As July begins, Ethereum shows signs of slowing growth, while the new meme token Little Pepe captures the attention of investors and traders.
Ethereum Slows Down
After rising from under $1,800 to $2,400, Ethereum appears to be pausing. This could indicate a consolidation phase, as capital tends to flow towards higher-risk altcoins when major assets like ETH pause.
New Meme Token Little Pepe
Little Pepe (LILPEPE) is a meme cryptocurrency reimagining what meme assets can provide. Priced at just $0.0013, this coin is attracting attention not only for its fundamentals but also for launching its own Layer 2 blockchain, providing zero fees and near-instant transactions.
Presale Dynamics of LILPEPE
The presale of LILPEPE is entering Stage 4, showing impressive traction with approximately 2.4 billion tokens sold out of 3.75 billion, raising around $2.7 million. This suggests increasing interest from investors.
Ethereum's current price action around $2,436 suggests a potential cooldown phase in July. However, during consolidation periods, new trends often emerge, making Little Pepe a project worth watching.