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Breaking News: Tether Announces US Stablecoin Launch, Appoints Ex-Trump Advisor As CEO

Ethereum Struggles to Recover from Crypto Crash – Investors Turn to Emerging Meme Coins

Bitcoinist
by Bitcoinist
1 year ago
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto and traditional finance markets were hit hard last week…

Every household cryptocurrency plummeted in value in just one day – Bitcoin lost $15K, Solana over $50, and Ethereum around $1,000.

This was the largest crypto crash since the FTX exchange collapse in 2021, but analysts predicted that we will recover from this one much sooner.

However, things aren’t going as smoothly as they expected…

That’s why traders turned to the presale market, which remains unaffected by the overall bearish sentiment.

Projects like Pepe Unchained ($PEPU), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and the Meme Games ($MGMES) are recording new milestones in presales despite the market crash.

Let’s take a look at what’s happening with the big players, and how these presales can still make you profits in this market.

>>>Buy The Best Crypto Now<<<

Ethereum (ETH) Won’t Regain Its Losses Anytime Soon – Traders Turn to the Presale Market for Profits

Ethereum, despite being a hot topic in the crypto world recently, has faced significant price challenges.

The leading altcoin saw a sharp decline of about 15% over 30 days, bottoming out just above $2,100. The downturn happened despite the excitement surrounding the ETF launch and was largely influenced by broader market instability.

Currently trading at $2,588, Ethereum is struggling to surpass the $2,600 resistance level. While there’s been some recovery, the road to recouping recent losses appears long and uncertain. A potential rally could begin if Ethereum manages to break through and establish support at $2,930. However, this scenario seems unlikely in the near future.

If Ethereum fails to breach $2,930, it’s more likely that the price will remain range-bound between $2,500 and $2,930 for the foreseeable future. This suggests that Ethereum investors may need to exercise patience, as a quick recovery to previous highs seems improbable in the short term.

Due to all of this, some Ether whales flocked away from the project and invested in the presales that we’re about to show you.

>>>Buy The Best Crypto Now<<<

Pepe Unchained ($PEPU) – Layer-2 Solution to Meme Coins With $8.2 Million in the Bank Already

The crypto world’s buzzing about a new player that could shake up the meme coin scene, especially with big names like Ethereum and Shiba Inu losing their dominance. We’re talking about Pepe Unchained ($PEPU), a fresh take on the viral Pepe meme from last year.

Launched just a month ago, Pepe Unchained has already raked in millions from investors during its presale. But don’t write it off as just another meme coin clone – Pepe Unchained aims to revolutionize how we use meme coins.

Why is it generating so much hype?

Well, it’s built as a Layer-2 solution, tackling the headaches of slow transactions and sky-high fees that plague networks like Ethereum.

If you’ve ever cursed at your screen waiting for a transaction to go through or winced at the gas fees, you’ll appreciate what Pepe Unchained brings to the table.

The crypto community seems to agree – they’ve poured a whopping $8.2 million into the ongoing presale.

That kind of backing speaks volumes about the project’s potential. Investors clearly see something special in Pepe Unchained, betting on its promise to make crypto transactions faster, cheaper, and more efficient.

So, if you’re looking for the next big thing in meme coins with some serious tech muscle behind it, Pepe Unchained might just be worth keeping an eye on.

>>>Buy Pepe Unchained Now<<<

Base Dawgz ($DAWGZ) – The Multi-Chain Meme Coin Bridging Multiple Blockchains

Base Dawgz ($DAWGZ) is built on the Base blockchain, but this dog-themed crypto extends its reach across major networks including Ethereum, Solana, BSC, and Avalanche.

The main selling point of Base Dawgz is its versatility. Users can trade and use $DAWGZ across various blockchains, profiting on the strengths of each network.

While maintaining its playful meme coin roots, Base Dawgz incorporates practical features aimed at fostering community engagement. Their share-to-earn program incentivizes users to spread the word on social media, rewarding them with tokens for their efforts.

Also, $DAWGZ offers big staking rewards that can earn you passive income in the long-run.

The concept seems to be resonating with investors. Base Dawgz’s presale has already accumulated over $2.9 million, with the number of investors growing each day.

>>>Buy Base Dawgz Now<<<

PlayDoge ($PLAY) – Reviving Tamagotchi Nostalgia with a Doge-Themed P2E Twist

Remember those tiny egg-shaped toys from the 90s that had us all glued to pixelated screens? Well, they’re making a comeback, but with a crypto twist.

PlayDoge ($PLAY) is breathing new life into the virtual pet craze, mashing it up with the Doge meme and play-to-earn mechanics.

In this mobile game, you’ll find yourself caring for adorable digital pets in a charming 8-bit world. You’ll be feeding, playing, bathing, and training your virtual pet.

Where does crypto fit in all of this you ask? Well, you’ll can earn $PLAY tokens while taking care of your friend.

The developers haven’t skimped on the visuals either. Despite the retro aesthetic, PlayDoge boasts high-definition pixel graphics that pop on your smartphone screen.

The project has already raked in over $6 million during its presale, with demand so high that it might wrap up earlier than expected.

Looking ahead, the team behind PlayDoge isn’t happy with just one game. They’re planning to expand the PlayDoge app with more games, giving players even more opportunities to earn rewards and keeping the platform fresh and exciting.

For those concerned about security (as we all should be in the crypto), PlayDoge has taken the extra step of getting audited by SolidProof.

>>>Buy PlayDoge Now<<<

Shiba Shootout ($SHIBASHOOT) – P2E Meme Coin Nears $1 Million Milestone Despite the Market Crash

Shiba Shootout ($SHIBASHOOT) is bringing together the fun of meme coins with the excitement of play-to-earn gaming, all set in a Wild West theme.

The project is already gaining momentum, with $884,000 raised in its presale—a strong indicator of early interest. One of the highlight features is “Cactus Staking,” which puts a unique spin on the usual staking models.

What’s great about Shiba Shootout is its accessibility; the game is available on both Google Play and the Apple App Store. Players are loving the simple and engaging gameplay.

Looking ahead, the Shiba Shootout team has big plans. They’re working toward getting listed on major exchanges and are constantly developing new features to keep the game fresh and exciting.

It’s still early days, but with its unique mix of elements and a growing community, this project could be the next 100X hit.

>>>Buy Shiba Shootout Now<<<

The Meme Games ($MGMES) – Crypto & Olympic Games Meme Coin

The Meme Games ($MGMES) is a new presale that was dubbed as the “Official Olympic Games Meme Coin” by its hyped-up community.

Investors can jump in during the presale phase, select their favorite meme athlete, and compete in various Olympic-style events.

From the 169m dash to tennis matches and basketball games, players have the chance to earn additional tokens based on their performance.

Timed to coincide with the Paris Olympics and Paralympics, The Meme Games is perfectly positioned to ride the hype of these events.

The project plans to list $MGMES on decentralized exchanges on September 10th. In just a few days, $MGMES raised nearly $357,000.

Nevertheless, The Meme Games presents an interesting blend of meme culture, sports enthusiasm, and crypto mechanics that might appeal to a wide range of users.

>>>Buy The Meme Games Now<<<

The Conclusion

Market didn’t really recover as quickly as analysts expected. Black Monday took down most of the profits that established players like BTC and ETH have made over the last year.

Luckily for us, presale market is still standing strong, with projects like Pepe Unchained ($PEPU), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and The Meme Games ($MGMES) raising millions after the crash.

If you want in on these booming altcoins while the rest of the market struggles to comprehend what happened, head over to their website and grab your first bag today!

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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