Pepe continues to grow, recording an increase of 11%, despite the market slowing down. Meanwhile, Sealana’s pre-sale is reaching $3 million. Will this be the next meme coin to explode?
ETH Spot ETF Approvals Spark Frenzy on Pepe
Pepe has emerged as one of Ethereum’s leading beta plays, significantly outperforming the coin this week. This follows the approval of Ethereum spot ETFs by the US Securities and Exchange Commission (SEC) on May 23.
While most large-cap cryptocurrencies are trading lower, ETH continued to rise after the SEC green light. It is currently priced at $3.9K and is up 4.5% today.
However, Pepe, one of Ethereum’s most popular meme coins, rose 12% today and recently reached a new all-time high (ATH).
Its price is $0.0000166, with a market capitalization of $6.9 billion and a 24-hour trading volume of $2.5 billion, up 18% today.
Pepe is up 75% this week, becoming the second best-performing cryptocurrency in the top 100 by market capitalization. This is second only to Ethereum Name Service, up 79%.
Moving on to what this might mean looking ahead, Crypto Knight sees continued bullish momentum for the frog-themed meme coin. According to the analyst’s forecast, Pepe may advance towards $0.00003958 in the coming weeks. This represents a gain of 137% from the current price.
Meanwhile, Zer0 suggests that Pepe’s rally remains in its infancy, following a comparison of its path to Dogecoin. Indeed, all of this presents a considerably favorable outlook for Pepe.
But as Pepe leads the way, many meme coins with smaller market caps could see outsized growth.
Countless small-cap projects are emerging, but one of the most promising is Sealana. Major traders are rallying as its total presale raise approaches $3 million.
Analysts claim that Sealana can deliver 100x returns
While the Ethereum ETF narrative has bolstered the price of Pepe and other Ethereum ecosystem tokens, the market predicts that a Solana ETF could be next in line, which is great news for ecosystem meme coins like Sealana.
However, this is not the only factor that generates enthusiasm. Sealana follows Book of Meme’s presale project, which enabled a $1 billion rally within two days of its IEO.
According to her website, Sealana is a seal who trades meme coins from her mother’s basement, living on canned tuna and french fries with the hopes of making life-changing earnings that will allow him to buy a new Lambo .
Additionally, Sealana’s X account is full of witty references to former US presidents.
It also has a South Park-style vibe, helping to cultivate a loyal community of Solana degens. In fact, these factors align perfectly with the Wild West of Solana Crypto Twitter, so it’s no wonder investors are investing thousands of dollars.
However, Sealana presale does not have a predetermined upper limit, so potential investors should act quickly to avoid missing this opportunity.
If you want updates on this topic, enter your email in the box below:
By filling out this form I agree to receive information relating to the services on this page in accordance with the privacy policy.
