By Guest Writer •
Published: 10 Jun 2023 • 12:00
For quite some time, the meme coin arena has been raining cats and dogs, literally. Pepe Coin (PEPE), however, arrived just as the market was in need of new meme-based crypto assets. However, PEPE’s path has not been without obstacles. It soared to incredible heights yet also experienced painful lows that left investors nursing bruises.
Now, investors can’t help wondering if it’s truly the end for PEPE. Should we once again trust in Dogecoin’s (DOGE) might? Or should we rally behind the fiery uprising ignited by the Caged Beast (BEASTS)?
PEPE is a new crypto asset that debuted in April, inspired by the legendary ‘Pepe the Frog’ meme. Unlike other meme coins like Dogecoin, PEPE stood out as a unique and fast-rising gem. True enough, it secured listings on major exchanges like Binance’s Innovation Zone, which is known for its reserved nature against temperamental cryptos.
Throughout its one-month-and-a-half run, $PEPE caught the attention of big-time crypto whales. But sadly, things aren’t looking too good lately, as it has dropped a staggering 70.90% from its all-time high in May.
Glauber Contessoto, aka the “Dogecoin millionaire,” recently announced on Twitter that Pepe Coin is officially dead. Surprisingly, @CryptoJesus had a different reaction and teased a comment, expressing interest in buying more $PEPE. He even compared Contessoto to Jim Cramer from CNBC’s Mad Money, who used to ride the Bitcoin wave but now throws shade at Bitcoin and other major cryptos.
Despite all this, let’s not forget that PEPE has reached a market cap of $1.5 billion in less than a couple of months. This is quicker than Dogecoin did, which took four painful years to hit $1 billion!
Dogecoin, the meme coin pioneer, started out as a joke to poke fun at serious cryptos like Bitcoin and Litecoin. But DOGE didn’t get famous until the business mogul, Elon Musk, SpaceX and Tesla’s CEO, started showing love for the coin. This is why he was dubbed the “Dogefather.”
Since then, Musk has helped the coin surge. A great example is his recent changing of the Twitter logo to the coin’s emblem. Shortly after this, $DOGE shot up by 30%!
Due to Elon Musk’s massive influence, on May 31st, DOGE investors filed a class action lawsuit against him. Calling out the second richest person in the world as per Forbes, claimants believe he pumped $DOGE by a whopping 36,000% in just two years, only to let it crash later on.
Notably, Dogecoin is down 90.28% below its all-time high. Despite all this, the Dogefather seems optimistic that he’s going to come out on top and thereafter help the coin rally once more.
As mishaps and issues pop up in the crypto world, investors look for newer crypto assets. Enter Caged Beasts, a growing movement that seeks to disrupt the traditional boundaries of meme coins.
But BEASTS isn’t your average crypto. Like a Matryoshka doll, BEASTS has many layers. The first one aims at empowering its community and capturing further traction.
Its second layer aims at generating massive wealth for everyone, especially wise users who dive in during its early stages. But deep down, at its core, BEASTS is out to get revenge on those mean humans who kept them locked up in the old centralised system!
Embroiled with rage, Caged Beasts seeks solace in the sustainable Ethereum network. BEASTS is yet to unleash all its potential, but until then, it is collecting people’s email addresses to let them in on the action plan.
It is also giving out special perks to users who spread the word. As such, a 20% bonus goes to the user who created the code and invited users to join the uprising, and another 20% to the brave soul who joined the cause.
The crypto world is a massive survival of the smartest. Will you choose to get involved in all the chaos that is Pepe Coin and Dogecoin? Or will you embark on a more rewarding path, aiding Caged Beasts as they strive to amass fortunes and regain control? Deep down, you already know the right choice.
Join Caged Beasts’ Email List
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Download our media pack in either English or Spanish.