Crypto meme coin markets stay in a state of frenzy, with new cash popping up each day and lots of surging as traders hunt out the following main meme coin success story.
Listed here are the highest 5 trending Ethereum-based ERC-20 cash on decentralized change (DEX) evaluation web site DEX Tools.
Pepe (PEPE) is again to the primary spot on the DEX Instruments trending cash record.
That’s regardless of the very fact the token remains to be transferring sideways within the $0.0000014s, with its market cap hovering round $600 million.
Analysts are skeptical that the meme coin has the momentum to expertise a lot additional upside, given its already bloated market cap (that means PEPE tokens may be thought-about as “costly” on the present value), and the truth that the fast-moving meme coin market might already be transferring on to new issues.
Refund Token (RFD)
After stumbling in the previous couple of days, the Refund token bulls are again within the driver’s seat.
RFD/USD was final altering arms on Uniswap at round $0.00008 per token, not removed from its current all-time highs within the $0.0001 space and up over 220x versus its itemizing value of round $0.0000036.
Based on Refund Coin’s Twitter, the token was launched by a pseudonymous Ethereum pockets holder referred to as blurr.eth who’s estimated to have a web value of a minimum of $100,000,000 and be an authentic Ether whale.
PSYOP was final altering arms just below $0.003 as Ben.eth continues to airdrop PSYOP tokens to presale traders.
At present ranges, PYSOP is buying and selling round 3x up versus its decentralized change itemizing value and has an enormous market cap of over $1.5 billion, although that is inflated by synthetic shortage, with Ben.eth nonetheless to airdrop a good portion of the PSYOP provide.
Ben Token (BEN)
BEN, which was taken over by controversial crypto influencer Ben Armstrong from Ben.eth a couple of weeks in the past, just lately hit all-time highs within the $0.00000029 space and was final round $0.000000245.
Meaning early traders who acquired in when BEN was nonetheless buying and selling at nicely underneath $0.000000003 might be sat on positive aspects of a minimum of 80x.
After the success of the current Homer Simpson meme coin, a sequence of follow-up cash regarding different Simpson characters have been bobbing up, with Apu the most recent to catch the market’s consideration.
After launching earlier on Thursday on Uniswap at round $0.0000008, APU is now buying and selling at round $0.0000023, a acquire of near 3x.
Meme Coin Alternate options to Contemplate
Somewhat than investing in meme cash that lack any actual utility and possibly will not maintain any worth past a couple of weeks or months, traders would possibly wish to contemplate getting concerned in crypto start-up presales.
That is the place traders purchase the tokens of up-start crypto initiatives to assist fund their growth.
These tokens are almost all the time offered very low cost and there’s a lengthy historical past of presales delivering enormous exponential positive aspects to early traders.
Many of those initiatives have incredible groups behind them and an important imaginative and prescient to ship a revolutionary crypto software/platform.
If an investor can establish such initiatives, the danger/reward of their presale funding is excellent.
The staff at Cryptonews spends loads of time combing by presale initiatives to assist traders out.
Here’s a record of 15 of what the mission deems as the perfect crypto presales of 2023.
Disclaimer: The Business Discuss part options insights by crypto business gamers and isn’t part of the editorial content material of Cryptonews.com.