Meme coins PEPE and BRETT surge after exchange listing, with Pepe Unchained and Base Dawgz gaining attention as potential next big meme coins.
Meme coins are playing an increasingly prominent role in the 2024 cryptocurrency market. Two recent additions to this sector, Brett (BRETT) and PEPE, have garnered significant attention following their listing on Upbit, South Korea's largest cryptocurrency exchange.
The exchange has added USDT trading pairs for these two coins, with Brett operating on the Base network and PEPE on the Ethereum network.
Following the listing announcement, PEPE experienced a noticeable price increase, rising by 11.55% to $0.000008053. This marked the first time in a week that the token had shown positive price movement.
Despite this boost, PEPE’s price later settled at $0.000007689, reflecting a 0.8% decline over the past 24 hours.
As Brett and PEPE make waves in the market, attention is turning to two other meme coin projects that could be next to see significant movement: Pepe Unchained ($PEPU) and Base Dawgz (DAWGZ).
Both projects have emerged as notable players in the meme coin space, each bringing unique features and strategies that could position them for similar success.
The Evolution of the Meme Coin Market
The resurgence of the meme coin market in 2024 has been one of the most surprising trends in the crypto space. What began as a novelty sector filled with coins primarily created for humour has evolved into a market segment with real substance and utility.
This transformation has opened the door for projects like Pepe Unchained, which aims to build on the legacy of its predecessor, Pepe Coin (PEPE).
Pepe Coin (PEPE) played a pivotal role in revitalising the meme coin market in 2023, a time when the sector was at its lowest ebb. New meme coin projects were scarce and existing ones were losing value rapidly.
Then, seemingly out of nowhere, Pepe Coin surged by thousands of percent, turning early investors into millionaires overnight. This rapid rise rekindled interest in meme coins and led to a flurry of new projects, breathing new life into a market that many had written off.
Pepe Unchained: Building on a Legacy
Pepe Unchained ($PEPU) seeks to capitalise on the momentum generated by Pepe Coin. Unlike its predecessor, Pepe Unchained is not content with being just another meme coin. The project aims to “unchain” Pepe, allowing it to reach its full potential by leveraging Ethereum’s network and possibly even creating its own chain in the future.
This strategic move could provide the project with the flexibility to expand its ecosystem, potentially hosting other tokens or meme coins.
The advantages of this approach are clear. By building on Ethereum, Pepe Unchained can offer faster transactions and lower gas fees, both of which are crucial for attracting and retaining investors.
INVEST IN $PEPU EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
Additionally, the project’s staking program offers substantial rewards, with over 797 million $PEPU tokens already staked by investors. The estimated annual rewards stand at an impressive 201%, making it an attractive option for those looking to earn passive income.
As of now, the price of 1 $PEPU is $0.0092364 and the project’s presale has already raised over $9.9 million. This rapid fundraising suggests strong investor confidence in the project’s potential. With the presale accelerating in recent weeks, raising more than $2 million in just two weeks, it’s clear that Pepe Unchained is generating significant interest within the crypto community.
Base Dawgz: A Multichain Approach
While Pepe Unchained is focused on building its own chain, Base Dawgz (DAWGZ) is taking a different approach by embracing a multichain strategy. Base Dawgz operates across several blockchains, including Base Chain, Ethereum, Solana, Binance Smart Chain and Avalanche. This multichain functionality allows the project to tap into liquidity from various on-chain markets, potentially enhancing its chances of widespread adoption.
Base Dawgz has already made a strong impression during its presale phase, raising $2.9 million to date. The presale remains open for a limited time, offering investors the opportunity to get involved before the tokens are listed on exchanges.
The project’s unique theme, inspired by Top Gun, adds a dynamic and adventurous spirit to its branding, which has resonated with a broad range of investors.
One of the standout features of Base Dawgz is its staking program, which offers an impressive 806% annual percentage yield (APY). This high yield is designed to attract investors seeking substantial passive income, further boosting the project’s appeal.
In addition to staking, Base Dawgz has implemented a tokenomics-driven approach to community engagement and risk mitigation. The project’s $DAWGZ token distribution is carefully allocated to support liquidity, marketing and community rewards, ensuring sustainable growth.
The project’s marketing initiatives include partnerships with key opinion leaders (KOLs) and various promotional activities aimed at increasing awareness and attracting new investors.
Community rewards, such as airdrops and meme contests, encourage active participation and foster a sense of ownership among token holders. These strategies are designed to build a strong and engaged community, which is essential for the long-term success of any meme coin project.
The Future of Meme Coins: What’s Next?
As Brett and PEPE continue to ride the wave of their recent exchange listing, the spotlight is now on Pepe Unchained and Base Dawgz.
Both projects represent the next generation of meme coins, offering innovative features and strategies that set them apart from their predecessors. While the meme coin market remains highly volatile, the success of these projects could signal a new era for this once-niche sector.
Whether Pepe Unchained and Base Dawgz can replicate this success remains to be seen, but both projects have laid the groundwork for potentially significant growth in the coming months. Investors and crypto enthusiasts alike will be watching closely to see how these projects develop and whether they can live up to their ambitious goals.
