The Fear and Greed Index has additionally dropped considerably to 55%. This displays the truth that crypto market members are not as optimistic concerning the market’s future. The index rises when crypto buyers are pushed by “greed,” that means they count on earnings, and falls when they’re marked by the worry of huge sell-offs.
As the crypto market faces deep value fluctuations, pre-sale initiatives are more and more capturing the eye of crypto lovers. Early-stage crypto investments can carry substantial good points to early buyers. Driven by the utilities they provide to market members, Wall Street Pepe and Solaxy are gaining an increasing number of relevance amongst pre-sale tokens.
Wall Street Pepe has raised over $35 million in three weeks of its pre-sale
Wall Street Pepe ($WEPE) has been gaining floor within the crypto market not too long ago. The new venture combines humor with utility. Its idea relies on reworking the crypto neighborhood’s favourite—Pepe—into the “wolf of Wall Street” wearing a pointy go well with. The venture goals to create a WEPE military of crypto buyers or followers who present up-to-date funding recommendation.
The project’s community, also known as the WEPE army, offers $WEPE token holders access to a private trading group. Participants can share information about market trends or other trading strategies within this crypto community.
Wepe hates crypto whales who trade with access to exclusive trading information. Thus, the frog aims to reduce inequality in the crypto market and provide opportunities to smaller investors as well.
The project’s community, also known as the WEPE army, offers $WEPE token holders access to a private trading group. Participants can share information about market trends or other trading strategies within this crypto community.
Wepe hates crypto whales who trade with access to exclusive trading information. Thus, the frog aims to reduce inequality in the crypto market and provide opportunities to smaller investors as well.
Furthermore, the project aims to provide a much more enjoyable experience for the WEPE army by organizing weekly trading competitions. In other words, community members can showcase their best trading strategies in a contest, and the winners with the best trades will be rewarded with $WEPE tokens. For these rewards, Wall Street Pepe has allocated 15% of the total token supply of 200 billion.
$WEPE tokens can be purchased through the official pre-sale website by connecting a crypto wallet such as Best Wallet, MetaMask, or Coinbase Wallet. The price of one token is $0.0003653 and increases as the pre-sale progresses.
Solaxy, the new project on Solana, aims to provide more efficient trading solutions
Solana has been increasing its influence in recent years, with its cryptocurrency becoming the 6th most popular on the market by total value. The network has gained popularity, especially among meme coins, due to its ability to handle more transactions than Ethereum, with comparatively lower fees.
However, its growing popularity is creating issues for crypto holders as it becomes increasingly crowded with meme coins. However, they are not the only culprits. Applications like the game ORE also contribute to high network capacity consumption. Solaxy, the new coin launched in pre-sale, emerges as a Layer 2 solution to the shortcomings encountered on the Solana network. While Solana developers are actively working on resolving these issues, the solutions are not sufficient to fully address the network’s scalability.
Solaxy is more than just a solution for Solana. It aims to create a bridge between Ethereum and Solana, two of the most popular blockchain networks in the crypto market. By connecting these ecosystems, Solaxy creates multi-chain power for DeFi application developers and investors.
The $SOLX token will be central to this new ecosystem, enabling users to move more efficiently between the two ecosystems. Solaxy introduces new technology designed to offer faster transaction speeds, lower fees, transparency, and security for the DeFi ecosystem.
The utility Solaxy offers participants in these ecosystems quickly caught the attention of crypto investors looking for solutions. As a result, the project has raised over $4.5 million in less than a week since its pre-sale launch. Currently, the price of one SOLX token is $0.001578.
Investors are attracted by the low price and the returns they can earn from staking, with an APY of 860%. Over 1.3 billion $SOLX tokens have already been staked, demonstrating long-term investor interest in the new coin. Tokens can be purchased by connecting a crypto wallet to the widget on the official website in exchange for ETH, USDT, BNB, or via credit card.
Important: This article does not constitute investment advice. Before investing in crypto projects, it is essential to individually analyze each project, understand the associated risks, and draw conclusions regarding their profitability.