In the dynamic landscape of cryptocurrency, meme coins have been gaining traction with a surprising intensity, creating fortune forecasts that some might slight as over-ambitious theatrics. Among the recent players in this market, Evil Pepe coin has stepped into the light, following the remarkable path carved by its predecessor, the original Pepe coin.
Riding along the continuing wave of meme coin enthusiasm, the Pepe sibling – Evil Pepe, got quickly listed on Uniswap and experienced a price surge of 100% in mere minutes, a profit monster delighting early investors. To put these giddy expectations in context, the original Pepe coin achieved an astronomical 73,500% gain from its listing price on Uniswap till its all-time high recorded on May 5. This conjured a buoyant belief that Evil Pepe might also feature similar extraordinary gains, turning wary watchful eyes into eager participants in the meme coin carnival.
Remember, buyers who held onto their Pepe meme coins after purchasing at the list price are cherishing returns upwards of 20,000%. The shift of wealth following a round of profit-taking by presale buyers has now paved the way for a swell of fresh funds, setting the stage for another price surge.
Evil Pepe is certainly not without its champions. High-profile crypto influencers like Crypto Tony, enjoying a Twitter following of 326k, have openly shown their support, potentially catalyzing the mass market movement. With a total token supply of 6,660,000,000, of which 90% has been made accessible for the public during the presale, Evil Pepe threw a fair decentralized ICO game, devoid of any large-scale post-list dumper. These facts, coupled with a 3-month liquidity lock on 10% of the token supply demonstrate transparency, commitment, and remove any fears of exploitation by developers.
Evil Pepe is currently priced at $0.000333 with a market capitalization of $2,217,780. It aspires to a lofty near-term goal of $100 million market cap, a 5000% gain from the current standing. While these predictions may seem dauntingly optimistic, they’re within reach considering Pepe’s market cap of $514 million and Pepe 2.0’s peak of nearly $97 million.
It is prudent to bear in mind that crypto remains a high-risk asset class. As bandwagons go, the Evil Pepe play also comes with a caveat – invest only what you can afford to lose. The history of Pepe coins elicits millionaires-overnight fairytales, but it’s worth heeding the voices of vloggers like Michael Wrubel, as they navigate the roads of crypto investing – breaking down complex market trends and driving you towards informed decisions about potential lifechanging trades such as buying Evil Pepe.
Source: Cryptonews