PEPE Outperforms Bitcoin In Social Media Buzz, Triggers Bullish Run For Frog Coin

Christian Encila

2 years ago

3 mins read

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Pepecoin (PEPE) has recently gained significant attention on social media platforms, outperforming Bitcoin in terms of buzz and hype.

As the cryptocurrency market continues to evolve rapidly, the power of social media in driving prices and market sentiment cannot be underestimated.

With Pepecoin generating a surge of interest and excitement among investors and traders, the question now arises: could this trigger a renewed bullish run for PEPE?

Pepecoin, named after the popular Pepe the Frog meme, has emerged as a promising new player in the cryptocurrency space. Its community-driven approach and unique branding have attracted a loyal following, which has helped it gain traction on social media platforms like Twitter and Reddit.

Pepecoin (PEPE) Emerges As A Social Media Darling

Pepecoin (PEPE) has taken the cryptocurrency world by storm, surpassing Bitcoin and other popular digital assets in terms of social media buzz. This newfound attention has triggered a surge in discussions and mentions of PEPE on various social media platforms, as tweeted by LunarCrush, a leading social analytics platform.

TRENDING

🐸 $pepe is now leading social engagement activity, even higher than #bitcoin at the moment.

This metric indicates extremely heavy community participation in social posts, measured by likes, retweets, comments, bookmarks, influential account participation, and more.… pic.twitter.com/5omzcenzKN

— LunarCrush (@LunarCrush) May 13, 2023

The platform’s data reveals that PEPE has emerged as the frontrunner in social engagement activity, outperforming even Bitcoin and Shiba Inu (SHIB) in this metric. While Bitcoin claimed the second spot, Shiba Inu lagged behind in seventh place.

With millions of users actively discussing and sharing information about digital assets, social media platforms have become breeding grounds for hype and speculation.

LunarCrush’s data indicates that PEPE has managed to capture the attention and enthusiasm of crypto enthusiasts, generating a significant level of social engagement. This surge in online activity suggests that investors and traders are closely monitoring PEPE and may be considering it as a potential investment opportunity.

PEPE Price Struggles To Move Up Despite High Social Engagement Activity

Despite the high levels of social engagement and buzz surrounding Pepecoin, the cryptocurrency has seen a dip in its price over the past few days. CoinGecko reports that as of this writing, PEPE’s price stands at $0.00000175, which marks an 8.7% decrease in the past 24 hours.

Moreover, over the past week, the cryptocurrency has seen a significant decline of 29.0%, highlighting a bearish trend that may have shaken the confidence of some investors.

BTCUSD reclaims $27K region on the daily chart at TradingView.com

The decline in PEPE’s price is particularly noteworthy given the recent surge in social media activity surrounding the coin. While it is too early to say what the future holds for Pepecoin, the current bearish trend may signal a correction after the initial hype surrounding the coin.

-Featured image from F1

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.