Meme coin market has seen a lot of success since the start of the year; however, the situation took a hard turn last week due to the big crypto crash.
The crash was dubbed “Black Monday” after taking millions out of the market.
Bitcoin lost over $15K in value, Ether over $1,000, and meme coins didn’t do much better.
Dogecoin, the largest meme coin almost slipped below the $0.1 mark, a position which it held on to since the start of February 2024.
Shiba Inu saw a similar trajectory, dropping by over 14% in the last 30 days.
Meme coin market has seen a lot of success since the start of the year; however, the situation took a hard turn last week due to the big crypto crash.
The crash was dubbed “Black Monday” after taking millions out of the market.
Bitcoin lost over $15K in value, Ether over $1,000, and meme coins didn’t do much better.
Dogecoin, the largest meme coin almost slipped below the $0.1 mark, a position which it held on to since the start of February 2024.
Shiba Inu saw a similar trajectory, dropping by over 14% in the last 30 days.
And even though meme coins recovered a bit from the crash, many analysts believe that we may not see true profits from the big players for quite some time.
However, they’re recommending new meme presale projects like Pepe Unchained ($PEPU), The Meme Games ($MGMES), PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), and Base Dawgz ($DAWGZ).
The presale market is usually the best option for investment during bearish runs like the one happening now – and that’s why these presales managed to generate millions while the rest of the market struggles.
Let’s see why did the market crash, and a closer look at these analysts-preferred presale projects:
Best Meme Coins to Buy as DOGE & SHIB Struggle – Quick Overview
Before we take a closer look at these meme coins, let’s take a quick look at their basics:
- Pepe Unchained ($PEPU) – Layer-2 Meme Coin Defies Market Trends
- The Meme Games ($MGMES) – Project Dubbed as the “Official Olympic Games Meme Coin”
- PlayDoge ($PLAY) – Merging Nostalgia with Blockchain Innovation in the Meme Coin Space
- Shiba Shootout ($SHIBASHOOT) – Win Big in the Wild West of Shiba Gulch
- Base Dawgz ($DAWGZ) – Multi-Chain Meme Coin With 10X Potential
Best Meme Coins to Buy as DOGE & SHIB Struggle – Detailed Analysis
Now that you have some understanding of what these meme coins have to offer, let’s go over them in more detail.
Pepe Unchained ($PEPU) – Layer-2 Meme Coin Defies Market Trends
As established meme coins face significant downturns due to the ongoing market crash, a newcomer is defying expectations.
Pepe Unchained ($PEPU) has emerged as a resilient force, weathering the storm that has engulfed its predecessors and competition.
Pepe Unchained isn’t just another derivative in the saturated meme coin market. It represents a bold step forward, aiming to revolutionize the Pepe-inspired ecosystem through innovative technology.
At the heart of this project lies an ambitious goal: the creation of a dedicated layer 2 chain tailored specifically for the Pepe community.
This technological leap forward promises to address the key pain points that have long plagued meme coin enthusiasts.
By leveraging its own layer 2 solution, Pepe Unchained aims to deliver significantly faster transaction times and drastically reduced gas fees compared to its predecessor, Pepe Coin ($PEPE).
This enhanced efficiency is poised to attract a diverse range of investors and users seeking a more cost-effective and seamless experience within the Pepe ecosystem.
Its presale has already generated an impressive $8.3 million, a clear testament to the project’s potential and the confidence it has inspired among early investors.
This substantial backing is driven by the promise of generous staking rewards and the limitless possibilities that a dedicated layer 2 chain presents.
Pepe Unchained’s approach draws inspiration from the success of Base, a layer 2 solution that gained significant traction earlier this year.
However, PEPU takes this concept further by tailoring it specifically to the unique needs and aspirations of the Pepe community.
In a landscape where meme coins are often dismissed as mere speculative assets, Pepe Unchained is striving to prove that there can be substance and lasting value in this niche.
By harnessing cutting-edge layer 2 technology and fostering a passionate community, Pepe Unchained is not just redefining what it means to be a meme coin—it’s charting a new course for the entire crypto ecosystem.
The coming months will undoubtedly be crucial as this innovative project seeks to transform potential into reality.
The Meme Games ($MGMES) – Project Dubbed as the “Official Olympic Games Meme Coin”
The Meme Games ($MGMES) has emerged as a unique fusion of Olympic excitement and cryptocurrency, earning unofficial recognition as the de facto meme coin of the upcoming global sporting event.
At the heart of The Meme Games lies an engaging concept that combines the thrill of competition with the potential for significant returns.
Participants can purchase $MGMES tokens to enter a distinctive virtual race featuring beloved meme characters such as Dogecoin, Pepe, and Dogwifhat. These digital mascots will compete in a 169-meter dash, adding a playful twist to the traditional Olympic spirit.
The stakes in this virtual competition are considerable. Successful participants stand to gain a substantial 25% presale token bonus, while those less fortunate will not receive additional rewards.
Savvy investors are encouraged to diversify their holdings by acquiring multiple $MGMES tokens and allocating them across meme characters to optimise their chances.
Aligning closely with the Olympic calendar, the presale event for The Meme Games is scheduled to run alongside the 2024 Olympics. It commences immediately and will conclude on September 8th, coinciding with the closing ceremony of the Paralympics.
This strategic timing aims to capitalize on the global attention and enthusiasm surrounding the Olympic Games.
The official launch of $MGMES tokens is set for September 10th, just two days after the presale concludes.
