Following its launch in 2023, Pepe (PEPE) experienced a remarkable rally, creating millionaires in the second quarter of the year. However, the once-dominant meme coin has recently faced price troubles, with its value declining over 50% from its all-time highs and dropping 35% in the last seven days alone. As Pepe struggles, analysts predict a strong performance from its rival, MoonTaurus (MNTR), with a 1400% increase in 2024.
Pepe (PEPE) Loses Its Shine
PEPE is a frog-themed meme coin that was quietly launched on April 17, 2023, and quickly became a sensation in the cryptocurrency market. Its initial rally was impressive, reaching a $1 billion market cap in just 17 days and creating numerous millionaires. However, this meteoric rise was short-lived. Since its peak, PEPE has faced a sharp decline, losing over 55% of its value.
Pepe is currently trading at $0.000007651 and is ranked 26th in the overall crypto market with a $3.2 billion market cap. The asset has underperformed in recent weeks, falling 19.53% in the last month alone. Analysts predict further decline, with its next key support level at $0.0000050. If this support is breached, PEPE could fall to $0.0000030.
MoonTaurus (MNTR) to Outshine Pepe (PEPE) with 1400% Growth
MoonTaurus has quickly gained traction in the meme coin trend following a stellar presale performance. The presale, launched just over a week ago, is already more than 80% through Stage 1 and has raised over $230,000. The campaign will progress through 10 stages before launching on the market at $0.07.
MoonTaurus will be listed on both decentralized and centralized exchanges, including top-tier CEXs with millions of global users, to ensure broad market penetration. Currently priced at $0.005 in the first presale stage, the price will increase by 100% as Stage 2 begins. This initial price is also a 1400% discount compared to the launch price, offering early investors an opportunity for high returns.
The team behind MoonTaurus has launched an aggressive marketing campaign, boosting its visibility among crypto investors. The campaign will soon include collaborations with influencers and artists to further broaden the project’s reach. In addition, MoonTaurus is hosting a $100,000 giveaway to reward its current community and attract new members. To join the giveaway, participants need to follow MoonTaurus on X and join its communities on Telegram and Discord, along with engaging in other promotional activities.
MoonTaurus (MNTR) has a limited supply of 3 billion tokens. This means no more tokens will be minted, allowing the price to grow with increasing demand. 40% of the total supply has been reserved for presale investors. 30% will be used for marketing activities, 20% for exchange liquidity, and 10% for community rewards. The community reward program will involve exclusive perks for loyal community members, including special content and early updates.
In addition to its strong fundamentals, MoonTaurus is experiencing significant growth due to heavy whale activity. Giant whales, who were early investors in Pepe, are now accumulating MNTR during the presale to take advantage of the low prices. This involvement has attracted more attention from smaller retail investors and serves as a strong vote of confidence for the project. Their interest suggests that they anticipate substantial returns from MoonTaurus, which adds to the project’s credibility and appeal.
Market analysts have predicted a strong rally for MoonTaurus, with projected returns of 1400% at launch. They anticipate a price target above $1 by the end of the year and 100x gains by the end of the bull run.
MoonTaurus has emerged as a top alternative to Pepe in 2024. The newcomer is expected to outperform PEPE, with gains of at least 1400% in Q4 2024 and up to 100x during the peak of the 2024-25 bull cycle.
Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus