As the Pepe (PEPE) price continues its upward trajectory, soaring 30% in the past 7 days, investors are pondering the possibility of achieving 100x gains with this meme coin. Pepe is currently trading around $0.00001350, boasting a market cap of approximately $5.7 billion. While the notion of Pepe reaching a market cap of $570 billion seems ambitious, its outlook remains favorable in light of recent developments.

Short-Term Expectations vs. Long-Term Potential

In the short term, achieving 100x gains for Pepe appears improbable, especially considering its already substantial market cap. To put things into perspective, Ether (ETH), the cryptocurrency fueling the widely adopted Ethereum blockchain, has a market cap of $450 billion, underscoring the magnitude of such a feat for Pepe.

Pepe's Market Cap Still Lags Behind Dogecoin

Despite its recent surge, Pepe's market cap remains four times lower than that of Dogecoin. Given Dogecoin's potential to experience significant growth during this bull market, there's room for Pepe to catch up and potentially post gains of 10x from its current levels. This implies a price target of $0.00010 for Pepe, should it follow a similar trajectory to Dogecoin.

Pepe's Position Amidst Ethereum Ecosystem Growth

Traders are aggressively accumulating Pepe amid growing expectations for Ethereum ETF approvals by the SEC. With Pepe positioned as a potential beneficiary of accelerated Ethereum ecosystem growth, its market cap could further expand, paving the way for substantial gains in the future.

Exploring Alternatives: Dogeverse (DV)

While 10x gains might satisfy most investors, those seeking greater upside potential may consider emerging meme coins. Dogeverse (DV), a multi-chain meme coin with unique cross-chain capabilities, presents an intriguing opportunity for investors hunting for substantial gains. Launching on the six most popular blockchains (excluding Bitcoin) and boasting cross-chain bridging capabilities, Dogeverse aims to be the "Doge with superpowers."

Acting Swiftly on Opportunities

With Dogeverse currently in presale and having raised over $15 million, investors interested in capitalizing on its potential should consider getting in early ahead of its official launch.

As investors navigate the meme coin landscape, both established tokens like Pepe and emerging projects like Dogeverse offer avenues for potential growth and diversification within the market.