Mog Coin And PeiPei Lead Wednesday’s Meme Coin Gainers as Pepe Unchained Raises $3M

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PeiPei and Mog Coin are today’s biggest meme coin winners. Both are rallying high following the drop in BTC selling pressure, which may be a sign of an overall meme coin comeback.

Let’s take a look at each of these meme coin’s price movements, as well as a new token that’s gaining momentum throughout its presale.

PeiPei Hits New All-Time High

PeiPei hit a new all-time high today, reaching $0.00000003230, a sizable increase from its last all-time high of $0.00000002960. The coin grew a total of over 45% in the last 24 hours, along with a massive market cap spike to $119 million.

This makes the oriental Pepe-inspired meme coin the 300th largest cryptocurrency. Its spot trading volume has also grown, growing by 65.76% all the way to $190.06 million. This shows community interest in the token is still high and not slowing down.

The last week has also been kind to PeiPei, growing a total of 53.94%. Launching in early June, PeiPei has grown more than 770% since then. Part of this growth is due to sheer memetic appeal and the fusion of tongue-in-cheek humor with appreciation for Chinese culture.

PeiPei has recently found itself listed on 12 different CEXs. This is a good sign of faith for a meme coin and contributes to the massive growth we’ve seen. Another major factor is the coin’s partnership with UFC fighter Gilbert Burns in early July.

Overall, the team behind PeiPei has proven they know not only how to make memes, but also how to use social media to drive traction.

Mog Coin Booming After Weak Launch

Growing 21.47% over the past 24 hours, Mog Coin demonstrates that patience and community engagement still pay off in the meme coin market. The coin has already hit an all-time high in June, and another on July 1st at $0.000002073 per token. With its current trading price at $0.000001779, we may see it hit another all-time high before the end of the month.

Although MOG launched in October of 2023, almost a year ago, it had little momentum in its early days. However, this spring and summer have been good to it, with the coin growing 47% over the past month.

Although MOG’s trading volume has grown only 8.3% to $35 million, its market cap soared to $640 million, a growth of over 21% over the last 24 hours. This led to Mog Coin Becoming the 8th biggest meme coin in the world.

Part of this growth comes from appealing to degen culture such as its recent KuCoin Futures listing where traders can use up to 30x leverage to trade the coin. Of course, the 70,000-strong X (Twitter) following appreciating all the team’s memes helps too.

Is This the Next Big Meme Coin? Pepe Unchained Presale Raises Over $3 Million

As the likes of Mog Coin and PeiPei see growth, a new meme coin Pepe Unchained ($PEPU) has also been making waves, having raised over $3m through its ongoing ICO.

Pepe Unchained brings an innovative layer 2 blockchain into the rallying meme coin market. The coin combines the memetic appeal of coins like Pepe and PeiPei with the utility of a meme-focused layer 2 blockchain.

PEPU aims to solve the biggest issues in the ETH meme coin space. Namely, high transaction fees and low volume capacity. Built on top of Ethereum, PEPU aims to provide minimal transaction fees and 100x faster speeds than ETH, as well as a dedicated block explorer.

The project focuses exclusively on providing a better environment for meme coins, giving it specialized and unique utility in the space.

PEPU currently sells at $0.0083591, which many experts speculate is the lowest we’ll see the coin go for. Experts like 99Bitcoin and Jacob Bury are extremely bullish on the coin, predicting returns anywhere from 10x to 100x.

PEPE UNCHAINED Raises $3,000,000 – New 10X Potential Meme Coin?!

Stakers are also excited to see the coin currently offering estimated rewards of 621% P/A, with the coin allocating 30% of its 8-bilion total tokens for staking. Overall, Pepe has all of the fundamentals, memetic appeal, and even utility to compete with the best of them.

Visit Pepe Unchained Presale

Source: https://finbold.com/mog-coin-and-peipei-lead-wednesdays-meme-coin-gainers-as-pepe-unchained-raises-3m/