The cryptocurrency market is witnessing notable movements with Pepecoin and BasedAI, both showing significant gains against Ethereum (ETH) in recent weeks. Pepecoin has surged 4.5 times versus ETH in just three weeks and is expected to rise further around the upcoming BasedAI main net launch. Investors and enthusiasts are particularly excited about BasedAI, drawing parallels to previous successful projects and emphasizing its development by the original developers of Pepecoin. Amidst a broader market downturn, both Pepecoin and BasedAI have remained resilient, with predictions of new all-time highs (ATH) and substantial market cap increases. Pepecoin's market cap has risen by 39% to $255 million, while BasedAI has seen a 66% increase to $163 million. These movements are being closely watched, with many considering them the leading cryptocurrency plays of 2024. The excitement around BasedAI is partly due to its comparison to TAO x FHE, developed by the original developers of Pepecoin. Additionally, there's anticipation that Pepecoin could reach a price point of 0.000022+ and potentially achieve a billion-dollar market cap.