Meme Coins PEPE & DOGE Plus SUI Could Lead Altcoin Surge, Analyst Predicts

Market trends and predictions play a pivotal role in guiding investors. Recently, Michaël van de Poppe, the founder of MN Trading, shared insights into the potential outperformers in the coming period, drawing parallels with the trends observed in 2020.

New Kids on the Block

The cryptocurrency market is no stranger to the introduction of new coins, each promising unique features and benefits. Some of the newer coins that have caught the attention of the community include:

  • Arbitrum ($ARB): Touted as a game-changer, this coin has been on the radar of many seasoned investors. Its unique value proposition and potential for scalability make it a strong contender in the market.
  • Optimism ($OP): With a name that exudes positivity, Optimism has been generating buzz in various crypto circles. Its underlying technology and vision have piqued the interest of many.
  • Injective ($INJ): A coin that promises to revolutionize certain aspects of the crypto trading world, Injective has been steadily gaining traction.
  • Sui ($SUI): While relatively lesser-known, Sui has been making waves in niche segments of the crypto community, with many awaiting its next moves.

Meme Coins: Beyond the Hype

While meme coins have often been dismissed as mere internet fads, some of them have showcased resilience and potential for growth:

  • Pepe ($PEPE): What started as an internet meme has now transformed into a cryptocurrency with a dedicated following. Pepe has been at the forefront of the meme coin movement, with many in the community championing its potential.
  • Dogecoin ($DOGE): Arguably the most recognizable meme coin, Dogecoin has transcended its meme status. With a robust community backing and significant media coverage, it continues to be a force to reckon with in the market.
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Price performance

Injective (INJ)

  • Current Price: $7.59
  • 24 Hour Range: $7.42 – $7.80
  • Market Cap: $635,429,709
  • 24 Hour Trading Volume: $30,566,061
  • Price Change (24h): 1.5% increase
  • Price Change (7d): 5.6% increase
  • Price Change (30d): -5.9% decrease
  • Price Change (1y): 325.5% increase
  • All-Time High: $24.89 (recorded on Apr 30, 2021) which is 69.50% lower than the current price.
  • All-Time Low: $0.657401 (recorded on Nov 03, 2020) which is 1,054.85% higher than the current price.

Arbitrum (ARB)

  • Current Price: $1.01
  • 24 Hour Range: $0.981445 – $1.02
  • Market Cap: $1,281,169,858
  • 24 Hour Trading Volume: $136,626,410
  • Price Change (24h): 1.0% increase
  • Price Change (7d): -3.9% decrease
  • Price Change (30d): -15.3% decrease
  • All-Time High: $8.67 (recorded on Mar 23, 2023) which is 88.42% lower than the current price.
  • All-Time Low: $0.912886 (recorded on Jun 15, 2023) which is 10.07% higher than the current price.

Optimism (OP)

  • Current Price: $1.55
  • 24 Hour Range: $1.53 – $1.61
  • Market Cap: $1,112,043,368
  • 24 Hour Trading Volume: $106,017,148
  • Price Change (24h): 0.3% increase
  • Price Change (7d): 7.4% increase
  • Price Change (30d): -1.4% decrease
  • All-Time High: $3.22 (recorded on Feb 24, 2023) which is 51.88% lower than the current price.
  • All-Time Low: $0.402159 (recorded on Jun 18, 2022) which is 285.65% higher than the current price.

Pepe (PEPE)

  • Current Price: $0.00000109
  • Price Change (24h): +2.0%
  • Market Cap: $457,734,883
  • 24 Hour Trading Volume: $60,032,997
  • Circulating Supply: 420,690,000,000,000 PEPE tokens
  • All-Time High: $0.00000431 (recorded on May 05, 2023) which is -74.75% lower than the current price.
  • All-Time Low: $0.000000055142 (recorded on Apr 18, 2023) which is 1,872.29% higher than the current price.
  • Market Sentiment: The community is bullish, with more than 77% of users feeling positive about Pepe (PEPE) today.

Dogecoin (DOGE)

  • Current Price: $0.063471
  • Price Change (24h): +0.2%
  • Market Cap: $8,930,797,863
  • 24 Hour Trading Volume: $262,940,789
  • Circulating Supply: 140,719,696,383 DOGE tokens
  • All-Time High: $0.731578 (recorded on May 08, 2021) which is -91.33% lower than the current price.
  • All-Time Low: $0.00008690 (recorded on May 06, 2015) which is 72,883.81% higher than the current price.

Sui (SUI)

  • Current Price: $0.593409
  • Price Change (24h): +2.0%
  • Market Cap: $430,922,671
  • 24 Hour Trading Volume: $191,437,515
  • Circulating Supply: 723,162,190 SUI tokens
  • All-Time High: $2.16 (recorded on May 03, 2023) which is -72.38% lower than the current price.
  • All-Time Low: $0.462847 (recorded on Aug 17, 2023) which is 29.04% higher than the current price.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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