The crypto market is starting to rebound, and experts believe that meme coins might lead the next bull market rally.
The cryptocurrency market took a significant hit recently, with Bitcoin dropping from $57,000 per coin last week to about $49,000 over the weekend.
Despite this sharp decline, the market is already showing signs of rebounding. Interestingly, many articles focus on spreading fear, particularly among retail investors. However, whales are seizing this opportunity to buy the dip.
A glance at recent headlines captures the tumultuous state of the market: “Bitcoin briefly tumbles below $50,000 for the first time since February,” “America’s Bitcoin crashes to $50,000 as a perfect storm hits crypto,” and “Bitcoin trading volume hits post-halving all-time highs.”
This past weekend was challenging for the crypto market, and yesterday was particularly intense. However, the whales began to buy up crypto, driving Bitcoin back up to $55,000-$56,000. This rapid rebound indicates significant confidence in the future of the crypto space.
Bitcoin is expected to endure and thrive, regardless of political changes. While one administration might foster a more growth-oriented environment than another, Bitcoin’s survival and success seem assured.
Retail investors are currently on the sidelines, but when they return, they tend to push the market to new highs, as seen in 2017 and 2021.
Retail investors often turn to meme coins for significant percentage gains. Here are some meme coins with high upside potential:
Pepe Unchained (PEPU)
Pepe Unchained stands out in the market, and investors believe it will become the top meme coin, even during the market downturn. The crypto market will recover, and new tokens will push the industry forward. Old favorites like Pepe (PEPE) are too expensive, slow, and don’t offer much use.
Pepe Unchained fixes these issues with its own Layer 2 chain, making it cheaper and faster. It also supports new projects in DeFi, NFTs, GameFi, and more meme coins, offering better utility than older tokens.
The project has raised over $7.6 million and has strong support. Its advanced features contribute to this success. Pepe Unchained has started staking, offering over a 250% APY. It will also launch a blockchain explorer and an Ethereum bridge.
And with the presale ongoing, investors can buy in on the ground floor. This could give massive gains. And here’s the exciting part. Investors can buy in at a discounted price. Today, the presale is available at $0.0089461, but this will rise in 2 days. So, investors need to act quickly to avoid missing out.
To take part in the $PEPU token presale, visit pepeunchained.com.
Base Dawgz (DAWGZ)
Base Dawgz (DAWGZ) is one of the hottest meme coin presales right now, recently passing $2.8 million and quickly approaching $3 million.
Congrats on passing 2.8 million $DAWGZ 🥳
We’re getting closer. And hopefully we can give you an update next week 🤝 pic.twitter.com/mRvjOMwD6F
— Base Dawgz (@BaseDawgz) August 3, 2024
Currently, DAWGZ tokens cost $0.007414 each, but this price will increase in less than 6 days. Potential investors can visit our guide on how to buy Base Dawgz tokens here.
Base Dawgz is a new project that works across Ethereum, Solana, Avalanche, and BSC using Wormhole Technology and the Portal Bridge. This allows it to use the strengths of various blockchains, like Ethereum’s security and Solana’s fast transaction speeds.
The multi-chain approach benefits both investors and developers. Base Dawgz is secure, interoperable, and expands its use cases. Most presale tokens are already staked, offering investors a chance to earn substantial rewards with an APY of 939%, doubling their tokens in less than two months.
To involve the community, Base Dawgz launched the “Be Social for Airdrop” campaign, where users create and share memes and content to earn points, redeemable for $DAWGZ after the presale ends.
The “Refer and Earn” program also rewards active community members and recognizes them as project ambassadors. This keeps the community integral to the project’s progress. If you haven’t secured your $DAWGZ yet, now is the time to act.
To participate in the $DAWGZ token presale, visit basedawgz.com.
PlayDoge (PLAY)
PlayDoge (PLAY) nearly reached $6 million in its presale. Here’s why it’s trending and why joining the ICO is a smart move. Right now, $PLAY tokens are priced at $0.00527, and investors are rushing to buy before the price goes up in future presale stages.
PlayDoge mixes nostalgia with modern gaming by bringing back the 90s Tamagotchi craze and connecting it to the Doge meme.
PlayDoge stands out with its Web3 remake of the classic game, letting players earn digital assets while enjoying a nostalgic experience. By taking care of a virtual Shiba Inu pet, players earn experience points (XP) that turn into $PLAY tokens.
Players earn $PLAY tokens by caring for their pet, playing mini-games, and completing tasks. The more active you are, the more tokens and exclusive rewards you can earn, with top players getting extra rewards.
Unlike the original Tamagotchi, PlayDoge is easier to manage, making it fun for both old fans and new players. The project also offers staking rewards, which will decrease as more tokens are staked. Right now, presale investors can get a 78% APY. If you want the best value, act quickly with PlayDoge.
Visit playdoge.io to participate in the $PLAY token presale.
TOPG1500 (T1500)
Inspired by Andrew Tate, TOPG1500 (T1500) has quickly gained attention in the cryptocurrency market, with its price rising an incredible 1600% since launch. This sharp increase is mainly due to speculative investments from traders looking for high-risk, high-reward opportunities.
The token’s creator, Jake Guerilla, is making headlines with a bold walk across the UK to meet the Tate brothers, boosting the project’s momentum. Despite the impressive price surge, it’s important to be cautious with such volatile assets. A price correction is a likely outcome.
Andrew Tate’s continued popularity, especially in the crypto community, suggests that TOPG1500 might see periods of stability followed by more price increases. However, this is speculative and depends on whether the token can keep investors interested.
Daddy Tate (DADDY)
Andrew Tate’s Daddy Tate (DADDY) memecoin dropped sharply, hitting an all-time low of about $0.048 on Monday. However, it bounced back with a 70% gain in just two days. Despite this recovery, DADDY is still far below its peak from June.
Meanwhile, Tate has introduced a new project, the Real World (TRW) token, and announced an airdrop for DADDY holders. Although details about the TRW whitepaper and airdrop are unclear, Tate’s ability to create excitement and draw investor interest is clear.
The rise of DADDY and the potential of TRW show how influential personalities can affect the cryptocurrency market. Even though the meme coin market is very volatile, projects linked to well-known figures can attract investors and cause big price changes.
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