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The meme coin market experienced an uptrend in the first quarter of 2024, with coins like WIF printing over 2X gains. This rally shifted significant market attention to the meme coin sector as investors looked to profit from the high bullish trend. This positive trend saw the sector surpass $60 billion in market cap as top meme coins set new all-time highs.
Entering the second quarter of 2024, investors are updating their wallets with new meme coins, especially low-capped assets. The projection is that the second wave of the meme frenzy will come in the next bull cycle.
Hence, InsideBitcoins curates a list of these community-drive tokens, highlighting their market viability. This analysis covers their tokenomics, use cases, partnerships, and other important features.
New Cryptocurrency Releases, Listings, and Presales Today
Following a successful presale that amassed $12.9 million, each BTCMTX token is presently valued at $0.0145, attracting significant attention from investors. The staking of 767,280,803 tokens reflects strong confidence in the project’s potential. Shoki aims to bring together the enthusiastic communities of Floki Vikings and Shiba Inu Army.
Consequently, the Shoki Token is designed to integrate the strengths of its predecessors into a robust and innovative decentralized ecosystem. The daily trading volume of BEBE on Base reached $171,104, indicating a 69.90% increase from the previous day. Technical analysis suggests Bitcoin might rally to $80K following a triangle break.
1. MOGGO (MOGGO)
MOGGO has emphasized its market debut as a promising addition to the decentralized finance (DeFi) landscape. Riding on the Solana blockchain, the project brings a blend of meme-inspired fun and financial opportunities. MOGGO’s strength focuses on scalability and swift transaction processing. This ensures efficient and cost-effective meme token transactions, carving a niche for itself in the competitive crypto market.
Moreover, MOGGO’s community-driven ethos empowers its token holders to shape the project’s trajectory through collective governance decisions. As a result, this community engagement builds a dynamic ecosystem around the $MOGGO token.
Drawing inspiration from internet memes, $MOGGO injects humor and entertainment into its branding and communications. This aims to appeal to a diverse audience while fostering an enjoyable user experience.
Furthermore, $MOGGO unlocks many DeFi opportunities, including liquidity provision, yield farming, and decentralized exchange (DEX) trading. Through integrations with DeFi protocols, $MOGGO holders actively engage in various financial activities while earning rewards.
$MOGGO just listed on @CoinMarketCap 🔥https://t.co/VVbmQDAMLX
Interact with all @MOGGOcoin tweets, with your Solana address to recieve a share of 1% supply 🪂 pic.twitter.com/P2DasvlQtN
— MOGGO COIN (@MOGGOcoin) April 8, 2024
In terms of transparency and security, $MOGGO prioritizes the immutable record-keeping capabilities of the Solana blockchain. Smart contracts autonomously execute predefined rules, enhancing security and reliability for users.
Interestingly, the $MOGGO treasury has already amassed $8,000 in fees from the MeteoraAG pools since its inception. Additionally, DefiSperlo promises daily burns, reinforcing the token’s deflationary model. Overall, $MOGGO presents a compelling proposition for crypto enthusiasts. It actively combines meme-inspired fun with robust DeFi opportunities on the Solana blockchain.
2. Shoki (SHOKI)
Shoki is poised to unite the passionate communities of Floki Vikings and Shiba Inu Army. In line with this, the Shoki Token is a digital currency crafted to blend the strengths of its predecessors into a resilient and innovative decentralized ecosystem.
Launching into action, Shoki Token initiated its Phase 1, kicking off with a Pinksale Presale and unveiling its utility roadmap. The token debuted on Pancakeswap amidst a flurry of meme marketing campaigns, strategically targeting both SHIB and FLOKI communities. Hence, the first utility feature went live, accompanied by an assertive marketing push to drive adoption.
Advancing into Phase 2, Shoki Token aims to forge one of the strongest communities in the crypto meme space, striving for a top 500 position by market cap. Therefore, targeted marketing efforts towards FLOKI holders support its second utility feature launches. The mission remains clear: consolidate under the SHOKI flag and foster utility adoption.
