The crypto market is in turmoil again, recording a 4.42% dip on the daily chart. The global crypto market cap is down to $2.47T.
Popular cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and Pepe have fallen prey to the bears. To reduce exposure to the market downturn and book profits in the next bull run, investors are moving to new projects like Dogecoin20, Green Bitcoin, and eTukTuk.
Being in their presale stage, these projects not only maintain immunity to the current dip, but they also offer large growth potential.
Boom!!! 💥
— Dogecoin20 (@DOGE_COIN20) March 18, 2024
Another milestone in the bag for #DOGE20! 🎉🐶
We have just raised over $2,000,000! 💰
The excitement never ends with #Dogecoin20, stay tuned for more! 🚀#Memecoins #Altcoins #Crypto #Web3 pic.twitter.com/28AWvdtrGZ
What you'll learn 👉
Pepe Investors Find Rescue in Low-cap Meme Coins
Pepe has lost 26.84% value over the last seven days, despite its massive climb in February and early March.
As of now, Pepe is down to a $2.6B market cap. But the price correction likely has more in store. Due to its meteoric pump, the meme coin is predicted to shed more of its market cap over the next few weeks.
Pepe 1-month price action, CoinMarketCap
Competitors like Bonk, Dogwifhat, Shiba Inu, and Floki Inu are also in similar plights, registering huge losses for investors.
For example, Bonk has lost 20.11% on the 24-hour chart and 31% on the weekly chart. Dogwifhat, on the other hand, went on to buck the trend before giving in to the crash. In the last 24 hours alone, the project has lost 24%. WIF’s collapse is predicted to be more steep over the next few days due to its recent surge.
$2.5M in 5 Days – Dogecoin20 Presale is Trending
Dogecoin20 (DOGE20) is a new meme coin that is cited as the ultimate upgrade to Dogecoin. The passive income properties of the new ‘Dog coin’ have added to its growing popularity.
DOGE20 is designed to look similar to Dogecoin, but it maintains a strong competitive edge against its predecessor. To begin with, Dogecoin20 uses Ethereum smart contracts, offering an efficient alternative. DOGE20’s foundation on Ethereum eliminates the need for complex wallet setups or concerns about token custody. ERC20 tokens, being simple to use, are more accessible.
The low initial market cap of the new token, on the other hand, appeals to new investors who arrived late to the DOGE rally. Interestingly, they make up a significant portion of the market.
While Dogecoin enjoys a historical status as the first and largest meme coin, there is little in it for new investors. While traders can take advantage of the token’s fluctuations, it’s a risky asset for long-term investors. Dogecoin’s growth potential heavily relies on speculation.
Dogecoin Has Lost 81.79% Since 2021, But Dogecoin20 is More Immune to Downturns
Dogecoin’s infinite supply model also presents a challenge, which has led to sharp price downturns over time. In fact, Dogecoin has lost 81.79% of its value since May 2021. That should be an eye-opener, but most investors overlook this aspect.
To tackle this issue, DOGE20 implements a fixed supply model. The initial market cap of DOGE20 is nearly 900 times lower than that of Dogecoin. The accessible entry point leaves a large room for growth and expansion.
A Structured Approach to Price Action
A structured approach allows DOGE20 to generate upward pressure on its token price. It protects the token against adverse market conditions like the current bearish trends.
The DOGE20 staking smart contract is designed to exhaust the reward pool over a two-year period. The time-bound approach allows early investors to benefit from the token with high APYs. The FOMO-driven launch and subsequent surge in value will further boost their reward potential.
The presale also prioritizes early investors by offering higher discounts. With each new presale stage, the price undergoes a small increase.
In the current presale stage, staking rewards can reach as high as 312%. So far, the token has raised $2.6M. DOGE20 will launch on Uniswap in the first stage.
Green Bitcoin Presale Crosses $6M, While eTukTuk Raises $2M
Two other popular presales of 2024 are Green Bitcoin ($GBTC) and eTukTuk ($TUK).
Green Bitcoin is based on a prediction market staking system that is tied to Bitcoin’s price action. The growing traffic to the Green Bitcoin presale hints at an explosive launch. While Green Bitcoin generates speculative interest from its Bitcoin tag, eTukTuk focuses on building a blockchain-based EV ecosystem that solves the real-world climate challenge.
The eTukTuk EV ecosystem is dedicated to developing countries like India, Sri Lanka, and South Africa. eTukTuk uplifts the earning potential of drivers by up to 400% with optimized AI and blockchain integrations. The eTukTuk ecosystem includes three-wheeler taxis, a peer-to-peer payment system, and a network of EV charging stations.
Both projects have enabled staking right from the presale stage. Being utility-based, Green Bitcoin and eTukTuk show high long-term resilience.
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.
