Pepe Coin Holders Shift to Fresh ICO in Search of 100x ROI Tokens
As Pepe Coin consolidates below the record highs it printed earlier this week, its holders are shifting to a fresh ICO called Peen ($PEEN) as they hunt for 100x ROI tokens.
Pepe Coin (PEPE) is up 150% in seven days, as per CoinMarketCap.
But with its market cap now having swollen to above $3 billion, the prospect of continued upside is limited.
Sure, PEPE could potentially still pull off gains in the region of 5-7x to match the market caps of Dogecoin and Shiba Inu.
But traders hunting for 100x ROI tokens will need to look elsewhere, as it’s unlikely for Pepe to hit $300 billion.
And $PEEN could be a perfect candidate.
The token makes no bones about being the purest of meme coins. A glance at its website shows its adult-themed comic potential.
It has shock and humor value by the bucket loads. That’s exactly what you want for a thrusting viral community.
And it’s been an explosive start to life for $PEEN.
Immediately after its launch on Tuesday, $PEEN’s market cap reached as high as $3 million.
It has since been consolidating with a market cap of around $700,000, offering meme coin degens a compelling opportunity to buy the dip.
$PEEN – The Next 100x ROI Token?
Everything is possible with meme coins, which is why they attract so much interest and cash.
$PEEN that could be the best next 100x ROI token.
Following a launch with a low market cap of $500,000, the total supply is 800,813,569 tokens and all of them are available for purchase.
With ample liquidity of nearly $700,000 on hand and to soon be locked, DEX trades are seamless and there is no need to worry about rug pulls.
There is nothing worse than watching a coin chart go parabolic and wishing you had bought it when you first heard about it.
We're already trending #6 on @dexscreener! 🔥
LFG 🚀 $PEEN#MemeCoin #AltSeason #Bullish #1000xGem pic.twitter.com/bMycFEdcK8
— PEENTOKEN (@PEENTOKEN) March 5, 2024
If that’s what you did with Shiba Inu or BONK – although both still have much further to run – then don’t make the same mistake with $PEEN.
$PEEN is well-placed to penetrate the current market setup, in which Bitcoin is lifting all boats.
Sure, it is a new token, but it is this sort of uniquely irreverent and memorable messaging that can create brand recognition to set $PEEN apart in a crowded meme coin market.
Crude and rowdy humor is the essence of $PEEN, providing it with a foundation for endless fun and community engagement – that means big gains for investors who hitch an early ride.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
