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Home Crypto Updates

Wall Avenue PEPE ($WEPE): The Subsequent Huge Meme Coin? | by Ryan Douglas | The Capital | Jan, 2025

January 22, 2025
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Wall Avenue PEPE ($WEPE): The Subsequent Huge Meme Coin? | by Ryan Douglas | The Capital | Jan, 2025
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The Capital

Determine 1

An AI-generated picture of Wall Avenue PEPE

Word. Picture generated utilizing Magic Studio from the immediate Wall Avenue PEPE.

Wall Avenue Pepe ($WEPE) is a meme coin with large potential. It took off rapidly throughout its preliminary presale launch. $WEPE raised over $1.3 million in simply 3 days and “it crossed the $40 million mark on January third and has now reached $50 million” (Cointelegraph, 2025; The Cryptonomist, 2024).

Meme cash have surged in reputation in recent times. Initially evolving from developments throughout social media, now seen as a legit funding possibility for retail traders world wide. Cryptocurrencies are identified for his or her volatility and speculative nature. Nevertheless, that is much more true of meme cash. These cash steadily turn into scams too. Traders who perceive the underlying know-how of those digital belongings, and the tokenomics behind them, are extra capable of distinguish between legit tasks and scams. Most individuals within the crypto group deal with Bitcoin and Ethereum. This has meant meme cash have acquired much less consideration from institutional traders (Krause, 2024, pp. 1-2). Nevertheless, big-time traders are nonetheless exhibiting curiosity in meme cash corresponding to $WEPE. “For instance, a crypto whale devoured up $200K value of $WEPE on sixteenth December in a single transaction” (TradingView, 2025).



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