New Meme Coin $PEEN Witnesses 335% Surge Within its First 15 Minutes of Trading

March 8, 2024
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2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

New meme coin $PEEN surges 335% within its first 15 minutes of trading, capitalising on the current meme coin trend.

New meme coin called $PEEN has emerged, experiencing a notable surge in its price shortly after its launch. 

On Tuesday, 5th March 2024, $PEEN saw its price skyrocket by 335% within the first 15 minutes of trading, sparking interest among investors and traders alike.

The surge in $PEEN's price comes at a time when meme coins are gaining traction as assets, drawing attention from retail investors seeking high returns. 

Unlike traditional cryptocurrencies, meme coins often rely on humour and virality to attract attention, with $PEEN being no exception. Its irreverent approach and shock value have contributed to its rapid rise in popularity.

$PEEN is currently available for trading on decentralised exchanges (DEXs), with Uniswap being one of the platforms where it can be accessed. However, investors need to exercise caution to ensure that they are trading the authentic $PEEN token and not falling victim to fraudulent imitators seeking to capitalise on its success.

The surge in $PEEN's price has prompted comparisons to other meme coins like Shiba Inu, which have experienced exponential growth in recent years. 

PURCHASE $PEEN NOW WITH WETH, ETH, DAI AND MORE

With a market cap of $500,000 and a total supply of 800,813,569 tokens, $PEEN has positioned itself as a high-reward investment opportunity.

In recent months, the cryptocurrency market has seen a surge in meme coin activity, with tokens like Shiba Inu, Smog and BONK attracting widespread attention. The success of these meme coins has fuelled investor interest in similar projects, contributing to the proliferation of new tokens like $PEEN.

TRADE $PEEN ON UNISWAP OR KHYBERSWAP

In a related development, Solana-based meme coin $SMOG experienced a 63% surge in the past 24 hours, reaching new all-time highs amidst Bitcoin's correction. The surge in $SMOG's price has drawn comparisons to other popular meme coins like Shiba Inu, attracting investor interest and highlighting the ongoing popularity of meme coins in the cryptocurrency market. 

Additionally, Solana's decentralised exchanges have witnessed notable increases in trading activity, with trading volume surging to new highs.

With the possibility of a CEX listing and as growth continues in these very early stages, $PEEN is positioned to continue skyrocketing, offering investors an opportunity to buy $PEEN at its early price point.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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