Baby Doge (BABYDOGE) has pumped another 20% in the past day.
Now, one trader’s hot take on it, comparing it to First Neiro on Ethereum (NEIRO), has everyone wondering if this dog coin is about to rally even higher.
BABYDOGE Surges & Draws Comparisons to NEIRO Token
BABYDOGE is one of the few meme coins still in the green.
Earlier today, BABYDOGE hit the $0.000000002977 level, a 20% jump from yesterday.
It’s pulled back a bit since then – likely due to profit-taking – but it’s still up 42% from Sunday’s low.
The trading action has been crazy, with spot volumes hitting nearly $100 million in the last 24 hours.
That’s just shy of Popcat’s (POPCAT) numbers.
But here’s where things get even more interesting.
Popular trader @cryptoknight890, who has over 52,000 followers on Twitter, tweeted a chart earlier this week that’s got everyone talking.
He laid out a potential price trajectory for BABYDOGE over the next few weeks.
His upside price target is around $0.000000004767, which would be an 81% jump from BABYDOGE’s current position.
He also compared it to NEIRO, saying it will “follow” the same path.
This comparison has got retail investors buzzing.
Crypto Market Shaken By Major News Events as BABYDOGE Holds Strong
All this BABYDOGE hype isn’t happening in a bubble.
The crypto market has had a wild week, with some big news shaking things up.
For starters, Crypto.com has taken on the SEC, suing them to “protect the future of crypto” in the U.S.
And that’s not the only big news event.
The spot ETF scene is heating up, and this time, it’s not about Bitcoin or Ethereum anymore.
Canary Capital just filed for a spot XRP ETF, right on the heels of Bitwise’s filing from last week.
It seems big players are finally making their move for this token.
If these XRP ETFs are approved, it would give everyday investors an easy way to gain exposure without using crypto exchanges.
However, the SEC still has ongoing legal drama with Ripple.
As such, it’s anyone’s guess how these applications will play out.
Regardless, these two news events have investors buzzing – and BABYDOGE is in the middle of it all.
Although other meme coins are taking a dip, this dog coin continues to hold onto gains, meaning @cryptoknight890’s price forecast might not be as far-fetched as it first seemed.
Pepe Unchained Could be the Next Breakout Meme Coin
BABYDOGE might be making all the headlines, but it’s not the only meme coin preparing for a breakout.
Pepe Unchained (PEPU) is also attracting attention in this regard.
The developers are working on their own blockchain, Pepe Chain, which they claim will be 100 times faster than Ethereum.
And way cheaper to use.
For meme coin traders tired of high gas fees, that’s some welcome news.
But it’s not all talk, since Pepe Unchained’s presale has been a huge success, pulling in over $18.4 million so far.
That presale raise shows serious interest in what the team’s building.
What’s also got investors excited is Pepe Unchained’s “Frens with Benefits” program.
It’s basically a grant system to get developers on board early, which could lead to a whole ecosystem of DApps and NFTs on the Pepe Chain.
And if that wasn’t enough, there are also staking rewards for PEPU holders.
Right now, these rewards are an enormous 118% per year, with over 1.3 billion PEPU tokens already locked up.
With BABYDOGE rallying and all the hype around blockchain scaling solutions, Pepe Unchained could be well-positioned for growth.
It’s got the tech, the buzz, and the momentum.
If the team can keep their promises, PEPU might just be the next big meme coin explosion.
Visit Pepe Unchained Presale
