Altcoin
Is a strong recovery or further decline expected for the altcoin giant?
Despite a stellar launch of Ethereum Exchange Trade Funds on July 23, 2024, this altcoin giant has plunged in price by 8%. Thus, it has raised doubts as to whether Ethereum is heading for a retest of the $3k support by the end of the month or whether it will fall further.
Historically, Exchange Trust Fund (ETF) launches often lead to a “sell-the-news” dip, a pattern seen in past approvals. Recent distributions of Bitcoin and stock market liquidations have contributed to the Ethereum price crash. As this altcoin giant trades at $3,100, it is showing signs of vulnerability and more bearish sentiment is expected.
While there may be short-term corrections, investors are exploring new altcoins ahead of the 2024 bull run. In this article, we will look at these projects and their offerings. So, get your crypto wallets ready and let’s dive into these promising crypto gems of the year.
Pepe Unchained (PEPU): A Layer 2 Network for Meme Coins
Have you ever tried to trade a token on Ethereum and found yourself with huge gas fees? That’s where Layer 2 networks help, speeding up transactions and cutting fees. Pepe Unchained is bringing this technology to meme coins.
This project’s Layer 2 network aims to be 100x faster than Ethereum, allowing meme coin investors to trade, stake, and HODL without high fees. Additionally, a staking protocol for the PEPU token offers annual returns of over 300%.
Since the presale began, Pepe Unchained has gone viral on social media, gaining hundreds of new followers every day and securing top spots on CoinSniper.net. The presale has already raised over $5 million, with investors rushing to get in early as the token’s price increases in phases.
In particular, famous YouTubers like Austin, United States mention Pepe Unchained, thus increasing its visibility. While there is no “sure thing” with meme coins, Pepe Unchained’s Layer 2 plans and successful presale are grabbing attention. So, take advantage of its early stages and enjoy the best possible earnings in no time.
Meme Games (MGMES): A New Crypto Project Inspired by the Ongoing Olympic Games
Meme Games is a new cryptocurrency poised to become the official token of the 2024 Olympics. The ecosystem features five meme athletes, each representing an Olympic nation with unique artwork. For example, Pepe represents the French swimming team, while Doge is the United States 169-meter sprinter. Other athletes include Turbo from Italy, WIF from Great Britain, and Brett from Germany.
You can choose your favorite athlete, each with a 20% chance of winning the Meme Games event. Those who choose the winning athlete receive a 25% bonus on their pre-sale investment. The Meme Games pre-sale launched last week and has already raised over $250,000. It will run throughout the Olympics, concluding on September 8, 2024, coinciding with the closing ceremony of the Paralympics.
Additionally, Meme Games offers a staking program with an APY (Annual Percentage Yield) of over 900%, providing passive rewards for holding the token. Investors can participate in the presale without KYC requirements, making it accessible to all budgets.
Experts predict returns of up to 100% in the coming months. This unique play-for-profit project promises huge upside potential and capitalizes on the global appeal of the Olympics, making it an attractive investment opportunity.
Wiener AI (WAI): An AI-based meme project spurred by massive growth
If you are looking for innovative investment opportunities with excellent potential returns, consider Wiener AI. This unique project combines innovative AI technologies with a focus on improving cryptocurrency traders. It also focuses on developing advanced AI solutions, including data analytics, process automation, and intelligent support systems.
Investing in Wiener AI is easy and safe. Simply visit the project website and follow the instructions to purchase presale tokens. The process is intuitive and protected by high-end technology.
As the project develops, the token value is expected to increase, providing greater returns to investors. By investing, you also support innovative solutions with real social and economic benefits. Surprisingly, the $7 million raised during the pre-sale reflects the immense confidence of investors in the project.
With a strong team and ambitious goals, Wiener AI has the potential to become a major player in the AI technology market. So, make an effort to invest in this exciting project and enjoy significant returns in return.
PlayDoge (PLAY): An Exciting Play-to-Earn (P2E) Meme Project
PlayDoge has made waves with its impressive $5.5+ million raised during its ongoing pre-sale phase. The project’s unique story is about a meme trader who discovers the PlayDoge app, where his favorite Doge thrives in a 90s-style pixelated game.
This touching reunion introduces play-to-earn rewards, enhancing the PlayDoge experience. Players earn PLAY Tokens as in-game currency, which can be used to purchase items and unlock features. An XP system tracks progress, and top-ranked players receive extra PLAY Tokens.
Another notable feature is the ease of acquiring PLAY tokens via Ethereum, Tether, or a bank card. The price is currently $0.00522 per token, but a price increase is expected soon to incentivize early investors.
PlayDoge’s engaging and nostalgic storyline, coupled with its solid pre-sale results, make it a compelling project in the cryptocurrency world. Try to check it out as soon as possible.
Shiba Shootout (SHIBASHOOT): A meme platform that brings P2E gaming to the wild west of cryptocurrency
Shiba Shootout is another viral meme coin that is making waves with its play-to-earn mobile game. The game is already available in a basic version on Google Play and the App Store. The full version will launch later this year, allowing players to earn SHIBASHOOT tokens, the game’s native ERC-20 currency.
SHIBASHOOT tokens act as the in-game currency and provide access to various features and rewards. The game also offers the Cactus Staking system, where players can lock up their tokens to earn more over time (currently 1,200+% APY) and Lucky Lasso lotteries to win bigger cryptocurrency prizes.
The Shiba Shootout presale has raised over $770,000 and is nearing the $1 million milestone. The tokens are currently valued at $0.0197 each. The presale is being conducted in phases and the price will increase as it progresses. Once the presale is over, plans are in place to list SHIBASHOOT on exchanges.
Overall, this project is set to be the next big meme coin of 2024, combining community hype, social media momentum, and a unique Wild West theme. So, consider adding this project to your portfolio and enjoy guaranteed earnings before the end of the year.
Hypeloot (HPLT): A New Crypto Casino With Innovative Rewards
Hypeloot is a new crypto casino that offers unique daily rewards based on casino performance. Using a buy-back-burn system, Hypeloot purchases HPLT tokens every day, burns half of them to reduce the supply, and sends a portion to the staking pool for daily rewards.
Since the presale began on February 1, 2024, Hypeloot has raised over $2 million. The token is currently priced at $0.12 and will be $0.20 when listed on exchanges. The total supply is capped at 100 million, with 40% available for presale and 12.5% for staking rewards. Early buyers also have access to Hypeloot’s Hypes NFTs, adding more value to their investment journey. Don’t miss out on this seminal project that is reshaping the crypto casino landscape.
Get Ready for Bullish Gains with These Top Cryptocurrency Projects
Ethereum’s recent 8% drop adds a dramatic layer to the cryptocurrency market. Even as it faces this setback, Ethereum’s resilience highlights its lasting potential. However, the spotlight is now on exciting new projects that could surpass this altcoin giant.
For savvy investors who want to capitalize on the upcoming bull run, it is crucial to diversify and explore the innovative newcomers we have discussed in this post. Now is the perfect time to get in early on promising projects. Seize the moment and stay abreast of the evolving cryptocurrency landscape.