Pepe currency’s (PEPE) price increased 34% on Monday, indicating a surge in the meme currency market.
Many have speculated that a new meme coin season may be starting as a result of this unexpected increase.
This post will discuss five substitute meme currencies that stand to gain from the current market and PEPE’s newfound attention.
1. Kombat Memes (MK)
First up is Meme Kombat (MK), a newly developed meme coin that offers a single platform for gaming, staking, and betting.
Meme Coin Season Returns: Pepe Price Soars 34% – Top 5 Coins to Monitor,Meme Coin Season Returns: Pepe Price Soars 34% – Top 5 Coins to Monitor
Meme Kombat, an Ethereum-based game, lets viewers watch fights between well-known online memes with AI-powered animations.
These fights have on-chain outcomes that are decided, and MK holders may wager on them to potentially earn huge payments.
2. Second, FLOKI (FLOKI)
Floki, a meme currency that is worth observing, was introduced in 2021 following tech billionaire Elon Musk’s naming of his Shiba Inu puppy after the canine.
Like Dogecoin and Shiba Inu, FLOKI was first only a dog-themed currency, but it has now developed into a more utility-focused project.
It has a total token supply of 10 trillion and operates on both the Binance Smart Chain and Ethereum.
The currency offers FlokiFi, a line of DeFi gadgets, and Valhalla, an upcoming metaverse game that uses FLOKI tokens.
These goods are intended to provide FLOKI with more than simply speculative low-cap cryptocurrency use.
3. Bonk (BONK)
The next currency with a dog motif is Bonk (BONK), which was introduced on Solana in December 2022.
50 trillion of the 100 trillion tokens in total were airdropped to the Solana community at launch, resulting in a gain of almost 4,000% for BONK in January 2023.
Similar to DOGE and SHIB, but with a dog motif, Bonk seeks to provide greater value than these two established industry leaders.
For instance, Bonk’s team is developing an NFT marketplace called BonkPlaces and has already developed a decentralised cryptocurrency exchange called BonkSwap.
The coin is incorporated into 131 sites, and as of right now, over 462,000 unique holders, according to BONK’s official website.
4. The Shiba Inu
With a market valuation of more than $4.4 billion, Shiba Inu (SHIB), the second-largest meme coin in the world, doesn’t really require an introduction.
The price of SHIB has increased by about 7% over the last week, continuing a pattern observed in the meme coin market.
Known for being the “Dogecoin killer,” Shiba Inu’s team continuously releases collaborations and upgrades to increase the token’s functionality.
5. PEPE 2.0, or PEPE 2.0
Last but not least, Pepe 2.0 (PEPE2.0) is a low-cap meme coin that was introduced in June and bills itself as a better PEPE.
Developed on Ethereum, it was made by early PEPE investors that the project founder reportedly banned. It has a large total quantity of 420 quadrillion tokens.
PEPE2.0 had an early surge of almost 1,000%, but it has since fallen significantly and is currently trading 92% below its all-time high from July.
Meme Coin Season Returns: Pepe Price Soars 34% – Top 5 Coins to Monitor,Meme Coin Season Returns: Pepe Price Soars 34% – Top 5 Coins to Monitor,Meme Coin Season Returns: Pepe Price Soars 34% – Top 5 Coins to Monitor, Meme coin Crypto news, Meme coin News