Press Release
Meme Coin trading volume up 29%. WEN, WIF, PEPE and RBLZ see positive growth
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Bitcoin (BTC) surges to $50,000, driving optimism for the upcoming halving and influencing meme coin values. Trading volume for Meme Coin (MEME) has surged by 29%, a
meme coins like Wen (WEN), dogwifhat (WIF), Pepe (PEPE), and the upcoming Rebel Satoshi (RBLZ) experience when surge.
Memecoin (MEME) by Memeland
Meme coins, a unique breed of cryptocurrencies, derive their value from internet memes, characters, or humorous elements. These coins, characterized by their light-hearted nature, have always been associated with high volatility and unpredictable market movements.
Memecoin (MEME), the native token of Memeland by 9GAG, has been in the news. With a circulating supply of 9.3 billion MEME, it currently boasts a market cap of $234,089,663. Notably, its trading volume has surged by 89% in the last 24 hours, according to CoinMarketCap. The recent increase in trading volume accompanies a 14.03% surge in price over the past week.
WEN Rises Amidst Decline
$WEN, after a remarkable entry into the retail phase, faced a sharp price decline following a three-day airdrop that saw 27% of its total supply burned. Currently trading 43% below its daily high, $WEN’s recent boost can be attributed to the overall positive market trend. As of now, its price sits at $0.00007568, signifying a significant 63.71% increase in the past 7 days.
WIF: The Whimsical Shiba
dogwifhat (WIF), a Solana-based meme coin featuring a Shiba dog with a pink knitted hat, has gained attention for its simplicity and whimsical charm. Currently priced at $0.3936, it has experienced a remarkable 90% increase in the past 7 days, with a market cap of $392,890,381.
As of the time of writing, WIF surpasses well-known meme coins like SHIB and PEPE in gains.
PEPE: A Tribute to Internet Culture
PEPE, a deflationary meme coin launched on Ethereum, pays homage to the infamous Pepe the Frog meme. With a no-tax policy and a commitment to simplicity as a memecoin, PEPE witnessed a surge from late April to May 2023, reaching a market cap high of $1.6 billion.
Presently priced at $0.051116, PEPE has seen a 23% increase in the past 7 days, devoid of exaggerated promises or lofty symbolism.
Rebel Satoshi’s RBLZ: Uniting the Silent Majority
Rebel Satoshi (RBLZ), the project behind the upcoming meme coin RBLZ, is on a mission to create a vibrant community that rebels against centralization and oppressive rules. At the core of this bold venture is RBLZ, the governance and membership token.
RBLZ unlocks access to a multifaceted token ecosystem. This includes participation in a staking program, entry into a dedicated NFT marketplace, and engagement with a play-to-earn (P2E) game. Rebel Satoshi believes that the inclusion of these features goes beyond the typical scope of meme coins, adding utility and tangible benefits for RBLZ holders.
Another key feature of the project is the Rebel NFT Vault, housing 9,999 unique collectibles. The project claims that this enhances the token’s appeal and provides investors with exclusive digital assets, creating a sense of exclusivity within the Rebel Satoshi community.
Rebel Satoshi’s presale journey has been noteworthy. As of the time of writing, Round 5 of the ongoing presale has seen over 74% of allocated tokens sold, indicating a strong investor interest in the project.
The ongoing Initial Coin Offering (ICO) for Rebel Satoshi has already raised $1.9 million, showcasing the project’s ability to attract funding and support from the crypto community.
RBLZ is set to hit the market with a listing price of $0.025. To facilitate easy onboarding, Rebel Satoshi accepts payments in Bitcoin (BTC) and 50 other cryptocurrencies.
Disclaimer: This is a paid post and should not be treated as news/advice.
