Pepe Coin (PEPE), one of the latest offerings in the decentralized gaming industry, has surged 9% over the last 7 days as the project’s presale has already reached a whopping $165k in investor contributions.
The game’s pre-sale period is set to end on September 15th, with the main sale running until September 30th.
With almost 500 million tokens currently in circulation, PepeCoin is the official currency of the ‘Meme-opoly’ game. It is a Web3-powered game that users can play using their own NFTs (non-fungible tokens) that unlock in-game rewards.
The value of the PEPE token has seen steady appreciation, having surge from an average of around $0.09 in early August to around $0.18 in the last 7 days, an impressive increase of over 90%.
Furthermore, PepeCoin is only the second decentralized gaming platform to support NFTs, after Decentraland (MANA), which is currently valued at around $0.22.
Overall, the PepeCoin project has been gaining traction in the Web3 gaming space, which many analysts view as the future of the gaming industry. The coin’s presale success indicates strong investor confidence in the project’s potential and the team’s focus on creating an immersive gaming experience.