PEPE hits new high after listing on Coinbase
Pepe Coin (PEPE) has seen a strong rally after being listed on Coinbase, with prices rising by more than 100% in a short period of time. At press time, PEPE's price is $0.000022, with a 24-hour trading volume soaring to $15.9 billion. After listing, PEPE's market capitalization quickly reached approximately $9.3 billion, ranking 15th among the top 20 cryptocurrencies.
It is worth mentioning that the total circulating supply of PEPE is 420.69 trillion, and the maximum supply has been almost fully allocated, which provides potential for its future price increase, as scarcity is often an important factor driving the price of crypto assets.
Floki Coin’s strong momentum
As PEPE's rise has attracted attention, Floki (FLOKI) has also gained favor in the market. Currently, the price of FLOKI is $0.000236, up 4.14% in the past 24 hours, with a trading volume of $1.31 billion. The market value of FLOKI has now reached $2.27 billion.
Floki is gaining influence in the meme coin space while also expanding its practical functions. Floki's ecosystem revolves around games and decentralized finance (DeFi), attracting a more diverse investor base. It is not just a meme coin, but is also gradually developing towards more practical application scenarios.
Yeti Ouro (YETIO): The Next Potential Memecoin?
Driven by PEPE and FLOKI, another meme-inspired token, Yeti Ouro (YETIO), has attracted widespread attention from investors. YETIO is preparing for its official launch, and analysts believe it could become the next hot utility meme coin.
Yeti Ouro combines meme culture with real-world applications, especially in its upcoming Play-to-Earn (P2E) game Yeti Go. The game will provide players with a high-energy racing experience where they can earn YETIO tokens, adding real-world utility to YETIO that other meme coins lack.
In addition, the total supply of Yeti Ouro tokens is capped at 1 billion, unlike meme coins such as Dogecoin, which have an unlimited supply. In order to increase the value of the token, YETIO also uses a token destruction mechanism to reduce the supply over time, which helps create upward pressure on its price.
As PEPE skyrocketed, Floki and YETIO followed suit, attracting a large number of investors. From meme coins to utility tokens, these projects are constantly breaking through traditional boundaries in the market. Investors are paying close attention to the future potential of these projects, especially as they give tokens more practical uses and application scenarios.
