The crypto market is currently in a bear market and it seems like it will still be for some time.
Most prominent meme coins aren’t looking too good – these new cryptos are promising 100x returns upon release
The crypto market is currently in a bear market and it seems like it will still be for some time.
The meme coin market is facing the biggest hit out of them as it looks like none of the coins, except Shiba Inu, have breakthroughs.
Dogecoin is trading and its price is 2% lower compared to last week, whereas Pepe’s price is 4% lower. Shiba Inu has seen some increase in price and is trading at 8% higher.
However, you can still make big profits in the bear market. Experts are saying that Pepe Unchained ($PEPU), WienerAI ($WAI), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ) all hold enormous potential.
Let’s take a closer look below.
The current market situation for meme coins like Dogecoin, Shiba Inu, and Pepe is marked by significant activity and volatility. Dogecoin, a long-time favorite in the meme coin market, has experienced a slight increase of 2% over the last 7 days, trading at $0.1094. Its trading volume has also dropped, indicating bear market trends.
Pepe coin has also seen a drop in its value by 3.3% in the past week reaching a market cap of $3.9 billion. This price reduction reflects a broader market trend which is at the moment in decline. Also, there has been a significant coin dump which also affected the overall price.
On the other hand, Shiba Inu has shown notable resilience, rallying by 8.6% in the past week. Currently trading at around $0.00001663, Shiba Inu's market capitalization exceeds $9.7 billion. The coin's trading volume has surged, reflecting increased investor interest and activity.
All this isn’t infusing investors with confidence therefore they’re turning to coins that yet have to be listed. More notably, projects like Pepe Unchained ($PEPU), WienerAI ($WAI), Shiba Shootout ($SHIBASHOOT) and Base Dawgz ($DAWGZ) are promising significant returns.
Let’s check them out below.
Pepe Unchained ($PEPU) is the latest meme coin aiming to capitalize on the popular Pepe meme. Building on the success of the original Pepe coin, Pepe Unchained introduces its own blockchain, "Pepe Chain." This new blockchain is a layer-2 solution designed to address Ethereum's scalability issues, boasting speeds 100 times faster and significantly lower fees, as advertised on its official website.
The presale of $PEPU has been incredibly successful, raising over $3.3 million in a short period. Currently priced at $0.0083591, the token offers a cost-effective entry point for early investors. However, prices will increase as the presale progresses through its phases, so potential buyers should act quickly.
Staking is another critical component of Pepe Unchained's strategy. The platform offers an impressive 593% APY rewards for those who opt to stake their tokens, incentivizing long-term holding and participation in the ecosystem.
WienerAI ($WAI) is gaining significant attention in the crypto community, especially during its presale phase, which has already raised over $7.3 million. The project uniquely combines the meme coin appeal with innovative AI utility, offering a sophisticated AI-powered trading bot designed to enhance trading efficiency and profitability. This dual appeal has positioned WienerAI as a standout in the crowded crypto market.
The presale offers early investors the opportunity to purchase $WAI tokens at a discounted rate of $0.00073, with the price set to increase in subsequent stages. Additionally, WienerAI provides substantial staking rewards, currently offering an impressive 154% APY, rewarding early supporters and promoting long-term holding.
One of the key benefits of WienerAI is its AI trading bot, which supports various trading activities and provides seamless, MEV-resistant, fee-free trade execution. This innovative tool is expected to become indispensable as the AI trading market continues to grow.
Shiba Shootout ($SHIBASHOOT) is a new meme coin project set in the Wild West, combining the excitement of high-stakes battles with strategic gameplay. The presale has already raised nearly $630k, reflecting strong investor interest.
The project offers numerous benefits, including an innovative staking mechanism called Cactus Staking, which allows holders to earn rewards currently exceeding 1667% APY. Additionally, Shiba Shootout features a referral program called Posse Rewards, where users can earn bonus tokens by inviting friends.
Shiba Shootout's play-to-earn (P2E) game, "Shiba Showdown," adds further engagement, allowing players to compete in duels and win crypto prizes. The game is set to launch on both Google Play and the Apple App Store, enhancing its accessibility and appeal.
The project's theme and community-driven events, such as Campfire Stories and Token Governance Roundups, foster a vibrant and engaged community. The current presale price is $0.0195, making it an attractive entry point for early investors before the price increases in subsequent stages.
Base Dawgz ($DAWGZ) is yet another meme coin utilizing multiple blockchains to its advantage. It operates on 6 blockchains, including Base, Ethereum, Solana, Binance Smart Chain, Avalanche, and Polygon, offering broad blockchain interoperability and reducing risk from overreliance on a single network.
The Base Dawgz presale is structured in stages, with the token price increasing by 5% at each stage to incentivize early investment. Initially priced at $0.000479, the token has now reached $0.0061. Also, the presale has raised over $2.4 million at the moment.
One of the standout features of Base Dawgz is its Share-to-Earn system, which allows participants to earn cryptocurrency by sharing DAWGZ-related content on social media.
Additionally, the project offers a staking protocol where investors can earn passive income by staking their tokens, initially available on Ethereum and potentially expanding to other blockchains in the future.
As the crypto market is still trading heavily in red, traders are unsure about their next investment.
Market volatility is at an all-time high and it seems like there isn’t any hope for investors who are looking to get their dream holiday this summer.
However, top industry sources are saying that the big money is the meme coin market, specifically new presales.
That’s why it’s no surprise that investors are stocking up on Pepe Unchained ($PEPU), WienerAI ($WAI), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ) as they all have enormous return potential.