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While the meme coin sector has thrived this year, Pepe has provided some of the most substantial returns.
It is currently up over 600%, and many investors who bought in its early stages have generated even more returns
With that in mind, let’s explore three meme coins that could be the next Pepe.
Pepe Unchained
Pepe Unchained is a Pepe-inspired meme coin with a twist.
It’s the first-ever Pepe token to have its own layer 2 blockchain.
The Pepe chain comes with a native bridge to Ethereum, enabling users to seamlessly move assets between the two chains.
The network will provide significantly cheaper transactions and is 100x faster than the Ethereum main network.
Pepe Unchained is a meme coin and a home for meme coins.
It’s the epicenter of crypto’s technological and cultural revolutions.
And it offers staking. Users can lock their $PEPU in the project’s smart contract and garner approximately 2,000% APY.
Indeed, this will fall as more tokens are staked, so those seeking to maximize their upside should act fast.
The project is currently undergoing a presale, and it has raised $1 million so far.
Traders can buy $PEPU for $0.0080964, but this price will rise throughout the presale. The next increase will occur in two days.
Apu Apustaja
Apu Apustaja is another Pepe-themed cryptocurrency. While it doesn’t have the same utility-centric allure as Pepe Unchained, it does have a strong memetic pull.
Per its website, APU is “used to represent a much younger, kinder, and more naive anthropomorphic frog.”
The project is referring to the alleged connection between Pepe and controversial political views.
Coinbase underscored this political leaning in an email it sent to its users in 2023.
Although it backtracked on the statement in an apology letter, there remains speculation that this is why Coinbase has yet to list Pepe.
As such, Apu Apustaja’s “kinder” approach may pique Coinbase’s interest while appeasing other meme coin enthusiasts.
APU is currently priced at $0.0004691, down 13% this week and 44% this month. However, it remains up 650% since CoinMarketCap data began in March.
The project holds a $143 million market cap and a $15 million 24-hour trading volume.
Michi
While it could be a frog-themed meme coin that becomes the next Pepe, the cat trend is also gaining pace.
One of the top prospects is Solana-based meme coin Michi.
It has been widely endorsed by prominent meme coin traders, including Ansem, and its price has shown considerable strength this week.
While many other meme coins are in the red, Michi is up 17% today and 48% this week.
It is currently priced at $0.1964, has a $109 million market cap, and has a $13 million 24-hour trading volume, down 48% today.
One of the draws to Michi is its “Michi Maker,” which enables community members to make their own memes with customizable attire for the Michi cat mascot.
Michi’s team often uses this feature to create on-trend memes relating to worldly or industry-related topics.
free! #assange pic.twitter.com/faBWRCdi0w
— michi (@michionsolana) June 25, 2024
Its website also calls the mascot “the most memeable cat on the internet.”
