Ripple’s own cryptocurrency, XRP, saw a big increase in price over the last week. XRP surged by over 25% over the last seven days, showcasing the return of the bullish sentiment to the market.
This spike is more important than it seems, as it came in the middle of the bear market which pulled down almost all established cryptos.
With this renewed optimism, traders are increasingly looking for promising projects that can provide gains in the 10 – 100X range.
Established projects already have billion-dollar market caps, and leave little room for growth, which is why we pinpointed some new and less-known presale projects.
Let’s see what we found.
In the past 48 hours, XRP's price has soared to $0.56, breaking through significant resistance levels, including the 200 EMA at $0.52.
This surge comes on the heels of the first anniversary of Judge Analisa Torres' landmark ruling affirming the validity of the XRP token. The anniversary was notably marked by Ripple's CEO Brad Garlinghouse and CLO Stuart Alderoty on social media.
Another factor contributing to XRP's bullish trend is the anticipation surrounding the upcoming July verdict in the SEC’s ongoing case against Ripple.
According to analytics from Santiment, there has been significant buying pressure on XRP, with a decreasing supply on exchanges indicating that investors are holding onto their tokens.
As of now, XRP is trading at $0.5408, up 1.92% over the last 24 hours. If XRP continues its upward trajectory and surpasses the $0.56 mark, it might soon test the $0.59 resistance level. Conversely, if momentum shifts and the price drops below $0.52, the next support level to watch would be $0.46.
Despite XRP’s impressive performance, skilled investors highlight that we still can’t see any gains bigger than 2X from it.
Let’s take a look at some projects that can actually deliver these life-changing profits.
Despite the current bearish sentiment in the meme coin market, Pepe Unchained ($PEPU) is making waves with its promising presale.
This project aims to elevate Pepe to new heights by introducing its own dedicated Layer-2 blockchain atop Ethereum.
Creating a Layer-2 solution specifically for Pepe opens up numerous opportunities. Inspired by the success of projects like Base, Pepe Unchained promises significantly faster transaction speeds and lower gas fees compared to its Layer-1 peers.
This enhanced efficiency means users can stake, trade, and engage with PEPU tokens more effectively, potentially leading to higher investor returns.
One of the most exciting aspects of Pepe Unchained is its staking rewards program, boasting an impressive annual yield of 521%.
This attractive incentive has already led to the staking of over 300 billion tokens. The project's presale has seen remarkable interest, raising over $3,7 million in its initial stages, indicating strong support from the crypto community for Pepe Unchained's potential.
In summary, Pepe Unchained is breaking the mold in a stagnant market, offering innovative solutions and substantial rewards that have captured the attention of investors.
The meme coin market has come a long way, evolving from its early days of limited options to offering projects with real utility.
WienerAI ($WAI) stands out as a prime example, having raised over $7.4 million and combining the best of both worlds: utility and virality.
With built-in AI trading capabilities and lucrative staking rewards, WienerAI offers significant value to investors.
What really sets WienerAI apart is its intriguing backstory. In the year 2132, a mad scientist known only as The Architect, working in a futuristic hub called New Silicon Valley, aimed to create a groundbreaking fusion of a puppy and artificial intelligence.
However, a last-minute accident involving a sausage led to the creation of WienerAI, a unique and viral meme coin with substantial utility.
This engaging origin story, paired with its practical applications in AI trading and staking, makes WienerAI a compelling investment opportunity in the ever-evolving meme coin market.
Step into Shiba Gulch, the Wild West-themed town that is the centerpiece of Shiba Shootout ($SHIBASHOOT).
Although the project is in its infancy, it has already garnered significant attention, raising over $670k during its early presale phase.
This early stage offers a prime opportunity for investors, with projected staking rewards exceeding 1513% annually.
Shiba Shootout is designed to cultivate a vibrant community atmosphere, much like a bustling Wild West town.
One of its most compelling features is the ability for investors to participate in major project decisions through a democratic voting system, fostering a sense of ownership and engagement.
The Play-to-Earn (P2E) game encourages interaction, allowing players to challenge each other, share memes, and enjoy the immersive Wild West experience.
Additionally, the Lucky Lasso Lottery provides exciting opportunities to win substantial crypto prizes, further enhancing the appeal and potential rewards for participants.
Base Dawgz ($DAWGZ) is making waves in the crypto world, having already raised over $2.5 million during its early presale stages.
However, the real opportunity lies in their innovative share-to-earn promotion. Investors can earn points by sharing content and memes related to Base Dawgz on social media. These points can later be redeemed for $DAWGZ tokens once the project starts listing, providing an excellent incentive for early engagement.
This daring new pup isn't limited to one chain.
Although its primary home is on the exciting new Base chain, Base Dawgz is a multi-chain token. Investors can also find it on Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Avalanche (AVAX).
This multi-chain approach is particularly savvy, given the shifting popularity of different blockchains in 2024. It ensures that Base Dawgz remains flexible and accessible across various platforms, positioning it well for future growth.
In the current bearish crypto market, finding promising investments can be challenging.
However, as seen with the success of XRP and the growing interest in new presales, opportunities for substantial gains still exist.
XRP's recent surge, driven by significant milestones and market anticipation, showcases the potential for established cryptocurrencies to break out.
Meanwhile, new presales like Pepe Unchained, Wiener AI, Shiba Shootout, and Base Dawgz offer innovative solutions and attractive incentives, making them compelling options for investors looking to capitalize on emerging trends and technologies.
These projects demonstrate that even in a downtrend, strategic investments can lead to impressive returns.
Explore these promising opportunities and consider adding them to your portfolio to stay ahead in the ever-evolving crypto landscape.
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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.