The crypto market: In recent days there has been a lot of movement in the same corner market, with several emerging projects causing havoc, such as 4Chan.
For example, we see that the 4 channels The coin continues to lose value after peaking on June 21, while other coins like 420Chan and Bitcoin are gaining in value.
We have also seen the rise of platforms like Wall Street Memes and yPredict, which can help traders keep up with the latest trends and investment opportunities in the meme coin sector.
4Chan Crypto Price In Focus: Over 75% Drop
The meme coin frenzy has recently come back to the fore, but the 4Chan coin has failed to sustain the initial momentum seen in early June.
In fact, after a meteoric rise of 1,500% in the space of two weeks, the file has fallen sharply as early investors seek to cash in on their earnings.
Since June 21, the price de 4Chan is down more than 75 percent, and many investors believe the token could be worth zero.
Unfortunately for 4Chan followers, the token's heyday appears to be over, a situation that does not apply to 420Chan and Bitcoin.
In fact, CoinMarketCap data shows that 420Chan has traded $3 million in the past few hours, contributing to a massive 117% increase in the token's market capitalization.
On Tuesday, the token also saw a noticeable increasewith early investors seeing gains of 587%.
Although the 420Chan price has pulled back from Tuesday's high, token holders are hopeful that this temporary drop is only temporary and that the price will recover and resume its level. upward trend.
Wall Street Memes: What it is and how it works
Street Street Memes (WSM) is a new meme coin inspired by the WallStreetBets subreddit, best known for its entry into the 2021 GameStop short contest.
Although there is no direct link to the subreddit, the Wall Street Memes project includes fun market-themed memes, which has allowed it to build a large community of more than 1.1 million "degens" (fans).
Massive community support has helped the Wall Street Memes team achieve success in the past with the launch of the wall st bulls nft, a collection of 10,000 pieces that sold out in just 32 minutes.
Now, with the launch of the WSM token, the Wall Street Memes team aims to give back to the community and allow token holders to benefit from the growth of the community itself.
According to the project's white paper, Wall Street Memes also plans to launch an exclusive "gated community" and working with high-profile influencers, both initiatives aimed at increasing the value of WSM.
Although WSM has yet to be officially listed on centralized crypto exchanges (CEXs), investors can still purchase the token during the ongoing pre-sale phase, which has already raised nearly $11 million.
WSM tokens are currently available for as little as $0.0304, a discount from the exchange's planned listing price.
What are the best meme coins trending right now?
Despite some of the problems mentioned above, 4Chan, the meme coin used by the Ethereal blockchain, continues to be one of the trending currencies.
4Chan's native token launched on May 3rd and saw a 7,300% surge in a short period of time, followed by a correction of course. Also, the platform has used up all your liquidity and your contract is tax free.
On the other hand, we see that PEPE performance is erratic, but often outperforms more famous meme coins like Dogecoin and Shiba Inu.
In fact, in recent days, this new meme coin seems to be back in the spotlight, perhaps thanks to the positive trend in the cryptocurrency market and increased interest from traditional financial institutions.
According to the chain's data, there are currently around 119,602 unique Pepe addressesindicating an increase in the number of PEPE wallets since the beginning of the month.
However, the revolutionary AI-X blockchain is worth about $0.0000000115 after recent increases. The network aims to improve the speed, scalability and security of transactions.
Finally, the apecoin token, APE, is up 15% in the last week, but is still coming off a 50% dip. Its performance in the second quarter of this year was disastrous, but it appears to be on the mend.
However, significant uncertainties remain and it is not known how long this recovery will last.
