Are these top altcoins on Ethereum chain the next big cryptos? Key Ethereum altcoins, including Shiba Shootout, Meme Games, and WienerAI, have outperformed Ether, providing lucrative investment opportunities. These projects feature community-driven initiatives and high staking rewards, attracting significant investor interest and promising substantial returns
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The massive growth of the blockchain is rooted in its fertile ground for innovation.
Home to many decentralised applications, Ethereum expanded the scope of blockchain beyond cryptocurrencies. From decentralised finance (DeFi) to meme coins and non-fungible tokens NFTs, Ethereum applications are spread across niches.
They are the future of the crypto market. Like Ethereum’s native coin Ether (ETH), altcoins on this network are popular among investors.
Top altcoins are trending
Ethereum has surged 80% in a year to expand to over $400 billion market cap.However, many Ethereum altcoins have outperformed ETH.
A good example is the hot meme coin Pepe, which has surged over 700% in a year.
Spotlight WirePepe 1-year price history, CoinMarketCapLike Pepe, Shiba Inu continues to ignite hype. The biggest was in March 2024 amid the pre-halving rally.
Shiba Inu has registered more than 100% gains over the last 12 months.
Investors are on the lookout for more volatile Ethereum cryptos that can give a much-needed boost to their portfolios. Here are the top three Ethereum altcoins picks.
Shiba Shootout: Marshal Shiba ready for the ultimate meme coin showdown
Shiba Shootout ($SHIBASHOOT) is arguably the most important Ethereum altcoin of 2024.Virality and utility come together in this upcoming meme coin. The meme coin avatar projects its speculative potential. The P2E games and staking system will substantiate its long-term relevance.
This is a game that takes users to the Crypto Wild West. The high-stakes battles, known as Shiba Showdowns, will see duels of creativity and wit with a touch of cowboy charm.
Shiba Sharpshooters, the community of $SHIBASHOOT investors, can join Marshal Shiba in his quest for dominance.
They are responsible for taking the project to more users and investors. In exchange, they get attractive crypto rewards. The Shibashoot referral programme rewards users for bringing new members into the community.
Spotlight WireShiba Gulch is a digital town that is designed to become a hotspot for meme coins. It will host events like ‘campfire stories’ where meme coin investors and traders share crypto tales.
The voting sessions further make the community-centric aspect of the project evident.
Shiba Shootout has multiple partnerships and listings lined up.
If the $SHIBASHOOT launch aligns with the next bull cycle, it could lead to a wild meme coin pump. The trending Shiba Inu derivative has already begun making waves in the crypto world.
Shiba Shootout’s official Telegram channel has over 3,500 followers already, and it has only been a few days since the account launched. The traffic is growing by the day, sending the $SHIBASHOOT presale past $700K.
To catalyse the presale FOMO and mitigate early sell-offs, Shiba Shootout has launched a staking system. It will play a critical role in the sustained growth of the project.
Buy $SHIBASHOOT tokens in the presale
The Meme Games, the hottest crypto sports event of the year
Next on the list is the Meme Games ($MGMES).The project is hosting the hottest meme coin race of the year, as part of celebrating the Paris Olympics 2024.
As always, the meme coin market is ready to unlock a popular phenomenon. The Olympics fever has reached the market, and five iconic meme coins are preparing for a 169m sprint.
Dogecoin, Pepe, Dogwifhat, Brett, and Turbo will compete in the thrilling race to win a massive 25% presale token multiplier for their backers. The meme coins represent different countries in this gamified competition for added fun.
The presale games will run alongside the Olympics and Paralympics. It is set to wrap up on September 8, 2024.
Spotlight WireTo join the contest, investors need $MGMES tokens. After purchasing the tokens using ETH, BNB, and USDT, investors can select a fav meme athlete.
If the selected meme coin wins, the investor receives a 25% token bonus.
Meme coin winners are randomly chosen by the blockchain for fair gameplay.
Since there is no minimum purchase limit or entry limit, investors can boost their chances by buying $MGMES tokens multiple times.
Crypto staking is also a part of the gamified reward model.
Out of the total token supply of 2.024 billion, 38% is allocated for the presale, 9.3% for game winnings, and 10% for staking rewards. It underscores the community-centric aspect of the project.
https://x.com/MemeGames2024/status/1811406340952355185
The staking annual percentage yielf (APY) is irresistible in the early stage, at above 2500%. It will decline over time for sustainability.
The best way to secure a low presale price and high-stakes APY is to join the presale early.
Coinsult and Solidproof have completed security audits of the $MGMES smart contract.
Buy $MGMES tokens in the presale
WienerAI: Cybernetic meme coin with AI crypto powers
WienerAI (WAI) is yet another thrilling project built on Ethereum.WAI is a meme coin, as the viral posts on social media will show. But it is much more than that.
A majority of the high-cap meme coins feature a dog coin avatar. WienerAI is a cybernetic meme coin with advanced AI powers.
The meme coin doubles as a crypto trading bot that helps users make research-backed decisions on time.
The AI capabilities make trading technically accessible to investors of all levels and scales.
The trading bot springs into action when the user posts a question. It runs across the internet for relevant pieces of information and sums them up as intelligent insights.
It helps users make well-informed investment decisions.
The WienerAI presale has hit $7.5 million in funding, but it will continue till July 31. The presale price is $0.00073. After the presale sell-out, investors will have to buy $WAI on exchanges.
In a recent video, Crypto Boy (43K followers) reminded his viewers that this is the last chance to buy WAI at a discounted price.
The price is expected to take off multifold on the DEX launch, judging by the presale traffic and the community buzz.
The iconic combination of AI and meme coins sets apart WAI from the crowd of dog coins.
Buy $WAI tokens in the presale
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This story originally appeared on: India Times - Author:Faqs of Insurances