The crypto market bull craze is only just unfolding, as is the craze for memecoins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE). These memecoins have recently undergone price increases, largely thanks to greater bullish confidence in the crypto market and recently announced memecoin listings by crypto exchanges.
As the frenzy over these memecoins builds, so does the excitement over new altcoins. JetBolt (JBOLT). This emerging token continues to grow amid a thriving market, with a presale of over 56 million tokens sold.
Could Dogecoin, Shiba Inu or Pepe maintain their momentum to hit explosive targets? Or could altcoin JetBolt offer new opportunities that crypto whales and buyers wouldn’t want to miss? Let’s take a closer look at the latest developments related to these tokens.
Dogecoin Fans Are Going Crazy Amid Elon Musk’s DOGE Tweets
Much of Dogecoin’s online momentum has been catalyzed by social media buzz. Tesla CEO Elon Musk, a supporter of US President-elect Donald Trump, was chosen to lead the new US Department of Government Effectiveness or for short, DOGE News started circulating and then suddenly , “a government agency has come into existence,” given the naming similarity between the new entity and the largest meme cryptocurrency.
DOGE tweet from Elon Musk
It was in 2017 that Elon’s attention was first drawn to Bitcoin, and since then he has frequently dropped the name DOGE in his tweets. This has largely impacted Dogecoin’s online awareness, thereby adding to its online popularity.
At the time of writing, Dogecoin is trading at $0.3684 and its price has surged 86.7% over the past seven days, signaling continued bullish momentum coinciding with November’s overall crypto market rally.
Could the SHIB proposal potentially push Shiba Inu to new heights?
Built on the Ethereum blockchain, Shiba Inu is the second largest memecoin by market capitalization. Shytoshi Kusama, lead developer of the Shiba Inu, recently proposed building a “Strategic Hub for Innovation and Blockchain” (SHIB) in a US city. Designed to promote economic growth, the project also aims to serve as a “Silicon Valley for crypto” to foster blockchain collaboration.
Shiba Inu recently reached the $0.00003 mark. However, analysts say that meme fans are hopeful for Shiba Inu but remain cautious, as evidenced by waves of profit-taking and bursts of optimism in the SHIB market. If Shiba Inu could hold the support levels and maintain its upward trajectory, and if buyer interest is still high, it could once again break the $0.00003 resistance level or even push to reach new highs.
JetBolt remains strong amid memecoin euphoria
JetBolt (JBOLT) is a new altcoin that is making a sensational entry into the blockchain industry. Powered by the Skale network, this new altcoin is debuting on the crypto scene with zero-gas technology. This unique attribute makes JetBolt transactions lightning-fast while potentially having a positive impact on users as they are relieved of unwanted gas fees.
JetBolt’s user-friendly Web3 wallet allows new and experienced crypto insiders to transact seamlessly using its Web AuthN facial identity recognition feature. This presale token also comes with a next-generation AI tool that aggregates crypto news in a new and exciting way.
JetBolt’s SocialFi mechanism expands its suite of revolutionary features, which enhances the staking experience with social benefits. Staking users could be rewarded when they log in daily and connect with friends on the platform, thereby driving social engagement with staking rewards.
Still in the pre-sale phase, buyers have the opportunity to anticipate daily token price increases. Additional benefits also await first-time buyers, especially when they take advantage of JetBolt’s exclusive Alpha Boxes which offer up to 25% additional JetBolt tokens for bulk purchases.
Stock Listing Sends PEPE to 19th Ranking Cryptocurrency in Weekly Gains
As two major US exchanges, Robinhood and Coinbase, announced plans to list the PEPE memecoin, market interest in the token suddenly went viral. Just hours after the potential listing, PEPE’s market capitalization briefly exceeded $10 billion.
According to Goingecko data, PEPE hit an all-time high of $0.00002299 on Wednesday, surpassing a previous high from May. As a result, it entered the list of top 20 cryptocurrencies by market capitalization for the first time and now ranks 19th in terms of size.
PEPE’s wild price surge is largely fueled by the announced listing, with its recent gains capping at 86% in the past 24 hours.
Final Take: Dogecoin, Shiba Inu and PEPE take interest in memecoin euphoria as JetBolt presale explodes
The price of Dogecoin has nearly doubled this week and could potentially rise further in a bull run driven by the coin. Shiba Inu followers are optimistic that the coin could continue to attract market interest, especially with the proposed SHIB project. Meanwhile, the new memecoin PEPE manages to carve out a place in the top 20 cryptocurrencies based on market capitalization, thanks to its potential listing on more crypto exchanges.
Amid the growing appetite for memecoins, crypto whales and users are also excited about the new altcoin Jetbolt. With its gas-free technology and intuitive Web3 features, this pre-sale token introduces new blockchain advancements, making JetBolt a new altcoin also gaining popularity amid the memecoin euphoria.
Get the latest updates on JetBolt at the links below:
This article does not constitute financial advice. Cryptocurrencies and memecoins are volatile and risky. Do your own research before purchasing cryptocurrencies and meme coins.
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