Cryptocurrency

Ethereum Whales Dump Shiba Inu (SHIB) and Notcoin (NOT) – What Are They Buying Next?

IndustryTrends

Ethereum whales are making headlines as they dump large portions of Shiba Inu and Notcoin over these past ten days.

Investors across the market are all asking the same question – what will they buy next?

Well, according to analysts, the next tokens that are set to explode are Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).

Let’s check out why these new presale projects are causing so much hype among whales.

Ethereum Whales Selling Their Shiba Inu and Notcoin Due to a Variety of Factors – These New ICOs Could be Their Next Focus

Since mid-June, Shiba Inu (SHIB) has struggled to hold above the $0.000020 mark. Analysts warn that if SHIB doesn't stay above $0.000016, it could drop to $0.000012 by mid-August.

A big factor behind this bearish outlook is the noticeable decline in SHIB's overall trading volume, which is also one of the main reasons ETH whales are dumping it right now.

On the other hand, Notcoin (NOT) has also faced significant price corrections after hitting an all-time high of $0.028 on June 2. If NOT falls below $0.014 by the end of July, further drops to $0.009 could be on the horizon.

However, some analysts are optimistic, suggesting that if investors buy the dip, NOT could bounce back to $0.020. The long-term prospects for Notcoin remain promising due to its extensive utility within the TON ecosystem.

Recent developments have been positive for Notcoin. On July 20, TrustWallet announced support for Notcoin and all TON jettons. Additionally, Notcoin has partnered with 1inch and Sign to introduce Triangle, a new accelerator program aimed at growth within the TON ecosystem.

Now, no matter how either of these two altcoins perform in the upcoming period, analysts are saying that whales are better off focusing on new ICOs – specifically Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).

Below, we’ll check out the exact reasons why these ICOs are trending.

Pepe Unchained ($PEPU) Is the Next Big Frog Meme with a Custom L2 ‘Pepe Chain’ to Streamline Transactions

Pepe Unchained ($PEPU) is a new presale project that's tapping into the popularity of the Pepe the Frog meme. It aims to overcome the scaling issues that have hindered other meme coins.

To achieve this, Pepe Unchained has built its own Layer 2 blockchain called Pepe Chain. This innovative approach is designed to process transactions faster and at a lower cost compared to platforms like Ethereum, which have struggled with congestion and high fees.

The project has rapidly gained attention, raising over $6 million in its initial coin offering (ICO). Investors are drawn to the promise of speedy, affordable, and secure transactions, as well as the opportunity to earn substantial staking rewards.

Pepe Unchained offers holders the chance to stake their $PEPU tokens for impressive annual percentage yields (APYs). However, it's important to note that these rates may decrease as more people join the staking pool.

To ensure long-term growth and sustainability, Pepe Unchained has a well-structured token distribution plan. Thirty percent of the total token supply is dedicated to staking rewards, while twenty percent was allocated to the presale and marketing efforts to generate liquidity and fund project development.

The Meme Games ($MGMES) Allows You to Earn Tokens While Enjoying the 2024 Paris Olympics

The Meme Games ($MGMES) is a new project that’s bringing the excitement of meme coins with the thrill of the 2024 Olympics. Players can choose from a lineup of popular meme coin avatars like Dogecoin, Pepe, and others to compete in Olympic-style events.

By purchasing $MGMES tokens during the presale, investors can select their athlete and participate in games like the 169-meter dash. Winning events earns players additional tokens, adding a competitive edge to the project. The presale offers a 25% bonus on token purchases, making it an attractive opportunity for early investors.

Timed to coincide with the Paris Olympics and Paralympics, The Meme Games aims to capitalize on the global sporting event. The token is scheduled to be listed on decentralized exchanges on September 10th, potentially leading to significant price increases.

The project has already generated significant buzz, raising over $290,000 in its initial presale phase. Given the current momentum, analysts predict strong growth for $MGMES in the coming weeks.

WienerAI ($WAI) Leverages Advanced AI Intelligence to Help Investors Make Better Trading Decisions

WienerAI ($WAI) is infusing meme coins with artificial intelligence (AI). Built on the Ethereum blockchain, it's designed to be more than just a digital collectible. WienerAI incorporates an AI-powered trading bot to help users make informed investment decisions.

