Pepe October (PEPEOCTO), the latest addition to the meme coin market powered by the Solana blockchain, is expected to rally ahead of the eponymous Shiba Inu and Dogecoin to attain a growth rate of 19,000%.
This is a boost to the meme coin market as a whole. The prospects of a newly launched meme coin growing far ahead of the giant Bitcoin bring a new ray of hope to the altcoin market as a whole.
This big news has come days before PEPEOCTO will be listed on major cryptocurrency exchanges. Once the listing happens, this Solana-based meme coin will grow in price and value with many investors trading the coin.
As Pepe October is expected to grow, early investors can purchase the coin from decentralized exchanges such as Jup.ag and Raydium.io, which are powered by the Solana blockchain.
Even the investors of Shiba Inu and Dogecoin are flocking to invest in Pepe October. This could contribute to making the coin the next viral meme coin of 2024.
Following the path of its predecessors, Shiba Inu and Dogecoin, Pepe October will also make some meme coin millionaires in a matter of weeks.
What could be the reason behind PEPEOCTO’s fame? The major reason is the huge amount of liquidity with which the coin has launched.
Pepe October was launched with over $9,000 of liquidity. This vast liquidity is good enough to accommodate a large number of investors in this project.
The large meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) have lost significant momentum recently.
They are trading sideways without any significant growth. This situation has also contributed to the growth of the Solana-based Pepe October (PEPEOCTO).
How to Buy Pepe October (PEPEOCTO)?
You can purchase the Pepe October (PEPEOCTO) coins from Solana-based decentralized exchanges such as Raydium.io or Jup.ag. It will soon be listed on other centralized exchanges too.
To purchase PEPEOCTO tokens, you should connect your Solflare, MetaMask, or Phantom wallet to any of the above-mentioned exchanges. If you do not have an account on any of these wallets, you can create one using the given instructions.
You should fill the wallet with the required amount of Solana coins to exchange for the PEPEOCTO coins and pay the transaction fees.
Now you can buy PEPEOCTO after entering the contract address, 3TQoPEwAXAQZ7RPs1h3TwZ7QwWDz2UDda5yvYPVrQakJ, in the designated space.
Future of Solana-based Meme Coins
The decentralized finance (DeFi) market will soon witness a meme coin revolution; its ripples are already visible. Many factors work in favor of Solana to make it the ideal choice for launching meme coins.
The Solana architecture is built in such a way that all operations can be done with considerably lower transaction fees. This makes the blockchain attractive for meme coin developers. Many investors also flock to Solana-based meme coins for this reason.
Another notable feature of the Solana blockchain is its high scalability and speed of transactions. The proof of history consensus mechanism ensures speed and scalability through sanctioning parallel transactions.
Solana also has strong community support of developers and followers who support the blockchain platform at times of technical crises.
Moreover, the Solana ecosystem is decentralized so that meme coin developers can make decisions based on their requirements rather than relying on a centralized authority.
The unique proof-of-history concept approves a transaction only if all the concerned nodes agree to it. There is no chance of a security fault in such types of transactions.
The future of the Solana-based meme coins is so bright and vivid. They are thriving and offering swift competition against other mainstream cryptocurrencies.
Solana-based meme coins such as PEPEOCTO will integrate their tokens with real-world utilities to preserve value, drive growth, and offer an alternative that helps crypto adoption by eliminating all entry-level barriers.
The Bottom Line
Solana-based meme coins such as PEPEOCTO have a bright future. You can safely invest in this meme coin so that you will become a millionaire owner of digital assets. If the current meme coin revolution continues, PEPEOCTO will be the front-runner in bringing in large-scale investments.
You should invest in PEPEOCTO at the earliest to gain large-scale benefits with considerably low investment.