PEPE and BONK, Meme Coins That Skyrocketed Before BTC Broke ATH

Bittime - The crypto market is excited with the rise in the price of Bitcoin which touched its all-time high (ATH) overnight. However, today BTC is experiencing a correction. Before Bitcoin's ATH, meme coins like PEPE and BONK stole the public's attention. Meme coins are cryptocurrencies inspired by funny or viral images on the internet, such as the Shiba Inu dog or Pepe The Frog.

One of the most popular meme coins right now is Bonk and Pepe, which saw their prices rise by 186% and 240% respectively in a week. Both also recorded remarkable monthly gains, namely 292% for Bonk and 703% for Pepe. This increase occurred before the main crypto asset Bitcoin (BTC) broke its all-time high price (ATH) on March 5 yesterday at the level of $ 69,170.63 or equivalent to Rp1 billion more.

PEPE Predicted to Breakout

On the other hand, this meme coin not only relies on the luck factor, but is also backed by a strong community and experienced analysts. One of them is Max Schwartzman, CEO of Because Bitcoin, who has been predicting a Pepe breakout since late February. At that time, Pepe was only worth $0.0000013 (Rp 20.44), but now it has reached $ 0.000007211 (Rp 113.34), or an increase of 454%.

Schwartzman is also optimistic that the meme coin still has the potential to go higher, as he considers that the crypto market is still in its early phases. He likened the current state to the dot com bubble of 1995-2000, when the NASDAQ index jumped 400%. He advised traders not to rush to sell their meme coins, as it is the "off-season".

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BONK Predicted Bullish

In addition to Schwartzman, there is also the Unknown Trader, who gives a bullish prediction for Bonk. According to him, Bonk will continue to rise until it reaches $ 0.000048 (Rp 754.80), or up 21% from the current price of $ 0.00003937 (Rp 619.02).

Nevertheless, meme coins are not without risk. Their prices are highly volatile and depend on market sentiment. In addition, there are also meme coins that are made to deceive people, such as the case of Squid Game which lost billions of rupiah. Therefore, traders should exercise caution and do some research before investing in meme coins.

Also Read How to Buy Crypto:

SMOG Up 113%

Besides Bonk and Pepe, there is also another meme coin that catches the eye, namely Smog. Smog is a multi-chain meme coin, which means that it can operate on various blockchains, such as Ethereum, Binance Smart Chain, and Solana. Smog is up 113% in the week, and is claimed to be a more innovative and sustainable third-generation meme coin.

Meme coins have indeed become a phenomenon that cannot be ignored in the crypto market. They offer great profit opportunities, but also carry high risks. For interested traders, it is important to always be cautious and think long-term.

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How to Buy Pepe Coin (PEPE) on Bittime

You can buy and sell Pepe Coin (PEPE) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.

Pepe Coin (PEPE) is available on Bittime with the PEPE/USDT market pair. To be able to buy PEPE USDT on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is Rp10,000. After that, then you can make a crypto asset purchase in the application.

Learn the complete guide on how to buy PEPE (PEPE) on Bittime.

Monitor the price chart movements of Pepe Coin (PEPE), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

What is Pepe Coin (PEPE)? Memecoin On Ethereum Blockchain Listed on Bittime

The Rising Popularity of Pepe Coin in the Crypto Market: Price Analysis and Market Strength of PEPE

Solana's BONK Meme Coin Skyrockets, Can It Pass Shiba Inu?

PEPE Jumps 414% in a Week, But Beware Before Investing

DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.