As the market evolves, investors look for new alternatives to ride the meme coin wave

The next Dogecoin? These cryptos could pump in 2024 Here are two popular meme coins that have investors attention this month

Dogecoin (DOGE) was created as a joke on the crypto market. But, the DOGE price has exploded 19,000% in its lifetime, according to CoinMarketCap’s data. Dogecoin is too saturated to give similar returns again.

Is it time to look for DOGE alternatives?
Dogecoin has gained 75% in a year. The performance pales in comparison to other popular meme coins. Pepe, Dogwifhat, Popcat, and BOME outstrip Dogecoin when it comes to annual returns.

Although Dogecoin’s popularity surged during the 2021 crypto boom, it has failed to maintain momentum over the last three years. Fierce competition has forced Doge to share the spotlight.

Meme coins are no longer a novelty. They’re everywhere, vying for attention and capital. Without any relevant use cases or integrations, Dogecoin’s appeal has been overshadowed by newer projects.
Investors seek new sensations to ride the meme coin wave. Here are three meme coins that could potentially be on your watchlists as we head into Q4.

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    1. Pepe Unchained
    Layer-2 solutions have contributed to making crypto coins accessible to a wider market. Avalanche and Optimism are some of the leaders in the layer-2 niche.

    Pepe Unchained ($PEPU) follows in their footsteps with a focus on improving the experience for meme coin investors. The project’s goal is to address common issues, including network congestion and high transaction fees that meme coin traders face in high-activity periods.

    By moving transactions off the primary Ethereum blockchain, it aims to make meme coin trading more efficient. Pepe Unchained has managed to generate significant interest since its presale announcement. The presale recently crossed the $13 million milestone.
    700_image3_9Spotlight Wire
    When it comes to the meme coin packaging and branding, Pepe Unchained draws on the cultural relevance of the Pepe character. The narrative describes Pepe breaking free from the shackles of layer-1 blockchains.

    PEPE Unchained means better speed, better rewards, and the same delicious Pepe flavour you've come to love,” claims the white paper. It underscores the project's mission to improve meme coin trading.

    Pepe Unchained’s focus on utility and improved user experience has won the attention of crypto influencers like Crypto Gains (130K subscribers).

    The Pepe Unchained presale is accompanied by a staking system that allows participants to earn passive income. The staking annual percentage yield (APY) is currently above 150%, with over a billion tokens locked in the protocol. Staking rewards will be credited to investors after the presale wraps up.

    Visit the Pepe Unchained ($PEPU) presale

    2. Memebet ($MEMEBET) – More than a thousand games and airdrop rewards
    Memebet is a new play-to-earn platform that offers a wide range of iGaming options.

    The platform is available for both web and Telegram users. The Telegram version offers a streamlined interface for mobile users. $MEMEBET, the native crypto of the platform, is now in the presale phase.

    Unlike traditional play-to-earn that requires lengthy sign-up processes, Memebet provides an anonymous gaming experience through its no-KYC (Know Your Customer) policy. One of the platform’s unique features is its Crypto Loot Boxes.

    Memebet Lootboxes will grant holders access to the most degen assortment of real-world prizes and loads of tangible freebies and bonuses. Look out for our Lootboxes launch, coming soon,” announces the website. Memebet is a regional sponsor of the Argentina national football team.

    Out of the total $MEMEBET supply, 70% is allocated for the presale, 20% is reserved for rewards, and 10% is set aside for exchange liquidity.

    Memebet has introduced a presale airdrop for degens. A total of 400 million tokens are allocated for bonus airdrops. The first season of the airdrop is dedicated to early backers who join the Memebet ecosystem.

    To qualify, participants should join the platform using $MEMEBET before the presale sells out. The airdrop rewards will vary depending on the amount spent.

    Visit the Memebet ($MEMEBET) presale

    3. Crypto All-Stars
    Meme coins often struggle with maintaining long-term relevance due to their constrained utility. This is what Crypto All-Stars ($STARS) aims to change.

    MemeVault, the flagship product from Crypto All-Stars, introduces a multichain, multi-token staking platform. It extends the functionality of popular meme coins by giving a passive income opportunity to holders.

    The staking protocol will support 11 coins in the beginning and expand to accommodate more meme coins over time. Unifying the staking process allows meme coin holders to put their tokens to work during the holding period.

    $STARS maximises the potential rewards of stakers, with higher rewards for those who hold the native token. While $STARS staking has already started in the presale phase, MemeVault’s launch is scheduled after the presale and the token launch.
    700_image2_9Spotlight Wire
    Due to its hassle-free passive income module, Crypto All-Stars is a top altcoin to watch in the meme coin space this month.

    https://x.com/all_stars_coin/status/1834013999194931450

    For the latest updates about the presale and token launch, join the Crypto All-Stars community on X (formerly Twitter).

    Visit the Crypto Al-Stars ($STARS) presale

    Name: Pepe Unchained
    Email: [email protected]

    Disclaimer:
    Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
    Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.

    This story originally appeared on: India Times - Author:Faqs of Insurances