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This week has been rough for crypto in general, especially Ethereum. It has recorded a 6% drop in value, but what worries investors is that August has been rocky for this coin.
The weekly moving average has dropped by 55% compared to last month; however, experts are optimistic that it will surge significantly in September.
However, investors aren’t so sure that it will bring them enormous gains as they shift their attention to these new presales – Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ) and Shiba Shootout ($SHIBASHOOT).
They all have the potential to skyrocket your portfolios once they officially launch.
Let’s check out the details.
Ethereum has faced a challenging August, with several factors contributing to its recent price decline, currently slipping below the $2.5k mark.
The stock market crash on "Black Monday" at the beginning of the month caused a dramatic decline for all markets, which was the first indicator of disaster. This event had a ripple effect, causing a sharp drop across the crypto market.
Another contributing factor was the lukewarm reception to the launch of spot Ethereum ETFs in the United States. While there was initial excitement, these ETFs ultimately saw net outflows of about $465 million, starkly contrasting the large inflows into Bitcoin ETFs earlier in the year.
This change in investor interest has resulted in a transfer of more capital from Ethereum to Bitcoin, causing a further decline in the value of ETH.
However, despite these setbacks, experts remain optimistic about Ethereum’s future. Many predict it could still reach $5k by the end of 2024, suggesting that the current dip might be a temporary setback rather than a sign of long-term decline.
Despite all this, investors are turning to new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), and Shiba Shootout ($SHIBASHOOT) as a great entry point for the much-anticipated bull run.
Let’s check out the details.
Pepe Unchained ($PEPU) is on its way to have a phenomenal listing launch as the ongoing presale has passed over $11.4 million in fundraising. These numbers are attributed to the fact that this is the first token with its own blockchain, designed to tackle all the flaws that its predecessor had with Ethereum.
This new “Pepe Chain“ is a layer-2 solution to Ethereum’s scalability issue. It enables faster bridges between this new network and ETH, lowering congestion. The official website advertises it as a 100x faster option, making this even more interesting to investors.
They’ve also incorporated a dedicated block explorer, which tracks all your $PEPU across the crypto world, enhancing security and stability.
Additionally, you can stake your $PEPU for a 179% APY return. Nearly 900 million tokens are being staked right now, making this option quite lucrative.
Crypto All-Stars ($STARS) is turning heads in the presale community as it managed the project, which has already pulled in over $900k, making this one of the fastest-growing ICO launches in recent times.
The reason for this early success is its MemeVault ecosystem. This new protocol allows for multiple meme coins to be staked at the same time. Since the launch day, there have been over 11 different meme coins to be staked – Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Based Brett, Mog Coin, Milady, Turbo, Toshi the Cat, Coq Inu, and Bonk.
This platform combines top meme coins under one roof, offering a unified staking experience that’s proving to be highly rewarding. Investors can enjoy impressive returns, with an APY of over 1518%, making it a key attraction for those looking to maximize their gains.
Base Dawgz ($DAWGZ) is another dog-themed meme coin that captures the character of the Shiba Inu. It has multiple blockchain technologies, which enable investors to purchase $DAWGZ using various cryptocurrencies, including Base, Ethereum, Solana, Binance Smart Chain, and Avalanche.
Although the presale has ended, you can still secure $DAWGZ tokens at a reasonable price. There are still four days before the official listings start, and after that, the current price of $0.008582 will become a long history.
Projections are strong for this project, so early participation is key for big profits. Over $3.2 million has been accumulated at the moment in this phase. Popular crypto influencers have got their sights on $DAWGZ token launch, so join them and enjoy some significant gains this week!
Additionally, there is a Share2Earn feature that has multiple benefits. First, investors get token rewards for sharing and creating project-related content. This also increases the recognition of Base Dawgz as marketing is partly created by the community.
Shiba Shootout ($SHIBASHOOT) is aiming to take over the P2E sector with its mobile game and generous rewards for investors.
The “Shiba Shooters” mobile game takes you into the role of the best gunslinger in the Wild West. You get to duel other players for a chance to win $SHIBASHOOT tokens. This exciting game is available on both Android and IOS.
However, this project has additional perks that attract even more investors. You have a unique visual representation of staking. Through “Cactus Staking,” you get to see how big your stake gets as your cactus grows.
Also, you get to participate in the future decisions of this project by having “Token Governance Roundups” mimicking the Old West Towns of that era.
The presale has already reached $1 million in sales and you easily get your tokens with Ethereum, Tether, Binance Smart Chain.
As investors gear up for September and the potential surge it holds, they are searching for the best options.
Ethereum can possibly have a bullish month being that this month was underperforming. However, traders want to make 100x returns with their investments and are turning massively to the presale market.
Projects like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Base Dawgz ($DAWGZ), and Shiba Shootout ($SHIBASHOOT) all have the potential to do that.
That’s why now is the right time to invest in them and secure your massive returns.
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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.
