Baby Doge 2.0 Pumps Over 100% with Dogecoin Price Also Bullish – Traders Think Evil Pepe Coin Could be Next to Explode
It’s been a hectic few days in the meme coin market, with Baby Doge 2.0 exploding by over 100%.
At the same time, the original Dogecoin has seen an uptick in momentum, with the coin’s price breaching the $0.07 level.
Traders are also turning to the brand-new meme token Evil Pepe Coin, drawn to its intriguing concept and potential for explosive growth.
Baby Doge 2.0 Takes Meme Coin Market by Storm With Huge Pump
Baby Doge 2.0 ($BABYDOGE2.0) is a new token that mimics the original Baby Doge Coin, itself inspired by Dogecoin.
Like many of the “2.0 tokens” that have flooded the market, Baby Doge 2.0 has seen an impressive start to its life cycle, with the token’s price soaring over 100% in the past few hours.
In its first few hours of trading, data from DEXTools shows that the token has hit a market cap of $1.41 million, with over $100,000 locked in the liquidity pool.
As the token continues to gain momentum, traders and investors are eagerly monitoring its performance – speculating whether it could match (or exceed) the gains made by the original Baby Doge Coin.
Dogecoin Rallies Over 5% as Social Media Hype Builds
While the new Baby Doge 2.0 token is generating buzz, the OG meme coin that started everything is back on a positive trajectory.
In the past two days, Dogecoin ($DOGE) has risen over 5% and reclaimed the $0.07 level.
This surprise rally comes on the heels of a turbulent period for Dogecoin, which sank to a low of $0.0636 last week.
However, $DOGE bulls have retained their faith in the token and been rewarded with stellar gains.
With data from ApeWisdom highlighting that mentions of $DOGE are up 27% on social media over the past 24 hours, it’s clear there is growing excitement around Dogecoin as it shows signs of producing a sustained uptrend.
Could These Meme Coins Be Next to Explode?
As Baby Doge 2.0 and Dogecoin continue grabbing the attention, investors are already seeking the next wave of meme coins that could be poised to explode.
Two meme coins that have emerged as viable candidates in this regard are Evil Pepe Coin and Burn Kenny – both of which are already attracting huge attention from the meme coin community.
Evil Pepe Coin Explodes Onto the Scene & Emerges As the Next Big Meme Coin Project
Coming hot on the heels of its famous namesake, Evil Pepe Coin ($EVILPEPE) has emerged as a force to be reckoned with in the exciting crypto presale sector.
Boasting innovative tokenomics and rebellious branding, many early investors believe it could follow the impressive trajectory set by the original $PEPE.
The $EVILPEPE supply is capped at 6.66 billion tokens, with 10% dedicated to DEX liquidity.
More importantly, this liquidity is locked for one month after $EVILPEPE makes its DEX debut – adding a layer of security and trustworthiness that is already attracting meme coin investors.
Another factor contributing to the buzz around Evil Pepe Coin is its indirect association with the original Pepe coin, which saw a jaw-dropping 10,000% price spike in May.
This connection will likely attract $PEPE fans while intriguing new investors who are looking for the next meme coin sensation.
Those looking to participate in the Evil Pepe Coin presale can buy tokens for just $0.000333 using $ETH or $USDT.
$EVILPEPE’s low price has turned heads in the crypto space, with YouTube analyst Jacob Bury speculating that it could be the “next Pepe coin.”
With its innovative tokenomics, hype-building branding, and low presale price, Evil Pepe Coin has emerged as a meme coin that could potentially deliver market-beating gains for early adopters.
Burn Kenny is Another Meme Coin to Watch as it Readies for Huge Presale Launch
Another new token that’s making waves in the meme coin scene is Burn Kenny ($KENNY).
Inspired by South Park’s Kenny McCormick, the token combines humor, pop culture, and cryptocurrency in a unique way – priming it to draw attention from the masses.
Designed as a deflationary token, $KENNY has a burn mechanism that will destroy 30% of the total supply in the first three days after the scheduled DEX launch.
This approach is poised to boost $KENNY’s value, assuming that investor demand remains the same (or increases).
Alongside the burn mechanism, Burn Kenny’s whitepaper notes that 40% of the total token supply will be used for exchange liquidity.
By taking this approach, the developers aim to create a stable trading environment for $KENNY once it makes its DEX debut.
Currently, Burn Kenny is gearing up to launch its presale phase, which is set to go live at 6pm CET today.
Given the enormous success of $KENNY’s predecessor, Mr Hankey Coin ($HANKEY), the hype is already building ahead of the token’s presale launch – hinting that it could be the next meme coin to shake up the market.
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