Pepe holders transfer their funds to a new crypto token

Last Updated: February 27, 2024, 7:58 PM EST | 2 minutes of reading

Following Pepe Coin’s (PEPE) 40% price rally on Tuesday, Pepe holders who are making profits are moving their funds to a new crypto token for potential 100x gains.

PEPEs A sharp rebound to its highest levels since last May comes after breaching key resistance at $0.00000188.

Just above $0.0000026, PEPE’s market cap was around $1.1 billion.

PEPE may soon return to all-time highs in the $0.0000045 area, which is 70% higher than current levels.

However, as Pepe is now a billion dollar coin again, his upside potential is increasingly limited.

At least that’s the view of many. piece of money investors looking for 100x gains will take it.

To get 100x gains, meme coin investors prefer to look for smaller, lesser-known coins with low market capitalization.

One such token that some analysts might attempt to post 100x gains on is a recently launched coin called Frogwifhat ($FWIF).

Here’s why Pepe holders are moving their funds to this new crypto token.

Why Pepe Holders Are Shifting Their Funds to New Crypto Frogwifhat ($FWIF)

A just launched meme coin called Frogwifhat (FWIF) could be the next 100x meme coin.

The token launched on Uniswap on Monday and reached a market capitalization of up to $4 million within hours.

Investors now have the opportunity to buy the dip, with the token returning to a price of around $0.0018 and a market cap of around $800,000 thereafter.

A reading of frogwifhattoken.com The website shows that the coin was designed to reflect the success of Dogwifcoin, Bonk, and Smog, and there are even rumors that the coin’s founders could be the same ones behind the coins’ other successes even mentioned above.

Potential buyers should do their own research, but the piece has a lot to like.

For starters, over $3,230,000 in cash was frozen. This is an important consideration for coins listed on DEXs.

Blocked liquidity means there is no chance of there being a draw, where the project team steals funds from token holders.

Forgwifhat was also launched in a fair way, meaning that all 1 billion tokens were immediately available on the open market.

No allocation of tokens for the development team or for “marketing” purposes reduces the risk of token dumps.

Frogwifhat aims to follow in the footsteps of other pieces in that it is an animal with a hat, but this time it is a frog with a beret, the beret of course being a staple of the French culture.

Check out Frogwifhat on DEXTools here

How to buy FWIF?

Users interested in participating in Frogwifhat can view it at Uniswap.

To buy, all they need to do is connect their web3 wallet (via Ethereum), and have some ETH.

ETH can be purchased on any major cryptocurrency exchange and setting up a Web3 wallet (like MetaMask) is free.

Warning: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose your entire capital.

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