Crypto meme coin markets remain in a state of frenzy, with new coins popping up every day and many surging as investors hunt out the next major meme coin success story.
Here are the top five trending Ethereum-based ERC-20 coins on decentralized exchange (DEX) analysis website DEX Tools.
Pepe (PEPE) is back to the number one spot on the DEX Tools trending coins list.
That’s despite the fact the token is still moving sideways in the $0.0000014s, with its market cap hovering around $600 million.
Analysts are skeptical that the meme coin has the momentum to experience much further upside, given its already bloated market cap (meaning PEPE tokens can be considered as “expensive” at the current price), and the fact that the fast-moving meme coin market may already be moving on to new things.
After stumbling in the last few days, the RefundCoin bulls are back in the driver's seat.
RFD/USD was last changing hands on Uniswap at around $0.00008 per token, not far from its recent all-time highs in the $0.0001 area and up over 220x versus its listing price of around $0.0000036.
According to Refund Coin’s Twitter, the token was launched by a pseudonymous Ethereum wallet holder called blurr.eth who is estimated to have a net worth of at least $100,000,000 and be an original Ether whale.
PSYOP, the meme coin launched following a controversial presale by the creator of the Ben token (BEN) Ben.eth is trending on Thursday.
PSYOP was last changing hands just under $0.003 as Ben.eth continues to airdrop PSYOP tokens to presale investors.
At current levels, PYSOP is trading around 3x up versus its decentralized exchange listing price and has a massive market cap of over $1.5 billion, though this is inflated by artificial scarcity, with Ben.eth stillRead more on cryptonews.com