The Pepe (PEPE) price has been soaring to new record highs, with a 30% increase in the past 7 days. Investors are now wondering if 100x gains for the meme coin are possible, as Pepe is currently trading at around $0.00001350, with a market cap of $5.7 billion. However, experts believe that achieving 100x gains is unlikely in the short-term, given that even Ether (ETH), with a market cap of $450 billion, has not reached that level yet. Despite this, the outlook for Pepe remains strong, with traders buying the Ethereum-issued meme coin in anticipation of Ethereum ETF approvals by the SEC.
Many traders are betting on Pepe as a major beneficiary of accelerated growth in the Ethereum ecosystem, as its market cap is still 4x lower than that of Dogecoin. If Dogecoin were to double or triple its value in the current bull market, Pepe could potentially see 10x gains from its current price. This would mean that Pepe has the potential to increase in value to $0.00010, erasing another zero from its current price. Investors seeking even larger gains of 50-100x may want to consider looking into alternative meme coins, such as Dogeverse.
Dogeverse is a new meme coin with unique cross-chain capabilities that is generating excitement in the market. It aims to be the multi-chain equivalent of Dogecoin and is set to launch on the six most popular blockchains, excluding Bitcoin. The cross-chain bridging capabilities of Dogeverse make it a “Doge with superpowers,” and it has already raised over $15 million in its presale. Investors looking to capitalize on the potential of Dogeverse should consider getting in ahead of the token’s official launch to potentially benefit from significant gains.
In the meme coin market, where investors are often seeking significant returns, getting in early on a new meme coin gem can be the best way to achieve larger gains. While most investors would be satisfied with 10x gains, others are hunting for even bigger upside of 50-100x. Dogeverse presents itself as a promising option in this regard, with its unique features and growing popularity. The team at Cryptonews believes that Dogeverse has the potential to deliver substantial returns for investors willing to take a chance on this new meme coin.
Overall, the cryptocurrency market is experiencing rapid growth and investors are seeking ways to maximize their profits. While Pepe and Dogeverse present different opportunities for investors, both coins have the potential for significant gains. Those interested in higher risks and larger potential rewards may choose to invest in Dogeverse, while others may prefer the stability and reputation of Pepe. As the market continues to evolve, it is important for investors to conduct thorough research and consider all factors before making investment decisions in the volatile world of cryptocurrency.
