The Federal Reserve’s aggressive rate cut in Wednesday’s FOMC is expected to have started a new liquidity cycle, providing the ideal backdrop for a major meme coin rally.
Large caps like Popcat, Dogwifhat and Pepe are already seeing strong bullish reversals. However, smart money investors are also eyeing low-cap and mid-cap gems.
For instance, the Baby Doge Coin price is up by nearly 30% over the past week, following its Binance listing. Considering that BabyDoge is currently seeing a pullback, investors are wondering if now is the perfect opportunity to scale into long positions.
Similarly, low-cap PolitiFi token Super Trump Coin appears to be gearing up for a strong upside move.
However, another low-ca gem – Pepe Unchained – could potentially be a superior alternative, owing to its strong presale fundraising and long-term upside potential.
Super Trump Coin, Baby Doge Coin Rally – How High Can They Go?
Baby Doge Coin is one of the hottest commodities in the meme coin sector, thanks to its Binance Futures and Spot listings. There is a reason why it is one of the top trending cryptocurrencies on CoinMarketCap.
BabyDoge remains in high demand, having already rallied nearly 30% over the past week.
This is despite a 13% decline in its price over the past day, likely due to a spike in profit-taking.
Experts believe that the meme coin remains largely undervalued, with some projecting it to reach a multi-billion dollar market capitalization in the coming bull run.
However, it remains to be seen if Baby Doge Coin could separate itself from other recent Binance listings like First Neiro On Ethereum and DOGS. Indeed, both NEIRO and DOGS appear to have strong narratives and community backing and could therefore overshadow BabyDoge.
Similarly, Super Trump Coin appears to be a risky investment, despite its low-cap status. For one, the meme coin is trading 82% below its all-time high. This is despite an 8% rally over the past week.
Secondly, STRUMP is a PolitiFi coin and appears to be backing Donald Trump in the November Presidential elections.
However, Trump is no longer the favourite to win the White House following his poor performance in the first Presidential debate. Even the Nate Silver Presidential model now favours Kamala Harris, which until recently had been a showing 20-point Trump lead.
Therefore, $STRUMP may just be a pump-and-dump meme coin with no long-term utility.
Is Pepe Unchained The Best Crypto To Buy Now?
Pepe Unchained (PEPU) has been creating quite a buzz in the meme coin sector, thanks to its robust presale funding.
The new meme coin has now raised over $14 million in its ICO itself, thanks to large whale investments.
Contrary to Super Trump Coin, Pepe Unchained has excellent long-term utility. The meme coin is launching a Layer-2 solution, designed specifically for meme coin trading. PEPU holders won’t have to deal with the congested Ethereum blockchain and will enjoy low trading costs, instant transactions and high staking rewards.
In fact, presale PEPU buyers are also earning attractive passive income, currently at an APY of over 140%.
The meme coin is also launching a Pepe Foundation, which will offer developer grants to meme projects to be built on the PEPU chain.
Therefore, it is no surprise that Pepe Unchained is in high demand, particularly in light of the upcoming meme coin mania. Some analysts are calling PEPU one of the best cryptos to buy now that could potentially deliver up to 100x returns.
