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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

continues to see operational efficiencies through use of a blockchain-integrated system, including increased security, faster transaction processing and reduced costs, benefiting Fund shareholders.”

Franklin Templeton says it is also tapping into the Ethereum ecosystem to explore opportunities that will benefit its investors.

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million.

PEPE Jumps 99% in 24 Hours, Now FifthLargest Meme Token by Market Cap

ization have seen gains. The newly launched cryptocurrency, pepe (PEPE), is leading the pack with triple-digit gains. Data collected from coingecko.com shows that over the last seven days, PEPE has risen 152.9%, with most of the gains coming from the last 24 hours as the token jumped 99% higher on Sunday.

Says

Franklin Templeton head of digital assets

Roger Bayston,

“Extending the reach of the Franklin OnChain U.S. Government Money Fund to Polygon enables the Fund to be further compatible with the rest of the digital ecosystem, specifically through an Ethereumbased blockchain. This furthers our distribution reach through a Layer-2 (L2) blockchain that has a proven track record.”

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On April 30, 2023, the top meme coin crypto assets by market capitalization are worth $19.11 billion. Over the past 24 hours, the valuation of all meme tokens has risen 1.6%. However, only two out of the top five meme coins by market capital-

Bitcoin.com News reported on PEPE and several other meme coin assets eight days ago. At that time, PEPE was the sixth-largest meme token asset by overall valuation. Today, PEPE is the fifth-largest, and the market capitalization recorded on April 22 of $141 million has risen to more than $303 million. On April 30, PEPE had $149.63 million in global trade volume, hovering just below cardano’s (ADA) daily volume on Sunday.

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The cost of living in the UK has been on the rise over the past few years, with soaring energy and fuel prices putting a strain on household budgets, creating a cost of living crisis. These increases are forcing families to re-evaluate their finances and make difficult choices to stay afloat. The cost of living crisis is forcing families to cut back on spending and search for new ways to adapt. Investors are no exception, as they look for strategies to safeguard their portfolios amidst these uncertain times.

The Rising Cost of Living: Why It Matters

The UK has seen a significant rise in the cost of living over the past few years. Several factors have contributed to this increase, including Brexit, supply chain disruptions, a surge in global energy prices, and higher inflation rates. The impact on families is undeniable, with a growing number of households struggling to make ends meet. The cost of essentials such as groceries, transportation, and housing has become increasingly unaffordable, forcing many to cut back on discretionary spending and even dip into their savings to stay afloat.

Investors React: The Shift Towards Responsible Investing

As the cost of living crisis unfolds, investors are looking for new strategies to adapt and protect their financial future. One approach gaining popularity is responsible investing, which takes into account environmental, social, and governance factors alongside financial performance. This investment strategy aims to promote sustainable business practices, positive societal impact, and long-term financial growth.

Responsible investing aims to promote sustainable business practices and positive societal impact, ultimately contributing to a more stable and resilient economy. As a result, investors are increasingly looking to allocate their funds to responsible investment products that align with their values and have the potential to deliver financial returns that help offset the rising cost of living.

Dollar-Cost Averaging (DCA) with Cryptocurrencies:AStrategyforUncertain Times

One investment approach that could help investors navigate the current financial landscape is dollarcost averaging (DCA) – a strategy that involves regularly investing a fixed amount of money into an asset, regardless of its price. This approach helps investors avoid the risks associated with trying to time the market and instead allows them to build their portfolios incrementally over time.

In recent years, cryptocurrencies have gained traction as an alternative investment option, with platforms like ICONOMI offering investors the opportunity to diversify their portfolios by allocating funds to various digital assets. Cryptocurrencies have the potential for significant returns and are increasingly being considered as a hedge against traditional financial markets and inflation.

By adopting a DCA strategy with cryptocurrencies on ICONOMI, investors can spread their risk over time and potentially capitalize on the long-term growth of digital assets. Moreover, ICONOMI offers an easy-to-use platform for both beginners and experienced investors, with a range of pre-built portfolios designed to cater to different risk profiles and investment goals

As the cost of living in the UK continues to rise, investors are increasingly considering responsible investing products and alternative investment strategies to navigate these challenging times. By allocating funds regularly through a dollarcost averaging approach and diversifying your portfolio with cryptocurrencies on ICONOMI, you can potentially create a more resilient financial future in the face of an uncertain economy. The key to success lies in staying informed, being proactive, and adapting your investment strategy to align with the changing economic landscape.

By exploring responsible investing opportunities and incorporating cryptocurrencies into your investment strategy, you are not only safeguarding your finances but also contributing to a more sustainable future. As we continue to grapple with the rising cost of living, it is essential to remain flexible and consider new approaches to wealth management.

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