Trump’s Potential Victory Could Fuel a Meme Coin Frenzy – Should Investors Bet on $PEIPEI or $PEPU as the Top Choice?

With Bitcoin nearing its all-time high of $73,000, the broader crypto market is experiencing a bullish trend that could enhance sentiment around meme coins like PeiPei.

As global markets rise, optimism is growing that this upward momentum will continue, sparking interest in altcoins and meme coins, including those in presale, like Pepe Unchained, which has raised over $23 million in funding.

As Bitcoin approaches this milestone, the question remains: which Pepe-themed meme coin will emerge as the dominant player—PeiPei with its breakout potential, or Pepe Unchained with the momentum from its presale?

PeiPei (PEIPEI) price analysis

PeiPei, a meme coin, has not yet seen the significant price surge experienced by other meme coins benefiting from Bitcoin’s recent rally. However, as Bitcoin approaches its all-time high, there is growing anticipation that PeiPei’s value will also start to rise.

This situation presents a potential opportunity for investors to capitalize on gains at PeiPei’s current low price. With a market cap hovering around $50 million and a price of $0.0000001287, PeiPei may initially appear to be a risky investment.

However, its recent dip of 4.13% today could serve as a strategic buying opportunity for those looking to take advantage of its current valuation.

If the coin was deemed optimistic at an $85 million market cap, its current lower valuation may offer an even more attractive entry point. Despite market fluctuations, PeiPei continues to attract interest from the crypto community.

While the project has faced periods of stagnation and market cap declines, many investors still believe in its potential. Currently, PeiPei’s market cap is approximately $52 million, down from its peak of $90 million.

However, reaching a $100 million market cap remains a realistic goal, which could potentially double the returns for current investors. The project benefits from an engaged community, and renewed market optimism could propel PeiPei back into bullish territory.

Although its market cap is relatively small, some investors are using technical analysis to predict its future price movements. A recent rising wedge pattern suggests that a breakout may be imminent.

While technical analysis has its limitations in predicting the behavior of meme coins, patterns like support and resistance levels can provide valuable insights into potential price movements.

Currently, support levels suggest that a recovery may be on the horizon, despite PeiPei’s recent decline in market cap. If the coin successfully reaches its goal of a $100 million market cap, investors could potentially see their investment double.

How political trends could boost meme coins and PeiPei

The broader crypto market is currently experiencing a bullish trend, with Bitcoin nearing the $72,000 mark—a record that hints at new potential highs.

Such strong performance from leading cryptocurrencies, particularly Bitcoin, typically fosters positive sentiment and encourages increased investment in altcoins and meme coins like PeiPei.

With global markets rising, optimism is building that this bullish momentum will continue, driving interest in both altcoins and meme coins.

As the U.S. presidential election approaches, many crypto enthusiasts are speculating about the potential impacts of political outcomes on the market.

Some believe that a Trump victory could create favorable conditions for cryptocurrencies, with regulatory and economic policies that might stimulate market growth.

The buzz surrounding this election could further ignite interest in politically themed tokens and meme coins like PeiPei. With heightened investor engagement, meme coins may see a surge, especially as speculative buying intensifies.

To capitalize on this sentiment, PeiPei’s community has embraced a humorous, politically themed approach, featuring images of Trump and other political figures.

This playful strategy resonates with a segment of the crypto audience that appreciates both humor and the potential for gains tied to political trends.

If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.

Pepe Unchained: A meme coin to watch that could multiply your investment by 10x

As the surge in meme coins continues, those in presale are also experiencing significant growth, exemplified by Pepe Unchained, which has rapidly approached over $23 million in funding and shows no signs of slowing down.

Pepe Unchained is a Layer 2 solution specifically optimized for meme coins, and its blockchain could provide substantial advantages with features such as instant bridging between Ethereum and Pepe Chain, minimal transaction fees, and transaction speeds reportedly 100 times faster than Ethereum.

It's just…so beautiful.