In the last few weeks, Ethereum gas fees have skyrocketed to t꧙heir highest level i⭕n over a year.
And one of the main catalysts behind this was the explosion of the $PEPE meme coin which resulted in major trading ac♔tivity.
Furthermore, the launch of $PEPE rei♈gnited the meme coin buzz, with several other coins adding to the gas fee spike in the meantime.
This put PEPE under the ♍community spotlight, with many investors now debating whether this coin will continue growing in the future.
But if you ask the seasoned experts? They say th⛄at meme coins like and are in for a much bigger profit treat.
Let’s check out the details.
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$PEPE Frenzy Pushes Ethereum Gas Fees to $15 - What’s Next and Why Do Experts Suggest Focusing on Alternative Meme Coins Like $SPONGE and $AI?
On May 4th, ✨the average cost of a single transaction on Ethereum reached a staggering $15.82, highlighting the impact of the current craz🥀e surrounding the $PEPE meme coin.
We also saw Pepe’ඣs trading volume soar over $150 million on Uniswap, surpassing the🌺 volumes of Wrapped Bitcoin and USDT stablecoin.
PEPE's meteoric rise in popularity is evidenced the recent entry into the top 100 largest cryptocurrencies by market capitalization on May 1st, with a valuation🦩 of over $500 million.
Since then, the token has continu♒ed to shine, now trading at a market value o𒐪f $879 million.
As with any majo꧙r surge in the market, ot♚her meme coins like Spongebob (SPONGE) and AiDoge (AI) are likely to be silent earners that bring in massive profits for savvy investors.
Spongebob Token ($SPONGE) - Potentially the Most Profitable Meme Coin of the Year
On May 4th, the SpongeBob Token made a “profit tsunami” and shocked the entire crypto community.
The token went viral within hours of launch, surging a remarkable 700% in just 24 hours. Currently ranked in the top🌼 3 gainers on DEXtools, everyone i🐎n the industry is paying attention to its progress.
One of the factors contributing to its success is the nostalgia around the beloved SpongeBob SquarePants TV show. It’s the most-watched children's TV show of all♚ time, and interestingly, its view🥃ership overlaps with the age group of most crypto traders.
Another huge feat is that despite the challenges that mo♚st crypto coins face when it comes to liquidity during ralไlies, SpongeBob Token has locked liquidity with Team Finance to safeguard its value.
With all the💫 right ingredients to♋ be the next 100x meme coin, many crypto analysts suggest that now is the perfect time to capture the price of before another bull run emerges.
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AiDoge ($AI) - Upcoming Crypto Ecosystem that Harnesses AI Technology and Brings Mass Innovation
By combi💙ning the power of artificial intelligence and the 🐈popularity of meme tokens, AiDoge is set to revolutionize the way we create and share memes.
With AiDoge's simple text pඣrompt, users can generate memes in a matter of seconds, which opens up a world of possibilities for creators.
The $AI token is the nucleus of the AiDoge ecosystem becaus﷽e it is used to purchase credits for🅰 meme generation and provide incentives for users to create viral content.
Investors have been scrambling to secure tokens at the lowes🌳t prices during the ongoing presale, which has been a resounding success.
The ♊potential for AiDoge to lead the charge in meme creation and AI-powered applications is tremendous, making now t🌊he perfect time to invest in the future of internet communication.
Don't miss out on this ground-breaking project because the presale will eﷺnd soon.
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Cardano (ADA)
Although Cardano's pric🦩e is currently falling, the cryptocurrency is exhibiting some notable resi🍨lience.
Cardano's current situation may change quickly and it’s why investors seem to be placin💖g bets on it long-term. Some predict that the cryptocurrency will see gains of🧸 up to 20% by the end of the year.
Conclusion
The new meme coin Pepe has cau🧔sed quite a stir in the crypto market, particularly after its “price frenzy” led to a huge spike in 🌱Ethereum gas fees.
But While Pepe's meteoric rise has been impressive, coins like $SPONGE and $AI arꦬe deemed as the next “profit tᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚime bombs” according to dozens of savvy investors and seasoned analysts.
Not only are they bringing a ton of innovation to the table, but their fundamental technology could easily drive tꦛhe price up by at least 50-80x in the upcoming weeks.
However, if you want to join the people that end🔜 up making a profit from them, you shouldn’t wait too long before inve♐sting.
Things are moving quickly with both tokens and you might just end up missing the profit train if you don’t take immediate action.
