The financial world took a major hit this Monday, with traditional markets experiencing one of the most significant crashes in recent memory.
The ripple effects quickly spread to the crypto sphere, leaving no digital asset untouched.
Bitcoin saw the biggest dump, dropping from $65K to just $49,000 on 5th of August.
Other major players weren’t spared either.
Ethereum, the second-largest cryptocurrency by market cap, saw its value nosedive by over 24%. Solana and XRP also took substantial hits, tumbling by approximately 17% and 20%.
This left investors with huge losses, and they’re now looking for alternative ways to recover from this crash.
Most of them found solace in the crypto presale market, which wasn’t affected by the global events that led to this chaos.
What you'll learn 👉
What Caused the Finance World Crash?
The financial world has been rocked by a massive downturn recently. Two days ago, we saw the stock markets take a nosedive, shedding a staggering $2.9 trillion in value. This was the most severe trading day since the COVID-19 crash back in 2020.
But it’s not just traditional markets feeling the heat. The cryptocurrency sphere has also been hit hard.
If you’ve been keeping an eye on your crypto portfolio, you’ve likely noticed some alarming changes.
Bitcoin, the flagship cryptocurrency, has seen its value plummet by nearly 14%, while Ethereum has taken an even bigger hit with a 24% drop.
To put this into perspective, let’s look at the Fear & Greed Index. This indicator, which was comfortably sitting in the green zone around 70 not long ago, has plunged to 26 on August 2nd.
But here’s where things get interesting. Despite these challenging circumstances, some investors are eyeing potential opportunities in new presale coins that are nearing their listing dates.
Five coins, in particular, are generating hype: Pepe Unchained ($PEPU), Base Dawgz ($DAWGZ), PlayDoge ($PLAY), The Meme Games ($MGMES), and Shiba Shootout ($SHIBASHOOT).
These new players to the market are attracting attention as possible ways for savvy investors to make up for the losses and even make a profit in these turbulent times.
Pepe Unchained ($PEPU) – Layer-2 Meme Coin with Strong Community Behind it
The project that we’re about to present could become one of the biggest meme coins, especially now when household meme coins struggle for dominance.
Pepe Unchained ($PEPU), launched its presale a month ago, and it already raised over substantial funding from investors
If you remember the original Pepe coin that took the market by storm last year, you’ll understand why there’s so much excitement around this new project.
But Pepe Unchained isn’t just another meme coin – it’s aiming to completely change how we handle crypto transactions.
Here’s what makes Pepe Unchained stand out: it’s a Layer-2 solution. Now, you might be wondering, “What does that mean for me?”
Well, if you’ve ever felt frustrated by slow transaction speeds or high fees on networks like Ethereum, Pepe Unchained could be the answer you’ve been looking for. It’s designed to tackle those scalability issues head-on, promising faster and more streamlined transactions.
But don’t just take our word for it – the crypto community is already showing its support in a big way. In its ongoing presale, Pepe Unchained has already raised an impressive $7.4 million. That’s a clear sign that investors see potential in this project.
Base Dawgz ($DAWGZ) – The Multi-Chain Marvel Raising Millions
Let us introduce you to Base Dawgz ($DAWGZ) – a newcomer that’s introducing multi-chain capabilities to meme coins.
This project is built on the Base blockchain and is taking full advantage of multichain capabilities. In simpler terms, it’s not putting all its eggs in one basket – and that could be great news for you as an investor.
Imagine being able to move your tokens across Ethereum, Solana, BNB Smart Chain, and Avalanche with ease. That’s exactly what Base Dawgz is offering.
But wait, there’s more! The $DAWGZ token isn’t just sitting pretty in your wallet. It’s designed to be an active player in its ecosystem. From processing transactions to boosting community engagement, this token has multiple roles.
Love sharing crypto content on social media? With Base Dawgz, you could earn points for spreading the word, which you can then exchange for more tokens.
Now, here’s something that might really pique your interest. The Base Dawgz presale has already raised a whopping $2.8 million – and it shows no signs of slowing down. This kind of traction in a presale often hints at big things to come once the token hits the open market.
PlayDoge ($PLAY) – P2E Project Backed by Crypto Educators
Remember Tamagotchi? PlayDoge ($PLAY) is bringing it back with a twist. This new mobile game lets you care for virtual pets while earning crypto rewards. Feed your pet, play mini-games, and climb leaderboards to earn $PLAY tokens.
The nostalgia factor is real – PlayDoge’s presale has already hit $5.9 million. It’s aiming to make a big splash in the Play-to-Earn sector, combining 90s gaming nostalgia with modern crypto opportunities.
Popular crypto YouTube channel, 99Bitcoins, is hyping it up, even suggesting potential 100x gains post-listing.
Shiba Shootout ($SHIBASHOOT) – Wild West P2E Crypto Gaming
Meet Shiba Shootout ($SHIBASHOOT) – the new coin blending meme fun with play-to-earn action. Set in a digital Wild West, you’ll be duelling for tokens in this innovative game.
Already raising $884,000 in presale, Shiba Shootout stands out with its “Cactus Staking” feature.
The game’s live on Google Play and Apple App Store, getting thumbs up for its simple, engaging gameplay. With plans for major exchange listings and new features, Shiba Shootout’s aiming high.
Whether you’re a crypto cowboy or a gaming greenhorn, this unique blend of fun and potential profit might be worth a shot.
The Meme Games ($MGMES) – Official 2024 Olympic Games Meme Coin
Get ready for a wild ride where your favorite memes compete for gold in the digital arena. Say hello to The Meme Games ($MGMES), a new crypto project that’s capitalizing on the buzz around the 2024 Paris Olympics while bringing you some seriously fun play-to-earn action.
Picture this: Doge sprinting down a track, or Pepe serving up aces on the tennis court. That’s the kind of wacky entertainment you can expect from the ‘Meme Olympics’, the flagship game of this project.
You get to pick your meme champion and guide them through various Olympic events.
But here’s where it gets really interesting for you crypto lovers. The Meme Games’ presale has been on fire, raking in almost $350,000 since launch.
And if you’re thinking of jumping in, listen to this – presale participants can boost their token stash by up to 25% just by winning Olympic events in the game. Talk about a win-win!
The Conclusion
While the recent crypto selloff seems to have eased up, with major cryptocurrencies showing some recovery since the beginning of the month, a cloud of uncertainty still hangs over the market.
In the meanwhile, presales that we presented today are not only weathering through the dip, but also breaking new milestones in their presales.
This resilience in the face of market volatility is catching the eye of savvy investors. Could these presale gems be the key to bouncing back from recent losses? Happy trading!
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
