In one of the wildest crypto stories of the year, a trader just took $1,300 and flipped it into $3.4 million by going all-in on Moo Deng (MOODENG).
Now, everyone is on the hunt for the next meme coin breakout.
And Pepe Unchained (PEPU), a frog-themed newcomer, has got investors speculating that it could also be about to explode like MOODENG.
Viral MOODENG Token Nets Life-Changing Gains for One Trader
So, what’s the story behind MOODENG?
Inspired by a Thai baby hippo that’s taken Twitter by storm, MOODENG (which translates to “bouncy pork”) is the latest meme coin to go viral.
Since launching on September 19th, the coin has experienced huge demand – all because of its cute namesake.
And that meme energy helped one trader make a fortune.
According to Lookonchain, this trader flipped just $1,331 (around 9.8 SOL) into an enormous $3.4 million.
They bought 38.7 million MOODENG tokens on September 10th, making a return of 2,554x in just 15 days.
Naturally, the crypto detectives are already sniffing around.
Some Twitter comments suggest that the trader must have been an insider, but as it stands, they remain anonymous.
Regardless, it’s yet another example of how lucrative it can be to “get lucky” when new meme coins launch.
Meme Coin Market Explodes Back to Life Ahead of “Uptober”
MOODENG isn’t the only meme coin doing well right now.
The entire sector has been going wild, with over $5.8 billion in trading volume in the past day and a market cap that’s shot past $46 billion.
Many believe that a bull run is just around the corner.
Alongside MOODENG, rap queen Iggy Azalea’s token MOTHER is also rallying.
Its price is up 117% in the past week alone.
Not far behind are HOPPY and ANDY, which have almost doubled in value, with gains of 93% and 91%, respectively.
Of course, not every meme coin is in the green.
The DOGS token, a previous star, has dropped 12% in the past seven days.
But overall, the mood remains bullish.
And with “Uptober” about to start – a month that’s usually a big deal for crypto – some investors believe we could see a meme coin rally like last year’s
Will there be more explosive stars like MOODENG?
It’s tough to say, but one thing is clear: speculative buying is back.
Is Pepe Unchained the Next Meme Coin Sensation?
This brings us to Pepe Unchained – a frog-themed project that’s been attracting a lot of attention on Crypto Twitter.
Still in its presale phase, Pepe Unchained has raised over $15.3 million from investors.
So, why all the hype?
It’s mainly thanks to Pepe Unchained’s mix of meme energy and blockchain tech.
The team is building a brand-new Layer-2 solution on Ethereum, specifically designed for meme coin traders.
It’ll offer super-fast transactions, low fees, and a dedicated DEX for joke tokens.
And there’s more, since Pepe Unchained’s team is also throwing out some serious cash to developers who want to build on the “Pepe Chain.”
Their “Pepe Frens with Benefits” program is giving grants to anyone with an exciting dApp idea.
Whether it’s NFTs, DeFi, or gaming, the developers want to see it happen.
But the real boost for Pepe Unchained is all the influencer hype.
YouTube personalities like ClayBro and Cilinix Crypto have been talking about PEPU, believing its price will explode after it is listed on exchanges.
Some crypto whales have even reportedly invested in Pepe Unchained.
The big question is: Can PEPU net gains similar to MOODENG?
It has a growing Twitter community, solid tech, and investor backing – all the ingredients for a potential meme coin gem.
And with PEPU tokens still on offer for just $0.00985, even a small investment could turn into something huge if this token really takes off.