GameFi, Meme Coins, Layer 2
The crypto bull run is back as market leader Bitcoin posted double-digit gains this week.
Many altcoins followed, making more profits than the market leader. Here, let's explore the best trends to invest in.
GameFi
With projects like Notcoin and Hamster Kombat attracting tens of millions of users, GameFi is becoming an unstoppable force.
But NOT and HMSTR may not be the best projects to buy. Most of them are already priced.
According to CoinMarketCap data, there are 339 gaming tokens on the market, and there could be hundreds more that the website doesn't track.
Many of these projects are underrated and, disturbingly, working on high-quality games.
For example, PlayDogge is a new flavor that combines the fun of meme coins with the Play-to-Earn value-based feature.
It is based on the classic Tamagotchi game from the 1990s and rewards players with $PLAY tokens as they collect XP points.
The $PLAY token has several features, including making in-game purchases, earning rewards, and stacking.
Playdog is currently in the pre-sale stage, so investors can buy it at the lowest possible price.
Away from P2E, Mega Dice Token is a GameFi project that can surpass big players like NOT and HMSTR.
Let's start by talking about Mega Dice's main selling point: it's an established revenue generating business.
Mega Dice is a popular crypto casino that runs over $50 million in monthly earnings.
The new token is part of the gamification layer and contains several utilities.
For example, holders will earn daily rewards based on casino success, limited edition NFTs and special prizes.
The Mega Dice Token is currently in presale and has raised $1.6 million so far.
Meme coins
If you had invested all your money in Pepe or Dogwhiphat at the beginning of 2024, you would have probably outperformed 99% of other traders.
Love it or hate it – meme coins are on fire.
New projects are popping up every day and making huge gains.
Pepe-themed Pepe recently took the market by storm, rising to a market cap of $146 million this month, up 250% this month.
Then you've launched a new WienerAI – meme coin AI crossover currently in pre-sale.
The project has been transformed in front of its memetic façade. However, the team is harnessing the magic of meme coins to come up with a revolutionary AI-based product.
It is building an AI trading bot where users can ask questions, get feedback on ideas and trade seamlessly.
Think of it as a Swiss Army Knife of shopping.
Meanwhile, the memetic appeal is attracting the masses.
WienerAI's presale has raised more than $7 million but will end in 13 days.
Another early-stage project that shows potential is Base Dawgz.
It's a Shiba Inu themed, chain-hoppy meme coin with a stacking utility.
$DAWGZ is a native chainbase, but the project is on track for mass adoption with launches on Ethereum, Solana, BSC and Avalanche.
There is an ongoing referral and acquisition airdrop. Users can collect points by referring others to pre-sales. These points can be redeemed for $DAWGZ tokens following the launch of the exchange.
The Base Dawgz presale is active and has raised a whopping $2.5 million so far.
Layer 2
A quiet revolution is happening on Ethereum – and it might not be what you think.
While all eyes are on upcoming Ethereum ETFs, Layer 2 blockchains are solving Ethereum's biggest woe: high transaction fees.
In the year At the peak of 2021, Ethereum fees may not be affordable for anyone outside of the six- to seven-figure net worth brackets. Fees often cost more than $100 per transaction.
That's why low-fee options like Solana have grown. The problem was that Solana had major centralization concerns.
But today, thanks to Layer 2 blockchains, users can benefit from Ethereum's security and decentralization while enjoying Solana-level speed and payments.
These blockchains are cheap and fast and seamlessly connect to Ethereum. It's the best of both worlds.
And when it comes to investing in these clothes, only one project comes to mind: Pepe Unchained.
As the name suggests, Pepe Unchained is a Layer 2 focused on meme coins.
With speeds 100x faster than Ethereum and payout rates lower, the possibilities are endless.
Developers can build a meme coin focused perpetual DEX, a meme coin lending protocol, a meme coin payments system, or anything else.
Even better, Pepe Unchained is in the pre-sale phase.
But don't be fooled into thinking that the project is empty.
It compares other layer 2s with block explorer, ethereum bridge and big rewards.
Pepe Unchained's pre-sale is underway and has raised $4 million so far. The current price is $0.0084937, but that will increase later today.