Crypto markets are seeing a modest pullback ahead of the release of the minutes from the US Federal Reserve’s most recent policy meeting last month.
Bitcoin ($BTC) last changed hands below $30,500, down around 2% in the last 24 hours according to CoinGecko.
Ether ($ETH) last traded just above $1,900, down around 2.5% over the same period.
He upcoming release of Fed minutes It is the first of a barrage of major macro events over the next three days that could trigger cryptocurrency market volatility if Fed tightening expectations are affected.
But for crypto degens on the hunt for the next small-cap meme coin gem to mine, macro fundamentals hardly matter.
Here are some of the bullshit coins that have seen the biggest gains on Wednesday according to decentralized exchange analytics tool DEXTools.
Doge 2.0 ($DOGE2.0)
The 2.0 game in the meme coin space continues with Doge 2.0.
Versions 2.0 of popular meme coins like Dogecoin that are marketed as a second chance for traders who missed the first bombshell have been doing well recently and Doge 2.0 is no different.
$DOGE2.0 last traded around $0.0000000135, more than 135x off last night’s lows in the $0.000000010 area.
Visit the Doge 2.0 website here and the currency in DEXTools Everyone here.
Rich Currency ($RICH)
$RICH, a meme coin created around the idea of making its buyers rich, saw an increase of up to 2600% from its DEX launch price on Tuesday to its highs today in the $1.07 area.
Since then, it has retraced to around $0.23, giving it a market capitalization of around $230,000.
Visit the $RICH website here and the currency in DEXTools Everyone here.
Bobo ($BOBO)
Bobo hit new all-time highs on Wednesday and an impressive rally given that its previous peak had been in May, proving that this meme coin has far more staying power than the vast majority of its competitors.
At current levels around $0.00000014, $BOBO is up an impressive 1300% from its late-June lows in the $0.00000001 area.
Visit the $BOBO website here and the currency in DEXTools Everyone here.
Pre-sale meme coin projects to consider
Degen meme coin traders looking for the next small-cap gem to mine should also consider trying to get in early on some meme coin pre-sales.
Here are two meme coin projects selling their tokens cheaply to early investors that the Cryptonews team is a huge fan of.
Wall Street Memes ($WSM)
Wall Street Memes, one of the most popular retail investment communities on the internet, rose to fame in the 2021 stock meme craze and has recently been expanding its relevance in the cryptocurrency space with the pre-sale of its new token. $WSM.
The success of the $WSM presale, which has raised over $12.5 million in just over a month, is hardly surprising given the size of the Wall Street Memes community.
Not only are there 523,000 hyper-engaged community members in your Instagram account wallstbetsthere are another 214k on Twitter and over 100k on his other two Instagram channels, wallstgonewild and wallsstbullsnft.
In total, Wall Street Memes has a strong social community of 1 million degens, which analysts believe almost guarantees the $WSM token will be listed on tier 1 crypto exchanges like Binance.
Since 30% of the token supply is retained for community rewards, airdrops to holders can reasonably be expected to be a large part of the ecosystem.
In fact, the first $WSM airdrop it is open now.
analysts They are already predicting great things for Wall Street Memes when you trade on the exchanges and you can be a part of that.
Visit Wall Street Memes here
Thug Life Token ($THUG)
Despite being released just a few days ago, the new meme coin project Thug Life Token it has already been able to raise over $430,000 through the pre-sale of its $THUG token.
Several industry observers have called $THUG a huge success given the refreshing perspective it brings to the meme coin space.
$THUG is not based on old-fashioned dog memes or social media fads, like meme coins created in response to tweets from Elon Musk or Andrew Tate.
Rather, $THUG is themed around the timeless Thug Life movement that was first popularized by hip hop stars like Snoop Dogg in the ’80s.
As word of $THUG spreads, more degenerates are expected to pile money on the project.
That’s because Thug Life Token has all the features of the upcoming 100x meme coin.
At a pre-sale price of $0.0007 and a total maximum supply of 4.2 billion, the Thug Life Token pre-sale only values the coin at a very conservative fully diluted market cap of $2.94 million.
That’s much smaller than most other comparable pre-sale projects and the low pre-sale market cap leaves plenty of room for explosive upside.
Meme coin degens has no time to waste when it comes to getting involved in the project from the very beginning.
This is because the $THUG pre-sale will end once the $2.058 million mark is reached or when the 12-day countdown ends (whichever comes first).
After that, the only way to secure $THUG tokens will be through the project’s airdrop campaign and community bounties or at a potentially high price on major decentralized exchanges (DEXs).
