Before the bull market comes, if you bought 100 million Doge and 1 billion Pepe respectively, you might be surprised by the market performance of these two projects. As an early "meme coin", Doge has accumulated huge community support and wide recognition in the market; while Pepe is a representative of recent popularity, attracting many fans with its unique culture and innovation. The investment strategies and potential returns of the two have their own advantages. Next, we will analyze in depth the performance of these two options in the bull market and how to make smarter investment decisions based on market trends.
Doge: The charm of the old meme coin
Since its launch in 2013, Doge has quickly risen with its humorous dog image and strong community culture. As a "meme coin", Doge has not only attracted a large number of investors, but also become a hot topic on social media. The value behind it is not only reflected in the price, but also in the wide recognition and community support. When the bull market comes, Doge is often able to attract a large number of new investors and drive up the price.
DOGE belongs to the POW sector and can only be obtained through mining. Another reason behind the surge is that the world's richest man Musk called orders on the X platform, which led to a wave of explosions in the meme sector.
After the doge explosion, meme coins often appeared with a hundred or ten thousand times increase in value, but without market insight, it would be impossible for the leeks to buy them.
Doge has seen a surge in the last round and has been in a silent state. Currently, 0.1 people will open a position at this position.
Pow is an important part of blockchain, which is why I opened a position
PoW is a consensus mechanism. The more you pay, the more rewards you get. Common Bitcoin (BTC) and Ethereum (ETHD) both use PoW. Generally speaking, miners can mine through various devices such as CPU, GPU or ASIC, and strive for the right to generate blocks through great computing power. It is also the earliest consensus mechanism in the blockchain.
This is enough to illustrate the importance of POW in blockchain (it is not difficult to see from BTC)
The current market value of doge is 17.8 billion, and the full circulation market value is low compared to BTC, so I chose to enter the market at 0.1. Compared with other pow sectors, the growth space is higher than other pow sectors.
Pepe: The rise of a new force
Compared with Doge, Pepe, as an emerging "meme coin", has rapidly gained market attention in recent years. Based on the Pepe emoticon in popular culture, Pepe has not only attracted many young investors, but also achieved rapid growth through innovative market strategies.
Inspired by the iconic character Pepe the Frog, PEPE quickly gained traction among investors of all kinds. The Ethereum-based meme coin quickly became the third largest coin in the space, with a market cap of approximately $3.3 billion.
Despite some early success, PEPE has faced some challenges and its price has come under considerable downward pressure. Although market sentiment remains cautious due to waning retail investor interest, optimism for its rebound remains.
Memecoins are extremely volatile, with their value driven primarily by market sentiment and speculation. This volatility can cause prices to rise quickly, but they can also fall just as quickly if the community loses interest or external factors (such as celebrity endorsements or online trends) change.
Many memecoins were established as short-term investments, with little regard for long-term sustainability or growth potential. This makes them particularly risky for investors looking to keep their investments for the long term.
The value of memecoins is highly dependent on network trends, which can be short-lived. Therefore, it is difficult to predict their long-term stability.
Memecoins generally lack the same level of regulation as other cryptocurrencies, making them more susceptible to fraud and scams. Additionally, their decentralized nature means there is no central authority to compensate for losses in the event of theft or fraud.
While some memecoins, such as Pepe Unchained, are attempting to increase utility through second-layer blockchains and other technological improvements, many memecoins still lack the strong utility and technological foundation required for long-term survival.
If it is based on practicality, I would choose doge. Pepe itself has no value and is highly dependent on network trends.
I don't need to say much about which one is more valuable. I also bought some doge at the 0.1 level. I think the practicality of doge is that it is fine to hold it for a long time at 1 US dollar. Do you think Dogecoin can rise to 1 US dollar?
