PEPE Vs FLOKI: Who Will Hit $0.001 First?

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As an experienced analyst, I have closely followed the cryptocurrency market and its trends for several years. Based on my analysis of the given information regarding PEPE and FLOKI, I believe that PEPE has a higher potential to reach $0.001 first between the two meme coins.

As an analyst, I’ve observed Pepe Coin’s consistent price growth even amidst the somewhat bullish market conditions. However, the burning question remains: Will PEPE‘s momentum continue, or is this just another flash in the pan following its dramatic decline last year? The answer to that query could significantly impact investors’ decisions.

PEPE Price Analysis

As a crypto investor, I’m excited to share that Pepe Coin has been leading the pack in May due to its impressive rally over the past few days. The meme coin has set a new all-time high record of $0.00001535, which is only second best in terms of peak prices this month, and there’s a strong possibility that even higher peaks are on the horizon given its bullish nature. Currently, Pepe Coin is trading at $0.00001436 with a market capitalization of $6.02B, placing it among the top 20 cryptocurrencies on CoinmarketCap. Additionally, Pepe Coin ranks seventh in terms of transaction volume, with a staggering $4.06B traded within its ecosystem.

PEPE Vs FLOKI: Who Will Hit $0.001 First?

PEPE hit its all-time low at the time of its launch, but it never sank back to those depths. Following its debut, PEPE experienced significant growth, but these gains were short-lived. Within a year, however, PEPE bounced back, setting a new all-time high (ATH) that was three times greater than its previous ATH. The same pattern is repeating itself currently.

FLOKI Inu Price Analysis

FLOKI Inu is the third most popular dog-themed meme coin which stands correct with its demand and value in the market. At the time of writing, the FLOKI price is $0.0002166 after a 10% recovery this month. The meme coin is attempting a recovery after its fall to a down of $0.0001695 at the beginning of this month. Moreover, it’s ranked 53rd for its market cap of $2 Billion and trading volume of $580 Million.

PEPE Vs FLOKI: Who Will Hit $0.001 First?

As a researcher studying the cryptocurrency market, I’ve observed that while PEPE has consistently performed well in recent days, FLOKI hasn’t been at its best. Its peak was reached three years ago when it hit an all-time high of $0.0003437. In March 2024, FLOKI attempted to regain this height and managed to reach a high of $0.0002964, but it ultimately failed to hold on to those gains. Currently, FLOKI is only 35% below its all-time high, indicating that there’s still potential for this meme coin to experience significant growth.

Who Will Hit $0.001 First Between PEPE & FLOKI?

Since its debut in 2021, FLOKI has experienced a staggering growth of 5,936%, surpassing current levels. In comparison, PEPE underwent an impressive surge of 24,597% within the past year. These numbers suggest that PEPE delivered a greater percentage increase in value. Nevertheless, it’s important to note that FLOKI has already exceeded its target price of $0.001 and is now closer to reaching its goal than Pepe Coin.

Meme coins FLOKI and Pepe coin have gained significant attention from crypto investors, as indicated by their price histories. Notably, FLOKI demonstrates more stability in comparison. On the other hand, Pepe Coin boasts an enormous total supply of 420 trillion tokens. While FLOKI also has a considerable supply of 9 trillion tokens, its smaller size is advantageous.

In summary, under favorable market circumstances, each meme coin has the potential to reach a value of $0.001. Nevertheless, due to current price trends – with FLOKI experiencing difficulties and PEPE consistently gaining ground – it seems more likely that PEPE will hit $0.001 before FLOKI does. However, if a bull market emerges, FLOKI could outpace PEPE in this competition.

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2024-05-24 12:02