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Top meme coins have failed to inspire action over the last few weeks. That has turned the spotlight to new players with lower entry points and initial market caps.
On top of the trending list is Popo ($FROP). With an engaging narrative, the frog-themed Pepe rival is preparing to ride the next bull cycle.
Popo: A Brief Introduction to the Multichain Cousin of Pepe
Popo is the new amphibian warrior in the meme coin arena.
Themed around a blue poison dart frog, Popo is entering the market with eyes set on revenge and redemption. He is seeking vengeance against none other than Pepe, who abandoned their shared homeland, the “Motherground”.
Popo is determined to bring Pepe down and rally supporters to his cause.
Popo caters to anyone who missed out on Pepe’s quick rise to dominance.
With its clever branding, the project capitalizes on Pepe’s popularity. It claims to be the superior version of its cousin, with a more structured vision and roadmap.
$FROP is a multichain token. It will be available on eight blockchains, including BNB (main chain), Solana, Ethereum, Polygon, Avalanche, Arbitrum, Optimism, and Base.
How Popo Stacks Against Pepe
Pepe has gained a reputation for being “useless”. Just like Dogecoin, Shiba Inu, and other top meme coins, Pepe’s value is driven purely by speculation. It lacks any real utility or function. That is part of its appeal.
Popo plans to slightly change that narrative. The website clearly mentions that “$FROP is a meme-based cryptocurrency that lacks inherent value”. It is designed purely for entertainment.
But Popo stands out in the crowded market with tangible offerings. The roadmap mentions a farm game and a gaming lounge scheduled for launch in the fourth phase.
The $FROP Farm Game will immerse investors in Popo’s universe. At the same time, it gives them an excellent chance to earn rewards.
The Gaming Lounge is a hub where victories are celebrated, and alliances are forged, according to the white paper.
The play-to-earn element injects utility into Popo that could create long-term value beyond mere speculation.
Roadmap Progress: From Presale to Popo’s Rise
The first two phases of Pepe’s roadmap will cover the website launch, token contract creation, contract audits, and initial community-building activities.
The token contract has been audited by SolidProof and the project is KYC-verified by Pinksale. The smart contract code is publicly available on the website for anyone to see and verify.
The third phase, currently underway, is marked by the launch of the $FROP presale and aggressive marketing efforts. Top influencers in the Web2 and Web3 market are joining forces to build the #popoarmy.
The presale is accompanied by a passive staking system with attractive APYs. For better context, the APY stood above 1000% at the time of this writing.
High APYs are reserved for early backers. As more investors lock their tokens into the staking pool, the APY will decline accordingly.
Nearly one billion $FROP tokens have been staked so far.
Staking rewards are an excellent incentive for investors. It encourages them to hold and discourages premature sell-offs.
A burn mechanism will be employed to inject scarcity into the token economy. That, in turn, will support the value of the token over time. All unsold tokens from the presale will be burnt.
The Popo community is growing rapidly, with over 17,000 followers on X (formerly Twitter) and more than 5,000 members in its Telegram group. The widespread support from the community hints at a FOMO-fuelled debut for the token once the presale ends.
Last chance to get on the presale $FROPhttps://t.co/yjSAjcXzYo #POPOARMY pic.twitter.com/nRD6sR4q7p
— Popo (@poposmesh) September 16, 2024
Debut Exchange Listing Slated for September 30th
$FROP is set to make its first exchange listing on September 30th. The project has confirmed launches on both centralized and decentralized exchanges over the next few weeks.
Investors have only a few days left to get in on the presale.
The presale has raised $1.4 million so far. It continues to attract interest from the community. Since it is structured into multiple stages, the presale undergoes a gradual price increase, favoring early backers.
The presale supports payments in crypto as well as bank cards.
