Pepe Coin, the Pepe the Frog-themed meme coin that blew up in April, made almost instant millionaires.
What was so amazing was that many millionaires were created despite only putting very small initial investments into the $PEPE token.
For example, a Twitter user by the name of lyx.eth highlighted in April how a wallet starting with 0xAf235 made nearly $1 million in that time with a minuscule $27 initial investment in Pepe.
That was then.
The 2.5 billion $PEPE tokens purchased by the wallet, which it still holds, as verified on EtherScan herethey are now worth $3.8 million.
At the peak of Pepe mania in early May, when the project’s market capitalization reached a whopping $1.8 billion, these tokens would have been worth close to $10 million.
$PEPE last traded around $0.0000015, well within its recent multi-week range of $0.0000014-18.
The project currently has a market capitalization of around $630 million, according to DEXTools Everyone.
Pepe Coin (PEPE) Alternative Meme Coin to Consider – Mr Hankey Coin
With Pepe down more than 60% from his all-time highs of early May, but still valued at an inflated market cap of over $600 million, meme coin degens looking for big gains should probably look elsewhere.
Fortunately, Cryptonews.com analysts have discovered a new small-cap meme coin gem that could end up being one of the most exciting bullshit coins of 2023.
A new meme coin themed around Mr. Hankey from South Park, a clever and jolly piece of poop and the cartoon’s former Christmas deity, has gone viral on social media in the past two days ahead of the release of a new meme coin. stealthy presale that anyone can participate in on Thursday.
Mr Hankey Coin, who prides himself on promoting himself as the best bullshit coin in the cryptocurrency industry, already has over 5,600 followers on Twitterwhile the project Telegram quickly approaching 1,000.
Web3’s most popular new shitcoin is understood to be looking to raise a modest $500,000 through the sale of 40% of its 1 billion token supply, valuing the token at a very modest $1.25 million.
That leaves plenty of room for a potential bomb.
And Mr. Hankey Coin has a very good chance to pump for a number of reasons.
Firstly, the limited availability of the token in pre-sale means that pent-up demand and FOMO will remain on its DEX launch.
Second, the project pledged to lock 40% of the token supply in Decentralized Exchange (DEX) liquidity, ensuring smooth trading conditions and eliminating the possibility of a rug pull.
Finally, and most importantly, Mr Hankey Coin appears to be backed by a savvy marketing team, and rumors are already swirling that the teams behind $SPONGE and $PEPE might be involved.
Whoever the team is, they seem to be working hard to get the word out, with Mr Hankey Coin already appearing all over the crypto media on reputable news sites like Beincrypto and here at Cryptonews.com.
Follow Mr. Hankey Coin on Twitter and Telegram now to make sure you’re among the first to get notified when the pre-sale starts and when the coin launches on exchanges
The brown paper of Mr Hankey Coin can be seen here.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.
