well on the testnet.
Market Capture and Investor Confidence: Great Potential for Growth
This immense presale success for Pepe Unchained speaks volumes of the strong market demand for the project and as the overall crypto market approaches an eventual bull run, meme coins such as PEPU should enjoy the support of more retail investors.
Meme coins have always provided strong returns during bulls and Pepe Unchained is perfectly placed to make the most of this scenario. The innovative functionality of the project and strong community support have analysts projecting returns of 50x, 100x or 1,000x.
Pepe Unchained also boasts strong security, which also gives me a good deal of confidence. The project has been certified twice by independent auditors (Coinsult and SolidProof) who didn’t find any problems with the code. This transparency and safety is not common among early-stage meme coin projects, allowing for investors to rest assured when buying into the presale.
PURCHASE PEPU NOW AND JOIN THE RALLY
A huge measure of how successful a meme coin can be is its community strength and Pepe Unchained already has a highly supportive community. The project’s social media platforms X (previously Twitter) and Telegram, received high interest from both retail investors and crypto enthusiasts.
The importance of a robust community in driving a token’s price after its launch is important because it drives momentum and hype. The bigger the Pepe Unchained community gets, the higher the chances of an after launch price bump. Traders are waiting for PEPU to rally like NEIRO and SPX.
As there’s still just a little bit of time left before the next presale price bump, investors are racing to place orders before the token goes live on DEXs. With massive funding raised and solid community support, analysts think Pepe Unchained will be an established meme coin player.
The post Neiro Dog Coin is up 41% in a Single Week: Too Late to Invest? Analysts Say Pepe Unchained Could Be Next appeared first on Coinfomania.
