Home Is $SUBF the Next 100x Meme Coin or This $PEPU Token Presale Nearly Raises $900,000?

Is $SUBF the Next 100x Meme Coin or This $PEPU Token Presale Nearly Raises $900,000?

Super Best Friends (SUBF) is currently trending on CoinMarketCap, a promising sign for meme coins, and it has increased nearly 30% from its all-time low.

This pump could signal positive potential for altcoins since the overall market is slightly bearish, offering the possibility of significant gains for everyone.

Let’s explore what’s happening with this project, as well as one emerging project called Pepe Unchained, which is only a week old but continues to attract smart traders and big investors.

Super Best Friends (SUBF) price analysis

Super Best Friends, the coin under discussion, is experiencing significant price increases. It currently ranks second on CoinMarketCap, with an 8% rise in the last 24 hours and nearly 20% over the past week.

Earlier today, it surged approximately 50%, although it has since experienced some selling activity, which is typical. While the reported market cap is nearing $1 million, this figure remains unverified. There is potential for substantial growth with this token.

SUBF Price Graph

The broader cryptocurrency market appears unstable, with the fear and greed index sitting at 49, indicating a gradual return to cautious sentiment. Bitcoin has dropped to $60,000 from a stable $64,000 level, while Ethereum’s price at $3,300 is concerning, though a recovery is anticipated soon.

Concerns surround Super Best Friends potentially being a pump-and-dump scheme. Community engagement appears limited, despite a 17% weekly gain countered by a 14% monthly decline. The market cap, currently around $900,000, and a 24-hour trading volume of $200,000 have not been updated.

Super Best Friends describes itself as a next-generation meme-powered creativity studio on their website. Founded by industry veterans, they aim to innovate within Web3 by merging a content house with a meme coin, emphasizing humor and viral content creation.

They offer creative services and encourage community participation in their meme token project. However, questions arise regarding the authenticity of their claimed following.

Despite being a new project with a market cap under $2 million, they assert 45,000 Telegram members and 28,000 followers on X (formerly Twitter), figures that warrant scrutiny. Recently rebranded, they have launched a creative service division, committing 50% of revenue to buybacks and burns.

Pepe Unchained: A promising presale gem of 2024

Speaking of quick recoveries, let’s turn our attention to another promising opportunity besides Super Best Friends: the emerging presale standout, Pepe Unchained. Pepe Unchained (PEPU) has quickly gained traction in the crypto market, raising over $870,000 within days of its ICO launch.

This project distinguishes itself from typical meme coins by addressing a real-world issue – Ethereum’s scalability challenges. Pepe Unchained aims to tackle this by developing a L2 blockchain solution that enhances transaction speeds and reduces fees on the Ethereum network.

The combination of internet culture and practical technology has garnered significant interest from investor circles, with many analysts predicting potential success for Pepe Unchained. The project promotes “double the staking rewards, double the Pepe, and 100X the fun,” emphasizing both user engagement and potential returns.

A notable feature attracting attention is its staking option. Participants in the presale can lock their tokens via the Pepe Unchained staking dashboard, potentially enhancing their investment yields. The current staking rewards are an impressive 2,353% APY, though this rate is expected to adjust as more investors participate.

The presale’s accessible approach allows investors to purchase tokens directly on the project’s website using various payment methods, including ETH, BNB, USDT, and bank cards. As Pepe Unchained develops, its competitive position in both the L2 blockchain and meme coin sectors will be closely watched.

If it maintains its current trajectory, Pepe Unchained has the potential to establish itself as a significant player in the cryptocurrency space, offering substantial returns to early backers. To take part in the $PEPU token presale, visit pepeunchained.com.

Related

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Alvin Hemedez
Crypto Writer

Alvin Hemedez is a cryptocurrency analyst, finding a talent for the technical side of blockchain with his background and degree in Industrial Engineering. Hailing from Los Baños, Calabarzon in the Philippines, Alvin's work experience includes managing the eCommerce side of Shopee PH, Singapore and South East Asia's equivalent of Amazon with a base in the Philippines. Alvin's current news coverage on ReadWrite includes a special focus on emerging projects and new ICOs.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.