Which Meme Coin Will Reach $0.01 First – Turbo, Pepe or Bonk?
Milestones are a huge narrative in the wild meme coin world. Often, traders are focused on market cap.
If a meme coin can hit $100 million, that turns a lot of heads and signifies that it could have long-term staying power.
If a meme coin can become a unicorn crypto – i.e. a market cap of $1 billion – this is a monumental milestone.
But meme coin traders frequently focus on price, setting fun price targets.
This was most famously the case with Dogecoin. DOGE reached $0.01 in December 2017, a 1,000x up from its 2015 lows.
It then proceeded to claim the $0.1 in 2021, before reaching around $0.74 later in the year.
Dogecoin traders are of course focused on the $1 level. That would coincide with DOGE hitting a market cap of above $140 billion.
Some think that, assuming a parabolic stage to the crypto bull market is yet to come, DOGE could punch this high in the coming years.
Part of the fun in meme coin markets is creating a massive token supply and a tiny price with many zeros.
But as cryptos progress like DOGE did, zeros are erased. So, could up-and-coming coins like Turbo, Pepe and Bonk soon hit $0.01?
ChatGPT-designed meme coin Turbo (TURBO) was last trading just under $0.006.
That leaves it just over 40% down from the crucial $0.01 level it nearly hit earlier in the year.
It would only take a 60%ish jump from current levels for TURBO to hit $0.01.
In meme coin markets, a 60% jump is nothing. Meme coins are famed for posting quick exponential gains.
With a current market cap of $370 million, there remains plenty of room left for TURBO growth.
This meme coin could easily hit $1 billion, which would take its price well above $0.01.
Pepe (PEPE) is one of the biggest meme cryptos currently on the market. Its
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