Pepe coin (PEPE) entered the trading scene in April, and the PEPE price rally shook the market instantly. The token went on to rally 150,000% in three months, moving into third place in the meme sector by market capitalization. Baby Dogecoin (BABYDOGE) has been an underwhelming story all year, but the BABYDOGE price could change significantly during this bull run.
But Anarchy (ANA) remains the coin to watch this year, as crypto experts pegged the Anarchy (ANA) price potential at 10,000% after its presale. Investors intend to end the year on a high, and Anarchy (ANA) could just be the right investment.
So, it's been meme coins so far this year. Which of them will keep the trend going? Let's see!
It's not everyday we get to see tokens break records in the cryptocurrency market, and Pepe coin (PEPE) planted itself in history with its 150,000% PEPE price rally. The token had the entire crypto-verse on a chokehold, and no one expected it to end so suddenly.
Pepe coin's price started to dip right after hitting its all-time high in May. The PEPE token attempted some price pullbacks, but they weren't enough to sustain it for much longer. Soon, Pepe coin (PEPE) shifted from the big gainers club to the big losers club, and by July, the Pepe coin price decline was evident. Analysts blamed PEPE's price drop on its lack of utility, but sharing its users with mimic tokens like Pepe 2.0 and Evil Pepe was the final nail in the coffin for PEPE.
On the other hand, Baby Dogecoin (BABYDOGE) has had a difficult year so far, as its brightest moment was the listing on KuCoin in April. But its developers have been busy adding features to the platform, and getting it ready for a bull run. So far, the preparations have been excellent, and investors can expect to see some BABYDOGE price spikes later this year.
Like Baby Dogecoin (BABYDOGE), Pepe coin's price could benefit a lot from the incoming bull run. Coin Gape revealed that the PEPE price broke a resistance lately, going up by 14% to trade at $0.00000135. But the general opinion is that Pepe coin has had its best run already, and the bull run is not likely to do much for Pepe coin's and Baby Dogecoin's prices.
In some other news, Anarchy (ANA) is ready to rock the market with its hot run, and whales are positioning themselves to gain from the meme coin's presale.
Meme coins have had a tough deal in the cryptocurrency market, especially with their notorious reputation for being 'pump-and-dump' investments. This is largely down to their consistent lack of utility, and that is where Anarchy's plans begin.
To remain relevant in the market, Anarchy (ANA) will be entrusting its development to its DAO, where committed token holders will be involved in keeping the platform fresh with ideas for utility. Every month, members of the DAO and developers will give suggestions for profitable projects to be added to the Anarchy (ANA) network. The DAO votes on the suggestions, and implements the most profitable ones.
The crypto projects are often DApps that drive traffic to the Anarchy (ANA) platform, thus increasing the ANA token price by increasing the demand for the tokens. Once the projects start generating profits, the members of the DAO share them according to how much ANA coins they are holding.
So you see, profit on Anarchy (ANA) is not going to be a one-time affair, or whenever there are news trends. As an Anarchy (ANA) user, you will have access to passive income through the DAO, and when you combine that with the potential 100x ANA price spike, Anarchy (ANA) starts to look like a better way to end the year on a high indeed.
Here's how to get started on the Anarchy (ANA) platform.
Anarchy's presale has been getting all the attention lately, as whales from rival meme coins have trooped to the presale website to bag their ANA tokens and secure a perfect ending to the year.
So it's best you head here now to get your ANA tokens before the profit window closes.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.