🚀🎉 Incredible news, #Shoki Family! We've crossed 2000+ holders and are now officially listed on CoinGecko and CoinMarketCap! 🌟 This is just the beginning of our journey. Thank you for your trust and support. Together, we soar higher! 💪 #ShokiToken #CG #CMC 🚀 pic.twitter.com/pbi9A5P8p1
— Shoki Token (@ShokiToken) April 8, 2024
As Phase 3 unfolds, Shoki Token sets its sights on climbing the ranks to the top 200 crypto tokens by market cap. On this note, the third utility feature is introduced, bolstered by yet another assertive marketing drive. Strengthening the SHOKI ecosystem and empowering its community takes center stage as the token gears up for the prestigious Top 100 Crypto Tokens List.
Shoki Token’s roadmap outlines an active progression toward building a robust decentralized ecosystem fueled by community engagement and utility adoption. Investors and enthusiasts are closely monitoring the project as it unfolds.
3. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix has introduced its revolutionary Stake-to-Mine mechanism, leveraging smart contracts on the Ethereum blockchain. This novel approach addresses the limitations associated with traditional cloud mining methods.
Following a successful presale that raised $12.9 million, each BTCMTX token is currently priced at $0.0145, garnering notable attention from investors. 767,280,803 tokens have been staked, indicating a strong vote of confidence in the project’s potential.
The project’s next phase will concentrate on platform development and infrastructure establishment, including the creation of mobile and desktop software. Bitcoin Minetrix intends to expand its team and collaborate with leading cloud mining conglomerates.
The primary objective is to refine the Stake-to-Mine contract and secure additional listings on various cryptocurrency exchanges. Subsequently, Phase 3 will witness the public launch of Bitcoin Minetrix’s Stake-to-Mine platform, marking a significant milestone in its development journey.
Just 48 hours remaining until Stage 36 of #BitcoinMinetrix wraps up! 🚨
How do you think the #Halving events affect #Bitcoin miners? ⛏️ pic.twitter.com/uRckYh7p10
— Bitcoinminetrix (@bitcoinminetrix) April 8, 2024
Users can withdraw mined BTC to their wallets during this phase for the first time. In the final phase, Bitcoin Minetrix aims to drive widespread adoption of the BTCMTX token through sustained marketing initiatives and expanding its cloud mining rental services.
As presale Stage 36 is underway, investors stand to benefit from an Annual Percentage Yield (APY) of 54% through staking, presenting an enticing return opportunity. With just four days left before the anticipated price rally, investors can capitalize on the current price before a potential increase.
Visit Bitcoin Minetrix Presale
4. Bebe on Base (BEBE)
Bebe emerges as a captivating figure, injecting fresh charm and sass into the crypto scene. As Bebe strides onto the BASE chain, it brings a unique blend of elegance and wit, promising to redefine the meme game with its fabulous persona.
Nestled comfortably as an Ethereum L2 darling, Base offers a vibrant ecosystem with tools and resources to craft something extraordinary. With its improved scalability, Base hosts airdrop extravaganzas for over 1000 addresses in one fell swoop.
Furthermore, when it comes to costs, Base proves economical. For instance, $1 is required to shower 1000 addresses with tokens, a gesture that would set you back a hefty sum on Solana, tipping the scales at $500 or more.
Turning to liquidity, Base shines with Uniswap V3’s seamless deployment and the invaluable support of lockers, hailed as the MVPs of functionality and adored by Dextools. With Base, there’s no need to sacrifice your LP to navigate rug checks. Thus, this move saves users from potential headaches and preserves your token supply.
LET’S TALK TECH, $bebe?
BASE Vs. SOL (learnings from our launch)
1/ Why choose Base over Sol for your next memecoin adventure? 🧵 Let’s dive in with some sass. #Crypto #BaseVsSol #BaseChain #BEBE @base @jessepollak #memecoins pic.twitter.com/KY7IGVkPn7
— $bebe | #basedDiva (@bebecoinonbase) April 8, 2024
In addition, BEBE tokens are traded on Uniswap V3 (Base). The BEBE/WETH trading pair boasts an impressive 24-hour trading volume of $166,203. The recent surge in market activity signals promising prospects, with the daily trading volume of BEBE on Base clocking in at $171,104, marking a notable 69.90% increase from the previous day.
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