The meme coins have been cooking something hot for a while, but now their market is being battle garlanded with even more spice. If you thought that Floki Inu (FLOKI) and Pepe Coin (PEPE) were great, then you’re going to want to hear about the new meme coin, Caged Beasts (BEASTS), that’s about to hit the roads.
Floki Inu Is Sustained By Its Loyal Legion Of Vikings
Floki Inu is an increasingly popular meme coin that is glued together at the seams by its passionately loyal community known as the Floki Vikings. Numbering in the thousands, they have propelled FLOKI towards stardom as it creates a name as one of the most hotly-coveted crypto assets in the market.
FLOKI caused a stir in the crypto community when it posted a tweet announcing its plans to launch a cryptocurrency education platform. The platform, named the University Of Floki, aims to cater to the rapidly expanding user base in the crypto sphere, which is expected to reach one billion people by 2025. This initiative showcases FLOKI’s dedication to boosting the practicality and awareness of its native token, $FLOKI, and its overall ecosystem.
Another contributing factor to FLOKI’s recent upsurge is the introduction of new trading pairs on the Crypto.com app. This development creates opportunities for investors to trade FLOKI alongside other well-known cryptocurrencies. The availability of these trading pairs improves liquidity and accessibility, potentially attracting more traders and investors to the FLOKI ecosystem.
Floki Inu has recently revealed a strategic partnership with Binance Pay, and even Binance.US, which is currently under scrutiny, has included FLOKI as an option for gifting purposes.
Pepe Coin Might Not Keep Up With The Others
Lookonchain, a well-known project focused on analysing cryptocurrencies, recently released a surprising update regarding meme coins. According to their report, an address labelled as “0x1497” has supposedly sold an astonishing amount of 972.84 billion PEPE coins for 514 ETH, which is equivalent to a substantial sum of $848,000. This transaction occurred earlier today, with each PEPE coin being sold at a price of $0.0000008718.
The sale of such a massive quantity of PEPE coins has raised suspicions among Lookonchain and its followers. They suspect the involvement of an insider affiliated with the Pepe coin community. This suspicion is supported by evidence from a previous incident in April, which took place before the infamous meme coin saga.
During that time, the same address received 0.58 ETH from the FixedFloat crypto exchange. Interestingly, within just 10 minutes of the coin’s initial trading phase, approximately $58 worth of ETH (0.027 ETH) was promptly utilised to purchase an astounding 2.27 trillion PEPE coins.
As a result of the alleged insider’s recent sell-off, the value of PEPE has further declined, experiencing an additional 2% drop. There were moments when the decline exceeded 5%, creating a pessimistic outlook for the coin’s future.
In the larger context, the PEPE coin has been on a downward trajectory for the past 40 days, reaching its highest value of $0.0000045 after news broke about its listing on Binance, the largest cryptocurrency exchange. Since then, the coin has suffered a discouraging loss of 81% in value.
Could Caged Beasts Be The Best Meme Coin Of The Three?
Let’s redirect our attention to the captivating realm of Caged Beasts (BEASTS), an up-and-coming digital currency that seeks to transform the financial landscape with its decentralised platform for virtual assets. What distinguishes Caged Beasts is its unwavering commitment to transparency and active involvement from the community.
As the project gears up for a significant presale event, it situates itself at the forefront of the meme revolution. Introducing the referral program, a clever method for users to earn additional tokens while spreading awareness about the cryptocurrency. You have the opportunity to bring others on board to invest in Caged Beasts by generating your unique referral code.
And here’s the thrilling aspect: whenever someone uses your code to make a deposit, you will receive 20% of the deposit in popular cryptocurrencies such as ETH, BNB, or USDT. This mutually beneficial structure rewards the referrer and cultivates a vibrant community, along with the potential for an appealing passive income stream.
Caged Beasts
Website: https://cagedbeasts.com
Twitter: https://twitter.com/CAGED_BEASTS
Telegram: https://t.me/CAGEDBEASTS