Bitcoin's Meme Coin PUPS Soars Amid Controversy and Hype

By: Eva Baxter

Bitcoin meme coin, PUPS, has seen an astounding 81% surge amidst a wave of controversy and intense hype. The newfound attention was sparked by a vocal crypto trader's defense of the token, which added fuel to the ongoing buzz in the cryptocurrency community.

The rise in PUPS can also be tied to the impending release of Ordinals and Runes, projects helmed by long-time Bitcoin developer, Casey Rodarmor. These projects have managed to cultivate a level of authenticity among users, thereby adding to the craze.

However, it's critical for potential investors to proceed with caution. Despite the hype and exponential growth, the controversy surrounding PUPS illustrates the unpredictable and volatile nature that can often be part and parcel of the cryptocurrency market.