While XPEPE Token Shoots Up 1,000% Overnight, Viral Coin Wall Street Memes Just Raised $20 Million – How to Buy Early?

cryptonews.com:

As leading meme coin Dogecoin (DOGE) continues to make gains into August, straight to DEX meme coin launches aren't missing out on the action - and latest market entrant XPEPE token has pumped a magnificent +1,000% overnight.

The meme coin vertical has seen a strong month as top tokens appear to be pushing up, Dogecoin surged +16.73% this month, while fresh-faced sensations such as Pepecoin saw -15% to the downside.

Some of the biggest movements have come from meme coins launched straight to DEX, and 21 day old XPEPE token undertook a jaw-dropping +1,000% rally in the early hours of August 2.

Now in minor local retracement following the sensational move, XPEPE is currently trading at $0.093652 with the overall 24-hour change now standing at +226%.

The outlandish +1,000% pump was driven by a sudden influx of $205k in liquidity, triggered by an initial bounce from support at 18:00 on August 1.

Eagle-eyed DEX traders noted the strong technical bounce from support, and 500 traders rushed to claim a position as the skyrocketing price action pushed up.

Surging from a lowly $0.0109685, XPEPE pushed up to smash a zero and topped out at $0.095820 - delivering an alluring +1,000% return to early buyers.

However, as with most DEX pumps, the initial 4.91k transaction hysteria soon gave way to fears about limited liquidity locked (just $106k - significantly below the 24-hour volume and total market cap), and price action moved into a substantial retracement move (currently around -40%).

The downside move has given way to fears that the moon-shot opportunity could have come to a premature end, but as DEX traders race on with the hunt to find the next trade - smart money have begun rotating into a lucrative presale opportunity with similar