Is Meme Coin season back as Pepe price surges 34%? 5 currencies to consider

The meme coin market has seen a rally, with the price of Pepe Coin (PEPE) rising 34% on Monday.

This sudden surge has led many to speculate that a new meme coin season could be underway.

In this article, we will highlight five alternative meme coins that could benefit from the renewed interest surrounding PEPE and the market as a whole.

1. Meme Kombat (MK)

First is Kombat Meme (MK)an emerging meme currency that combines gaming, gambling, and gambling into one unified platform.

Built on ethereum, Meme Kombat allows users to watch battles between popular internet memes, with animations powered by artificial intelligence (ai).

The outcomes of these battles are determined on-chain, and MK holders can bet on the outcomes for a chance to win substantial payouts.

MK also has a built-in betting protocol, with returns currently set at 112% annually.

Users can earn more MK tokens and other rewards by participating in battles, staking, and staking, providing a multi-faceted approach to token utility.

MK is currently available through a pre-sale phase, with 50% of the total supply of 12 million available for purchase.

More than $650,000 has already been raised, demonstrating strong initial interest from investors in meme coins.

Once the pre-sale runs out, MK will appear on DEX as Uniswap, an event that is already highly anticipated by members of Meme Kombat Telegram Community.

With its unique meme gaming approach, staking rewards, and staking features, MK is certainly an exciting project to watch as the meme coin space heats up again.

Presale Visit Meme Kombat

2. FLOKI (FLOKI)

Another meme coin worth checking out is FLOKI (FLOKI), launched in 2021 after tech mogul Elon Musk named his Shiba Inu dog Floki.

Originally just a dog-themed coin like Dogecoin and Shiba Inu, FLOKI has evolved into a more utility-focused project.

It runs on both ethereum and Binance Smart Chain, with a total supply of 10 billion tokens.

The coin’s offerings include Valhalla, an upcoming metaverse game using FLOKI tokens, and FlokiFi, a suite of DeFi products.

These products are designed to give FLOKI real-world utility beyond being just another small-cap speculative cryptocurrency.

FLOKI is currently the fourth most traded meme coin in the world, with Trading volumes of more than $82 million per day..

With the token price up 42% in the last seven days, FLOKI could be another trending meme coin that will benefit from the renewed market momentum.

3. Bonk (BONK)

Next up is Bonk (BONK), another dog-themed coin launched on Solana in December 2022.

With a total supply of 100 billion tokens, 50 billion were airdropped to the Solana community at launch, resulting in a gain of over 4000% for BONK in January 2023.

As a dog-themed currency, Bonk is similar to DOGE and SHIB, but aims to add more utility than these two market stalwarts.

For example, the Bonk team created BonkSwap, a decentralized crypto exchange, and will launch BonkPlaces, an upcoming nft marketplace.

According BONK Official WebsiteThere are now over 462,000 unique holders, with the token integrated across 131 platforms.

Given BONK’s Solana-centric focus, the token has differentiated itself from most meme coins hosted on the ethereum blockchain.

As such, with the market heating up once again, BONK could be an interesting meme coin to keep an eye on for investors looking for high-potential projects on the Solana network.

4. Shiba Inu (SHIB)

Shiba Inu (SHIB) needs no introduction as it is currently the second largest meme coin in the world. with a market capitalization of more than $4.4 billion.

SHIB price rose nearly 7% last week, following a trend seen across the meme coin space.

As the self-described “Dogecoin killer,” the Shiba Inu team is constantly rolling out updates and partnerships aimed at expanding the token’s utility.

Shibarium, Shiba Inu’s Layer-2 scaling solution, was one of these updates and received enormous attention from the crypto community.

Although the launch of Shibarium did not go as the development team had planned, the network has gradually started to gain traction and now has more than 1.2 million wallet addresses associated with it.

Given its proactive development strategy and the growing adoption of its Layer-2 network, SHIB is a token to watch as the meme coin space continues to heat up.

5. Pepe 2.0 (PEPE2.0)

Lastly, Pepe 2.0 (PEPE2.0) is a low-cap meme coin launched in June that claims to be an improved version of the original PEPE.

Built on top of ethereum, it has a massive total supply of 420 trillion tokens and was created by early PEPE investors who were allegedly blacklisted by the project’s founder.

After rising more than 1,000% during its first few days, PEPE2.0 has declined substantially and is now trading 92% below July’s all-time high.

Currently, the token has no utility beyond trading, although the developers have hinted at further updates in the future.

However, this has yet to stop the token from producing impressive returns recently, with daily spikes of over 20% not uncommon.

Therefore, although PEPE 2.0 may not have the community support or recognition like the original PEPE, it has demonstrated its potential and remains a speculative asset that could offer high returns.

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