As speculation about a new supercycle intensifies, experts remain optimistic about meme tokens despite mixed performances. Whale Insider has curated a list of meme coins to monitor this month, dominated by Pepe-themed tokens.
Among them, Pepe Unchained ($PEPU) is generating buzz with its potential to reach a $20 million ICO.
Pepe ($PEPE): The Reigning Meme Coin King
Launched in 2023, Pepe has seen remarkable growth, achieving a market cap of $3.9 billion according to CoinMarketCap. Its success has spawned numerous imitators and variations on the frog theme, solidifying its position at the top of Whale Insider’s watchlist for October.
Wrapped Internet Friends ($WIF): Runner-Up in the Meme Race
With a market cap of $2.45 billion, $WIF has carved out a significant niche in the meme coin ecosystem. While not frog-themed, it represents the diverse nature of meme-inspired cryptocurrencies that have captured investors’ attention.
Moggie ($MOG): Feline-Themed Token Gaining Traction
Sitting at a $563.9 million market cap, $MOG demonstrates that cat-themed tokens can compete in a market dominated by amphibian imagery. Its presence in the top three suggests a broadening appeal of various meme inspirations.
MewTwo ($MEW): Pokémon-Inspired Crypto Making Waves
With a $501.4 million market cap, $MEW taps into the nostalgia and global appeal of the Pokémon franchise, showcasing the power of recognizable themes in the meme coin space.
Turbo ($TURBO): Accelerating Through the Ranks
At $359.7 million market cap, $TURBO’s name implies speed and performance, qualities that resonate with crypto enthusiasts looking for quick gains in the volatile meme coin market.
Pepe Unchained ($PEPU): The Rising Star of Pepe Variants
While not on Whale Insider’s list, Pepe Unchained is generating significant interest. Positioning itself as an enhanced version of $PEPE, it aims to overcome Ethereum’s technical limitations by operating on its own Layer 2 network. This ecosystem promises to be 100 times faster and more cost-effective than Ethereum, featuring a DEX, an Ethereum bridge, and a block explorer.
Pepe Unchained’s ICO has already raised $19.4 million, highlighting strong investor confidence. The project’s comprehensive approach, including developer support, positions it as a potential hub for future meme coins.
Additional Tokens to Watch
Whale Insider’s list also includes several other noteworthy meme coins:
- SunDog ($SUNDOG): $230.4M market cap
- Apu ($APU): $137.6M market cap
- Frog ($FWOG): $136.9M market cap
- Mumu ($MUMU): $105.7M market cap
- Retardio ($RETARDIO): $96.9M market cap
- Daddy ($DADDY): $78.5M market cap
- Wen ($WEN): $73.8M market cap
- PeiPei ($PEIPEI): Market cap not specified
- Joe ($JOE): Market cap not specified
As the crypto market recovers from recent Middle East tensions, October could see these meme coins attempt new breakouts. Investors are advised to conduct thorough research and exercise caution in this highly volatile sector.