Even though the wider crypto market mostly traded in red this summer, XRP was able to maintain a decent performance in July with nearly a 30% increase in value.
But the last 24 hours haven’t been as promising, with a sudden drop in XRP causing panic among its loyal user base. Some even predict that a major crash is coming its way.
Right now, much better alternatives for profits can be found in presale tokens like Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), and Shiba Shootout ($SHIBASHOOT).
Let’s get into the details and see why this is the case.
Ripple (XRP) Struggling to Maintain the $0.60 Threshold – But These New ICOs Could Rejuvenate Your Portfolio
This week, XRP has seen significant price fluctuations driven by a combination of internal and external factors.
The crypto kicked off the week with notable gains, reaching a high of $0.63 on July 18. However, it experienced a correction, dropping to around $0.5933 by July 20. Right now, it stands at $0.61 after a 3% drop in the last 24 hours.
One key internal factor influencing XRP’s price this week was Ripple’s decision to sell 150 million XRP from its July reserves, adding to the market supply. This move aligns with Ripple’s historical pattern of monthly reserve sales, which typically exerts supply pressure and negatively impact the token’s price.
Technical indicators show a mixed outlook. The Parabolic SAR (Stop and Reverse) indicator reflects strong upward momentum in recent weeks. However, the recent price decline from the peak suggests potential vulnerability.
If XRP fails to hold above the $0.60 mark, it could further dip to the next support level at $0.55.
That said, there are currently much better profit alternatives you can find in the market – specifically Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), and Shiba Shootout ($SHIBASHOOT).
Below, we’ll check out why these new ICOs are trending.
Pepe Unchained ($PEPU) Is Building a Custom L2 Chain to Solve Scalability Issues and Offer Faster Transactions
Pepe Unchained ($PEPU) is a new meme ICO inspired by Pepe the Frog. It uses advanced blockchain technology to address the scalability issues of other meme coins.
It operates on its own Layer 2 blockchain, “Pepe Chain,” enhancing transaction speed and reducing costs, outperforming Ethereum’s slower speeds and higher fees.
The project has quickly gained momentum, raising over $5.3 million during its initial coin offering (ICO). This success stems from promises of faster, cheaper, and safer transactions along with attractive staking rewards.
The tokenomics strategy allocates 30% for staking rewards and 20% for presale and marketing, ensuring liquidity and covering project expenses.
The Meme Games ($MGMES) Leverages the 2024 Paris Olympics Hype and Brings Multiple Sports P2E Games
The Meme Games ($MGMES) token brings meme coin excitement with a 2024 Olympics theme, allowing participants to choose avatars from popular meme coins like Dogecoin and Pepe.
Investors can buy tokens during presales, select an athlete, and compete in events like the 169m dash to earn additional tokens.
During the presale, tokens are sold at $0.009 each, with a 25% purchase bonus, allowing a $90 investment to yield 10,000 $MGMES tokens. This coincides with the Paris Olympics, positioning participants for potential gains when $MGMES lists on decentralized exchanges on September 10th.
The project has already raised over $250,000 in a few days, with analysts predicting further growth if the hype continues.
WienerAI ($WAI) Is Creating the Market’s Most Advanced AI-Powered Trading Robot for Investment Insights
WienerAI ($WAI) is a new ICO cryptocurrency that leverages AI technology and meme coin culture.
It operates on the Ethereum blockchain as an ERC-20 token and aims to transform crypto trading using advanced AI technology, offering users predictive trading capabilities to identify market opportunities.
With a unique mascot blending a wiener dog, AI, and sausages, WienerAI has cultivated a dedicated community known as the “Sausage Army.”
The tokenomics include a total supply of 69 billion $WAI, allocated for presale, staking rewards, community rewards, and liquidity on decentralized and centralized exchanges.
WienerAI leverages the growing intersection of AI and crypto, promising both functional benefits and strong community engagement. So far, it has raised over $7M in its ICO.
PlayDoge ($PLAY) Brings Back 90s Nostalgia with a Tamagotchi-Style Virtual Pet Game
PlayDoge ($PLAY) is a new token for a mobile P2E game that brings the nostalgia of 90s Tamagotchi with the modern Doge meme.
Players care for virtual pets in a 2D 8-bit world, earning $PLAY tokens by feeding, entertaining, and treating their pets, and participating in mini-games.
Launched in May 2024, PlayDoge raised over $5.8 million during its presale. The $PLAY token acts as the main in-game currency, facilitating transactions and providing an earning mechanism for successful players.
The developers plan to release additional games within the PlayDoge app, expanding earning opportunities.
Shiba Shootout ($SHIBASHOOT) Could be the Next Doge Meme ICO to Explode Due to Amazing Western-Themed Features
Shiba Shootout ($SHIBASHOOT) is a Wild West-themed cryptocurrency gaining popularity in the meme coin market. Launched as an ERC-20 token, it’s currently in its presale phase, raising nearly $800,000.
It features a unique “Cactus Staking” mechanism, offering an impressive 1,261% APY, gamifying the investment process with a digital cactus representing growing rewards.
In addition to staking, Shiba Shootout includes community-centric features like Posse Rewards for inviting friends, Campfire Stories for sharing and voting on crypto stories, and Token Governance Roundups for voting on project decisions.
The roadmap, divided into three phases, includes growth and listings, community partnerships, and the launch of $SHOOTOUT merchandise and a crypto education academy.
The Takeaway
Ripple is going through a rough patch, with many analysts predicting a new crash for one of the leading altcoins.
For those of you looking to make profits, better options are Pepe Unchained ($PEPU), The Meme Games ($MGMES), WienerAI ($WAI), PlayDoge ($PLAY), and Shiba Shootout ($SHIBASHOOT).
These new ICOs could bring up to 100x profits – but you have to get in early, before the prices explode!