Is Pepe Coin Price Doomed? Consider Launchpad and Deelance as Top Crypto Options
Enthusiasm for Pepe coin (PEPE), a Pepe the frog meme coin that exploded onto the scene in mid-April and went on to claim a market capitalization of around $1.8 billion at its all-time high, continues to wane.
PEPE was last changing hands in the mid-$0.0000014s, down around 70% form its all-time high price in the $0.000005 area that was hit earlier this month.
The crypto token is threatening a break below key resistance in the $0.0000012-13 area, which could open the door to a drop back towards key support levels from earlier this month around $0.0000009 and $0.00000076.
At the current price, Pepe has a bloated market capitalization of around $600 million.
That limits the potential upside – its hard to see Pepe posting more than 10x gains and becoming more than a $6 billion market cap coin.
Investors might instead want to hunt for low market cap gems that offer a much better chance at posting 10 or even 100x gains.
Investing early in crypto token presales being run by highly promising web3 start-ups has proven time and time again to be one of the most effective way to generate high returns.
Unlike meme coins like Pepe, such projects offer an actual use-case, thus infusing their tokens with utility and real value, something Pepe completely lacks.
But there are so many presale projects to choose from.
Luckily, the team at Cryptonews.com spends a lot of time combing through the presale market to find the best projects.
Here are two of their favorites right now.
Upstart crypto project Launchpad XYZ (LPX) is building a revolutionary, all-encompassing web3 platform that, according to the project’s Whitepaper, aims to make the highly “fractured and intimidating” web3 space more easily accessible.
Launchpad XYZ’s all-encompassing platform
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