Pepe (PEPE) leading the charge in a meme tokens comeback. In the meantime, Virtuals Protocol (VIRTUAL) increasingly dominates the AI crypto world as Ethereum soars on big gains. Pepe jumped to fame as the influencer maker in April 2023. This week, it exploded by 61%, making a run for the number one spot on CoinMarketCap’s “Top Gainers” list. In the meantime, Virtuals Protocol, which works between the Base and Solana networks, is seeing explosive expansion. Ethereum itself has popped up by more than 20 percent over the past few days, adding rocket fuel to the nascent altcoin market.
Pepe's Reign Continues
Pepe (PEPE) has secured its place in cryptocurrency folklore, demonstrating its staying power in the volatile meme coin market. Its recent climb back up to the moon underlines the fact that meme-based cryptocurrencies are very much alive. Amidst Ethereum’s bullish momentum, Pepe is uniquely poised to deliver outsized returns.
Pepe would stand to gain even further from Ethereum’s highly anticipated Pectra upgrade. The Pectra upgrade is expected to enhance user interactions and Ethereum’s processing capabilities, potentially driving further growth for Pepe and other meme coins within the Ethereum ecosystem.
Virtuals Protocol Gains Traction
Virtuals Protocol (VIRTUAL) is outdoing all other tokens in today’s market. With a market cap of about $1.31 billion, that’s nothing to sneeze at. Its unique platform, as an AI agent deployment hub, runs on both Base and Solana networks. This positions Virtuals Protocol at the intersection of two rapidly growing sectors: artificial intelligence and decentralized finance.
The platform simplifies AI agent creation, requiring users to provide only a basic text description and 100 VIRTUAL tokens to generate complete AI agents with associated cryptocurrencies. Perhaps this user-friendliness and accessibility is behind the overwhelming growing interest and investment in the protocol.
Ethereum's Rising Tide Lifts Altcoins
Ethereum’s 20%+ recent rally has left an altcoin bullish backdrop, especially for meme coins including Pepe on Ethereum aside from Shiba Inu see Pepe price prediction. This exuberance for Ethereum tends to spill over into general altcoin bullishness, leading coins like Ethereum Classic and Ripple to rise with confidence, too. Just some meme coins like Pepe have posted much larger returns, demonstrating the wild upside that can lurk in the space.
Moreover, one project on Solana has already made waves by raising an eye-popping $34 million in the first nine days of its ongoing token presale phase. That’s the ambition underlying this $61 trillion project. It’s already made inroads with major entertainment partners, thus proving strong investor faith and a bright outlook for development within the altcoin realm.
