The new memecoin Wall Street Ponke (WPONKE) is starting to gain popularity among traders as well-known tokens Shiba Inu (SHIB) and PEPE lose momentum.
Dynamics of Memecoins SHIB and PEPE
Shiba Inu (SHIB) remains one of the largest meme tokens by market capitalization. Between July 13 and 14, SHIB increased by more than 3%, reaching a local high of $0.00001416; however, it quickly fell back to $0.000013720. As of July 15, it again dropped to $0.00001287, losing 6.4% in a single day. This rise followed Bitcoin's surge above $122,000, which supported the altcoin market. The RSI on SHIB’s 14-day chart is close to the 70 level, which may indicate overbought conditions.
Wall Street Ponke and Its Unique Features
Wall Street Ponke (WPONKE) is developing a security-oriented ecosystem aimed at attracting retail investors. The project utilizes Ethereum technologies and features a real-time AI monitoring system that tracks new tokens, identifies scams, and assigns risk scores to each token. Additionally, WPONKE provides educational materials for traders of all levels, helping them avoid common pitfalls.
Growth Perspectives and Market Reactions
Despite its recent launch, Wall Street Ponke has already raised over $358,000 in its presale. During the presale, over 1.32 billion tokens have been staked. WPONKE shows significant popularity among users who are looking for technologies, security, and educational resources. While SHIB and PEPE continue to maintain their market position, interest is growing towards projects that offer real value and protection.
Wall Street Ponke has established itself as a project offering innovative solutions for safer memecoin investing, opening a new chapter in the dynamic world of cryptocurrencies.
