Pepe is enjoying continued success as it is up 17% today and is currently trading at $0.00001064.
Meanwhile, multi-chain meme coin Smog is also gathering pace, pumping 44% and claiming a market cap of $200 million.
Pepe soars, but analysts expect more ahead
Pepe has been a huge success lately, pumping up 17% today, 55% this week, and 853% this month. But analysts think there's much more gas in the tank and predict epic gains to come.
The current price is $0.00001064 and the current market cap is $4.4 billion.
The recent rally came after Elon Musk said Tesla would someday accept Dogecoin payments for Tesla cars. Although Pepe was not directly involved, the news ignited a memecoin frenzy. Currently, the market capitalization has increased by 8.29% and is now $66 billion.
Looking at Pepe's price chart, analysts see the recent increase as a gateway for further growth, reinforcing the recent uptrend.
“This is an early inning of a parabola, there is no doubt in my mind,” said Bitcoin CEO Max Schwartzman.
Max has been a prominent player in predicting Pepe's recent growth, speculating that it could reach as high as $0.00011 in the coming weeks.
In a previous tweet, the analyst compares Pepe to Dogecoin. suggest That Pepe follows “a hard and fast version of what Doge did in 2020-2021.”
Meanwhile, analyst James Wynn commented on Pepe's recent ass. Note I'm guessing that you've “entered price discovery” and that this could be “where we flip.”
Admittedly, this is ambitious considering Shiba Inu's market cap is almost four times higher than Pepe's. However, the tweet was well-received with 217 likes and 39 retweets, reflecting the considerable bullish sentiment behind the frog-based cryptocurrency.
But Pepe isn't the only meme coin enjoying monumental success.Future plans
Dragon-themed meme coin Smog is also on the rise, pumping over 44% today and recently surpassing the $200 million market cap milestone.
Multi-chain smog surge 44% “largest airdrop in history”
Performing the “largest air drop in history,” the new Crypto Smog is taking an unorthodox approach to meme coin domination.
With 35% of the total supply to Smog Airdrop, market participants are ahead of a tremendous opportunity if they qualify.
While simply purchasing and holding Smog is the first step in eligibility, holders can also complete the tasks outlined on the project's Zealy page to increase their chances of success.
AirDrop's eligible tasks are geared towards spreading the word of smog, enhancing community growth and price performance.
Additionally, Smog is available on Solana and Ethereum, exposing it to the two largest on-chain meme coin markets.
These factors have led to unwavering success, with smog pumping 44% today and 485% this month.
Currently, the market capitalization is $204 million. This puts Smog in a unique position to break the shackles of a diluted low-cap market and maintain significant upside potential to capture the industry's top dogs.
So there was no shortage of big-name analysts rallying behind the project. One of them is Matthew Perry. He recently speculated to his 210k YouTube subscribers that he “might be the king of Solana Meme Coins.”
Smog is currently offering a 10% discount to investors who purchase on the project's website. However, you need to act fast because this offer ends soon.
Visit the Smog website
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