Early Bitcoin investor Davinci Jeremie, who urged people to invest $1 in Bitcoin in 2013, has become the brand ambassador of the PEIPEI meme coin.
And he said in a post on social media platform X that PeiPei is headed for a market cap of $1 billion, up from $157 million now.
The one-month-old PEIPEI, based on the iconic Pepe meme and infused with a dash of Asian culture, has surged 14% in the past 24 hours to trade at 0.0000003702 as of 7.44 a.m. EST, according to GeckoTerminal .
Jeremie has previously promoted PEIPEI, saying on July 13 that “If you don’t buy PEIPEI, you are a fool.”
Jeremie’s public wallet address shows he currently holds 2.1 trillion PEIPEI tokens valued at around $778K.
Davinci Jeremie An Early Bitcoin Advocate
Eleven years ago, Jeremie made a YouTube video that urged people to buy at least $1 worth of Bitcoin.
“If you want to become wealthy in the future, I suggest you take $1, buy some Bitcoins, and put it in a wallet,” he said.
Since then, Bitcoin has surged by over 90,000% from its 2013 price of less than $100.
Meme Coin Sector Surges
The meme coin sector has surged more than 17% in the past week with Andy, Popcat, and Dogwifhat leading gains among the biggest meme coins with jumps of 104%, 54%, and 46%, respectively.
Meme coin presales are also benefitting from the boost to sentiment.
The Pepe Unchained presale has just blasted past $4.1 million amid rising interest, while the Play-to-Earn canine-themed game PlayDoge has pulled in over $5.7 million. Another hot project called WienerAI has surged past $7.5 million and is now offering investors a last chance to buy.
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