Investors Avoid Unstable Memes While Pouring Massive Funds Into Emerging Projects
Release: 2024/08/09 19:19 Reading: 643
Investors Avoid Unstable Memes While Pouring Massive Funds Into Emerging Projects
The meme coin sector was not immune from the Monday market crash, but established tokens like Dogecoin and PEPE have not fared well. However, many new meme coins have emerged in 2024 that are better suited for today's market.
Investors are pouring massive funds into these emerging projects, and six in particular have caught our attention:
- Pepe Unchained (PEPE)
The new Pepe coin has been gaining attention as the original plummets, with a presale that has raised over $7.7 million. It promises to unleash its full potential on its own Layer 2 chain, providing faster transaction speeds and lower gas fees.
- Base Dawgz ($DAWGZ)
This multi-chain token is hosted on the Base chain, which is quickly becoming a popular platform for launching meme coins. The presale has raised over $2.8 million, and there is a share-to-earn campaign offering additional rewards.
- PlayDoge ($PLAY)
Similar to Pepe Unchained, PlayDoge aims to provide a better option than Dogecoin. The P2E game at the center of the ecosystem is inspired by Tamagotchi, where players care for a virtual pet and earn crypto for their efforts. The presale has surpassed $6 million raised.
- Shiba Shootout ($SHIBASHOOT)
This shiba-inspired project has created a strong sense of community, including Token Governance Roundups where investors can vote on the project's direction. Over $8.9 million has been raised in the presale, and the ecosystem includes the fictional town of Shiba Gulch, where users can earn $SHIBASHOOT through various activities.
- The Meme Games ($MGMES)
Crypto media has dubbed this token the "official token of the Olympic games." The presale is ongoing and has raised over $350k, with a presale multiplier bonus offered for correctly predicting the winner of a meme sprint race.
- KAI ($KAI)
This cat token is a departure from the usual dog-themed memes, with a presale offering a chance to win $10k. It aims to challenge the dominance of "pup memes."
Conclusion
These new meme coins offer a range of innovative features and are gaining traction among investors. The game has changed in the meme coin sector, with projects now going beyond virality and providing real value.
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