One factor is for certain: these cryptocurrencies are fairly steady and may rise in worth rapidly. At the time of writing, the worth of Bitcoin has returned to $60,893, reflecting a 4.52% enhance over the previous week.
Although Bitcoin and Ethereum stay among the many hottest cryptocurrencies, many traders are turning their consideration to meme cash. In explicit, they’re searching for tasks within the presale part to make the most of decrease costs and potential additional positive factors.
In 2023, the meme coin area was largely characterised by excessive volatility, hypothesis, and hype. As a end result, many rising cash struggled to achieve traction over time.
This yr, the meme coin market has matured since final yr. Although it stays unstable and dangerous, increasingly more traders are searching for sustainable cryptocurrency tasks that transcend the same old hype.
Among the latest cryptocurrencies to spend money on that meet these standards are Pepe Unchained and Base Dawgz. In this text, we’ll discover what these new presale tasks are and why they’ve caught the eye of crypto traders.
Pepe Unchained: A Record $10 Million in Presales
Pepe Unchained ($PEPU) goals to “break the chain that holds Pepe and set him free.” Built on a Layer 2 blockchain, this new mission seeks to supply Pepe (the meme character) along with his personal devoted community.
Many cash impressed by the identical meme character, comparable to $PEPE and $PEPECOIN, are primarily based on Ethereum Layer 1. The community has confirmed inefficient resulting from excessive fuel charges and frequent congestion.
Meme cash that includes Pepe, constructed on Layer 1, have been criticized for his or her excessive acquisition prices. Pepe Unchained goals to be a greater model of Pepe by addressing these points.
The builders of the brand new mission goal to deal with these points with a Layer 2 answer constructed on prime of the present Layer 1. This new expertise will improve transaction pace, enhance safety, and scale back charges.
Furthermore, Pepe Unchained will set up a connection between ETH and Pepe Chain. This will improve buying and selling capability and be 100 instances quicker than Ethereum.
The new expertise won’t solely enhance the effectivity of buying Pepe but in addition has the potential to create a brand new ecosystem. This ecosystem might host a variety of tokens with varied purposes and various meme cash.
The above innovation might place $PEPU among the many prime cryptocurrencies to spend money on because of the utility it is going to present. But that’s not all!
Pepe Unchained will supply important rewards for traders who stake their $PEPU tokens. At the time of writing, over 799 million $PEPU tokens have already been staked, and traders who buy tokens now can earn an APY of 198%.
The $PEPU token is at the moment priced at $0.0092364, and the mission has reached a brand new milestone of $10 million raised within the presale.
Base Dawgz is approaching $3 million in presale
Base Dawgz ($DAWGZ) is one other cryptocurrency funding mission gaining traction because of the utility it is going to present.
The recognition of this new mission surpasses the same old hype surrounding meme cash. Currently, the mission is approaching $3 million in presale, with the $DAWGZ token priced at $0.008173.
So, what makes this meme coin stand out on the listing of cryptocurrencies to spend money on?
Firstly, the DAWGZ coin might be constructed on Coinbase’s Base community. This is a extremely environment friendly Layer 2 answer. This community is designed to deal with points associated to Ethereum by offering quicker transactions and decrease fuel charges.
Base Dawgz goals to turn into the following main meme coin on the Base blockchain and past, a aim that might be possible. Unlike different tokens confined to a single blockchain, the builders plan to combine the coin throughout a number of networks.
With its distinctive “Wormhole and Portal Bridge” expertise, the coin might be tradeable on different networks comparable to Ethereum, Solana, and Avalanche.
However, much like Pepe Unchained, the recognition of this future cryptocurrency goes past simply the utility it goals to carry to the market.
The builders of Base Dawgz display a robust dedication to early traders by allocating 1.69 billion $DAWGZ tokens to staking (20% of the overall 8.4 billion), providing an APY of 805.5%.
Currently, traders have already staked over 209 million $DAWGZ tokens.
The meme coin market is evolving, shifting from hype-driven tasks to ones like Pepe Unchained and Base Dawgz. These tasks are gaining traction resulting from their utility and distinctive options that tackle present blockchain points.
