After surpassing $101k once again this Monday, Bitcoin started dropping toward $95k. It is now trading just below the $98,000 mark.
Ethereum and other altcoins followed through, leading the market to bearish terrain. The overall crypto market lost around $300 billion because of that.
Does this mean that the altcoin season is officially over? Are there still some good opportunities to make profits in the following weeks?
Since the meme coin cycle is far from over, the best way to get serious gains is by focusing on new meme ICOs. They include Wall Street Pepe ($WEPE), Crypto All-Stars ($STARS), CatSlap ($SLAP), and Flockers ($FLOCK).
Let’s check out the details and see why!
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Crypto Market Dipping Along with BTC, ETH, and Altcoins – But These Emerging Altcoins are Defying the Bearish Trend
Bitcoin pulled back further from $100,000 after quickly climbing over the $101,000 mark on Sunday. The six-figure mark didn’t last long, though, as the biggest asset quickly dropped.
MicroStrategy announced another major Bitcoin purchase, but instead of a boost, the price plunged by $6,000 within hours, hitting $94,000. It was the first time Bitcoin fell to this level since last week’s crash.
Despite the drop, Bitcoin got back almost immediately and is now trading just below the $98k mark.
That wild price swing caused solid losses for over-leveraged traders, with over 500,000 accounts wiped out in a day. It caused the overall crypto market to drop by $300 billion.
Most popular altcoins such as ETH, SOL, and BNB also took hits, losing 3–4%. XRP slipped below $2 during the chaos but recovered to $2.20. It is still down over 7% for the day.
However, some emerging coins seem to be fighting this negative trend. ICOs like Wall Street Pepe ($WEPE), Crypto All-Stars ($STARS), CatSlap ($SLAP), and Flockers ($FLOCK) are leading the way.
Now, we’ll check out why this is the case!
>>>Buy the Best Presale Coin Now<<<
Wall Street Pepe ($WEPE) — New Frog on the Market Offering Great Trading Tips to Help Smaller Investors
Wall Street Pepe ($WEPE) is here to make the Pepe meme even more famous with new trading strategies. Moreover, it’s quickly becoming a favorite among traders.
Its biggest strength is the Wepe Army – a growing community. It keeps the project running by sharing valuable trading tips, alpha calls, and strategies. Thus, it helps smaller investors compete with the big players.
So far, $WEPE has secured over $4 million, with tokens available at just $0.000208 each.
It also offers some impressive features, including native staking rewards, weekly trading bonuses, and access to an exclusive insider group.
Since the Pepe meme is back in the game, $WEPE could easily become the next trending frog. There is not much time left to catch the early prices. That’s because the next price increase will be in less than two days.
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Crypto All-Stars ($STARS) — Making Your Meme Coins Work for You with MemeVault Platform
Crypto All-Stars ($STARS) is a new innovative project that’s been hitting milestones, with nearly $12 million already in the bag.
At the center of the project is MemeVault, a first-of-its-kind platform where you can safely stake all your popular tokens, such as Pepe and Dogecoin. Thanks to ERC-1155 compatibility, the process is smooth, and participants can earn up to 3x rewards for active engagement.
Its cross-chain staking protocol makes staking meme coins easier than ever by eliminating the need for multiple wallets or platforms.
Audited by SolidProof and Coinsult, $STARS pays a lot of attention to security. With the presale ending in less than 9 days, now is the last chance to get in early and skyrocket your portfolio.
CatSlap ($SLAP) — Building a New Slap-to-Earn Game to Reward All Catslappers
CatSlap ($SLAP) is setting new standards in the sector with its genius slap-to-earn system, which rewards users for being active in the project. The token’s market cap was close to $50 million, climbing nearly 120% in just the past two weeks.
It joins the same list of cat-inspired coins such as Popcat and Mog Coin – anyway, it has a sharp edge against its bigger competitors.
The slap-to-earn feature pays users for staking and promoting the project online, making it one of the most interesting projects out there.
You can grab your $SLAP tokens using ETH, BNB, or USDT. With even less than 8 days left in the ICO, now’s the ideal time to secure your spot before the token hits the market and explodes!
Flockerz ($FLOCK) is changing the game with its vote-to-earn system, where users can earn rewards while making all key decisions about the project.
As a decentralized autonomous organization (DAO), $FLOCK puts control directly in the hands of its holders, making it one of the most democratic tokens on the market.
While the project is already pushing toward the $6 million milestone, it is now drawing in bigger players that can enjoy APYs of up to 467% and attractive staking options.
With its focus on community and impressive rewards, we might just see it as the next sensation in the PolitiFi sphere.
The Takeaway
Despite the current bearish market conditions, the meme coin cycle is far from over, with certain contenders growing faster than ever.
In fact, the ones that could easily skyrocket and outperform the biggest assets in profits are new meme presales such as Wall Street Pepe ($WEPE), Crypto All-Stars ($STARS), CatSlap ($SLAP), and Flockers ($FLOCK).
Since all of them are selling out at crazy speeds, you should hurry not to miss your chance for a major ROI once they hit the market!
Source: https://www.thecoinrepublic.com/2024/12/14/crypto-market-loses-300b-as-btc-eth-and-altcoins-enter-downtrend/