Despite the fluctuating prices in the crypto market, alternative tokens are cropping up that are generating enormous gains for investors.
The Made in China and Xi Jinpooh tokens are two tokens surging among the Chinese community.
Experts believe that the strong performance of Asian meme tokens may reflect an upcoming shift in China’s policy towards crypto.
Meanwhile, the Wall Street Memes token is getting strong global support as it is on the verge of hitting the $5 million mark. Let’s take a look at what’s behind the rise of Asian meme coins and what other tokens could be set to pump next.
What you'll learn 👉
$CHINA, Xi Jinpooh Skyrocket – Can China Kick Start The Next Crypto Bull Run?
Chinese meme tokens are surging, clearly highlighting the high demand for crypto and Web3 in China. The Made in China token ($CHINA) is receiving enormous interest from the global crypto community. The token has already surpassed a total market capitalization of $50k and is close to 1000 holders.
The project celebrates the universality of the “Made in China” products. The project describes itself using a Chinese quote, “God created the world, everything else was created in China”.
Similarly, the Xi Jinpooh token is creating a strong buzz in the crypto market. The project has been created as a satire on the Chinese President Xi Jinping. It also serves to lobby against China’s decision to ban cryptocurrencies in 2021.
Dissidents of China’s president often make fun of his likeness to the fictional cartoon character Winnie the Pooh. Experts believe that Xi Jinping is extremely sensitive to this comparison and has banned several films and other artwork related to the beloved character. This did not stop the developers of the $JINPOOH token.
The token has surged over 100% in the last 24 hours and has already surpassed the $800k total market capitalization. Furthermore, the token has earned a perfect reliability and confidence score from Dextools and is among one of its top trending tokens.
China has had a tricky relationship with the crypto ecosystem. After banning crypto trading in 2021, it has often flirted with the idea of incorporating Web 3.0 technology in its infrastructure. Nevertheless, crypto investing remains sidelined.
However, experts are pointing out that there may be a shift in China’s attitude towards the market. Recently, Hong Kong legalised crypto trading on a set number of crypto exchanges.
Binance founder Changpeng “CZ” Zhou also believes that the cultural stance towards the industry is shifting. He reveals that China could very well kickstart the next crypto bull run.
Wall Street Memes Flexes Global Community as Token Set to Hit $5 Million
While Chinese altcoins may be providing volatility, no meme coin has shown a more consistent performance recently than the Wall Street Memes token. Backed by an incredible brand value and a million-strong global army, the $WSM token has raised close to $5 million in less than two weeks.
The Wall Street Memes group gained global fame when they inspired the historic GameStop short squeeze in 2021. They have also built a loyal customer base in the crypto space. The group sold out its Wall St Bulls NFT collection in 32 minutes, netting over $2.5 million. They recently announced the launch of a new Bitcoin Ordinals NFT collection. Elon Musk has even interacted with the project on Twitter.
The $WSM project is looking to tokenize this audacious movement of an army of small traders disrupting the traditional financial landscape. To boost user adoption, the entire $WSM supply is available to the community with no cuts for any private sale. 30% of the total supply available will be distributed amongst community members in the form of cool rewards.
With tokens such as Doge and Pepe disappointing investors, $WSM is quickly becoming the hottest buy in the crypto market. The token is also highly likely to secure Tier-1 exchange listings which can result in bullish price growth.
Investors can take advantage of early presale prices and acquire the token by swapping ETH or USDT. Alternatively, they can purchase $WSM through bank cards.
Visit Wall Street Memes Presale
AiDoge To Launch Soon After Successful Presale Raises $15 Million – 10x Incoming?
The recent sluggishness by top meme coins Doge and Shiba Inu highlights the limitations of no-utility meme tokens. Investors are now looking for meme coins that can also bank on their real-world utility to outperform a bear market. AiDoge, which combines the power of artificial intelligence with meme coins, has sold out its presale in record time.
The token raised $14.9 million in just a few weeks, a remarkable performance considering the prevalent bearishness. The project has recently announced that the token smart contract has been deployed and it will launch on exchanges on the 19th of June. Thus, investors have one last chance to purchase the token at the cheap launch price of $0.0000336.
The $AI token powers the cutting-edge meme generation platform AiDoge. The platform utilises advanced artificial intelligence algorithms to create engaging and entertaining memes. The project seeks to help crypto companies reach out to several key demographics such as young crypto traders with the help of humour and memes.
Do you think that your meme-making ability surpasses others? You can post your AiDoge-generated memes on the platform’s public wall. Users can vote on individual memes with the winner earning cool $AI rewards. Investors can also earn a lucrative APY from staking the token.
The token is also popular among investors that are wary of scams and rug pulls. It uses top security tools such as Fireblocks to ensure secure asset management. The token smart contract has also been audited by Certik to root out any vulnerability.
Investors can purchase the token through bank cards or by swapping ETH, BNB or USDT tokens.
