The total cryptocurrency market cap has increased by 0.85% to reach $3.86 trillion over the past 24 hours, indicating signs of building momentum as anticipation grows about potential US interest rate cuts at the September FOMC meeting.
While Ethereum and XRP remain flat, Bitcoin has gained 1.3% – and other large altcoins, such as Sui, Bitcoin Cash, and Hedera, are up around 2%. However, the biggest gains are not from these top L1 coins, but from gaming tokens.
AriaAI is up 22% today, and more well-known projects like Decentraland and IMX are up 6% and 2.5%, respectively. Yet one new memefied gaming token is currently showing potential for what some analysts believe could be 100x gains.
PEPENODE is the world’s first Mine-to-Earn gamified cryptocurrency – and it’s just surpassed $600,000 raised in its presale, despite only recently launching. With momentum quickly building, the question arises: Is PEPENODE the best crypto to buy for Web3 gamers?
The answer could be yes, because the project has a truly innovative use case: unlocking hardwareless virtual mining that delivers lucrative rewards without the usual downsides of expensive setup costs, technical expertise requirements, and sky-high electricity bills.
How Does PEPENODE Work?
PEPENODE is a fully on-chain virtual mining app and game where users can earn real meme coin rewards. And they won’t only earn PEPENODE tokens; they’ll also earn top meme coins like Pepe if they climb the in-game leaderboard.
Here’s how the game works: Users start with an empty server room and purchase virtual Miner Nodes to generate mining power and earn meme coin rewards. Different types of Miner Nodes are available, and each has unique properties that interact differently with other nodes – so players can maximize their rewards by upgrading and strategically combining various node types.
70% of tokens spent on upgrades or buying Miner Nodes are burned, making PEPENODE deflationary and more rewarding for long-term holders.
Users can also cash out their Miner Nodes at any time and receive a payment, making them a unique investment opportunity for those seeking diversification from simply holding crypto tokens.
Why PEPENODE Could Be the Best Crypto to Buy
PEPENODE’s deflationary mechanism is a clear reason why its price could skyrocket. The project is likely to generate demand because it offers real meme coin rewards, and increased ecosystem activity leads to more tokens being burned. Over time, this deflationary pressure will concentrate liquidity into a diminishing number of tokens, leading to price gains.
Additionally, the project’s active and strategy-based gamified formula encourages greater community participation and signals potential for viral growth.
PEPENODE’s connection to Pepe and other related meme coins is another reason it could go viral. Such tokens have historically delivered some of the biggest returns: Pepe has increased by 90,942,697% since CoinMarketCap started tracking its data, while Brett increased by 42,207% and Turbo increased by 24,669%.
Considering all these factors, analysts are extremely bullish and predict significant gains for PEPENODE once it hits exchanges. In a recent video, the Cryptonews YouTube channel said that PEPENODE could generate between 10x and 100x returns.
Secure the Most Mining Rewards During the Presale
It’s important to acknowledge that while the PEPENODE presale is open and fair, those who join earliest will reap the greatest benefits. Not only do they secure a bigger price discount, but they also gain access to more powerful virtual mining equipment.
The presale allows early participants to purchase Miner Nodes at lower prices and with increased mining power. This allows them to build stronger rigs, which in turn will yield higher rewards as gameplay progresses.
With its current early-stage appeal, viral potential, and inherent utility, PEPENODE has one of the most promising setups on the market today. Furthermore, its $600,000 presale raise reflects rapid community growth – suggesting that this could well live up to analyst expectations and deliver 100x gains.
This article is not intended as financial advice. Educational purposes only.
