PEPE2 has surged up +3,500% in a Pepecoin alternative play in a stunning rise that has stunned meme coin markets. Could this other cryptocurrency be the next?
PEPE2, a marketing effort tied to Brother, has had significant success, amassing around 25k followers on their X (formerly Twitter) account. The project was founded with the intention of providing new retail investors with the chance to participate in a second PEPE run.
Pepe Coin: Riding the 50% Pump Wave or Awaiting Meme Kombat Pump?
A separate contract address and pump and dump price activity, however, indicate that the most recent PEPE2 currency to soar isn’t the real PEPE2 project. Instead, it looks to be a scamcoin.
PEPE2 Meme Coin Soars 3500%: Could This Be the Next 100x Crypto?,PEPE2 Meme Coin Soars 3500%: Could This Be the Next 100x Crypto?
PEPE2 Price Analysis: Amid a Dramatic Dumping Move, Is PEPE2 a Scamcoin?
PEPE2 is now trading at a market price of $0.0001709, reflecting a 24-hour move of -94.38%, as price activity collapses.
This comes after the PEPE2 spin-off token’s spectacular but slow-burning debut, which saw mild early traction burst in the fifteenth hour of trade on November 1 at 11 PM.
within 500 investors rushed to get into the rising skyrocket as PEPE2 soared a staggering +2,200% within the course of seven hours of trade, seemingly driven by West Coast trading hours.
On November 2, after a little localised retracement move, price fell -53% at 6 AM. However, a second recovery leg was initiated by support around $0.0017, and by 1 PM, PEPE2 had increased by a further +142%.
Early supporters saw profits of an incredible +3,500% as a result, but as is frequently the case in DEX markets, it seems the move was too good to be true.
At 2:00 PM on November 2, the price activity of PEPE2 was volatile, and a technical structure-destroying -90% candle left astonished investors feeling hopeless.
Despite over $1 million in trade volume, the thundering dump emphasises the enormous dangers associated with DEX tokens, since scamcoins like this PEPE2 spin-off may damage the image of legitimate projects.
Because of this, shrewd money is instead pouring money into presales as a more secure, audited substitute for extremely risky investments. Leading the field in November 2023 will be the Bitcoin Minetrix presale, which gives regular investors access to large Bitcoin mining earnings.
SHIB Millionaire: Turning $500 into $3.8 Million in November
Explore the cutting-edge world of Bitcoin Minetrix and its ground-breaking stake-to-mine mechanism while the incredible presale breaks a record +$3,196,818 in funds raised.
With an alluring Staking APY of 1224%, Bitcoin Minetrix offers a platform where customers can purchase, stake, and then watch as the benefits begin to mount.
In the realm of cryptocurrency, the real meaning of passive income has never been more approachable.
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