Best Ethereum tokens to buy now for 100x gains following ETH ETFs While Ethereum itself grew by 85%, these newer tokens saw higher returns, driven by unique features and strong community engagement. Staking rewards and presales have contributed to their rapid growth, attracting significant investor interest
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These crypto altcoins range from meme coins to DeFi tokens and play-to-earn cryptos.
Ethereum has largely saturated. Even if ETH takes advantage of the optimism surrounding ETH ETFs, the returns wouldn’t amount to a lot. New Ethereum tokens, on the other hand, stand to gain a lot.
ETH managed to grow only 85% this year, while Pepe jumped over 800%.
That substantiates the buying frenzy around new altcoins like The Meme Games, Pepe, PlayDoge, and Shiba Shootout.
The Meme Games ($MGMES) – The ‘Olympic’ coin on Ethereum
The Meme Games is a brand-new meme coin that combines the thrill of crypto and sports.It is widely known as the Olympics meme coin of 2024.
This is not the first time a meme coin has tapped into popular trends. The Meme Games turns the excitement of the Paris Olympics 2024 into a gamified meme coin competition.
Five top meme coins—Dogecoin, Pepe, Dogwifhat, Brett, and Turbo—compete against each other in this 169-metre sprint.
Spotlight WireBut what’s the investor’s role in this?The investor can back any of the meme coins listed above and stand a chance to win a token multiplier.
For example, an investor buys 1000 $MGMES tokens in the ongoing presale. After completing the purchase, they are asked to pick a meme coin that they believe will win the Meme Games race.
They pick Pepe. As they predicted, Pepe comes out as the winner of the race.
Now they get 250 tokens as rewards for the correct prediction.
Since the blockchain selects the winner, The Meme Games offers a fair competition. There are no minimum purchase or participation limits. Investors can use the opportunity to multiply their holdings with each new purchase.
Along with the Paralympics, the presale will end on September 8, 2024.
The presale of the Ethereum altcoin is accompanied by a staking system with attractive APYs.
Buy $MGMES in the presale
Shiba Shootout ($SHIBASHOOT) – The next Shiba Inu?
Shiba Shootout is another meme coin sensation of this season.But it is not here to spend a few days in the limelight, never to be seen again.
At its core, Shiba Shootout is a video game that features the iconic Shiba Inu. The central character of the video game is Marshal Shiba, who has a team of sharpshooters behind him to conquer the crypto Wild West.
Spotlight WirePlayers engage in intense gunfights on the dusty streets of Shiba Gulch for attractive rewards.The project brilliantly combines video gaming with the meme coin culture.
More importantly, it breaks the mould with its proactive roadmap. For instance, the game is already available for download on both App Store and Google Play.
https://x.com/shibashootout/status/1816058397885677861
Shiba Shootout didn’t wait for the token launch to establish its credibility.
High staking rewards (currently at an impressive 1000+%) are another attractive highlight of the presale token. 20% of the total supply is dedicated to staking.
Shiba Shootout has more programs to grow its community, including Posse Rewards (a referral program), Campfire Stories, Governance Roundups, and Lucky Lasso Lotteries.
The fast progress of the $SHIBASHOOT presale demonstrates its viral success. Similar to Shiba Inu in 2020, $SHIBASHOOT is one of the best Ethereum tokens to buy now.
Can it be 100X like Shiba Inu? That remains to be seen.
Buy $SHIBASHOOT in the presale
PlayDoge ($PLAY) – This retro P2E game brings back Tamagotchis
Next is PlayDoge.It is also an altcoin with ingrained play-to-earn utility. $PLAY is the viral new crypto sensation, having secured around $6 million so far in its ongoing presale.
PlayDoge is trending for its nostalgic charm and creative gameplay. P2E Doge Companion Game is centred around virtual Doge pets, who need to be fed and taken care of.
PlayDoge’s resemblance with the beloved Tamagotchi craze of the 90s is intentional.
It is designed as a retro 8-bit universe full of mini-adventures. The more players tend to their Doge, the more $PLAY tokens they earn.
Spotlight WireThe nostalgia factor has helped PlayDoge amass attention from inside and outside the meme coin market. The presale buying frenzy is growing. It is expected to lead to a turbocharged DEX launch for $PLAY. A series of listings will follow the $PLAY launch.
While there is significant speculative meme coin hype around $PLAY, it is designed as a long-term meme coin. Once the PlayDoge app and mini-games are released, the token price is expected to go through the roof.
It will bring out the P2E utility front of the Ethereum token.
Investors who make early entry into PlayDoge through the presale get attractive price discounts. In addition, compelling staking rewards await them.
Crypto learning platform 99Bitcoins (700K+ subscribers) lists $PLAY as one of the top meme coins to buy now.
Buy $PLAY in the presale
Pepe – The hottest Ethereum token ever
Pepe is the hottest Ethereum coin this year. Arguably, its virality outstrips that of even Ethereum.Pepe had an unassuming launch last year. But soon the Pepe fire caught the whole crypto market and investors were rushing to buy the new frog token.
In a market full of dogs, Pepe was an anomaly. Pepe’s daring venture was welcomed with open arms.
Spotlight WirePepe all-time price action, source: CoinMarketCapThe spotlight turned to the new meme coin that takes inspiration from the popular ‘Pepe the Frog’ meme. Pepe started climbing the charts.Fast-forward to 2024, Pepe is the world’s third-largest meme coin. On the global crypto chart, it ranks twenty-first. Pepe has surged over 800% in a year.
True, Pepe is no longer young. With a gigantic market cap of $5 billion, Pepe is long past its prime. It is not a fertile landscape for new investors looking for multifold gains.
But Pepe is a well-established meme coin. Even if the returns from Pepe won’t be comparable to the potential 100X gains from new alternatives, it has more steam left.
For a better perspective, Pepe hit its all-time high this year in May. The Pepe price is around 30% down from the ATH. The next bull cycle is expected to reverse the losses for Pepe.
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This story originally appeared on: India Times - Author:Faqs of Insurances
