A new announcement by MoonPay — a Florida-based multinational FinTech firm involved in the transfer of cryptocurrency — introduced several new ways to buy Pepe on its platform. Some believe that this could cause a major price boost for Pepe, making it the best coin to buy before Christmas.
New Ways To Buy Pepe Will Increase Its Availability
The firm shared that Pepe (PEPE), the third-largest meme coin by market cap, is now available for purchase with Apple Pay, Venmo, PayPal, and “other frog-friendly payment methods.” The announcement also added that this will be available in 180 countries, meaning that the availability of these methods will cover the majority of the world’s nations.
Even in the U.S., traders and investors will be able to use PayPal, Venmo, Apple Pay, and more in all 50 states. This is quite noteworthy, as several states, such as New York, have become known for strict regulations when it comes to crypto and what is allowed and what is not.
The announcement was made yesterday, December 8, and soon after, the PEPE price surged from $0.00002462 to a resistance at $0.0000270, as some believe that the addition of new payment methods made PEPE the best coin to buy before Christmas.
The token briefly overcame this level to reach the price of $0.00002730 at one point, but for the most part, the barrier kept it from progressing further.
Not only that, but the PEPE price dropped over the past six hours as the start of the new week brought another sharp correction. Right now, the third-largest meme coin by market cap is back at the support at $0.0000250, around where it was at the time when the announcement was made.
However, with several new payment methods made available for PEPE, it is likely that many will go back to buying the coin once the current bearish wave passes, which could yet make PEPE the best coin to buy before the Christmas surge kicks off.
Alternatively, there is another project that has been attracting the attention of investors recently, known as Flockerz (FLOCK), which is currently not able to be affected by this week’s price drops.
BUY FLOCK AND START EARNING REWARDS BY VOTING ON PROPOSALS
Flockerz Could Be The Next Big Hit Among Meme Coins
Flockerz is a young meme coin that has not yet been released in circulation, which is why its price is not affected by the market sentiment and Bitcoin’s own price swings. Instead, it is still in presale, meaning that you can buy it but not use it for the time being.
However, there are three reasons why buying FLOCK while it is still in ICO is a very good idea. The first one is that cryptocurrencies are typically at their lowest when they are in presale, as the demand tends to push their prices up once they launch. This is usually the case with high-potential and high-quality coins and tokens, and many believe that FLOCK is one of them.
The second reason why you should consider buying Flockerz is its new model called Vote-To-Earn. It is a mechanism that rewards its token holders for participation in the project’s governance.
In other words, whenever you vote on a proposal trying to decide something for the project, you get rewarded with a small amount of FLOCK, which you can then withdraw to your wallet, or you can stake it and increase your FLOCK holdings further by earning staking rewards.
BUY FLOCK WHILE ITS PRICE IS LOW
Lastly, Flockerz is very community-oriented, and its goal is to ensure that users keep coming and that they stick around once they get a taste of what it has to offer. With voting and staking rewards available, many expect that the project will see a huge number of holders very quickly, which could increase the demand and cause its price to go up in the long term.
So far, its ICO already raised over $5.36 million, so there is definitely demand and a strong, growing community supporting the project, which you can join right now.
