One famous Bitcoin expert has just thrown his support behind an unexpected contender: PeiPei (PEIPEI).
This meme coin, only launched last month, is now becoming a serious player in the crypto market.
Meanwhile, analysts are also praising another rising star, Pepe Unchained (PEPU), after it raised over $4 million in its presale phase.
PeiPei Gains Major Endorsements from Bitcoin OG Davinci Jeremie
Looks like PeiPei just scored a big win.
Davinci Jeremie, the Bitcoin OG who told everyone to buy BTC back in 2011, is backing this meme coin.
He dropped a video on Instagram yesterday, where he’s got a following of over 940,000 people.
Jeremie didn’t just give PeiPei a casual shout-out.
He went all in, calling himself the “official ambassador” of the token and predicting it could hit a billion-dollar market cap.
That’s a serious endorsement from a guy who knows his stuff.
Jeremie has been in the crypto game for over a decade, coding and breaking down Bitcoin’s tech.
And to show he means business, he’s even letting the public see his PeiPei investments in real-time.
According to Etherscan, Jeremie holds over $775,000 worth of PEIPEI at the time of writing.
That’s a massive 2.1 trillion tokens.
So, with a Bitcoin expert like this backing it, PeiPei might have some serious potential.
PeiPei’s Unique Design Drives Impressive Early Growth
PeiPei is a meme coin with a twist.
It’s a fresh take on the famous Pepe the Frog meme, combining it with some Chinese cultural elements to help it stand out.
PeiPei’s development team has some big ambitions.
The project’s roadmap outlines plans for partnerships, marketing blitzes, and even the dream of flipping the US dollar.
PEIPEI’s supply is capped at 420.60 trillion tokens, and there’s no buy/sell tax on trades.
Since its June 5 launch, the token has seen some serious action.
PEIPEI’s price is up 997%, pushing its market cap to almost $150 million.
Right now, PEIPEI is hovering around $0.000000363 per token and is the 10th most traded meme coin globally.
This kind of growth has got the crypto community buzzing.
Over 22,000 people follow PeiPei’s Twitter account, where the developers constantly post updates about how the token is doing.
Ultimately, as with all meme coins, the real question is whether PEIPEI can keep this up.
But with Davinci Jeremie’s backing, it’s definitely one to watch.
Pepe Unchained Attracts Analyst Attention with Layer-2 Network & High Staking Yields
Another meme coin has also been building buzz.
That meme coin is Pepe Unchained, a newcomer that’s caught the attention of retail investors.
Pepe Unchained is building its own layer-2 network for Ethereum, aiming to improve transaction speeds and reduce fees.
Unlike standard Ethereum transactions, which can be slow and expensive, Pepe Unchained’s aims to be much more efficient.
According to the project’s whitepaper, the goal is to be 100 times faster than Ethereum.
And this goal has caught the eye of some top analysts.
The team at 99Bitcoins suggested that PEPU could be a frontrunner in the next crypto bull market.
YouTuber Jacob Bury went a step further – speculating PEPU’s price could 10x after it is listed on exchanges.
These predictions have only added to the buzz around Pepe Unchained.
On top of the project’s planned layer-2 solution, there will also be a staking app for PEPU holders.
Right now, estimated annual yields are quoted at 450%.
So, not only will Pepe Unchained be looking to boost efficiency, but it’s also aiming to reward investors.
This combo of innovative tech and high yields is one of the main reasons for Pepe Unchained’s early presale success.
The presale has raised over $4 million since it kicked off last month.
PEPU tokens are on offer for $0.008493 each.
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