While the cryptocurrency sector hasn’t gained serious momentum recently, certain tokens can experience different uptrends independently. Notable examples in the past months were PEPE, FLOKI, and BOB. These leading memetokens temporarily froze time in the sector with their personal rallies, making everyone focus on them. However, it seems that this situation has led to the implementation of different scenarios, and now a “triple threat” is rapidly growing.
The New Wave of Meme Coins Like PEPE, FLOKI, and BOB
New tokens, also known as Meme Coin 2.0, are being introduced as new versions or clones of previous ones. The most recent and significant examples are PEPE 2.0, FLOKI 2.0, and BOB 2.0. This trio, which gained popularity overnight, can be more dangerous than thought but can be advantageous for those who know how to use them. In the Meme Coin 2.0 frenzy, tokens with already low market value are introduced into the market with even lower market values. This gives the impression that those who missed the meme coin rally can join the new one.
Clone coins became quite popular last week, reaching a trading volume of millions of dollars. However, there may be a significant danger here. In previous years, copies of meme coins such as Grime Coin were introduced to the market, which initially made a high volume but later hit rock bottom. PEPE 2.0 is currently the most popular among clone coins, and the price is highly volatile. According to data shared by Bubblemaps, only a few wallets hold all PEPE 2.0 liquidity, and these control the entire market. This is seen as a significant danger and risk to those who buy PEPE 2.0, FLOKI 2.0, and BOB 2.0 with great dreams.
The Story of SHIB Coin Could Be an Example
Shib coin, a competitor to Dogecoin, initially entered the market in the same way, but it is known to have achieved long-term success. Therefore, there is no guarantee that every clone coin released to the market will vanish in the short term, and some may indeed experience a meme coin rally.
