The two smart contract giants, Ethereum and Cardano, are witnessing unfavorable price movements as of July 2024. This situation positions WW3 Shiba, a new face in the crypto gaming sector, to capitalize on the growing demand for P2E projects and contend for crypto supremacy. Recently, WW3 Shiba launched its presale. With a starting price of $0.001, it has managed to move $51,000+ WW3S tokens. Yet, is this enough to qualify WW3 Shiba as a rising star in the meme coin sector? Let us discuss.
Ethereum (ETH) has witnessed positive momentum for most of 2024, with events like Bitcoin's halving event and the approval of spot ETFs driving its price upwards. But despite the positive outlook, ETH, like many other coins, is facing price stagnation in June. Although Ethereum managed to clear up its run-in with the SEC over Ethereum 2.0, ETH is 2.83% down on its 24-hour chart (at the time of writing) and 12.5% down on its 30-day chart, making investors wonder whether to expect further losses. Ethereum (ETH) now trades at $3,309 (at the time of writing), with bullish investors insisting it will soon overturn these misfortunes, thanks to rising partnerships in its ecosystem.
Cardano (ADA) shares a similar fate to Ethereum. Despite reaching a yearly high of $0.775 in mid-March, ADA failed to maintain its positive momentum, crashing to $0.444 just a few weeks later. In recent news, Cardano narrowly prevented a DDoS attack that sought to manipulate the blockchain into charging low fees on high-value transactions. This scare has prompted Cardano developers to work on a node upgrade that will prevent future attacks of this kind. Cardano (ADA) is trading for $0.397 (at the time of writing), 3% down on its 7-day chart, and 3% down on its 30-day chart. Bullish experts hope this upgrade will boost user confidence in Cardano and possibly increase DeFi activity on the network. This development could push Cardano (ADA) back to $0.50 levels.
WW3 Shiba is a fast-rising gaming network whose core philosophies will change the entertainment industry. With an agenda to unite a global community through the power of memes and decentralized governance, WW3 Shiba's platform provides entertainment and engagement. It focuses on supporting dogs of war and those injured in wars.
The WW3 Shiba game abounds with P2E opportunities, offering gamers a platform to enrich themselves while furthering the project's financial ambitions. Players collect NFT dogs and complete challenges to prevent leaders like Elon Husk from destroying the world. By simply playing the game and saving the world with your loyal pack of puppies, players earn $WW3S tokens. Every player also has the chance to become the top dog in their country, earning themselves in-game bonuses and NFTs representing the dog from their country of choice. Additionally, gamers can stake their tokens to earn percentage rewards of up to 90% APR.
Following June's market reversal, which affected altcoins like Ethereum (ETH) and Cardano (ADA) investors are watching for investments that could help recoup losses. Among their top considerations is WW3 Shiba, a brand new meme project that is making waves with its fast-selling presale. Despite being in stage one, it is already one of the most trending ICO investments, with over $50,000 worth of $WW3S sold. At the time of writing, $WW3S trades at $0.001. But thanks to its combination of P2E opportunities and real-world utilities, bullish traders expect the price to reach 100x at listing.
If you would like to find out more information about the presale,
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.