Bitcoin is no longer steadily holding the $60,000 mark, with its price dipping even below $55,000 shortly last week, before retracing back to $57,000.
While many thought that the Ethereum ETF approval would bring back the green sentiment in the market, it looks like we’ll have to wait a bit more until the leading altcoins start recovering.
But that doesn’t mean there are no opportunities to make a profit right now.
In fact, smaller cryptos like Pepe Unchained ($PEPU), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ) are showing much bigger potential for profits.
Let’s check out all the details.
>>>Buy the Best Crypto Presale Now<<<
What you'll learn 👉
Bitcoin Hits Summer Low with $57,000 – Could These Smaller Cryptos Help Re-Capture Profits?
After shortly dipping to $53,000 earlier last week, Bitcoin managed to break the $55,000 resistance and is now holding the $57,000 mark. For now, its primary goal is to maintain the $55k psychological resistance.
This Bitcoin price drop follows significant movements by the German government and Mt. Gox.
On July 4th, a government-linked crypto wallet transferred 1,300 BTC to Coinbase, Kraken, and Bitstamp, according to PeckShieldAlert.
This is part of over 3,000 BTC moved to various exchanges in the past two weeks, suggesting a planned sell-off. These funds, nearly 50,000 BTC since February 2024, are believed to be from the seized Movie2k assets. This has heightened selling pressure, causing BTC to drop by about 15%.
Adding to the pressure, Mt. Gox is moving closer to repaying its creditors with over 140,000 BTC, worth around $8.5 billion.
Arkham Intelligence reports minor transfers from Mt. Gox wallets, potentially tests for upcoming repayments. These transactions, including one to Bitbank, signal preparations for repaying 127,000 creditors in July. The long-awaited repayments have sparked fears of increased sell-offs, pushing BTC prices down further.
Right now, much better options for profits are Pepe Unchained ($PEPU), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).
>>>Buy the Best Crypto Presale Now<<<
Pepe Unchained ($PEPU) – Layer-2 Blockchain Meme Coin that Solves $PEPE Scalability Problems
Pepe Unchained ($PEPU) is an innovative meme coin built on a Layer 2 blockchain, specifically designed to address the common issues of high transaction fees and slow processing speeds on the Ethereum network.
This project leverages the viral appeal of the Pepe meme while providing practical utility, making it a unique player in the meme coin market. The $PEPU token powers an ecosystem that includes staking, trading, and interactions on the Pepe Chain, boasting significantly lower gas fees and faster transaction speeds.
The project has seen substantial early success, raising over $2.7 million in its presale phase. With plans to offer staking rewards as an added feature to provide users with passive rewards.
WienerAI ($WAI) – Powered with Artificial Intelligence to Provide Robust Market and Trading Insights
WienerAI ($WAI) is a presale cryptocurrency that combines the quirky appeal of a wiener dog, artificial intelligence, and the universal love for sausages into a unique meme coin.
This project differentiates itself from other dog-themed meme coins like Dogecoin and Shiba Inu by introducing a humorous yet technologically advanced concept that aims to blend AI companionship with the fun of meme culture.
The $WAI token operates on the Ethereum blockchain as an ERC-20 token. It is currently in the presale phase, offering 30% of its total 69 billion tokens to early investors. The token distribution strategy also includes 20% for staking rewards, 20% for community rewards, 10% for marketing, and another 10% for ensuring liquidity on both centralized and decentralized exchanges.
AI aspect of WienerAI allows it to continually improve its capabilities, such as memory expansion and knowledge refinement.
PlayDoge ($PLAY) – Best P2E Mobile Game in the Market with Virtual Pets and Staking Protocols
PlayDoge ($PLAY) is changing the P2E space by merging the nostalgia of the iconic Doge meme with the classic Tamagotchi virtual pet concept.
This mobile-based game invites players to care for their digital pet, PlayDoge, by feeding, entertaining, and maintaining its health. The game’s pixelated graphics bring a retro feel, while modern blockchain technology enables users to earn $PLAY tokens through gameplay and pet care.
Players can immerse themselves in various mini-games, similar to 8-bit arcade adventures, and compete in leaderboards to earn additional rewards. The $PLAY token serves as the in-game currency, allowing transactions and access to special features.
So far, PlayDoge has raised a remarkable $5.4 in its presale.
Shiba Shootout ($SHIBASHOOT) – Western Theme Meme ICO with a Variety of Unique Features and Different Rewards
Shiba Shootout ($SHIBASHOOT) offers a captivating blend of Wild West adventure and cryptocurrency in a play-to-earn (P2E) format.
Players play the game as Shiba Inu cowboys, engaging in high-stakes shootouts and strategic maneuvers to earn $SHIBASHOOT tokens.
The game’s distinctive features include the Lucky Lasso Lottery, which provides regular prize distributions, and Token Governance Roundups, allowing token holders to influence project decisions through voting. Cactus Staking enables users to stake their tokens for increasing returns, while Savings Saddlebags offer a share of the platform’s earnings to token holders.
The $SHIBASHOOT presale is moving quickly, with nearly $600,000 raised in just days.
Base Dawgz ($DAWGZ) – Exciting Meme ICO with Multi-Chain Approach and Advanced Blockchain Operability
Base Dawgz ($DAWGZ) is a new and innovative multi-chain meme coin that has quickly gained attention when it launched on the Base Layer-2 blockchain.
It aims to leverage the growing popularity of meme coins while offering practical utility and cross-chain functionality. This means $DAWGZ can operate seamlessly across several major blockchains, including Ethereum, Solana, BNB Chain, and Avalanche.
The project features a unique “Share-to-Earn” concept, where community members can earn $DAWGZ tokens by sharing content and engaging on social media.
The presale of $DAWGZ has been highly successful, raising over $1 million in a short period. The tokenomics of Base Dawgz allocate 15% of the total supply to provide liquidity for exchanges, ensuring stability and minimizing price slippage when the token is listed.
Conclusion
Bitcoin’s drop continues, as the leading cryptocurrency drops to $57,000 without many indications of when it could retrace back to more stable baselines.
But luckily, investors can still make a profit with these new presale meme coins – Pepe Unchained ($PEPU), WienerAI ($WAI), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).
These tokens are all showing signs of potential growth with their unique features and strong communities. If you want to be a part of these projects, now is the perfect time to get in early!
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.