The project has combined AI features with a charming wiener dog mascot, creating a unique identity that has resonated with the crypto community, forming the "Sausage Army."

To incentivize participation, WienerAI offers substantial staking rewards. Early investors can earn attractive returns of up to 140% annually. The token's total supply is fixed at 69 billion $WAI, with a distribution plan that prioritizes presale, staking, community building, and liquidity.

The project's combination of fun and functionality is expected to drive long-term growth and success, especially since the presale already has over $8M in funds.

PlayDoge ($PLAY) Is Leading the Mobile P2E Game Wave with Impressive Virtual Gameplay Experience

PlayDoge ($PLAY) is a new mobile game that combines the nostalgic charm of the Tamagotchi with the playful energy of the Doge meme. Players can nurture their own virtual Doge pet in a retro 8-bit world, caring for its needs and engaging in mini-games to earn $PLAY tokens.

Built on blockchain technology, PlayDoge offers a unique blend of classic gameplay and modern crypto features. The game boasts high-definition pixel graphics and intuitive touch controls, creating an immersive experience.

Since its launch in May 2024, PlayDoge has generated significant interest, raising over $5.8 million in its presale phase.

Players earn tokens by caring for their pets and winning games, creating a fun and rewarding gameplay loop. The developers have ambitious plans to expand the PlayDoge universe with additional games, providing players with more opportunities to earn and engage.

Shiba Shootout ($SHIBASHOOT) Is the New Doge Sensation in the Market Based on Wild West Themes

Shiba Shootout ($SHIBASHOOT) is a new ICO bringing the Wild West to the world of meme coins. The ERC-20 token has quickly gained momentum, raising nearly $800,000 in its presale phase.

A key feature is its "Cactus Staking" mechanism, which offers impressive annual percentage yields (APYs) of 1,248%. This gamified approach visualizes rewards as a growing cactus, adding an engaging element to the investment process.

Beyond staking, Shiba Shootout builds a strong community through features like Posse Rewards, which incentivize user referrals, and Campfire Stories, where holders can share crypto-related stories. The project also emphasizes community governance, allowing token holders to vote on important decisions.

The Shiba Shootout roadmap outlines a clear path for growth. Phase one focuses on building a strong foundation, including exchange listings. Phase two aims to expand the community through partnerships and exclusive Discord access. The final phase will introduce merchandise, a crypto education platform, and listings on major exchanges.

Base Dawgz ($DAWGZ) Brings Real Utility to the Meme Market with Its Multichain Features

Base Dawgz ($DAWGZ) is a multichain meme coin built on the high-speed Base blockchain. Leveraging Coinbase's Layer-2 solution, Base Dawgz offers a fast and cost-effective platform for its community.

Since its presale launch in June 2024, the project has garnered significant attention, raising over $2.7 million.

What sets Base Dawgz apart is its focus on rewards and community engagement. The platform offers impressive staking rewards, with annual percentage yields (APYs) reaching up to 117%.

Base Dawgz has also implemented a share-to-earn mechanism that rewards users for promoting the coin on social media.

Because of its multichain approach, analysts believe that $DAWGZ has the potential to reach 100x profits once the listing goes live.

The Bottom Line

Shiba Inu and Notcoin are in trouble and Ethereum whales have caught notice. After dumping a large number of $SHIB and $NOT tokens, these whales are now on the lookout for the “next big thing” in crypto.

According to analysts, profits can be found in trending ICOs such as Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).

These tokens not only have successful presales, but they also bring engaging features, strong tokenomics, and new utility to the meme market.

If you want to capitalize on their momentum, now is the best time to get in early and secure your first batches!

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

BlockDAG Presale’s $20M Jump in 48Hrs or Rexas Finance’s $8.6M Goal: Which One Steals the Spotlight?

Robinhood Listing Could Send DTX Exchange Into the Top 20: Will 10,000% Rally Overtake XRP and Tron This Winter?

BlockDAG Raises $20M in Just 48 Hours—Presale Total Nears $150M! Dogecoin & Shiba Inu Price Forecasts Explained

Can Ethereum Maintain Its Lead Over Competitors?

Ethereum ETFs & BNB Rise—BlockDAG's BULLRUN100 Offer Ends Soon as Presale Hits $150M!