Analysts from the bank JPMorgan note that bitcoin is in a state of “overheating”. Moreover, experts are confident: on the eve of halving, investors will be able to fix their profits.
The main cryptocurrency has undergone a correction and again reached a mark of $70 thousand per coin. Market capitalization has exceeded $1.3 trillion. However, even with this success of bitcoin in the market there are other projects that can diversify the portfolio and bring holders income. The article collects several such assets that are predicted to experience a growth spurt after going public.
Top meme tokens that can be a good alternative to bitcoin investments
In the current market conditions, there are several promising new tokens on the market. Here they are:
- Dogecoin20 – inspired by the success of the original DOGE token with staking payouts over 2 years.
- Sponge V2 is a meme token from well-known developers. The project offers favorable steaking conditions and P2E game.
- SMOG is a Solana-based project, whose creators allocated 35% of the offer for a large-scale airdrop.
Dogecoin20.
The first startup in the selection is Dogecoin20. The source of inspiration for its creators was the well-known Doge meme-coin, which is a favorite of Ilon Musk. The ecosystem of the new product includes a steaking mechanism and Proof-of-Stake algorithm. The release of the project on exchanges will take place on “Doge Day”. Until then, the asset can be bought for $0.00022.
Dogecoin20 is a standalone project that is not related to the original Doge. It focuses on meme images with siba inu and passive earnings. The latter is a coin blockchain system for which users will earn crypto rewards over the next 2 years. Project features:
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- Staking rewards are distributed in this way:12.5% of assets are allocated in the first year and 2.5% in the second year.
- Greener approach due to Proof-of-Stake consensus.
- Fast and cheap transactions can be performed.
SpongeV2
The SpongeV2 project is no less popular among traders. This is an updated version of Sponge, which now has a real application area. The developers are preparing to launch a P2E-project within the ecosystem, and the steaking mechanism can increase investors’ income. You can purchase the coin on the official website using ETH, USDT or a bank card.
In total, at the time of writing, there are coins with a total value of more than $24 million in staking. Such a figure indicates that the project is in demand and is able to grow in value after the listing. Product features:
- The presence of innovative “Bridge” technology, which allows exchanging V1 format tokens for new coins.
- The launch of a crypto game that can increase the popularity and price of the asset.
- Switching to the Polygon network, which provides more fast transactions.
SMOG
SMOG is a meme token that was created inside the Solana blockchain. Its developers have allocated 35% of all coins to conduct a major airdrop. Its second season is scheduled to start on April 4.
To participate in the coin giveaway and get even more tokens with the innovative “Bridge” feature to create a multichain, you need to perform the following actions:
- Connect a cryptocurrency wallet (e.g. Phantom).
- Go to the Zealy platform where developers publish tasks.
- Complete tasks and get XP (points that are taken into account when creating a leaderboard).
SMOG tokens can be purchased for $0.184. If you do it on the official website of the project, investors get a 10% discount. Product Features:
- One of the most scalable airdrops to date.
- Annualized rate of return is about 42%.
- Wider coverage due to work in Ethereum and Solana networks.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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