The meme coin market has experienced a staggering decline, with a loss of over $20 billion in the past three weeks. The current market cap is now below $49 billion, and the leading memes are still unstable, as they entered a downtrend once again. This trend was reflected in PEPE, FLOKI, and BRETT, all of which have seen a significant drop of over 7% in the past week, followed by slight pumps, but the gains were short-lived.
It’s evident that investors are moving away from established meme coins as the market retracts, but some projects are still showing huge potential despite negative price movements. Emerging memes such as PlayDoge, Pepe Unchained, WienerAI, and Base Dawgz are pushing through presale milestones faster than expected, so let’s see why investors turned their focus to new projects instead of investing in industry favorites.
Leading Meme Coins Recover Overnight – But Enter Downtrend Hours Later
The meme coin markets have taken a huge hit in the past few weeks, retracting by as much as $20 billion. Almost all popular memes have dropped during this time, but the highest losses happened to PEPE, FLOKI, and BRETT, each of whom lost at least 25%. The situation was critical for over a week, while the meme coin markets stayed in the red. However, on June 25, the market entered a recovery mode, followed by another correction phase that lasted for a few hours.
As of time of writing, meme coin markets are once again in an uptrend, and almost all memes are experiencing gains. After major price drops, PEPE is now trading at 10.5% higher than it was in the past seven days. The tokens gained over 8% in the past 24 hours alone, but the pump was quickly followed by losses just hours later.
The situation with FLOKI is trailing behind, as the token gained over 3% in the past 24 hours, which is nearly 1% above its value the past week. BRETT had the highest gains of over 4.6% compared to last week. It gained nearly 8% in the past 24 hours alone, signaling that meme markets are in a mini bull run. Sadly, the pump lasted only a few hours and almost all memes entered a correction phase by the end of June 25. They are likely to bounce back at some point but we’ll still have to wait.. However, the potential returns are nothing compared to the gains expected from emerging memes that are already exploding during presale. So, let’s see why you should consider adding them to your portfolio as soon as possible.
Pepe Unchained: Solving Scalability with Humor and Efficiency
Pepe Unchained aims to capitalize on its predecessor PEPE meme coin while addressing Ethereum’s scalability issues. It is built as a layer-2 blockchain solution on its own unique Pepe Chain, and it promises transactions speeds 100 times faster, much more affordable than those on Ethereum.
The official Pepe Unchained presale raised over $800,000 in a matter of days, speeding up as time every day and as the number of investors keeps growing. 30% of the token supply is reserved for staking, 20% for presale, 20% for marketing, while the remaining 30% split among liquidity, project finance, and chain inventory. The token distribution plan aims to ensure balanced growth and promote long-term sustainability, likely putting Pepe Unchained among the highest-gaining memes on the crypto market after it appears on all major exchanges.
PlayDoge: Bringing Innovation to the Crypto Scene with a Nostalgic Twist
PlayDoge ($PLAY) is preparing to launch a mobile game combining the nostalgia of Tamagotchi Pets with the Play2Earn reward system. The game, inspired by the 90s classic Tamagotchi which sold over 90 million units, is set to attract fans of virtual pet care with a modern, cryptocurrency-driven twist.
In PlayDoge, players nurture a virtual dog, engaging in activities that earn them $PLAY tokens. Regular care is crucial as neglecting your pet can lead to it becoming ill or even dying, in which case you will need to start over with a new pet. The project entered presale a few weeks ago, and you can buy $PLAY tokens for $0.00512, but their price will increase with each new phase. The event has already raised over $5 million, indicating strong interest and potential for future value growth.
WienerAI is another dog-inspired meme coin featuring a powerful AI Trading Bot designed to provide users with essential information they need for making the best crypto investments. The bot finds stable trades by predicting market trends and fluctuations in real time, giving users an edge over their competitors. The bot is an excellent choice for seasoned and new traders offering a user-friendly interface, allowing them to navigate bullish or bearish market phases with minimum risk.
The presale for WienerAI has raised $6.4 million, with tokens priced at $0.000722. Investors are keen on its staking program, which offers a 181% APY. About 62% of tokens bought in this phase have been staked, resulting in 2.1 billion $WAI rewards. This high participation showcases the confidence investors have in Wiener’s long-term potential.
Base Dawgz ($DAWGZ) utilizes multiple blockchains to enhance its effectiveness, making it a unique addition to the dog-themed meme coin category. Operating on the Base blockchain, it’s also accessible via Ethereum, Solana, Binance Smart Chain, and Avalanche. This interoperability reduces transaction fees and improves speed and stability.
Base Dawgz’s standout feature is its Share2Earn program, which rewards users with $DAWGZ tokens for creating and sharing content related to the project. This incentivizes active community participation and engagement. The presale has garnered significant momentum, raising over $2 million, with tokens currently priced at $0.00527.
These innovative projects reflect the evolving nature of the crypto market, blending nostalgia, humor, technological advancements, and community engagement. They each offer unique opportunities for investors looking to capitalize on new trends in the crypto space.
Despite entering a recovery mode after days of massive losses, most established meme coins are struggling to stabilize. After regaining some ground, their growth stopped and some of them started slipping once again. On the other hand, meme coin presales mentioned above are pushing through milestones daily, and many of them are showing huge growth potential after launch. So, visit the official sites today and invest early to get the highest returns in the next few months.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
