The post New Token Emerges Within the Memecoin Season-PEPE Coin Mania in Acute Danger? appeared first on Coinpedia Fintech News
After the 2021 bull run, the DeFi’s and NFTs have made a significant impact within the crypto space. In the meantime, the traditional tokens have begun to display a sluggish action as the volume has dropped significantly. Hence, it has become somewhat clear that the mindset of the market participants has been changing as they now grow the intention of making money rather than holding the tokens for long-term gains.
The emergence and growth of the meme-coins have validated the above as their use cases have been restrictive compared to that of the tokens which are fundamentally very strong. Therefore, now that they have gained mainstream attention, new and primitive tokens are preparing to make huge noise within the markets.
In recent times, the market witnessed the emergence of PEPE which was rumored to be linked with the Twitter CEO, Elon Musk. However, new data reveals that the traders have now shifted their focus to a new token called Milady Memecoin (LADYS).
1/ We noticed that some addresses swapped $PEPE positions for $LADYS!
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