Bitcoin is once again leading the pack of negative market trading as its recent price plummet has sparked a domino effect.
This turn of events is due to massive BTC selloffs by crypto whales, which has led to drastically changing prices. As of now, the price is hovering around $59k, which is a 2.3% decrease from one week ago.
Despite all this, investors are still optimistic when it comes to profits in this period.
In fact, they are largely investing in Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), The Meme Games ($MGMES) and Shiba Shootout ($SHIBASHOOT) as they have enormous potential.
Let’s check out the details.
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Massive Bitcoin Dumps Negatively Affected The Previously Surging Bitcoin – Traders Have Found These Presales as Better Alternatives
Bitcoin is once again struggling to make a big breakthrough, even with the weekend’s surge after the Federal Reserve’s speech hinting at interest rate cuts.
Its price declined massively and is linked to actions by major whales, erasing the earlier gains and predictions of a new all-time high for this coin.
There have been reports of massive selloffs by big Bitcoin holders where one of the whales transferred 2.3k Bitcoins, approximately valued at $141.81 million, to the Kraken exchange just before the price fell.
Additionally, on Tuesday, another substantial amount of 30k Bitcoin, worth around $1.88 billion, was shifted from a cold storage wallet to Binance. These large-scale transactions played a significant role in the price decrease, reminding investors how sensitive the market is to movements by influential holders.
This has led investors to turn to meme coins as the current market dip isn’t too promising for traditional tokens, at least not for massive profits.
More specifically, they are getting into the new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), The Meme Games ($MGMES), and Shiba Shootout ($SHIBASHOOT) as they have the potential to 100x their investments.
Let’s see what makes these coins so special.
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Pepe Unchained ($PEPU) Is Breaking Records As The Presale Fundraising Has Reached Over $11 Million
Pepe Unchained ($PEPU) continues to excite investors around the world as it has once again reached a new milestone recently.
At the time of writing, there is more than $11 million raised in the ongoing presale phase, and with this kind of momentum, it could generate a couple of more million before it ends.
Pepe Unchained sets itself apart from other meme coins by introducing a unique approach. The developers are creating a Layer-2 blockchain, known as “Pepe Chain,” built on top of the Ethereum network.
While this concept might seem unconventional for a meme coin, it aims to tackle Ethereum’s significant challenges.
The primary objectives of the Pepe Unchained team are to deliver lightning-fast transactions, dramatically reduce fees, and increase the network’s capacity to handle a higher volume of transactions.
Additionally, they are focused on ensuring seamless integration with Ethereum, enabling users to switch between networks quickly and efficiently. This innovative project could potentially reshape the meme coin market by offering solutions to some of the most common issues in cryptocurrency.
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Crypto All-Stars ($STARS) Introduces Unified Meme Coin Staking – A First in The Crypto Market
Crypto All-Stars ($STARS) has recently had its ICO launch and is already off to an impressive start. Over $860k has been raised so far, and it’s nearing the first million-dollar milestone.
You can get $STARS tokens for a low price of $0.0014078 per token. However, you must hurry as the next price increase is just around the corner.
The most significant selling point lies in its MemeVault ecosystem. It’s a revolutionary platform where you can stake all your favorite meme coins in one place and earn massive rewards.
The platform’s initial rollout will feature staking capabilities for 11 of the most popular meme coins, including Pepe Coin ($PEPE), Dogecoin ($DOGE), Shiba Inu ($SHIB), and Floki Inu ($FLOKI).
This staking process is secured by a protocol built on Ethereum’s ERC-1155 token standard, ensuring that any ERC-20 token can be staked with confidence.
However, the benefits extend beyond just staking. Holders of $STARS tokens will receive a significant advantage, with a 3X bonus on their staking returns. At the time of writing, there are more than 1710% APY rewards, which is currently one of the best returns on the market.
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The Meme Games ($MGMES) Is the Offical Coin of the Paris Summer Olympics
The Meme Games ($MGMES) has been crowned as the “Official” token of the 2024 Summer Olympics by the crypto community.
This title was given to it because it perfectly captures the Olympics theme and offers an interesting mini-game for players to enjoy.
With each $MGMES token purchase, you get to compete in a 169-meter race. The twist is that you don’t have ordinary racers. You get to choose between five meme icons: Pepe, Doge, Brett, Turbo, and Wif. Each of these characters represents a country participating in the Olympic tournament. The winner takes home a 25% token multiplier.
Additionally, they all have special perks and abilities which grant them benefits in the race. However, there aren’t any unfair advantages as the chance of winning is equal for everybody. The winner takes home a 25% token multiplier.
The ongoing presale phase reached $400k in sales, and the current price of $0.00935 per $MGMES token is considered a steal by many investors. You can purchase the coin using Ethereum, Tether, Binance Smart Chain, and bank cards.
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Shiba Shootout ($SHIBASHOOT) Combines Cowboys and Crypto to Create an Ultimate Meme Coin Destined For Success
Shiba Shootout ($SHIBASHOOT) has already made a name for itself in the crypto community due to its impressive rewards and innovative approach to traditional staking.
The ongoing presale has passed the $1 million mark and is pacing towards a new milestone soon, as the hype surrounding this project has reached a fever pitch.
The unique selling point of this project is in its engaging staking system – Cactus Staking. Instead of the traditional way of buying tokens and waiting for them to grow, you get a visual representation of your increased stake.
The more $SHIBASHOOT tokens you have, the bigger the cactus will grow, which is a great way to keep track of your returns.
With the current APY rewards going up to 895%, this is quite a lucrative reward for investors. It’s no surprise that more than 36 million tokens are being staked right now. However, as this number increases, the rewards will get lower, so hurry up and secure your tokens.
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Conclusion
With Bitcoin’s recent developments, the market fell into a bearish period, and all coins are trading in red this week.
This has left investors stunned, as this weekend was promising, following the possibility of FED interest rate cuts, which sparked a surge for the entire crypto market, especially BTC.
However, traders aren’t too worried about their profits as they have found better alternatives with enormous growth potential.
The new presales Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), The Meme Games ($MGMES), and Shiba Shootout ($SHIBASHOOT) all have the potential to skyrocket your portfolios once released.
Make sure to buy them before it’s too late!
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