The fact has proven that the meme coin market is a difficult place, as different coins are competing for recognition and attention. As PEPE struggles in a potentially failed price war, other tokens are making progress, with Bitcoin, AIDOGE, and NUGX attracting attention from the crypto ecosystem
The fact has proven that the meme coin market is a difficult place, as different coins are competing for recognition and attention. As PEPE struggles in a potentially failed price war, other tokens are making progress, with Bitcoin, AIDOGE, and NUGX attracting attention from the crypto ecosystem.
PEPE continues to decline
After its public offering in April 2023, Pepe (PEPE) quickly became one of the most traded cryptocurrencies. It took nearly four years for Dogcoin (DOGE) to break through the $1 billion mark after its launch, while PEPE only took three weeks.
Although the official website explicitly states that PEPE is only used for entertainment purposes, and therefore holders should not expect economic returns, investors still purchase and trade large amounts of PEPMeme coins. However, recent developments may lead to investors selling off.
As of the writing of this article, the selling price of PEPE is $0.000000639108, which is more than 85% lower than the historical high hit in May. The price of PEPE has fallen by 12% in the past two weeks, which gives investors ample reason to worry.
Despite cases like PEPE and the potential deterrence they may bring to potential meme coin investors, the recent performance of some meme coins tells a different story. In recent days and weeks, investments in BITCOIN, AIDOGE, and NUGX have significantly increased.
Bitcoin and AIDOGE Trends
As always, with
Harry Potter Obama Sonic 10 Inu (BITCOIN) entered the market, and observers speculated on its success. BITCOIN is an ERC-20 token with a long name but a confusing design; However, these did not prevent investors from flocking and accumulating Bitcoin for their investment portfolios.
As of the time of writing this article, although Bitcoin has fallen more than 59% from its historical high of $0.196317, its selling price is $0.079828, and according to its price chart, it has increased by 39.5% in the past week.
On the other hand, Arb Doge (AIDOGE) is claimed to be a meme coin created by a group of AI organism teams passionate about Arbitrum and Web3. Arb Doge is built on top of the Arbitrum network and aims to create a series of powerful products compatible with AI and Web3.
The deflation token has an active and constantly developing community, experienced professional team, and practical points. These practical points include pledging for rewards, voting on proposals that affect the Arb Doge ecosystem, purchasing goods and services from merchants accepting AIDOGE, and creating memes for users and content creators.
These use cases led to an increase of 102.7%, 160.9%, and 159.6% in AIDOGE's 7-day, 14-day, and 30-day price charts, respectively. As of the time of writing, the selling price of an AIDOGE is $0.00000000152978.
NUGX and Its Game Plan
The third meme coin worth noting is NuggetRush (NUGX). The Play to ear (P2E) blockchain game NuggetRush presents a world of influential games and GameFi. As a community owned game, it restores decision-making and data control to users, but supports deserving and qualified careers.
This innovative P2E game combines gold mining, cryptocurrency, and real-world artisanal mining. It not only provides players with an immersive experience, rewarding them with in-game assets, but also contributes to improving the lives of artisanal miners in underdeveloped countries. Characters can also serve as collectible NFTs that can be customized and traded.
NuggetRush is built on top of the Ethereum blockchain, providing security and transparency for global players. In addition, due to the audit of SolidProof smart contracts, the project gained credibility, and its player driven peer-to-peer NFT market and lack of buying and selling taxes gave investors more reason to invest in the project.
The ongoing NUGX pre-sale plan has five rounds, with allocated tokens available for sale and increased prices. Currently, in the first round, one NUGX is priced at $0.01, and over 62% of the tokens allocated for pre-sale in the first round have been sold.
At the end of the pre-sale, 50% of the tokens will be collected in five rounds, with each round being collected as one round. Holders can receive tokens on a first come, first served basis based on their participation in the project.
With the development of more innovative and entertaining memes, the meme craze is far from over, providing cryptocurrency investors with a mix of investment choices, fun, and even charitable participation.
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