The rates of meme tokens launched in mid-April have doubled or even more. Cryptocurrency Pepe (PEPE) has risen in price by 309% in a day, Wojak (WOJAK) – by 120%, and ArbDoge AI (AIDOGE) – by 170%, writes RBC Crypto.
Pepe, a new token on the Ethereum blockchain, was named after the popular meme character, Pepe the Frog. In less than five days after its launch, its market capitalization reached $115 million, making it the sixth most valuable memcoin, according to data CoinGecko.
Pepe’s trading volume exceeded $96 million in 24 hours. Most of the trading took place on decentralized exchanges such as Uniswap. Large centralized crypto exchanges also announced the listing of Pepe – token trading on Hotbit started April 17, on Huobi they were open April 18, Bidget also announced about adding Pepe and Wojak to the innovation zone from April 18th.
The Wojak token, named after another popular meme character, was launched on April 17th. Its market capitalization rose to $15.9 million in just a day. The token is traded on Bidget, MEXС, Uniswap and other platforms.
arbdoge AI, launched On April 10, in the Arbitrum network as free experimental gaming tokens for Arbitrum (ARB) airdrop recipients, the price has also risen significantly over the past 24 hours – by 170%. It has a trading volume of $5.4 million and a market capitalization of $65 million according to CoinMarketCap. ArbDoge AI trades on Bitget, MEXC, Huobi, DigiFinex, Gate.io, and many other exchanges.
Meanwhile, the rate of Dogecoin (DOGE) has not changed in a day. At 10:00 Moscow time on April 19, the token is trading at $0.09. But on April 20, fans of the most famous meme cryptocurrency celebrate the day of the coin – Dogeday. The DOGE community suggests that on this day or in the run-up to it, the price of the altcoin may rise, as happened in 2021. Exactly 2 years ago, the coin rate reached a new high at $0.32.
Source: Cryptocurrency
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