Crypto News- The meteoric rise of Bitcoin’s latest sensation, Pups, has left investors and enthusiasts howling with excitement. According to CoinGecko, Pups has seen an astonishing surge of almost 81% in just 24 hours. Starting the day at a modest $46.92, it quickly ascended to dizzying heights, peaking above $86.94, fueled by a Twitter frenzy that could rival a storm.
Howling Success: Pups Meme Coin Rockets 81% Amid Bitcoin Buzz
Ansem, a viral crypto trader, has emerged as a vocal advocate for this meme coin, which has now breached a market cap of $564,000. “Study pups,” he urged on Twitter, touting it as the pioneer meme coin on the venerable Bitcoin blockchain.
However, not everyone is ready to crown Pups as the undisputed king of Bitcoin meme coins. Critics have pointed to projects like MEME, questioning Pups’ claim to the throne. Ansem, in characteristic fashion, brushed off these challenges, asserting, “So first only matters when it’s funny to you.”
In a heated exchange, Ansem defended Pups’ title with colorful language, dismissing competitors as mere “words and letters in black & gold text.” This prompted a backlash, leading the Pups team to clarify their stance: “We are the first, not the first meme coin on Bitcoin.”
Despite the controversy, Pups is gearing up for a significant transition. Set to convert to a Rune later this month, it aims to embrace a more decentralized approach, mirroring the ethos of Bitcoin itself. The decision to migrate to Runes, a protocol touted for its decentralization, aligns with Pups’ vision of staying true to the Bitcoin way.
The recent surge in Pups’ value, skyrocketing by a staggering 1,056% last week, reflects investor anticipation surrounding the Bitcoin halving and the forthcoming launch of the Runes protocol—a bold step towards a new era of Bitcoin token standards, even for what some might dismiss as “shitcoins.”
Leave a comment