For those looking to secure $MGMES tokens at the best rates, the current presale phase offers an unparalleled entry point.
Early participants have the chance to position themselves at the forefront of this innovative project, potentially reaping significant benefits as the Olympic Games approach and public interest intensifies.
The Meme Games also introduces an attractive staking option for investors. Those who choose to stake their tokens can access an impressive Annual Percentage Yield (APY) exceeding 578%. S
taking rewards will become claimable one week after the initial decentralized exchange (DEX) listing. For investors who prefer immediate liquidity, the option to claim their $MGMES supply on the day of launch remains available.
By tapping into the global excitement surrounding the Olympics, $MGMES aims to create a unique and potentially rewarding experience for crypto enthusiasts and sports fans alike.
PlayDoge ($PLAY) – Merging Nostalgia with Blockchain Innovation in the Meme Coin Space
As Dogecoin, the pioneer of meme coins, experiences a period of relative stagnation, PlayDoge has stepped into the spotlight.
The project’s presale has already raised an impressive $6 million, signalling strong investor confidence and market interest.
What sets PlayDoge apart is its innovative approach to combining utility with nostalgia. At the heart of the PlayDoge ecosystem lies a play-to-earn (P2E) game that pays homage to the iconic Tamagotchi pets of the 1990s.
This clever integration of a beloved childhood pastime with cutting-edge blockchain technology has struck a chord with the millennial demographic, many of whom are now active participants in the crypto market.
The PlayDoge app allows users to care for a virtual puppy, mirroring the experience of the original Tamagotchi devices.
Players must feed their digital pet when hungry, provide entertainment when bored, and administer care when ill.
This gameplay loop, familiar to many, is enhanced by the integration of blockchain technology. Players can earn $PLAY tokens by excelling in their pet care duties and climbing the ranks of a global leaderboard.
This unique value proposition has not gone unnoticed by investors. As Dogecoin faces challenges in maintaining its growth trajectory, many are turning their attention to PlayDoge.
The project’s success in its presale phase underscores a growing demand for meme coins that offer tangible utility beyond mere speculation.
PlayDoge’s strategy of leveraging nostalgia while providing a modern, engaging gameplay experience appears to be resonating strongly with its target audience.
The project is well-positioned to carve out a significant niche in the meme coin market, potentially challenging the dominance of more established players like Dogecoin.
The community-centric approach of PlayDoge, coupled with its nostalgic appeal, creates a strong foundation for potential growth and adoption. As more individuals from the ’90s generation discover the platform, it’s likely to see increased user engagement and token demand.
As the project continues to develop and gain traction, it will be interesting to observe its impact on the broader meme coin landscape and its potential to reshape investor expectations in this dynamic market segment.
Shiba Shootout ($SHIBASHOOT) – Win Big in the Wild West of Shiba Gulch
Shiba Shootout ($SHIBASHOOTOUT) is a project that, while inspired by the beloved Shiba Inu, caters to all meme coin enthusiasts.
One of the standout features of this project is its strong focus on community building. A prime example of this is the Token Governance Roundups, which empower investors by allowing them to vote on the project’s future direction.
Despite being relatively new, the presale has already raised over $8.9 million, signalling strong interest and support.
At the heart of the Shiba Shootout ecosystem lies the fictional town of Shiba Gulch—a place where investors can come together to battle, share memes, and earn $SHIBASHOOT.
The project offers multiple ways to earn crypto, with one of the most exciting being the Lucky Lasso Lottery. By spending tokens to enter, players get a shot at winning some impressive crypto prizes.
Base Dawgz ($DAWGZ) – Multi-Chain Meme Coin With 10X Potential
Base Dawgz ($DAWGZ) is more than just a meme coin—it’s a project built for the adventurous investor always on the hunt for the next big thrill.
This spirit of adventure is immediately evident when you visit the presale site. The experience begins with a high-flying pup, the mascot of the ecosystem, who appears to be base jumping from the clouds, following your cursor as you explore the platform and all it has to offer.
But there’s more to Base Dawgz than just a playful theme. The token is rooted in the dynamic Base chain, quickly becoming a hotspot for launching meme coins. It’s also a multi-chain token, available on Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Avalanche (AVAX), which broadens its appeal and potential.
Investors will be pleased with the staking rewards, which currently boast an impressive 889% APY. As the presale approaches the $2.9 million mark, the excitement around this project continues to build.
One of the standout features of Base Dawgz is its share-to-earn program. By sharing memes and other presale-related content on social media, investors can accumulate points, which can be exchanged for more $DAWGZ tokens once the presale concludes.
Additionally, there’s a referral program offering a 5% bonus for every new investor who signs up using your unique code.
Conclusion
While popular meme coins like Shiba Inu, Dogecoin, and DogwifHat have faced significant losses over the past 2 weeks, a fresh wave of innovative meme coins is emerging, poised to capture the market’s attention.
Projects like Pepe Unchained, The Meme Games, PlayDoge , Shiba Shootout, and Base Dawgz. are stepping into the spotlight with unique features, engaging narratives, and exciting opportunities for investors eager to capitalize on the meme coin trend.
These new entrants aren’t just about chasing short-term gains—they’re built on substantial utility, strong community engagement, and the potential for long-term growth.
For investors looking to diversify their portfolios and ride the next big wave in the meme coin market, these innovative projects are worth close attention.
With their creative approaches, dedicated communities, and promising roadmaps, they have the potential not only to challenge the current meme coin leaders but also to redefine the space entirely.
