Could This Trending Meme Coin Hit $100 Million Market Cap in 2024?

After dog, cat, frog, sloth, and many other themed meme coins, a new project has emerged as the talk of the town: a duck-themed meme coin.

Today, we’re diving into a project that hasn’t yet made its debut on CoinMarketCap. It’s early, but it’s gaining traction rapidly and is currently trending on X.

Now might be the perfect time to get involved. We’re talking about DuckyDuck. Besides this meme coin, we will also explore the new emerging Layer 2 crypto called Pepe Unchained.

$DUCKY combines blockchain technology with the charm of DuckyDuck from Matt Furie’s Boys Club. This token isn’t just another cryptocurrency; it’s a fun adventure led by DuckyDuck, the secret friend of Pepe, Andy, Brett, and Landwolf. Their goal is to build a vibrant community that embraces innovation and fun.

According to DEX Screener, DuckyDuck has a market cap of $10 million. This milestone is important because in the crypto world, under $10 million is considered very high-risk, but $10 million to $50 million suggests potential for growth.

Despite being down 20% in the last 24 hours, DuckyDuck is still trending. The 4-hour chart shows a pattern of rising, correcting, and rising again. The recent 15% drop seems to be a correction after a previous rise, suggesting another increase might be coming.

To buy DuckyDuck, you need a Phantom wallet and can purchase it on Raydium. The tokenomics show a total supply of 200 million, with 15% used for liquidity on Raydium and to onboard tier 1 and tier 2 influencers and call groups. 85% will flow into liquidity pool creation.

While there’s not a lot of information, there’s enough to suggest potential. We’ve seen other projects with less information and worse tokenomics achieve significant growth.

DuckyDuck recently hit a new all-time high, and some speculate it could reach a market cap of $100 million. In the short term, a 2-3x increase seems possible based on current chart patterns. However, long-term prospects are harder to predict due to the crowded market of Pepe derivatives.

Meme coins are everywhere these days, but Pepe Unchained (PEPU) is different. This frog-themed token has just raised $6.8 million in its presale, with investors snapping up $PEPU tokens for $0.0088396 each. It’s a deal that’s hard to miss.

Ethereum’s current setup makes trading difficult. It can only handle 15 transactions per second on average, with each transaction costing about $1. This makes quick trading both expensive and challenging. Ethereum needs Layer 2 solutions like Polygon or Arbitrum to improve trading efficiency.

Pepe’s facing his toughest opponent yet… himself!