Crypto markets are currently experiencing a period of relative stability, with a slight positive bias, following the release of the latest US jobs numbers for June. Bitcoin (BTC) is currently trading around $30,000, while ether (ETH) is around $1,870. The overall market capitalization is slightly up at around $1.18 trillion.
While the major cryptocurrencies are relatively flat, there is plenty of action in the small-cap meme coin markets. Crypto enthusiasts are constantly on the lookout for the next meme coin that has the potential to skyrocket in value, similar to Pepe or Shiba Inu. Here are some of the top performers according to DEXTools, a decentralized exchange analytics tool.
Moon ($MOON) is a newly emerged meme coin that has quickly gained popularity. Its value surged from around $0.003 to as high as $2.0 in just a day. However, it has since pulled back to under $1.0 per token, with a market cap of nearly $30 million. Within the last 24 hours, approximately $1.18 million worth of $MOON tokens have been traded on DEXs. Currently, $MOON has 360 holders and locked liquidity of around $250,000.
Pepe 3.0 (PEPE3.0) is another meme coin that has been performing well. Following the success of previous versions, Pepe 3.0 coins have gained traction in the market. One Pepe 3.0 coin has a market cap of over $3.0 million, experiencing a 600% increase in value today, with nearly 1,400 holders. Another Pepe 3.0 coin has achieved over 700% growth today and recently surpassed a market cap of $500,000, attracting 2,700 holders.
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Recent controversy surrounding the Azuki NFT collection has sparked the emergence of Azuki 2.0 (AZUKI2.0) meme coin, which has experienced significant growth. AZUKI2.0 has seen a nearly 600% increase in value today, reaching the $0.0005 range. It currently has a market cap of over $500,000, trading volumes of nearly $200,000 in the last 24 hours, and over 1,300 holders.
In addition to actively trading meme coins, crypto traders interested in finding the next low-cap gem should consider participating in meme coin presales. These presales offer the opportunity to purchase tokens at a lower price before they are listed on exchanges. Here are two meme coin projects currently conducting presales:
Wall Street Memes (WSM) is a retail investing community that gained prominence during the meme stock craze of 2021. WSM has recently entered the cryptocurrency space with the presale of its new $WSM token. The presale has already raised over $13.26 million in just over a month, thanks to its large community of over 1 million members across various social platforms. With 30% of the token supply reserved for community rewards, airdrops to holders are expected to be a significant part of the ecosystem. Analysts predict that $WSM will be listed on top-tier exchanges like Binance.
Thug Life Token (THUG) is a brand new meme coin project that has already raised over $640,000 through its presale. Unlike many other meme coins, THUG is not based on dog memes or short-term social media fads but is themed around the timeless Thug Life movement popularized by hip hop stars like Snoop Dogg. With a presale price of $0.0007 and a total maximum supply of 4.2 billion, the project has a conservative fully diluted market cap of $2.94 million. The presale will end once it reaches the $2.058 million mark or when the 10-day countdown expires. After that, tokens can only be obtained through airdrops, community rewards, or potentially at a higher price on decentralized exchanges.
Please note that investing in cryptocurrencies carries a high level of risk, and this article does not serve as investment advice. It is important to conduct thorough research and consider the potential risks before making any investment decisions.
