Top 3 cryptocurrencies under $0.10 to buy next week

2. pepe coin($PEPE)

Pepe Coin ($PEPE) has swiftly gained popularity as a meme coin operating on the Ethereum blockchain since its public launch in April 2023.In a remarkable feat, Pepe Coin achieved a market capitalization exceeding $1 billion within just three weeks, a milestone that took Dogecoin almost four years to reach. Despite experiencing significant price volatility, $PEPE has garnered a substantial and growing community of individual holders.

The original design included a deflationary mechanism, burning a small percentage of tokens with each transaction to introduce scarcity and potentially boost the value of the remaining tokens over time.

Pepe Coin implemented a redistribution system at launch, ensuring that a portion of every transaction goes to existing token holders. 

This mechanism aimed to foster user engagement and incentivize long-term investments. While there have been subsequent changes to the project, the status of the redistribution system’s continuity remains unclear. 

Investors should stay informed about such developments and exercise due diligence when considering participation in projects like $PEPE.

($PEPE 7 days price performance. Source: TradingView)

$PEPE operates with a maximum token supply of 420,690,000,000, with 93.1% initially placed in a liquidity pool and the remaining 6.9% allocated to a multi-signature wallet for future purposes. 

With meme coins gaining popularity in recent years, Pepe Coin has stepped into the limelight. After experiencing a 1.3% increase, it trades at $0.00000130 at the time of writing.

The coin’s trading volume has surged by 163.39% to $396.37 million, accompanied by a 0.37% increase in market cap to $556.38 million.

As anticipation builds for another bull run in early 2024, Pepe Coin could serve as a strategic investment for those expecting potential new highs.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Source: Finbold

To be continued