Since its launch on July 10, 2023, DEDE the PEPE-Killer (ETH: $DEDE) has continued its attempt to #EatTheFrog, truly captivating meme token traders around the globe. This has allowed $DEDE, the Ethereum-based crypto project, to build an absolutely massive social media following in just 9 days.
At its height, DEDE the PEPE-Killer was trading for more than 13-cents per token, and yielded a market cap as high as $10 million. $DEDE has since pulled back substantially, currently maintaining a market cap of around $1.09 million. As its name implies, it aims to overthrow PEPE from the spot as the top meme coin. One strategy that the developers have employed is offering low taxes of just 1% for all $DEDE trades.
Experienced traders, who have taken a close look at $DEDE, agree that it is highly undervalued. For one, it has consistent daily trading volumes just under $1 million, which is quite huge compared to its market cap. Additionally, its popularity online continues to surge, with experts predicting that it will break out soon.
$DEDE the PEPE-Killer’s Past and Future Objective
$DEDE has a long-term goal of growing its community and market cap. It is focused on going viral online.
According to the developers’ backstory for the meme coin, $DEDE and PEPE grew up together in the United States. One day, PEPE launched a token without telling his best friend $DEDE. Due to this betrayal, $DEDE launched his own coin to avenge himself and others who missed out on PEPE. Revenge will be achieved by making DEDE the PEPE-Killer the top market cap meme token in all of crypto.
As part of the backstory, $DEDE developers are working on a short film. The film will be released soon and help to grow the popularity of the token. At some point, the short film could even be turned into an NFT.
How Is The $DEDE Coin Unique?
$DEDE coin, which is trying to replace PEPE, prides itself in being a unique token. For one, unlike PEPE clones, it has a unique mascot, which looks nothing like Pepe the Frog. It has opted to use a unusually mean-looking bird that looks ready to devour PEPE. Additionally, the NFT art pieces for the project all stand out, and they look stunning. Another area to examine is the overall design of the website. Unlike the PEPE clones, the $DEDE website utilizes unique design elements to stand out and includes a standout action game named, Dede Battle Royale.
Future Price of $DEDE
The $DEDE meme coin achieved its highest price of 13-cents on July 12, 2023. At the time, it posted impressive daily trading volumes of around $7.4 million. Since then, $DEDE has consolidated back to previous resistance levels turned hard support. In addition, daily trading volume still remains very high in comparison to its market cap.
[Click The $DEDE Chart Above To Trade On DexTools]
Our Conclusion
With a rapidly-growing following of over 5,000 on Twitter, DEDE the PEPE-Killer is a meme token worth watching. While part of its notoriety is drawn from its association with PEPE, $DEDE is unique enough to survive long-term. If you want a trade opportunity with a low valuation and high upside potential, be certain to add $DEDE to the top of your watchlist.
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