Best Crypto: In the wake of Pepe coin’s significant retracement following its listing on Binance, the crypto market is abuzz with the emergence of potential contenders known as the “next Pepe” coins. Investors and enthusiasts alike are intrigued by these alternative meme tokens, wondering whether they are worth considering or if they could turn out to be mere scams. In this article, we delve into four notable players in this space: Kermit the Coin (KERMIT), Memetic/PepeCoin (MEME), PepeCoin Cryptocurrency (pepecoin), and PepeDerp. Let’s explore their recent performance, unique attributes, and potential risks associated with each coin.
Kermit the Coin (KERMIT)
Kermit the Coin, with its ticker symbol KERMIT, has rapidly gained traction in the cryptocurrency market. According to DEXTools, it currently ranks among the top ten trending crypto assets and has witnessed a double-digit surge in the past day, following a more explosive pump over the weekend. Unlike several dubious gainers with low liquidity, KERMIT boasts an impressive 89/99 rating on DEXTools, indicating a higher level of credibility. The project defines itself as a memecoin built on the Ethereum network, embracing laughter, innovation, and financial empowerment. However, it is important to note that there are two other Kermit coins on CoinMarketCap, which are distinct projects. While KERMIT exhibits promising potential, it is essential to remain cautious, as meme tokens have a history of trending down to zero.
Memetic/PepeCoin (MEME)
MEME, which powers the Memetic crypto project, is another intriguing candidate in the “next Pepe” space. This token functions as the native currency for the project’s Layer-2 NFT platform. It is important to differentiate MEME from the Pepe token launched in April 2023. The price history of Memetic/PepeCoin can be traced back to the previous crypto bull run in 2017. Despite experiencing a surge during the recent Pepe price explosion, its valuation remains relatively low, with a market cap of only $1.3 million. While MEME has exhibited a modest 6% increase in the past 24 hours, it is still finding its footing in terms of attaining a higher valuation.
PepeCoin Cryptocurrency (pepecoin)
PepeCoin positions itself as the “real Pepe” and the original Pepe, utilizing these claims as its Twitter handle. With a remarkable DEXTscore of 99/99 and high liquidity, PepeCoin demonstrates positive indicators for a meme coin. However, the past day witnessed a substantial 30% crash in its price, surpassing the 2% decline observed in the Pepe token. This raises questions about whether PepeCoin holders are shifting their focus to other meme coins. For a comprehensive list of the best meme coins in 2023, refer to our dedicated article.
PepeDer
PepeDerp has gained significant attention as the top gainer among frog-themed cryptocurrencies and many meme coins, with a remarkable surge of over 130%. However, caution is advised due to the appearance of a common warning message on CoinMarketCap. The message highlights that the smart contract associated with PepeDerp can be modified by its creator, potentially enabling actions such as disabling selling, changing fees, minting new tokens, or transferring tokens. Therefore, conducting thorough research is crucial, particularly when dealing with tokens listed on decentralized exchanges like PancakeSwap and Uniswap. It’s worth mentioning that PepeDerp token is currently listed on one centralized exchange, CoinTiger, although the platform’s trust score on CoinGecko is relatively low.
In conclusion, As the crypto market continues to evolve, several meme coins have emerged as potential successors to the Pepe coin phenomenon. Kermit the Coin, Memetic/PepeCoin, PepeCoin Cryptocurrency, and PepeDerp have all garnered attention for their unique features and recent performance. While each of these coins presents opportunities for investment, it is important to approach them with caution, given the inherent risks associated with meme tokens. Thorough research and due diligence are key when evaluating any investment opportunity in the cryptocurrency space.