It’s been a hectic few days in the meme coin market, with Baby Doge 2.0 exploding by over 100%.

At the same time, the original Dogecoin has seen an uptick in momentum, with the coin’s price breaching the $0.07 level.

Traders are also turning to the brand-new meme token Evil Pepe Coin, drawn to its intriguing concept and potential for explosive growth.

Baby Doge 2.0 Takes Meme Coin Market by Storm With Huge Pump

Baby Doge 2.0 ($BABYDOGE2.0) is a new token that mimics the original Baby Doge Coin, itself inspired by Dogecoin.

Like many of the “2.0 tokens” that have flooded the market, Baby Doge 2.0 has seen an impressive start to its life cycle, with the token’s price soaring over 100% in the past few hours.

In its first few hours of trading, data from DEXTools shows that the token has hit a market cap of $1.41 million, with over $100,000 locked in the liquidity pool.

As the token continues to gain momentum, traders and investors are eagerly monitoring its performance – speculating whether it could match (or exceed) the gains made by the original Baby Doge Coin.

 Dogecoin Rallies Over 5% as Social Media Hype Builds

While the new Baby Doge 2.0 token is generating buzz, the OG meme coin that started everything is back on a positive trajectory.

In the past two days, Dogecoin ($DOGE) has risen over 5% and reclaimed the $0.07 level.

This surprise rally comes on the heels of a turbulent period for Dogecoin, which sank to a low of $0.0636 last week.

However, $DOGE bulls have retained their faith in the token and been rewarded with stellar gains.

With data from ApeWisdom highlighting that mentions of $DOGE are up 27% on social media over the past 24 hours, it’s clear there is growing excitement around Dogecoin as it shows signs of producing a sustained uptrend.

Could These Meme Coins Be Next to Explode?

As Baby Doge 2.0 and Dogecoin continue grabbing the attention, investors are already seeking the next wave of meme coins that could be poised to explode.