Events That Can Impact Crypto Prices This Week - New Projects Prepare For Explosive Gains

Last week was a major week in the crypto market as for the first time in over 4 years the Federal Reserve decided to slash interest rates. They began at 0.5% for only the third time in history and the market immediately got a kick start from this move. However, as we know the crypto market never sleeps, and now we are into a new week with more factors that could decide if conditions will remain bullish.

The biggest factor likely to dictate prices this week is the S&P Global Services PMI (purchasing managers index) report which is released on Monday. This summarizes current business conditions that impact GDP and leads us to the consumer confidence reports on Tuesday. Both of these will give a pretty good indication of how investors should be approaching the markets. 

As we expect these good conditions to continue, we thought it would be the perfect time to find some tokens that we think will benefit from positive investor sentiment. We have chosen 4 presale tokens as a strong finish in September could lead us into a very bullish Q4. If that's the case these tokens should be ripe for peaking around that time. Here they are:

• Pepe Unchained ($PEPU)

• Memebet Token ($MEMEBET)

• Crypto All-Stars ($STARS)

• Arkenstone (ARKN)

Now, let’s examine each project and outline why we think each one should be on investor's radar.

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Pepe Unchained- The meme coin presale with unstoppable momentum 

One of the most hyped presales of 2024 is closing in on another milestone as it is just about to hit the $15 million raised mark. It is one of the most hyped meme coin presales ever and one of just a few that has raised so much money in such a short time. Pepe Unchained ($PEPU) promises to unleash the full potential of the Pepe meme but how will it do this?

The original Pepe Coin ($PEPE) is a cult hero because of its ascension from nothing last year. However, the evolution of the meme coin sector has led to change. One of the major changes has seen a pivot toward utility. Pepe Unchained is built on top of Ethereum which gives it its own Layer 2 chain. This opens up an endless amount of possibilities and utility.

Staking is one of the main positives of Layer 2. Currently, the APY stands at 142% so there are great rewards up for grabs for investors. There are also other benefits that come with Layer 2 like faster transactions and cheaper gas fees. Finally, we have the endless possibilities. The future could see Pepe Unchained becoming a major host for meme coins itself, this would be very valuable for investors.

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Memebet Token- The first casino that lets you wager major meme coins 

If you are a keen examiner of the presale market you will have noticed an influx in casinos popping up in 2024. The crypto casino sector has been one of the fastest-accepted parts of the market by the mainstream. They hold real advantages over traditional online casinos so the market seems to be cashing in on this. Despite the new popularity Memebet Token ($MEMEBET) has still managed to be a first.

It is the first Telegram and web casino that accepts meme coins as payment for wagering. This is arguably the combination of two of the hottest crypto combinations in 2024 so you can expect that to pay dividends. It is the most recently launched presale on this list but already the token is gathering a lot of attention. The presale has now raised over $270k.

Dogecoin ($DOGE), Pepe ($PEPE), Shiba Inu ($SHIB), and Floki ($FLOKI) – with more on the way – will all be accepted by the casino. However, using $MEMEBET will lead to the most profit and also give the token great utility. This isn’t just any token casino either; it will have a well-stocked games library and even a sportsbook that will allow you to gamble on the biggest leagues in the world.

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Crypto All-Stars- The staking token that could change everything for meme coins

One of the presales with the most potential for market revolution is Crypto All-Stars ($STARS). The project inventors have seen how popular staking has become with meme coin projects and instead of jumping right on board have come up with a different method of staking that may change the whole market. The presale has now raised over $1.5 million.

Staking has gone from being a bit part player in the crypto part to suddenly being a foundational block. Meme coin's evolution and growth in popularity have led projects to adapt staking in their presale stages. The reason for this is it helps fight the negative sides of volatility that meme coins are vulnerable to. Crypto-All Stars is ready to introduce us to a whole new type of staking.

With the Meme Vault for the first time ever investors will be able to stake multi-chain, multi-token projects in one place. There is a long list of major meme coins that are already accepted and that list is growing. By holding $STARS, the rewards you get from staking will be much larger which increases the value of the token. They believe they are going to be the meme coin event of the century.

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Arkenstone- The crypto project that everyone in the industry will love

There is no surefire way to guarantee the success of a crypto project. However, there are obviously some factors projects have that make them much more likely to succeed. Utility is something we have focused on a lot in this piece. One of the best kinds of utility for a crypto project is real-life utility and that is what we have with Arkenstone (ARKN).

As crypto inventors themselves, they are very familiar with the high costs it takes to get a token up and running. Through their GemLaunch suite, they will empower crypto creators to host their own presales thus eliminating the large costs it takes to pay websites to do this for them. They will also require no previous coding knowledge so it's open to everyone.

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Conclusion

We can never be sure how the events this week will affect the market. However, it does look like bullish conditions could continue into Q4. If that's the case, the presale tokens we have reviewed above are must-buys right now. Their low prices and huge potential mean that when they launch at that time they could go to the moon.