Memecoin holders continue to command attention amongst crypto investors and researchers. Many want to know whether this crowd will keep following hype or pursue utility. Pepe (PEPE) and Floki (FLOKI) markets have come into focus as they embody newer approaches to memecoin investing. Let’s understand how 1FUEL’s rise could influence them amidst a broader 50X market move.
Pepe (PEPE): The ever-competitive memecoin newbie
PEPE’s market cap is down again, sliding by roughly $230 million in the last few days, according to CoinMarketCap. We can partly attribute this to the emergence of several copycat memecoins with “PEPE” in their name. This PEPE news trend works in two ways.
On one hand, some extremely speculative PEPE holders branch out into these coins, knowing well that they are fakes but hoping to capitalize on the hype in a quick gamble. On the other hand, some loyal PEPE holders see the emergence of copycats as a time to exit the market.
They believe that this signals a near top and that these coins will suck liquidity from PEPE, so they try to get out while it’s still high. Additionally, PEPE news occasionally includes the continued row between PEPE and Pepe Coin, an earlier coin that some see as having more utility but with less luck in attracting investment.
Floki (FLOKI): The memecoin for on-the-ground innovators
You might already know about FLOKI’s on-chain efforts, like the coming Valhalla gaming project, the FlokiFi Locker and TokenFi sister token available on PancakeSwap and Uniswap. However, did you know that FLOKI has also made serious moves off-chain? The project recently partnered with the World Tennis League.
This could expose their mission to a whole new market segment scattered worldwide. Sports fans can be quite loyal and tend to adopt the brands they associate with the success of a team or league, so FLOKI is on a great path here.
The FLOKI team also partnered with Sri Lanka Cricket for their New Zealand tour. This is another partnership that taps into a totally different demographic and bodes well for adoption. Such partnerships also give the FLOKI project more legitimacy.
1FUEL (OFT): The long-awaited DEX renaissance
1FUEL‘s budding exchange and wallet project could trigger an exponential move in the PEPE and FLOKI prices. Remember, the 1FUEL wallet service will be tied to a crypto debit card that PEPE and FLOKI holders can use to spend their coins wherever bank cards work.
As more DeFi projects pop up on different chains, 1FUEL’s cross-chain trading capabilities will come in handy for PEPE and FLOKI holders. They’ll be able to run arbitrage trades and capitalize on other opportunities involving interest payments. This is because 1FUEL’s AI-powered features will enable them to get in and out of markets at breakneck speeds.
1FUEL’s P2P exchange features will also help them easily exit illiquid markets and double down on the PEPE and FLOKI markets by finding individuals to trade with directly.
Why you should join the 1FUEL presale
The 1FUEL presale has already sold 32.4% of its stage four tokens at $0.018 per token, indicating healthy demand. The project also recently offered additional bonuses for reaching specific milestones. So, investing now could put you in line for other rewards further down the road.
Conclusion: Will 1FUEL carry PEPE and FLOKI into a 50X rally?
1FUEL’s AI-powered features could massively improve how PEPE and FLOKI holders take advantage of price discrepancies in different markets. The default cross-chain trading capabilities mean they can do this on a much larger scale as more chains become interconnected. This is why you should go on a 1FUEL shopping spree since the upside for trading rewards could keep increasing as more chains connect to the platform.
To Find Out More About The 1Fuel Presale Use The Links Below:
Website: https://1fuel.io/
Telegram: https://t.me/Portal_1Fuel
Twitter / X – https://x.com/1Fuel_
