Ethereum price up 15%—here are the meme coins to watch this altcoin season
Release: 2024/11/28 23:04 Reading: 591
Ethereum Surges, Sparking Altcoin Season Optimism
Ethereum's 15% rally this week is boosting sentiment in the altcoin market, with experts hinting at a brewing altcoin season and identifying potential hot picks.
Table of Contents
- Ethereum Rallies While Bitcoin Stalls
- Pepe Unchained
- CatSlap
- Crypto All-Stars
Ethereum Rallies While Bitcoin Stalls
Ethereum's growth significantly impacts Bitcoin's market share, a key indicator for altcoin season. This week, Ethereum surged 15% to $3.6k, while Bitcoin declined 1.53% during the same period. src="/uploads/20241129/173281141567489a9757e89.png">
Traders monitor Bitcoin's market share and altcoin season progress through the "Bitcoin dominance" chart. Lark Davies observed a decreasing Bitcoin dominance and a rising altcoin index, suggesting an impending altcoin season.
Similarly, analyst Sensei noted that the total crypto market cap (excluding Bitcoin) is breaking out in a manner reminiscent of the 2021 altcoin season. src="/uploads/20241129/173281141567489a9757e89.png">
Pepe Unchained
Pepe Unchained is an Ethereum layer 2 blockchain offering faster speeds and lower costs than the Ethereum main network. It aims to become a hub for meme coins within the Ethereum ecosystem.
With Ethereum's recent strength, Pepe Unchained has also seen growth. Its presale has raised over $55 million for blockchain development.
The ICO will end in 15 days, after which PEPU will be listed on exchanges. The Pepe Chain will launch with a block explorer, Ethereum bridge, staking, decentralized exchange, and meme coin generator.
The team is offering grants to developers for building projects on the chain, indicating a vibrant ecosystem in the making. For more information, visit the Pepe Unchained presale website.
CatSlap
CatSlap, another Ethereum-based meme coin, has shown potential. The recently launched project is trading at a premium of 1,600% over its launch price.
Despite its low market cap of $20 million, CatSlap has recently undergone a selloff and redistribution phase, creating a favorable price chart for future growth.
CatSlap offers unique features such as the CatSlap Slapomter gamified experience and staking, setting it apart from other cat-themed meme coins. Talks of expanding into a Play-to-Earn game are also circulating.
CatSlap can be purchased on its decentralized exchange widget or via the Best Wallet app. For more information, visit the CatSlap website.
Crypto All-Stars
Crypto All-Stars is a unique cryptocurrency that allows users to stake meme coins for passive rewards. It supports staking for DOGE, SHIB, PEPE, BONK, and others, offering multichain functionality.
STARS, the native token, is integral to the Crypto All-Stars ecosystem, providing rewards and enabling further staking. It currently offers an APY of 310%.
As a crossover of meme coin and utility token, Crypto All-Stars appeals to a wider investor base. Its ongoing presale has raised $6.4 million to date and will end in 22 days. For more information, visit the Crypto All-Stars presale website.
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