PEPE3 Coin Blasts Up 10,000% in 24 Hours But Experts Say It's a Scam and Have Started Accumulating This Other Coin Instead
As straight-to-DEX moon-shots continue to dominate big moves in crypto markets, Pepecoin spin-off meme token PEPE3 has blasted up +10,000% in stunning launch.
The dazzling moon-shot price action has seen PEPE3 explode across DEXtools, rising quickly to become the hot #2 trending coin on DEX markets over the past 24 hours.
PEPE3 is a spin-off of the biggest meme coin of 2023 - Pepecoin ($PEPE) which reinvigorated DEX markets back in May.
Launched at just 2AM this morning (July 31), PEPE3 saw an impressive opening hour with price instantly pumping an alluring +2,750%.
The strong move straight out the gates drew the attention of a substantial number of DEX traders, who flocked in droves to ride the latest skyrocket move.
A flurry of +$2m in trading volume flooded the token over the following 5 hours, posting an ATH at $0.0238 by 6AM.
This made early backers an almost unimaginable +10,000% in just 6 hours - driving PEPE3's market cap to a near instant $1.7m.
Yet, as is often said - is it all too good to be true?
Well for 527 PEPE3 DEX holders left high-and-dry by the consequent -95% dump, this could well be the case, as collapsed price action has already given way to scam coin allegations.
However, despite the rollercoaster price action sweeping through DEX markets, many astute investors have shifted their capital into a more stable moon-shot with multi-million community traction.
Born from the Occupy Wall Street culture, and emboldened by the NFT success of popular investor forum Wall Street Bets, Wall Street Memes is a meme coin with a difference.
With backing from an impressive community of more than +1m followers, this near-sell-out token presale is rapidly growing to become the most anticipated meme coin launch since Pepecoin
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