Daily Crypto Update: Mimetic [MEME] Rises 51.24% in 24 hours!

Daily Crypto Update: Mimetic [MEME] Rises 51.24% in 24 hours!

There are many currencies that have gained in the last 24 hours but the currency that left everyone behind is Memetic / PepeCoin [MEME].

Memetic / PepeCoin [MEME] has risen 51.24% percent in the last 24 hours. The cryptocurrency saw a low of 0.090 USD yesterday, July 02 and is now being traded at 0.129 USD.

What is Mimetic/Pipecoin [MEME]?

A Proof of Stake and Proof of Work hybrid cryptocurrency platform for the Kekdaq decentralized Meme hashing exchange and IPFS meme storage platform. Named PEPE first, now also named MEME.

Memetic is an open source peer to peer cryptocurrency also known as PepeCoin, launched in March 2016 and under continued development. PepeCoin was renamed to Memetic due to pressure from the ADL and “politically correct” exchanges, was renamed back to PepeCoin in March 2017 and now uses both names.

Memetic / PepeCoin is digital decentralized crypto-currency, a hybrid mix of several other cryptocurrency projects, plus a lot of custom code and goals. Memetic incorporates both blockchain 2.0 and blockchain 3.0 technologies and is under continued development.

A Decentralized Meme Exchange Protocol. Kekdaq is the first true protocol fork of Counterparty that lives on the Pepecoin blockchain (Pepecoin ANN) and aims to serve a much-needed place to preserve memes and the rarity of said memes. Kekdaq allows you to create, trade them with other meme connoisseurs and to serve whatever memetic properties one can dream of.

Reasons for the Rise:

Although there isn’t any specific reason for the recent gain of the cryptocurrency, the gain could be because of the highly volatile nature of the crypto market.

Other Major Gainers

The top ten cryptocurrencies that have gained considerably in the crypto market in the last 24 hours apart from Memetic / PepeCoin [MEME] are:

 Hydrogen (HYDRO) has gained 41.59 percent, and Selfkey (KEY) has gained 37.61 percent.

Primas (PST) has gained 32.84 percent, and StarCoin (KST) has gained 31.24% percent.

EDUCare ( EKT) has gained 26.87 percent, and Invest Digital(IDT) has gained 26.29 percent.

0xBitcoin (0xBTC) has gained 26.24 percent, and YEE (YEE) has gained 25.17 percent.

Veritaseum (VERI) has gained 24.92 percent and the last cryptocurrency which made its way into the list of gainers is  Dragon Coins (DRG) with 23.99 percent.

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.