Crypto markets are generally flat or trading with a slight positive bias on Friday, with the latest US jobs numbers for June not having rocked the boat too much.
Bitcoin (BTC) was last around $30,000, ether (ETH) around $1,870, while the overall market’s capitalization was half a percent up around $1.18 trillion.
In the meantime, there is plenty of action in small-cap meme coin markets, with crypto degens on the hunt as ever for the next 100x meme coin like Pepe or Shiba Inu.
Here are some of the best performers according to decentralized exchange (DEX) analytics tool DEXTools.
A new meme coin that goes by the name Moon seems to have done just that.
$MOON surged from around $0.003 on Thursday to as high as $2.0 in the early hours of Friday.
It has since pulled back to just under $1.0 per token, where it has a market cap of just under $30 million.
$1.18 million in $MOON tokens have changed hands across DEXs in the last 24 hours, DEXTools suggests.
At present, $MOON has 360 holders and around $250,000 in locked liquidity.
Pepe 3.0 (PEPE3.0)
After the success of 2.0 versions of popular meme coins, perhaps its no surprise that we now have 3.0 versions also doing well.
Pepe 3.0 coins are leading the way.
At present, one Pepe 3.0 coin is at a market cap of over $3.0 million and up over 600% today, with nearly 1,400 holders.
Another Pepe 3.0 coin is up over 700% today and just surpassed a market cap of $500,000 and now has 2,700 holders.
Azuki 2.0 (AZUKI2.0)
Recent controversy with the Azuki NFT collection has sparked the emergence of an Azuki 2.0 meme coin that has been pumping hard on Friday.
AZUKI2.0 was last up nearly 600% on the day in the $0.0005 area, with a market cap of over $500,000, trading volumes of nearly $200,000 in the last 24 hours and over 1,3000 holders.
Presale Meme Coin Projects to Consider
Degen meme coin traders looking for the next low-cap gem to explode should also consider trying to get in early on some meme coin presales.
Here are two meme coin projects selling their tokens on the cheap to early investors that the team at Cryptonews are big fans of.
Wall Street Memes (WSM)
Wall Street Memes, one of the internet’s hottest retail investing communities, rose to prominence in the meme stock craze of 2021 and has recently been expanding its relevance in the cryptocurrency space with the presale of its new $WSM token.
The success of the $WSM presale, which has raised more than $13.26 million in just over one month, isn’t surprising given the size of Wall Street Memes’ community.
Not only are there 523k hyper-engaged community members on its wallstbets Instagram account, there are another 214k on Twitter and more than 100k across its two other Instagram channels, wallstgonewild and wallstbullsnft.
All told, Wall Street Memes has a 1 million-strong social community of degens, which analysts think all but guarantees that the $WSM token will be listed on tier 1 crypto exchanges like Binance.
With 30% of the token supply being held back for community rewards, it can reasonably be expected that airdrops to holders will be a big part of the ecosystem.
Indeed, the first $WSM airdrop is open now.
Analysts are already predicting big things for Wall Street Memes when it lists on exchanges and you can be a part of it.
Thug Life Token ($THUG)
Despite only launching a few days ago, brand new meme coin project Thug Life Token has already been able to raise a whopping more than $640,000 via the presale of its $THUG token.
Various industry observers have tipped $THUG to be a major success given the refreshing take it brings to the meme coin space.
$THUG is not based around out-of-fashion dog memes or short-term social media fads, like meme coins created in response to Elon Musk or Andrew Tate tweets.
Rather, $THUG is themed around the timeless Thug Life movement that was first popularized by hip hop stars such as Snoop Dogg back in the 80s.
As the word of $THUG spreads, more degenerates are expected to pile cash into the project.
That’s because Thug Life Token has all of the makings of the next 100x meme coin.
At the presale price of $0.0007 and total maximum supply of 4.2 billion, the Thug Life Token presale only values the coin at a very conservative $2.94 million fully diluted market cap.
That’s much smaller than most other comparable presale projects and the low presale market cap leaves plenty of room for explosive upside.
Meme coin degens have no time to lose when it comes to getting involved in the project early.
That’s because the $THUG presale will end once the $2.058 million mark is hit, or when the 10-day countdown runs out (whichever comes first).
After that, the only way to secure $THUG tokens will be via the project’s airdrop and community rewards campaign or at a potentially elevated price on major decentralized exchanges (DEXs).
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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