If you were to take a quick look at the meme coin market you would be forgiven for thinking that things are not going so well. Dogecoin (DOGE) and Pepe coin (PEPE) are both down over 11% and 17% respectively. However, if you look closer you can see that these established tokens are not just struggling because of market conditions but because of new meme coin presales.
These presales are stealing investors at a rapid rate and it may be the perfect time to invest in them now. Jamie Coutts, a chief crypto analyst at Real Vision has just alerted the market that a key bitcoin (BTC) signal has just flashed. It flashed in 2017 when the BTC price went up 17x and in 2020 when it pumped 6x. If the market’s leading currency starts to pump, expect the whole market to follow its lead.
Taking all this into account, we think that it means it’s the perfect time to invest in these meme coin projects. Their low prices are also perfect as it means you can spread out your investment which gives you more chance of big gains. Here are the eight projects we found that we think could explode before the end of 2024:
- Pepe Unchained ($PEPU)
- Crypto All-Stars ($STARS)
- PlayDoge ($PLAY)
- The Meme Games ($MGMES)
- Shiba Shootout ($SHIBASHOOT)
- Sponge V2 ($SPONGEV2)
- ARKENSTONE ($ARKN)
- KAI ($KAI)
Now, let us not delay anymore and get into what makes these meme coin tokens perfect for investors.
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Pepe Unchained- The revolution that will unlock Pepe’s full potential
Pepe Unchained ($PEPU) has arrived at just the right time. We mentioned in the opening how the original Pepe Coin (PEPE) has been struggling. It was a great meme coin but the market has changed so much since Pepe first came on the scene and it is no longer what investors look for. Pepe Unchained will take things to the next level and investors seem on board as the presale has raised over $9 million.
The project will be built on its own layer 2 network which gives it unlimited potential, unlike the original Pepe which is limited by layer 1. The project can take any direction it wants including adding tokens to its base in the future. It’s great for investors too as theft can avail of the faster transactions and cheaper gas fees that a layer 2 chain built on top of Ethereum offers.
Crypto All-Stars- The best staking system a project has ever devised
Their plan revolves around something called the Meme Vault. They have recognized how important staking has become and want to take it to the next level. The vault will allow all the big meme coin projects to be staked on one singular platform. This huge contingent of investors will make the token very valuable and investors can gain rewards simply by holding $STARS.
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PlayDoge- The P2E game that may someday replace Dogecoin
PlayDoge ($PLAY) is one of those new tokens that use the Dogecoin (DOGE) pup but are actually more complete projects than the original meme coin. Since The PlayDoge presale began, DOGE has been struggling and a big reason for that is investors switching their allegiance. The utility the newer project has is just what meme coin investors want these days. That presale has just surpassed $6 million raised.
The staking will be a good way for investors to earn crypto but the real jewel of the crown is the P2E game at the center of the ecosystem. For those who grew up in the 90s, I’m sure you remember the Tamagotchi game every kid has. PlayDoge is just like that and players will need to entertain and feed their pet pup among other things. If they are good enough at the games they can also earn more $PLAY.
The Meme Games- Fight off the post-Olympic blues with this token
The Olympics really took over the world for the last month or so. Most notably they took over the media. This is important for a token like The Meme Games ($MGMES) which has been called the official token of the games. They have been getting a lot of crypto media coverage thanks to their clever move to run their presale alongside the Olympics and the Paralympics. That presale has raised over $360k.
The token also makes sure to include a fun event that is perfect for everyone who is missing the Olympics. Once they purchase their tokens they will be asked to predict the winner of the 169 m sprint. The twist is the racers are some of your favorite meme coins; Dogecoin, Pepe, Dogwifhat, Brett, and Turbo. If you guess the winner correctly you will get a massive 25% presale token multiplier.
Shiba Shootout- Have your say in big project decisions with this Wild West coin
Shiba Shootout ($SHIBASHOOT) is by far and away the best Shiba-inspired project we have ever seen. It is another one of these new meme coins that will likely surpass the success of the original. We think this is because of how many chances investors have for gains from the ecosystem. They value community and that is why the project has a Wild West theme. The presale has raised just shy of $1 million.
The Token Governance Roundup is a system where investors will get a say on big project decisions just like back in the Wild West. Then we have the chance to earn crypto from the P2E game, the staking, and the Lucky Lasso Lottery. This is a great chance for investors to use their tokens to get a chance to win big crypto prizes with a portion supporting charitable initiatives.
Sponge V2- 2023s hottest meme coin has a new version that’s even better
We are very excited about the launch of Sponge V2 ($SPONGEV2) because we were such huge fans of the first token from the ecosystem; Sponge Token ($SPONGE). It launched in 2023 during a rough time for meme coins but still managed to pump by hundreds of percent. Version 2 will have a very fun Spongebob-themed racing game and the project has found a way to ensure both coins succeed.
How they will do this is through something called stake-to-bridge. Investors who wish to buy Sponge V2 will first have to purchase and stake Sponge Token. When they do so the same amount of $SPONGEV2 will be bought for them and stored away. Once $SPONGE has fully sold out, version 2 will then launch and investors will get their new tokens along with staking rewards which will be paid out over 4 years.
ARKENSTONE ($ARKN) is one of those meme coin projects that shows us how far we have come in such a short period of time with meme projects. When Dogecoin (DOGE) and Shiba Inu (SHIBA) were competing against each other it was hard to believe meme coin projects could have real-life utility but that is what we have with ARKENSTONE.
The creators understand how expensive launching a token can be, especially getting a site to host your presale. Through their GemLaunch Suite creation, which is a web3 dApp that will be available to customers, they will allow creators to set up and launch their own token. This will likely be hugely popular as it will save token creators a lot in costs.
KAI- The cat that is coming out of retirement to take on the pups
We think KAI ($KAI) is going to be successful for the simplest of reasons; there is a huge divide in the amount of dog tokens there are compared to the amount of cat tokens. The story behind KAI is that it’s a cat that retired from the crypto game to fish in peace. However, the dominance of pups has caused it to come out of retirement.
Besides it likely being very popular with cat lovers it also has plenty of chances for investors to earn. The staking rewards are almost unrivaled. Currently, the estimated yearly rewards are still over 2000%. If you invest during the presale, you will also be entered into a competition where you can win $10k.
Conclusion
So, as you can see it is pretty obvious why established meme coin tokens are struggling while the presales we have reviewed above are thriving. What meme coin investors want has changed, and the new popularity means that projects can’t rest on their laurels. These tokens should be ripe to pump before the end of the year.