The recently launched DOGS (DOGS) Token has experienced a weekly decline of more than 25 percent.
After a spectacular launch, the price of DOGS against the US dollar has been seen trending downward over the past week.
However, the small-cap altcoin has hinted at a potential short-term reversal despite having a fully diluted valuation of over $575 million and an average daily trading volume of around $475 million.
As of the time this news was written, DOGS has increased by more than 10 percent in 24 hours.
DOGS’s major decline before the recovery created fear among its holders, and investors turned to DOGS alternatives Pepe Unchained (PEPU), Crypto All-Stars (STARS), and The Meme Games (MGMES).
Pepe Unchained Investor Flood Pushes Pre-Sale Above $12 Million
Buying Pepe Unchained tokens benefits investors on the project’s own Layer 2 chain in many ways. The meme coin is going through its stages at a speed no one could have predicted, because the presale is raising money very quickly. The amount raised has already exceeded $12 million. The possibility of Pepe realizing his full potential has created great excitement.
Pepe Unchained (PEPU) aims to fulfill the promise of releasing Pepe by building him on his own layer 2 chain. The original Pepe Coin (PEPE) was very popular in 2023 and earlier this year as well, but it seems to have reached the limit of what the Layer 1 chain can handle.
On the other hand, Pepe Unchained’s potential to grow its ecosystem is unlimited, so it is exempt from the limitations experienced by Pepe Coin. In other words, while Pepe Coin’s development is restricted by its blockchain structure, Pepe Unchained reportedly has no such restrictions and has a wider growth potential.
There are many similarities between this model and Base. It has been successful as a token thanks to its Layer 2 chain and has since released 10 meme coins, the most successful of which is Brett (BRETT). It is reported that this could also happen in the future of Pepe Unchained. In addition, investors are making huge profits from staking. Currently, the expected annual percentage yield (APY) is 168%.
Crypto All-Stars: A Promising Coin, Alternative to DOGS Due to Staking Yields
Purchasers of Crypto All-Stars tokens benefit from a significant staking mechanism. Since staking is now an integral part of every token pre-sale, it is implemented in the majority of projects. This mutually beneficial arrangement benefits both the investor and the project itself.
Obviously, investors benefit from staking payouts, and projects gain some protection against pump and dump scenarios, as investors are less inclined to sell staked tokens.
It seems that the market’s perspective on staking may soon be changed by Crypto All-Stars. With the help of the project’s promised MemeVault, they will launch a project where investors can stake other tokens. Investors will have the opportunity to stake Pepe, Dogecoin, Floki, Mog, Brett, Turbo and many more, as well as other popular meme coins, all in one place.
The presale has raised around $1 million so far, and that’s just the beginning, while staking rewards are offering an APY of 1,465%.
2 Days Left Until Pre-Sale of The Meme Games, Star of the Olympics!
Purchasing The Meme Games tokens offers investors an Olympic environment. The project held its pre-sale in parallel with the Olympic events and the Paralympic Games and has raised more than $418,000 to date. The Meme Games (MGMES) pre-sale is scheduled to end on September 8. The token is then expected to be listed on decentralized exchanges (DEX) on September 10.
The Olympics are the obvious theme of this token. Investors who decide to participate will face a difficult task. There is a 169-meter running race. Investors have to choose a winner from Dogecoin, Pepe, Dogwifhat, Brett and Turbo. Each meme has its own unique characteristics and each represents a different country.
Winners of the race will receive a bonus of up to 25% on the MGMES tokens they purchase. This approach gives investors the opportunity to further increase the number of coins they purchase.
This game is not the only feature that investors can use to increase the number of tokens they purchase in the presale.
Those who take advantage of the staking option offered can stake The Meme Games tokens, which will earn rewards in the form of interest (APY). The size of the rewards depends on how long and how many coins the customer invests to increase their cryptocurrency holdings through this passive earning opportunity. The APY amount currently given is 460 percent.
Disclaimer: This is a sponsored content and press release. What is written here Cryptocoin.com It does not reflect the views of the team. The high risk of loss in leveraged transactions and cryptocurrency investments should be taken into consideration, and extensive research should be done before investing in any platform.
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