The markets stay at a low level as they anticipate the following stage of the bull market.
Throughout this consolidation section, it’s an opportune time to discover new cryptocurrencies which have the potential to attain returns of 10x to 100x sooner or later.
One in all these is at the moment within the presale section, providing traders the possibility to get in early at a doubtlessly cheaper price level earlier than it hits the general public market.
BOOK OF MEME (BOME)
BOOK OF MEME (BOME) is a newly established meme coin on the Solana chain that has just lately corrected round 50% from its peak.
During the last 7 days, it has demonstrated notably bullish efficiency, with a 9% improve in worth.
Presently, $BOME holds a market cap of $660 million, and attaining 10x progress would propel it to $7 billion, which is a practical goal. With a circulating provide of 68.9 billion $BOME tokens priced at $0.009, there’s potential for the worth to scale back decimals sooner or later.
The minimalistic web site of BOOK OF MEME could also be off-putting, however from a chart perspective, it has just lately entered oversold territory on the RSI, dropping under the 30 RSI threshold.
These ranges usually replicate human conduct and psychology, indicating durations of utmost concern within the crypto markets. Shopping for throughout such fear-driven dips and promoting throughout peaks of greed is a standard technique throughout bull market cycles.
Whereas a 10x improve could at the moment appear formidable, a goal of $0.03 per $BOME by the top of the bull market may doubtlessly double or triple its present worth.
BOOK OF MEME exhibits sturdy on-chain metrics, with sturdy every day lively customers on the Solana community, a rising variety of holders over the previous 14 days, and promising transaction price statistics, all indicating lively consumer engagement and community utilization.
For these searching for different investments, take a look at our 2024 guide to the best meme coins to buy.
Pepe Unchained (PEPU)
Pepe Unchained is about to launch its personal blockchain and block explorer, marking a big milestone for this new Layer 2 utility meme coin. Presently priced at $0.0081613 per $PEPU, it affords substantial staking rewards, boasting a 1302% APY, which is notably excessive.
The present presale stage ends in simply 24 hours, triggering a direct worth improve. This venture facilities round Pepe, its important character now unchained inside its personal layer 2 ecosystem, including an progressive twist to its tokenomics.
With a most provide of 8 billion tokens, Pepe Unchained allocates its tokens throughout numerous areas: 20% to presale, 30% to staking rewards, 20% to advertising, 10% to liquidity, 10% to venture financing, and 10% to chain stock.
The venture has a transparent roadmap centered on establishing itself as a number one meme coin, leveraging the recognition of Pepe-related tokens recognized for his or her viral potential.
Regardless of its meme-centric and seemingly gimmicky nature, Pepe Unchained exhibits potential. That is evident from the enthusiastic response to its latest $1.5 million presale increase celebration publish, which generated important engagement throughout social media platforms.
We’ve hit $1.5M! 🎉💸
Pepe’s breaking chains and making positive factors together with his new blockchain! 🐸🚀 pic.twitter.com/Ilbu8KOT9N
— Pepe Unchained (@pepe_unchained) June 30, 2024
Crypto consultants and distinguished crypto information retailers have additionally lined the venture, additional bolstering its credibility for traders. Whereas the present excessive staking rewards are engaging, they’re anticipated to lower progressively as liquidity within the staking pool will increase.
Total, Pepe Unchained presents an intriguing alternative inside the meme coin area with the potential for market progress. To participate within the $PEPU token presale, go to pepeunchained.com.
Chuan Pu (CHUANPU)
There’s a brand new meme coin referred to as Chuan Pu, usually humorously known as the “Chinese language Donald Trump.” This coin has already skilled important progress however is at the moment present process a correction, making it a doubtlessly favorable stage for accumulation.
The present worth is $0.006157, and it boasts a market cap of $6 million. A 10x improve would push its market cap to $65 million, whereas a 100x improve would propel it to $650 million.
Chuan Pu is themed across the idea of a Chinese language model of Donald Trump, tying into election themes and that includes its personal cartoon episodes.
Regardless of its meme nature, it has garnered consideration and engagement, notably by means of its entertaining content material.
Initially based mostly on the Solana blockchain, there are future prospects for growth onto different chains.
Presently, Chuan Pu is positioned round $0.006, aiming to interrupt by means of resistance at $0.00742, with potential upcoming listings on platforms like MEXC if market situations stay favorable after latest market volatility.
For those who’re within the absolute best initial coin offerings (ICOs) of 2024, discover our complete information that includes probably the most promising choices.