POPCAT and WIF lead memecoin rally. Here are the hot presales to watch Popcat reached an all-time high with notable gains, while Pepe Unchained develops a Layer-2 blockchain for memecoin traders. Flockerz introduces a vote-to-earn model, encouraging community participation
The crypto market is recovering after a sluggish start in October. A cautious sentiment is prevalent in the market–– except for memecoins. Top contenders like Dogwifhat, Popcat, and Pepe have defied the broader trend with double-digit gains.POPCAT and WIF record high gains
POPCAT and Dogwifhat (WIF) are the stars of this memecoin rally. Popcat recorded its all-time high on October 7, 2024, at $1.48.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
Spotlight WirePopcat all-time price action, source: CoinMarketCapThe token has pumped close to 180% on the monthly chart to explode to a market cap above $1 billion.
According to crypto influencer Andrew Kang, who boasts over 300,000 followers on Twitter, external factors have driven the price surge. Memecoin analyst Murad Mahmudov (@MustStopMurad)’s also had this to say at crypto event Token2049:
https://x.com/Rewkang/status/1842565172327809097
Strategy
Succession Planning Masterclass
By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
Artificial Intelligence(AI)
Tabnine AI Masterclass: Optimize Your Coding Efficiency
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
AI and Generative AI for Finance
By - Hariom Tatsat, Vice President- Quantitative Analytics at Barclays
Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
Finance
A2Z Of Finance: Finance Beginner Course
By - elearnmarkets, Financial Education by StockEdge
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator
Marketing
Digital Marketing Masterclass by Pam Moore
By - Pam Moore, Digital Transformation and Social Media Expert
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Master RESTful APIs with Python and Django REST Framework: Web API Development
By - Metla Sudha Sekhar, IT Specialist and Developer
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, IT Specialist and Developer
HR
Human Potential and the Future of Employment
By - Lynda Gratton, Prof. at London Business School, Speaker, Author, Global Thought Leader
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI : Unveiling Tomorrow's Innovations
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT
By - Metla Sudha Sekhar, IT Specialist and Developer
Kang notes that Murad has helped encourage the next wave of capital reallocation into memecoins. One beneficiary is Popcat, which is now in the price discovery phase.
POPCAT has been on a steady climb since late September. The rapid growth in early October signals a stronger bullish sentiment.
The resistance at $1.20 has already been broken. It could act as a new support level in the coming days if the buying interest maintains momentum. A key resistance in the journey ahead is $1.5. But if the memecoin fails to hold its ground, $1.00 will act as the default threshold.
Being in the price discovery zone, POPCAT’s immediate trajectory is uncertain. WIF is another top memecoin performer this season, jumping 70% on the monthly chart. It is currently the world’s fourth-largest memecoin, with a market cap above $2.5 billion.
Pepe Unchained presale hits $18 million
Another beneficiary of the capital flow into the memecoin market is Pepe Unchained. The project, now in the presale phase, just surpassed the $18 million milestone.At first glance, Pepe Unchained is another Pepe derivative. But it’s more than that.
The project is building a Layer-2 blockchain tailored for the memecoin market. It is setting out to solve some of the core issues plaguing memecoin traders on congested Layer-2 networks, like ridiculously slow transactions and heavy transaction fees.
Spotlight WireA focus on functionality and utility sets $PEPU apart from the crowd of new memecoins. Although there are hundreds of memecoins, they mostly rely on community engagement and playful themes for value creation. Large-scale innovation was assumed to be beyond their scope.Projects like Pepe Unchained are coming forward with bigger ambitions, combining the viral nature of the meme culture with the practical benefits of a utility token.
Similar to Layer-2 solutions like Polygon and Arbitrum, Pepe Unchained aims to boost scalability and efficiency in blockchain networks. But its focus is the memecoin market, which is notorious for volatile price swings. Here, delays in decision-making can lead to significant losses. The goal is to empower traders to react faster in fast-moving markets.
The mission has caught the attention of prominent crypto influencers and channels. For instance, the crypto educational channel 99Bitcoins describes Pepe Unchained as a potential Pepe alternative. 99Bitcoins has a community of over 700,000 subscribers on YouTube.
Pepe Unchained weaves a fun narrative of Pepe breaking free from the shackles of Layer-1 technology. The quirky storyline underpins its memecoin persona. The project has grown to over 35,000 followers on X (Twitter) and 9,000 members on Telegram.
As the presale continues, early investors can grab PEPU tokens at $0.00993. The price is set to rise as the stages progress. Early investors have the option to stake their presale tokens.
Visit the Pepe Unchained (PEPU) presale
Vote-to-earn turns attention to Flockerz
Play-to-earn and move-to-earn are popular reward mechanisms in the crypto market. Flockerz is a new memecoin that comes with another earning programme called vote-to-earn. Here, investors are rewarded for casting their votes on important decisions regarding the project.In addition, Flockerz features a stake-to-earn programme that is now active
While vote-to-earn requires active participation from users, stake-to-earn is for passive holders. By encouraging investors to hold their tokens, stake-to-earn can theoretically stabilise the token economy and reduce early sell-offs.
Spotlight WireThe presale price, on the other hand, increases with each new stage. Twenty-five percent of the FLOCK supply is allocated for rewards.Vote-to-earn is the core attraction of Flockerz. It gives investors a direct role in shaping the project's future, embracing the democratic spirit of blockchain technology.
Although cryptocurrencies are supposed to be community-centric, many projects struggle to fully implement decentralisation. Major decisions are left to the development teams or industry insiders. That leads to a concentration of power.
Flockerz aims to shift this balance through FlockTopia DAO. Here, community members, known as “The Flock,” are rewarded for their participation in key decision-making processes. It has the potential to foster a more engaged community, transforming passive investors into active contributors.
The project has also made an effort to establish credibility. It is audited by Solidproof and Coinsult, whose audit reports are made publicly available
Over 50 million FLOCK tokens have already been staked. According to the website, “the distribution of $FLOCK token rewards will occur at a rate of 684.93 $FLOCK tokens per ETH block.” They will be distributed over two years and will be claimable after the presale, which just went past the $500,000 raised.
Visit the Flockerz (FLOCK) 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.
The above content is non-editorial, and TIL hereby disclaims any and all warranties, expressed or implied, relating to the same. TIL does not guarantee, vouch for or necessarily endorse any of the above content, nor is it responsible for them in any manner whatsoever. The article does not constitute investment advice. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified.
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances
