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Low speculative market cap ‘shitcoins’ are high risk, but high rewards – traders often look for them for high upside potential even with small investments. Cryptos with limited utility but significant market impact are referred to as ‘shitcoins.’
While it can be very challenging to choose the right initiatives and figure out when to maximize profits, it has been proven time and time again to be a successful albeit less fruitful marketing and investment strategy.
The success of shitcoins is heavily influenced by marketing and excitement, as well as by celebrity endorsements, which lift certain ‘shitcoins’ to the top of the market.
Below is a list of ‘shitcoins’ that have generated a lot of hype and interest in the crypto community.
Magnifier (ZOOMER)
After debuting on June 30, Zoomer’s price spiked before taking a big dip. On July 3, 2023, Zoomer soared in volume over $3 million and is one of the best performing ‘shitcoins’. After hitting a 24-hour high of $0.00006076, it was up 379%.
The strong trading activity suggests increasing speculative interest in the coin, and Altstein Trade tweeted that it was “$ZOOM may rise along the trend lineZoomer is currently priced at $0.00001942 as of today, July 9th, with a 24-hour trading volume of $482.08K, a market cap of $1.34M, and 1.56K holders.
The price of ZOOMER is up 41.89% over the previous 24 hours. “Incorporating Zoomer into brypto step by step” according to the project website. While it’s pointless at the moment, it seems the team may be setting the stage for new feature additions if the project goes ahead.
The team also makes it look like they have an interesting collaboration in the works that will help improve the Zoomer meme even more. There is no doubt that it will be successful in the meme coin market because of the community support and team dedication. Keep an eye on Zoomer if you are an investor looking for profitable opportunities in crypto ‘shitcoins’.
The video above provides an in-depth overview of the new crypto ‘shitcoins’ to watch in July 2023. Follow his YouTube channel for more crypto related videos. Jacob Crypto Bury also runs a Discord channel with 16,000 members, where users can get trading tips and learn about upcoming crypto pre-sales.
Wall Street Memes (WSM)
The popular new Wall Street Meme ‘Shitcoin’ recently crossed the $13.6 million milestone in its presale. The pre-sale has a hard ceiling of $30,577,000, and the project is expected to rank among the biggest ‘shitcoins’ once it is launched on the exchange. Check out our guide on how to buy WSM tokens here.
Wall Street Memes is well-regarded by investors and analysts because the online brand already has more than one million followers. In 2021, founded and started posting stock and cryptocurrency memes on Twitter, Instagram and other social media sites.
Realized you shouldn’t have sold that one stock pic.twitter.com/UXU8nYXqLE
— Wall Street Memes (@wallstmemes) July 8, 2023
The Wall Street Memes team also started an NFT project called Wall St Bulls in 2021. The project raised over $2.5 million and sold out in just 32 minutes. Elon Musk, the project’s dogefather, has interacted with the project’s Twitter account many times, which is another factor contributing to the market’s rise on Wall Street Memes.
Musk’s support could push the meme coin price to unprecedented levels, as we witnessed with the Dogecoin price. The team also performed a $50,000 airdrop to celebrate the launch of WSM’s presale. For more information, see the project’s official website.
Pepe 2.0 (PEPE2.0)
In June 2023, PEPE 2.0 was introduced last month. It was developed as a follow-up to the first PEPE ‘shitcoin’ and was actually a fork of the original. PEPE 2.0 contains some significant differences but uses the same system and code as PEPE.
To put things into perspective, one of the biggest differences between PEPE 2.0 and the original PEPE is that the newer version uses Ethereum’s proof-of-stake (PoS) consensus algorithm rather than a proof-of-work (PoW) system as such. used by Bitcoin, Dogecoin, and Shiba Inu.
As a result, it is more environmentally friendly as it saves miners energy by not requiring them to consume too much of it to validate transactions. In addition, the availability of PEPE 2.0 is less than that of PEPE. As a result, the opportunity to increase in price is better because it is more difficult to obtain.
PEPE 2.0 is gaining popularity like the first PEPE coin. In the last seven days, the price of PEPE2.0 has increased by more than 409%. The number of different wallet addresses holding PEPE2.0 has also increased; up from 5,410 on June 29 to around 13,000 at the time of writing, with a market cap of $46.30 million.
Check out our guide to buying the best ‘shitcoins’ here.
Thug Life (THUG)
The recent ‘shitcoin’ presale that is now blowing up is Thug Life. A movement “fueled by humor, brotherhood, and the rushing struggles in this crypto game,” according to the project’s website. Its main purpose is to make clear the possibility of ‘shitcoins’ being overlooked.
Half a million boys. Let’s go! pic.twitter.com/Xmt6zboORE
— Thug Life token (@thug_life_token) July 6, 2023
The fact that Thug Life is a low market cap cryptocurrency is one of the features that sets it apart from other presales. At a cost of $0.0007 per token, 2.94 billion tokens will be sold during the presale. Thug Life aims to achieve a hardcap of $2.058 million by the end of the presale. Thug Life will be ready to register THUG on the DEX after the round ends.
The team wanted to make Thug Life a truly community-driven product. The goal of Thug Life’s single presale pricing is to stop dumping at launch. Instead, he seeks to create a steadfast community that supports the initiative. Take part in the THUG presale at thuglifetoken.com.
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