Hong Kong Meme Coin $KONG Pumps 1,000%, Trends Above Pepe on DEXTools – Best Crypto to Buy Now?
Meme coins are currently gaining a lot of attention and breaking daily trading records with high volumes.
One making the rounds is the Hong Kong meme coin which has surged over 1,000% in the past week.
This new sensation has many investors placing it in the same fold as the $PEPE token.
Meanwhile, investors are optimistic about the potential of $WSM and $ECOTERRA tokens for significant upward trends.
$KONG’s Strong Daily Uptrend Continues to Grow
In a largely taciturn market, meme coins have been the buoy on which the crypto space has relied.
So far, the parody coin sub-sector has produced some of the most blockbuster projects that have gone on to enjoy mainstream adoption.
The new wave of meme coin stars began with the $PEPE token, rising to worldwide prominence after it surged to $1.6 billion in market valuation.
While its meteoric rise has since tapered, $PEPE is still one of the most traded meme coins in the crypto space.
Now, a new meme coin called Hong Kong has the potential to become the next $PEPE.
At press time, its native token, $KONG, is trading at $0.0000025, indicating an uptrend of 29.58% in the past day.
The asset’s weekly performance has been the most impressive of the lot, with the meme token rising above 1,000% in the past week.
This has seen it trend above $PEPE, $SPONGE, and other top meme coins on DEXTools. The meme token has snapped up over $1.2 million in market cap.
Here are some of the best performing De-Fi projects on Dextools today.$BORING – Up 7755% – (No Twitter, How Boring..)#INEDIBLE – Up 2241% – @INEDIBLE_Token $MOON – Up 1303% – @Mooncoin_ERC$Kong – Up 1269% – @KONG_ERC $Gary – Up 550% – @GARYErc20 #100x #crypto pic.twitter.com/kI3KjSS5Wb
— The Trending Service (@DexTrending) June 9, 2023
Given that it is less than two weeks since its launch, this is a significant milestone for the ape-like token.
Hong Kong is a meme coin project created solely for entertainment purposes. However, with a 0% buy or sell tax and a robust liquidity pool, many people have jumped into the project.
$KONG
— Jamma Pelson (@JammaPelson1) June 9, 2023
A TOKEN I AM BULLISH ON… WHY?
0% TAX. RENOUNCED.
FAT LP SO WHALES CAN ENTER.
33.6% BURNT.
ALSO HEARING A SOLID TEAM IS BEHIND THIS TOKEN. I AM INVESTED AND AM READY TO SEE THIS MOON.
NATURALLY TRENDING ON DEXTOOLS. https://t.co/WLtGnmGKBT
Nonetheless, the crypto space is constantly churning out priming gems. Two of such are the $WSM and $ECOTERRA tokens.
Wall Street Memes ($WSM): Tokenizing the Internet’s Triumph Over Capitalism
If there is one thing that the crypto space is known for, it is the ability to radicalize an industry.
This force came into play in the GameStop debacle that saw retail investors join forces to buy up shares of struggling companies.
Out of that situation, a movement called Wall Street Memes has been crafted.
Developed by the same team behind the famous Wall Street Bulls NFT collection on Ethereum that sold out in under 32 minutes, this meme project is a symbol of the internet’s ultimate triumph over rampant capitalism.
The project aims to provide retail investors an avenue to profit from the crypto space, just like deep-pocketed investors and companies are doing.