The cryptocurrency market has been highly volatile throughout August 2024, and every attempt at testing resistance levels usually results in another price drop. The situation has been the same for the meme coin market, which lost over $20B in the past 30 days.
Leading memes such as PEPE, FLOKI, BRETT, and many others saw some of the most significant losses, and they can’t get enough support to stabilize and return to their previous price levels. However, emerging meme coins such as Pepe Unchained, Crypto All-Stars, Base Dawgz, and The Meme Games are still gaining traction despite the rising uncertainty among investors worldwide.
So, let’s see what’s going on from up close and why so many investors are focusing on ICOs rather than established digital currencies.
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Meme Coin Gains Dissolve Hours Later
The markets have entered a period of increased volatility, and despite recovering a bit after the recent crypto crash, the momentum needed for prolonged growth is just not there. The situation is the same with meme coin markets, which lost billions of dollars in the past ten days. Despite smaller gains, almost all cryptos return to their starting positions hours later.
PEPE, FLOKI, and BRETT, among the most popular memes in the past few months, have experienced similar fates. All three tokens dropped by over 35% as the markets crashed, regaining around 20% just a few days later. However, every time they start recovering, the price turns southward only hours later.
Let’s look at the price movements of PEPE, FLOKI, and BRETT in the past week. PEPE was trading at $0.0000009 on August 9, with a daily trading volume of over $1.1 billion. However, it dropped to $0.00000077 just three days later, and after a few ups and downs, today it’s trading at $0.0000007985, which is a drop of 1.3% in the past week and more than 17% in the past month.
On the other hand, FLOKI was valued at $0.0001339 a week ago, while today, it’s selling for $0.0001207, which is 5% lower. Compared to the prices 30 days ago, FLOKI is down by nearly 27%. The situation with BRETT is also very similar. It is trading for 0.08687 at the moment, which is 6% lower than last week and over 30% lower than just a month ago.
All three meme coins (along with all others) saw a massive sell-off between August 5 and 8, resulting in losses averaging around 28%. While some gains have been made since then, PEPE, FLOKI, and BRETT have lost around 1/3 of their value in the past two weeks.
That said, the emerging cryptos we’ll get to in a second show no signs of slowing down and are pushing through all major milestones faster by the day. So, let’s see what ICOs show the most growth potential in the next few months.
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1. Pepe Unchained – Layer-2 Meme Coin With Impressive Staking Rewards
Pepe Unchained is the newest meme coin inspired by the world-famous Pepe meme. Its recognizable meme character and relatable name allowed it to grow a massive following in the past few months, resulting in one of the most successful meme coin ICOs this year.
Pepe Unchained builds on the fame of the original Pepe coin and could repeat or even surpass its predecessor due to its excellent Layer-2 design and high staking rewards for all investors. Moreover, the new project is built on its own blockchain, dubbed the Pepe Chain, which makes the first such meme to hit the markets.
The Pepe Chain is a Layer-2 solution to Ethereum’s persistent scalability challenges. It offers up to 100x faster transaction speeds at a much lower cost. It also offers impressive flexibility compared to many other meme coins on the market, so it’s no surprise that it’s gaining much traction among investors worldwide.
With a staking APY of over 200%, excellent tokenomics, smart contract audits done by leading industry names, and future listings on major DEX exchanges, $PEPU tokens could be your best investment in months. The ongoing presale has raised over $9 million and could surpass the $10 million mark before the presale concludes.
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2. Crypto All-Stars – Multi-Chain, Multi-Token Staking Meme Coin With Record-breaking ICO Launch
Crypto All-Stars launched its ICO three days ago and is already generating impressive results. 72 hours after going live, the project raised over $400,000, showing that it has significant future growth potential. The project offers multiple high-end features, including the so-called “Meme Vault,” a flagship staking system where investors can earn $STARS tokens by participating.
The project is also designed as a multi-chain, multi-token platform that supports 12 meme coins, including FLOKI, DOGECOIN, BRETT, MYLADY, and others, all under one roof. Users can stake all supported meme coins to earn $STARS tokens in return.
The unique staking protocol pushes the nature of meme coins as we know it, which makes Crypto All-Stars a must-have moving forward. If the current token presale continues at the same pace, the project could see a massive explosion in value upon launch, so visit the official site and grab your $STARS tokens today!
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3. Base Dawgz – Leverages Multi-chain Technology Built on the Base Blockchain
Base Dawgz is the newest contender in the multi-blockchain niche. It allows investments in $DAWGZ through various cryptocurrencies, such as Base, Ethereum, Solana, Binance Smart Chain, and Avalanche. Each network contributes significant value, making $DAWGZ accessible to a broad range of investors eager to join the token’s meteoric rise.
The ongoing presale has already raised nearly $3 million, with expectations for further growth. The project’s unique Share2Earn feature rewards allow users to earn native tokens by creating and sharing Base Dawgz-related content, fostering active social media engagement and a strong community presence.
Popular influencers, such as ClayBro and others currently advertise the project. Base Dawgz is another high-gain potential crypto available in presale, so head to the official site and invest today and enjoy high ROI after it goes live.
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4. Shiba Shootout – Wild West-Themed Meme Coin With P2E, Staking, and Lottery Rewards
Shiba Shootout is a meme coin that combines the adventurous spirit of the cowboy era with P2E features, high staking rewards, and excellent tokenomics to create the next high-gaining crypto platform. It boasts impressive presale results and offers a variety of incentives for early investors.
Moreover, its standout feature, “Cactus Staking,” visually represents the growth of your token holdings—the more significant the rewards, the larger your cactus grows, symbolizing the growth of your $SHIBASHOOT assets.
Furthermore, the Shiba Sharpshooter mobile game will be available on the Google Play Store and Apple Store, allowing players to engage in duels to earn token rewards. Together, these elements have contributed to nearly achieving a $1 million presale, positioning Shiba Shootout as a formidable player in the Play2Earn space.
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Wrapping Up
As established memes such as PEPE, FLOKI, and BRETT struggle to stay afloat, investors worldwide are pouring millions into ICOs such as Pepe Unchained, Crypto All-Stars, Base Dawgz, and Shiba Shootout, as they offer the highest return potential in the current markets.
Despite the recent retraction, meme coin markets are still expected to explode shortly, and the tokens mentioned above are the most likely investments to explode during the upcoming bull run. Visit the official sites today, buy these tokens at the lowest price possible, and enjoy 10X returns or higher in the next few months.
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
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