June Meme Wipe Out Sale: Pepe Coin, KAI Coin Emerge As A Bargain

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In the TradFi economy, you used to get shot down in May after flying high in April. In the economy of total degenerate lifetime stock market returns that you just made in the last three weeks, you may have found your bag flying high in May and shot down in June.

That’s just the way things roll in blockchain smart contract DeFi (decentralized finance): You do what all the cool, golden oldies say you do, but with more 0’s on the end of it. Plus, your portfolio earns a higher percentage return in a month than your grandfather spent the entire 80’s and 90’s accruing while wearing cargo shorts to go shopping in Walmart.

That’s your reason for wearing cargo shorts to visit Amazon from your couch and order bulk whey protein and military discount meals ready to eat and send the rest of your check to bag new meme tokens like Ethereum Kai Cat.

Meme Coin Wipe Out Sale

Meme coins are on sale in June, with astonishing double digit losses accrued to the 7-day chart. Several like Pepe Coin are facing a stiff correction after flying far and high in April and May.

Trading down to the $0.0000125 level by Friday evening supper time in London, PEPE had a steep drop off from the $0.000015 support level just a couple days earlier in the week– for a 16% loss in PEPE price in hardly any time at all as markets race to scoop profits and make corrections after a stunning 2024 rally for Ethereum’s leading frog meme currency.

Over the month timeframe, Pepe is up 54% even with its 16% losses from this week figured into the 30-day span. Zooming out further to the 12-month view, and PEPE tokens on the Ethereum network are trading for an astonishing 1,060% higher than they were a year ago. So these coins are in a positive bullish uptrend with strong momentum going forward.

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That makes the low Pepe price from the correction this week a potential bargain buying opportunity to accumulate at value and grow your crypto portfolio fatter, faster.

Pepe Coin In The Bargain Bin

Pepe coin bargain bin

By comparison, the blue chips are either up or not down by nearly as much as Pepe at the close to the first week in June. Bitcoin price was up 2.3% for the 7-day window, Ethereum was down 3% over the timeframe, and Binance Coin was up 14% over the span. So Pepe is in the bargain bin against BTC, ETH, and BNB for a price at value.

Meanwhile, PEPE is also stacking up as a big bargain against other major meme coins in the Web3 economy. Bitcoin fork chain Dogecoin (DOGE) is down by 7% for the week. Ethereum’s Shiba Inu (SHIB) is down by 8% for the week. Floki Inu (FLOKI) is up 8% for the week. So none of these meme coins provide the kind of bargain value Pepe does at today’s market price.

But one new Ethereum meme project that reminds this author of Pepe and that can be had for a special, pre-market price in its presale event in June is Kai Cat Coin ($KAI). Check Out $KAI As Supplies Are Going Fast.

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Eric Dunne
Editor
Eric Dunne
Editor

Eric is a highly skilled and experienced writer specialising in the Fintech domain. He is an active member of the blockchain journalism community and has released several insightful articles across multiple reputed websites consistently since 2021. His research focuses on new and innovative concepts like Web3, Metaverse, NFTs and much more. As a self-taught professional, Eric's articles manage to tackle complex topics in a way that can be understood by all types of readers. Eric graduated from the University of Delhi with a Bachelor's degree in Journalism.