The market is re-entering a bullish period as Bitcoin surpasses $67,000, with cryptocurrency prices rising across the board.
This creates a great environment for new projects to launch. So let’s explore five new cryptocurrencies worth buying this week.
Free Pepe
First on our list is Pepe Unchained. As the name suggests, this project is the successor to the infamous Pepe coin.
However, Pepe Unchained is a far cry from our everyday parody meme coins.
It introduces a groundbreaking use case – becoming the first Pepe Token to have its own blockchain.
Pepe Unchained is developing an Ethereum layer 2 network. It promises low fees, fast speeds, and meme-like excitement.
This will be the first of its kind. There is currently no layer 2 dedicated to meme coins.
With it, the possibilities are endless and memecoin enthusiasts will be lining up to use it.
Pepe Unchained will also have an Ethereum bridge, a staking mechanism, and a block explorer.
The project is currently in its presale phase and has raised $4.8 million to date.
Currently, investors can purchase $PEPU for $0.008596, but this price will increase throughout the ICO.
LayerZero
LayerZero is an omichain interoperability protocol that enables permissionless and immutable messaging and liquidity between blockchains.
Cryptocurrencies have traditionally been constrained by smart contracts and programming languages, but LayerZero is changing the game with its secure and decentralized interoperability solutions.
The project has processed over $50 billion in cross-chain transactions and over 135 million cross-chain messages.
Its native token, ZRO, is used for governance. Holders can participate in the Layer Zero DAO and make decisions about the future of the project.
ZRO was launched in June and is currently the second most popular cryptocurrency on CoinMarketCap.
Its shares, trading at $5.16, are down 3.5% today, up 28% this week and 76% this month.
Currently, ZRO has a market cap of $568 million and a 24-hour trading volume of $559 million.
It’s not often that a cryptocurrency’s trading volume equals its market capitalization, which suggests that all eyes are on this coin right now.
This could signal further gains in the coming months.
Wiener Artificial Intelligence
Back to the memecoin space, one of the most promising new agencies is WienerAI, a project that has made a splash with its memecoin-AI use case.
This is a unique time with both memecoins and AI tokens outperforming the market recently.
"AI coins are rallying, driven by Grayscale launching a new decentralized AI fund. Meme coins are doing what they do best, which is to surge when the rest of the market is rallying," analyst Daan Crypto Trades said recently.
WienerAI is leveraging artificial intelligence in its cutting-edge trading robots.
It has a variety of features; users can ask it questions, get feedback on trading strategies, automate trades, track active and past trades, and more.
Its powerful setup goes beyond anything currently offered.
The project also has a staking mechanism where holders can increase their investment.
A presale is currently underway and has raised over $7 million.
However, the WienerAI presale ends in nine days, so potential investors should act quickly.
Pepe
PeiPei is another popular meme coin. Dubbed the “Chinese Pepe,” PeiPei has maintained significant bullish momentum since its launch and has overcome bearish market conditions.
Now, as the cryptocurrency market recovers, PeiPei could be poised for a huge rebound.
Like Pepe Unchained, PeiPei's relationship with Pepe was a huge driver of its success.
However, its unique brand of the East has shaped a distinct point of view and a somewhat cult following.
One of its most notable advocates is Davinci Jeremie, an early Bitcoin adopter who was also an early advocate of memecoins like Brett.
In a recent tweet, Jeremiah said he had "made a big bet" on Pepe.
Currently, PeiPei is trading at $0.0000003279, down 5% today but up 18% this week and 221% this month.
Its market cap is $132 million and its 24-hour trading volume is $25 million.
Banana Gun
Since its launch nine months ago, the Banana Gun has been on a slow but steady rise.
Its strong price action recently has caught a lot of attention, and while its market cap is still relatively low, its trading volume has exploded.
Similar in concept to WienerAI, Banana Gun is a trading bot inspired by a meme coin.
While it does not have the same AI capabilities as WienerAI, its trading bot utility has proven to be a fan favorite.
The utility helps users “get a head start on upcoming products or securely trade already-listed tokens.”
BANANA shares are trading at $64.28, up 5% today, 18% this week and 27% this month. Its market cap is $206 million and its 24-hour trading volume is $219 million.
This makes it the 237th largest cryptocurrency by market cap and the 33rd largest cryptocurrency by trading volume.
Brother Chuang has made careful preparations and will recommend a series of potential currencies to fans, with the goal of doubling returns by the end of the year. This is by no means empty talk, but a real layout strategy.
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