Altcoins
Is PEPE Coin the standard bearer of emerging frog coins? Analyst lists altcoins set to explode
Analyst Mathew Perry recently talked about “frog coins” that are lesser known outside of major cryptocurrencies. He explained the growing interest in meme coins, including coins resembling dogs and cats, and highlighted the emergence of frog coins as a new sector. Speaking about the potential of early-stage projects, he aimed to explore opportunities beyond the first 100 or 200 pieces, suggesting they could generate good returns. Here is the list of potential altcoins that could explode:
Frog Coin 1: Croak
He drew attention to a specific project called Croak, which currently trades at around 0.14 cents per token. Despite a slight recent decline, it showed growth from its lowest levels of the last day. Croak has a market cap of $2.85 million with 2 billion coins in circulation and around $500,000 in liquidity, making it relatively safe for its size. The analyst spoke about the significant growth potential of projects like Croak with an increase in trading volume, potentially reaching market capitalizations of $3 million, $4 million, or even $10 million.
Frog Coin 2: Peipei
The analyst then discussed another project, recently covered, which is Peipei. He expressed pleasant surprise at its performance, noting that it posted a 3% increase today with a market capitalization of $81.7 million and a daily trading volume of $14.8 million. He talked about Paye’s growing popularity and liquidity, hoping for more traction as it gains stock listings and community support.
Frog Coin 3: Bome
Moving to another project, Bome, with a higher market capitalization of $735 million, the analyst highlighted recent price declines as a potential buying opportunity. He highlighted its large trading volume of $24 million, which indicates strong market interest and liquidity. The analyst expressed confidence in Bome’s growth potential, noting its availability on several major exchanges and numerous trading pairs.
Frog Coin 4: Pepe
Finally, the analyst mentioned Pepe, a well-known coin, whose market capitalization currently stands at $5.7 billion. He confidently predicted major future growth potential for Pepe, predicting that it could reach a market cap of $42 billion or even more during the upcoming altcoin season.