Traders Are Investing In These New Shitcoins: $WSM, $AI, $MORTY, $ALIPE and $SEC
New York, NY
|
June 07, 2023 08:31 AM Eastern Daylight Time
The current brear market see many major crypto tokens such as Bitcoin and Ethereum continue to struggle. BTC is down almost 3% in seven days, with the likes of BNB and Cardano suffering even heavier losses.
However, certain shitcoins and meme coins continue to pump, leaving traders searching for the next big coin with 100x potential. With this in mind, we list 5 shitcoins that traders are backing to offer significant returns this month.
Wall Street Memes Token Flexes Community Strength, Raises $4.5m
A viable community can be a token’s biggest strength in times of market certainty. No newly launched token can boast of a stronger community than the Wall Street Memes token. Backed by a million-strong internet army and an incredible brand value, the Wall Street Memes token is a strong contender for the next 100x meme coin.
The $WSM token has already raised $4.5 million within the first 10 days of its launch. The token’s strong start despite the prevalent bearishness in the crypto market highlights its resilience.
Crypto traders are swarming to the project due to their faith in the Wall Street Memes group. The group received global fame when it inspired the historic GameStop short squeeze in 2021 and the ensuing GME and AMC bull run. It also sold out its Wall St Bulls NFT collection in 32 minutes, proving its expertise in the crypto space as well. The group now looks to tokenize this movement of small traders taking on the might of wealthy financial institutions.
The token’s explosive start has created a buzz on social media. Yet, the WSM group continues to take strong steps to further boost user adoption. The project has made the entire $WSM supply available to the community, with 50% of the tokens up for grabs in the presale itself. Community members will also receive 30% of the token supply in the form of community rewards.
$WSM tokens are quickly selling out and investors have limited opportunity to take advantage of early presale prices. You can acquire the token by swapping ETH or USDT tokens or by purchasing it with bank cards.
Visit Wall Street Memes ($WSM) Presale
AiDoge Presale Sells Out $14.9m In Record Time, Investors Have One Last Chance to Buy for IEO
Investors often gripe about the lack of utility in top meme coins such as Doge and Pepe. Well, AiDoge has you covered as it combines two of the most in-demand niches of the crypto market: meme coins and artificial intelligence.
The token’s popularity is reflected in its presale as it raised $14.9 million in a short span of a few weeks. Similar to the Wall Street Memes token, $AI has seen a resilient demand despite the negative sentiments in the crypto market.
The AiDoge.com project has recently announced that the token will launch on exchanges on the 19th of June. All presale holders can also claim their $AI holdings on the same date.
The $AI token powers the revolutionary meme generation platform AiDoge which uses advanced artificial intelligence algorithms to create relevant and engaging memes. The project recognises the importance of memes as an important tool in engaging key demographics such as young crypto traders. Therefore, it employs AI algorithms that have been trained on thousands of crypto memes and the latest news.
The project has also taken strong steps to ensure secure asset management. The token smart contract has been audited by CertiK and it employs security tools such as Fireblocks to ensure customer protection.
Users can purchase the $AI token through bank cards or acquire it by swapping ETH, BNB or USDT tokens.
New MORTY Coin Trending on Dextools, Skyrockets 19,000% After Launch
The newly launched Morty Coin ($MORTY) has had one of the strongest performances after being listed on Uniswap. The token, which was launched at the price of $0.000000002590, surged thousands of percentages in a little over 24 hours and deleted three zeros from its price. It is currently trading at $0.00000249.
The $MORTY token has been inspired by the popular fictional character Morty Smith, the protagonist of the beloved TV series Rick and Morty. Due to the global popularity of the show, the token is expected to get strong support from all corners of the world.
The project follows the footsteps of the global meme coin phenomenon, Pepe. The Pepe coin was also a community-driven token that generated an 8000x growth due to the popularity of the Pepe the Frog meme. Other meme coins such as the SpongeBob token have found success using the same mantra.
$MORTY has already gained over 12K followers on Twitter and has a thriving community on Telegram. To become a part of this community, users can head to Uniswap to purchase the token or acquire it by swapping ETH.
Alien Pepe Surges over 3000% while Pepe Coin Plummets
Ever since Pepe’s remarkable 8000x success, several other copycat tokens have emerged in the market. While some of them have been scams and rug pulls, others have generated incredible gains for investors. While Pepe has plunged 14% over the last 24 hours, $ALIPE has skyrocketed 3200% over the same period.
The token surpassed the $1 M total market capitalization before correcting slightly to $700 million. With the first phase of its roadmap complete, the token is faring just as well as the Pepe coin. The focus now shifts to Phase 2 where the project will look to secure CoinMarketCap and CoinGecko listings while also hitting the $2.5 million market cap.
The third phase sees the token hit $10 million MC and secures various exchange listings. With a 24-hour volume of $4.5 million, $ALIPE has created quite a buzz in the market. Despite being launched a little over a day ago, the token has already received a strong score from Dextools and is one of the hottest tokens on the platform.
$SEC Token Surges 6000% As a Rebellion Against The Regulator
The US Security and Exchange Commission sued Binance and Coinbase for illegal security sales, leading to a steep decline in the crypto market. Soon after, the $SEC token began trending on Dextools due to its 6000% surge in the last 24 hours.
The project is protesting the SEC’s actions, which most in the crypto market see as a blatant case of regulation by enforcement. It also chides the US regulating body for failing to protect the investors from institutions such as FTX and SVB. Many lawmakers in the US Congress also agree with this sentiment.
The battle between crypto and the SEC is a long way from over. As the fight now heads to the courts and the US Congress, the token can see some major volatility. It has already amassed over $900K in total market cap with over $3 million in trading volume.
The token now looks to secure listings on several Tier-1 exchanges and create a global brand value. Investors can head to Uniswap to acquire $SEC tokens.
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
Contact Details
Finance News
Alex Brown
