Crypto meme coin markets remain in a state of frenzy, with new coins popping up every day and many surging as investors hunt out the next major meme coin success story.
Here are the top five trending Ethereum-based ERC-20 coins on the decentralized exchange (DEX) analysis website DEX Tools.
Claiming the number 1 spot on DEX Tools’ trending coins list is RefundCoin.
RFD/USD was last changing hands on Uniswap at around $0.00007 per token, not far from its recent all-time highs in the $0.0001 area and up nearly 200x versus its listing price of around $0.0000036.
According to Refund Coin’s Twitter, the token was launched by a pseudonymous Ethereum wallet holder called blurr.eth who is estimated to have a net worth of at least $100,000,000 and be an original Ether whale.
GMFAM, which stands for Good Morning Family, was last changing hands just under 40.00000005 per token, having just hit new record highs to give the token a market cap of just over $5 million.
That means GMFAM investors who got in at the DEX listing price of $0.0000000003 five days ago could now be sat on gains of around 160x.
According to GMFAM’s Twitter account, the meme coin project is in talks with numerous CEXs to launch.
BEN, which was taken over by controversial crypto influencer Ben Armstrong from Ben.eth a few weeks ago, recently hit all-time highs in the $0.00000029 area and was last around $0.000000175.
That means early investors who got in when BEN was still trading at well under $0.000000003 could be sat on gains of at least 80x.
But BEN appears to be on the verge of breaking a descending triangle, which could see it drop significantly.
While it remains in DEX Tools’ top five trending list, enthusiasm for Pepe coin (PEPE) continues to wane.
The crypto token is threatening a break below key resistance in the $0.0000012-13 area, which could open the door to a drop back towards key support levels from earlier this month around $0.0000009 and $0.00000076.
PEPE is a Pepe the frog meme coin that exploded onto the scene in mid-April and went on to claim a market capitalization of around $1.8 billion at its all-time high.
At the current price, Pepe has a bloated market capitalization of around $600 million.
That limits the potential upside – its hard to see Pepe posting more than 10x gains and becoming more than a $6 billion market cap coin.
Papi Chulo (PAPI), only launched yesterday, but has already exploded to the upside.
After listing at a price of $0.0000005 on Uniswap, has already posted more than 11x gains to trade in the $0.0000056 area.
According to Papi Chulo’s website, the meme coin will have an “impactful use-case”, but this will remain a secret until the token has been listed on 20 centralized exchanges.
The project also promises to start unveiling its roadmap once the token hits 3,000 holders.
Meme Coin Alternatives to Consider
While the above-noted meme coins all do have a possibility of handing investors solid short-term gains, most will likely just end up as pump-and-dump tokens, like so many other meme coins that have come and gone before.
Investors might instead want to hunt for low market cap gems that offer a much better chance at posting 10 or even 100x gains.
Investing early in crypto token presales being run by highly promising web3 start-ups has proven time and time again to be one of the most effective way to generate high returns.
Unlike meme coins like Pepe, such projects offer an actual use-case, thus infusing their tokens with utility and real value, something Pepe completely lacks.
But there are so many presale projects to choose from.
Luckily, the team at Cryptonews.com spends a lot of time combing through the presale market to find the best projects.
Here are three of their favorites right now.
AiDoge (AI) – Presale Nearly Sold Out
AiDoge (AI) building a fun AI-powered meme-generating tool and social media platform and could be the next token to explode.
AiDoge is building a platform where users can generate memes using breakthrough generative AI technology, before sharing them with the AiDoge community via the platform’s public wall.
The creators of the most popular memes will be rewarded with AiDoge’s native $AI token, meaning that AiDoge is bringing the concept of “Meme-to-Earn” (M2E) into reality.
AiDoge has been conducting a public presale of its native $AI token to fund the development of its platform.
Investors should move quickly whilst they can still secure the token, with the presale now coming close to selling out.
The AiDoge presale recently surged past $14.6 million and will end when it hits $14.9 million, which could be hit by the end of the day.
Ecoterra is the native cryptocurrency of an award-winning blockchain-run green ecosystem that incentivizes environmentally friendly behavior.
Ecoterra’s ecosystem consists of a Recycle to Earn (R2E) platform, a carbon offset marketplace, a marketplace for recycled materials and an impact profile.
The green web3 start-up’s R2E app is supported in any country that uses Reverse Vending Machines (RVMs), meaning a huge potential market.
Ecoterra is in the seventh stage of its ECOTERRA token presale, with tokens currently priced at just $0.0085.
The project just passed the massive milestone of having raised over $4.3 million.
Potential investors should note that the presale price will soon rise to $0.00925 and that the token will list on exchanges at $0.01 – a more than 17% jump from current levels.
yPredict – Presale in Stage 4
Predicting price movements in the cryptocurrency market is difficult, even with years of experience in understanding macro, crypto fundamentals and technical analysis.
Artificial Intelligence (AI) technology, which has been making significant strides in recent months, can offer a helping hand.
AI models can analyze huge amounts of price data to identify trends that would have gone unnoticed by the human eye.
Good models can hand traders a valuable market edge.
It is thus hardly surprising that new crypto start-up yPredict, which is building a revolutionary new AI-powered trading signals platform, has been generating massive hype in the crypto space.
Using state-of-art predictive models and data insights built by top 1% AI developers and quants, yPredict’s in-development platform plans to hand market participants an “unbeatable edge”.
The platform will offer users, AI trading signals, real-time social and news sentiment analysis, AI technical analysis and AI-powered chart pattern recognition.
To fund the development of its exciting platform, yPredict is conducting an already hugely popular presale of the YPRED crypto token that will be used to power its platform.
The presale, already in stage six, has raised a massive $1.75 million in just a few weeks.
Interest investors should move quickly to secure tokens while they are still cheap at just $0.09 each.
When the presale enters its next stage, that price will go up 11% to $0.1, with the YPRED token set to list across major crypto exchanges later this year at $0.12.
That means investors who get in now will be sat on paper gains of around 33% when YPRED ICOs.