LILPEPE, a frog-based meme coin that owes its origin to the culture of frog memes, is rapidly ascending the crypto charts not only because of the mere fact that it has become popular as part of the internet meme phenomenon, but also because of its utility-based nature. It is constructed on an Ethereum compatible layer-2 blockchain that provides cheap and faster transactions than meme coins.
Progress of the Little Pepe in its current presale is marked, as Stage 1 at an amount $0.001 managed to attract $0.5 million, Stage 2, at an amount $0.0011 raised $1.325 million, and Stage 3 at an amount $0.0012 brought an additional $1 million. At a level of Stage 4 of $0.0013, it raised $4.475 million and the price of the current stage is $0.0014, the project is gaining serious momentum. It is also worth mentioning that presale will be allotted 26.5% of the total supply.
Retail Mania is Developed on Potential Layer-2 Meme Combatant
LILPEPE is the only project in the crypto market that is utility-based, packaged with real-world use and meme-based branding. This Layer-2 asset is compatible with Ethereum and in line with the level of hype in the community, it is fast and has the capacity to scale. The fact that the project has so far collected more than $5.4 million in the first five stages of presale depicts the increasing trust of the retail investors. Those trying to enter now with the price of $0.0014 stand an opportunity to follow an underdog story with a high potential reward.
With the demand heating up and the next round of the presale ($0.0015) near, retail investors are getting more optimistic about LILPEPE as a rare case of investing early into a meme coin that wouldn’t have a problem with the blockchain in the first place.
How Trump Coin Lifts Off After Justin Sun Vows to Invest $100 Million
The bullish effects could not be more apparent than an announcement by a crypto heavyweight, Justin Sun, investing a whopping $100 million into the Trump meme coin, whose market immediately became charged with energy. This newfound support by the president has led to a steep rally in the Trump-themed digital asset and has seen volumes spiking ever higher and traders coming in by the thousands to take on asymmetric positions along the same lines. The strategic move given by Sun not only increased the bullish sentiment but once again endowed meme coins with fresh credibility.
TRUMP chart showing price action | Source: X
Although much of the hype of the Trump Coin’s success is based on the power of fame and political fad, the boom has caused a new wave of attention for all meme coins. Investors are now pouring through the market searching for the next meme phenomenon, particularly those with a greater narrative quality combined with a technical complexity, such as LILPEPE.
Utility-Focused Meme Coin Upstart is Gaining Bullish Traction
With the Trump Coin boom, LILPEPE is taking its own niche by blending meme culture with the realities of the blockchain invention. Compared to purely hype-driven tokens, LILPEPE will have real aspects that consist of staking, $777K giveaway that is live during the presale, NFTs, off-chain governance with a decentralized DAO, and cross-chain scaling on a scalable Layer-2 system.
Such basics are the reason why smart entrepreneurs are coming on board early, with close to 5.5 million raised in stages. The other meme coins rely on temporary news, but LILPEPE aims at a long-term roadmap. Such an emphasis on long-term usefulness is not only catching retail funds, but crypto analysts and influencers who are finding the signal amidst the noise.
Conclusion
The virality of LILPEPE, which makes memes functional, has made it a realistic competitor in such a hype market. With plans of staking and NFTs as well as DAO governance and cross-chain abilities, it is apparent that the project is not all about entertainment.
For More Details About Little PEPE, Visit The Below Link:
Website: https://littlepepe.com
The post Justin Sun’s $100M Bet Fuels Bullish Momentum for Trump Meme Coin, While Retail Frenzy Heats Up Around New Entrant With Layer-2 Utility appeared first on Blockonomi.
Source: https://blockonomi.com/justin-suns-100m-bet-fuels-bullish-momentum-for-trump-meme-coin-while-retail-frenzy-heats-up-around-new-entrant-with-layer-2-utility/