After a 19% climb over the last thirty days, the Dogecoin pump has come to an end. In fact, the meme coin lost 2.87% value on Tuesday. The decline will be steeper in the next few days, as fear overtakes the market.
It will be another few weeks before the meme coin regains energy.
But there are other meme coins that provide excellent investment opportunities. In this article, we have listed three that have large upside potential in August 2023.
What you'll learn 👉
1. XRP20 – The Next Evolution of XRP
Ever thought what it would be like had you bought XRP at its all-time low of $0.0028?
Here is an equally good opportunity to not miss out on now – XRP20.
XRP20 is not exactly a meme coin. It doesn’t have any affiliation with XRP. But if you’re looking for the next cryptocurrency ready to explode, XRP20 checks all the boxes.
Despite being launched just a few hours back, the social momentum around the project is growing. As word gets around, XRP20 is predicted to dominate Twitter and Telegram in the coming days.
The project’s goal is simple. It aims to rekindle the passion of the XRP Army with a new ERC-20 token that brings staking utility.
Interestingly, no retail investor had the chance to enter XRP during any ICO back in 2012 when the company was formed. XRP20 not only gives you the chance to enter an XRP-like rally at a rate 30 times cheaper, but also earn passive rewards along the way.
If you’re wondering, no, XRP20 is not a security. So, it is a safe investment, touted as the second coming of XRP.
The biggest strength of XRP20 is its marketing campaigns. The marketing team has a history of launching projects that have rewarded early investors with generous ROIs in four digits this year.
Here are some of the key highlights of the project:
- The original XRP has little utility for retail investors. It was designed keeping legacy financial institutions in mind. But XRP20 has retail utilities powered by on-chain staking. XRP20 holders are encouraged to stake their tokens to earn passive income. Since the supply in the open market is substantially reduced through this strategy, the value of XRP20 will gain over time without crippling the internal economy.
- The XRP20 tokenomics bears similarities to the original XRP. The key difference is that it gives everybody the chance to purchase XRP20 at a super-low price and stake their tokens to earn passive income.
- As a deflationary token, XRP20 goes through a buy-and-burn mechanism that sends 0.1% of every buy and sell to a burn address. The system also reduces the supply over time, increasing scarcity.
|DEX Liquidity (10%)||10,000,000,000|
|Burn Allocation (10%)||10,000,000,000|
XRP20 has the potential to surge anywhere from 80X to 100X in a month as the FOMO builds up in the coming days. One of the key factors that set apart the project from other meme coins is its long-term relevance through staking. It is an excellent short-term and long-term investment this month.
2. Wall Street Memes (WSM) – $19M Raised and Counting
After Worldcoin and Pepe, one of the most celebrated crypto projects this year is Wall Street Memes. Although the meme coin lacks big names like Sam Altman or Matt Furie, it boasts a substantial following on social media and has managed to take the spotlight within days of going live.
Unlike most meme coin projects that spring up overnight based on fleeting internet trends or tweets, Wall Street Memes has been steadily building its community since 2019. Not as a meme coin community, but a meme community with a global foothold. The hilarious and often thought-provoking memes posted on the project resonate with investors and traders across various sectors.
The community’s wide range of followers includes business leaders like Elon Musk.
Wall Street Memes openly acknowledges its speculative nature, sparing it from the burden of proving its use or purpose, unlike utility projects or even meme coins with a utility spin.
Industry analysts predict Wall Street Memes to ride a 15-25X surge during its initial week, depending on the broader market conditions. However, as momentum grows and whales amass the meme coin, the coin could bring generous returns amounting anywhere from 70-80X for early investors.
The rapid sellout of Wall Street Memes’ initial NFT collection titled “Wall St. Bulls” within half an hour indicates its explosive potential.
Leading crypto publications recommend WSM as one of the most promising cryptocurrency projects, with the potential to enter the unicorn list this year. By the looks of it, WSM can outperform Pepe and become the top meme coin of 2023 within two weeks of its launch.
However, challenging Dogecoin and Shiba Inu seems too ambitious in 2023. But in terms of ROI, WSM is still a staggeringly better buy this year.
The presale has raised $19M out of its targeted $30M at the time of writing.
3. Chimpzee (CHMPZ) – Meme Coin for Wildlife Conservation and Passive Income
We have seen plenty of useless meme coins this year. They’re extremely volatile, yes. But if you’re looking for a meme coin that is not solely reliant on its speculative value and is thus less prone to the ups and downs of the market, CHMPZ is a good investment now.
It is a utility meme coin. What exactly does that mean? Well, Chimpzee combines the meme coin hype with a green mission to boost wildlife conservation initiatives. In other words, the ecosystem empowers you to make a positive impact on the environment and save animals while earning income.
For example, these are just some of the milestones that the project has managed to accomplish even before its token launch.
- Chimpzee has been working together with One Tree Planted to plant 1200 trees in the Acre region of Brazil to help restore the Brazilian rainforest.
- On reaching a presale goal, Chimpanzee donated $15,000 through theGivingBlock to WILD Foundation. It is dedicated to protecting one of the last herds of desert-adapted elephants in the world.
- Chimpzee has donated $20,000 to One Tree Planted as part of planting 20,000 trees and restoring rainforests on the Southwest Coast of Guatemala.
The revolutionary new project believes that the massive hype around meme coins can help draw attention to the importance of wildlife conservation and make a tangible change. It makes this possible through an extensive reward system that works on three pillars.
- Chimpzee Shop – Shop-to-Earn
- NFT Marketplace – Trade-to-Earn
- Zero Tolerance Game – Play-to-Earn
Anyone can use these three ways to make a positive impact on the lives of wildlife species. But if you want to boost your earning potential within the ecosystem, you need to get the Chimpzee NFT passports. They act as the VIP passports to the ecosystem and give holders the highest rates of reward potential.
The 4 NFT Passports are Diamond, Gold, Silver and Bronze. To enter the whitelist for these four NFT collections, the ongoing CHMPZ presale is the only gateway. CHMPZ is the native crypto of the platform, which is distributed as a reward.
🚀🎁Exciting news from #Chimpzee! Our #Airdrop system is here!💰💫— Official Chimpzee Project (@RealChimpzee) July 29, 2023
Tokens decrease as the #Presale progresses🎁
🎉Claim your tokens, and after presale ends receive these extra $CHMPZ as an airdrop to your wallet!📩💎
Don't miss out on extra CHMPZ!🚀🌐https://t.co/Geog3EVuMC pic.twitter.com/aaKzI2d5dF
Here are some of the highlights of the collections:
- Stake your NFT and earn up to 20% APY.
- Earn CHMPZ tokens when you buy Chimpzee merchandise.
- Get a larger share of the NFT Marketplace trading fee profits pool.
- Step up your performance in Zero Tolerance Game and earn more CHMPZ coins.
- Buy the Diamond and Gold series NFTs early for the best rewards and benefits.
- CHMPZ tokens used to buy the NFT Passport are burned.
Disclaimer: We advise readers to do their own 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 cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com