Best Meme Coin to Buy Now: PEPENODE Raises $1.7M for First Mine-to-Earn Crypto

Dogecoin announced a significant update this week via its Cardinals Index Node, enabling anyone to operate a full node and verify on-chain activity with speeds that reportedly reach approximately 500 milliseconds.

The network’s hashrate also recently hit its highest level ever at 3.15 PetaHashes per second (PH/s), highlighting increasing mining activity and growing appetite for DOGE. However, as anyone who has tried to mine DOGE or considered doing so understands, the profitability of mining meme coins is simply not worth it.

Electricity bills cost a fortune, and unless you’re living somewhere where energy is dirt cheap, it’s almost impossible to turn a profit. Not to mention the technical expertise required to run mining software, plus the upfront cost of purchasing the mining hardware.

The solution? One answer could be PEPENODE. It’s creating the world’s first Mine-to-Earn meme coin – a fully on-chain virtual mining game that pays you meme coin rewards without the usual headaches. It’s currently in a presale and attracting significant investment, with over $1.7 million raised so far.

With a use case that offers a new, accessible way for meme coin fans to earn, is PEPENODE the best meme coin to buy now? Let’s explore what the project is all about, what analysts are saying, and whether it can transform its initial buzz into something long-lasting.

How PEPENODE works

At its core, PEPENODE aims to simplify crypto mining by focusing on what truly matters: community participation and rewards. It works by providing new users with an empty virtual server room, which they must then equip with Miner Nodes to generate mining power.

They can purchase and upgrade these nodes using PEPENODE tokens, and multiple node types will be available.  Different combinations yield different results, so users should test for the most effective setup and then double down.

It’s also worth mentioning that the most powerful Miner Nodes will be sold first, meaning that early network participants will have a bigger advantage, similar to traditional crypto mining.

Rewards are distributed based on the mining power generated, creating a fair and dynamic system that rewards activity and strategic planning.

An in-game leaderboard tracks each user’s power output, and top performers become eligible to earn additional meme coins, such as Pepe and Fartcoin. This adds a competitive element to the game and could extend its appeal to some of the world’s largest meme coin communities.

PEPENODE is built on the Ethereum blockchain and supported by ERC-20 smart contracts, providing the security and transparency characteristics of the world’s most robust smart contract blockchain.

PEPENODE’s deflationary mechanism hints at 100x potential

The PEPENODE token is the centerpiece of the ecosystem, used for rewards, paying for Miner Nodes and upgrades, and staking. As shown by the presale, this utility is generating significant demand. However, there is another factor to consider: limited supply. 

That’s because 70% of PEPENODE tokens spent in the store will be burned, creating strong deflationary pressure that could cause the supply to decrease quickly. This means incoming demand will be concentrated on a small pool of tokens, which could lead to substantial gains.

PEPENODE’s deflationary nature is partly why analysts believe it might be the best meme coin to buy, and why NazzaCrypto speculates it could deliver up to 100x gains. 

Why Mine-to-Earn is the best of both worlds 

Passive rewards are not new in the meme coin space. Dogecoin provides them through mining, while Shiba Inu offers much more accessible staking rewards. But what if you combine the two?

Imagine a model with actual progression, where users’ actions directly impact how much they earn, yet it still keeps the simplicity and accessibility of staking. That’s exactly what PEPENODE is bringing to the meme coin market – a new kind of gamified earning opportunity that’s easy to start.

Based on presale momentum, the project clearly has strong community support – and that’s exactly what you want to see for a new meme coin. No one can say for certain how far PEPENODE will go once it hits the open market, but one thing is for certain – it shows all the signs of a project with real buzz behind it.

Visit PEPENODE Presale