It’s been a crazy few days in the meme coin space, with an abundance of projects emerging and shaking up the market.
$4CHAN continues to slide after hitting a high on June 21, while fellow meme coins $420CHAN and $BITCOIN are on the rise.
With the constant flux in the meme coin market, traders are now looking for ways to stay updated on the latest opportunities – and Wall Street Memes and yPredict have emerged as platforms that can help in this regard.
Meme Coin Frenzy Resumes as Several Coins Experience Exponential Price Increases
Meme coin mania is back on the menu – yet $4CHAN has been unable to sustain the momentum it showed in early June.
After rocketing over 1,500% in the space of two weeks, the 4CHAN token has now dropped off massively as early investors look to cash in while they can.
Since June 21, the $4CHAN price has plummeted over 75%, with many investors speculating that the token could go all the way to zero.
Unfortunately for $4CHAN bulls, the token’s heyday appears to be behind it – yet that doesn’t seem to be the case for $420CHAN and $BITCOIN.
Data from CoinMarketCap reveals that $420CHAN boasts a trading volume of over $3 million in the past 24 hours, which has helped increase the token’s market cap by a whopping 117%.
The token had a remarkable run-up on Tuesday, with early investors generating gains of 587%.
Although the $420CHAN price has pulled back from Tuesday’s high, token holders are hopeful that this bearish momentum is only temporary – and that price can recover and resume its upward trajectory.
Traders are also closely watching HarryPotterObamaSonic10Inu – or $BITCOIN for short.
Per CoinGecko, $BITCOIN is easily outperforming the global crypto market, with the token’s price now 2,088% higher than at the beginning of June.
The recent surges of $420CHAN and $BITCOIN have sparked massive interest in small-cap tokens, with DEXTools.io reporting that all of the top crypto gainers over the past day are meme coins.
With the broader crypto market also experiencing an uptick, it looks like a period of heightened excitement and potential profitability for traders in the meme coin niche.
How Can Traders Find the Next Big Meme Coins?
Given the meme coin niche’s fast-moving nature, traders are turning to new and innovative platforms to gain the upper hand in the market.
Two such platforms are Wall Street Memes and yPredict, which are both primed to empower meme coin enthusiasts once they make their exchange debuts in the coming weeks.
Wall Street Memes Unites Meme Coin Lovers to Create Huge Growth Potential
Wall Street Memes ($WSM) is a new meme coin that draws inspiration from the WallStreetBets subreddit, which was heavily involved in the GameStop short squeeze that occurred in 2021.
Although Wall Street Memes isn’t directly connected to this subreddit, the project also incorporates hilarious market-themed memes – an approach that has helped it create a colossal community of over 1.1 million “degens.”
This vast community backing has helped the Wall Street Memes team achieve success in the past through the launch of Wall St Bulls NFTs – a 10,000-strong collection that sold out in 32 minutes.
By launching the $WSM token, Wall Street Memes’ team aims to give back to the community and allow token holders to gain financial exposure to the community’s growth.
Per the project’s whitepaper, Wall Street Memes also plans to launch an exclusive “gated community” and partner with high-profile influencers – both designed to boost $WSM’s value.
Although $WSM hasn’t officially launched on CEXs yet, early-bird investors can still buy the token through the ongoing presale phase, which has raised nearly $11 million.
$WSM tokens are currently on offer for just $0.0304 – a discount on the planned exchange listing price.
Visit Wall Street Memes Presale
yPredict Empowers Traders with Advanced AI-Powered Analytics
yPredict ($YPRED) differs from Wall Street Memes in the sense that it’s not a meme coin.
Instead, yPredict is a fully-fledged crypto analytics ecosystem, filled with many tools and services designed to help traders obtain a competitive edge in the market.
These tools are also ideal for uncovering high-potential meme coins before they explode in value – a factor that has led to over 20,000 people joining yPredict’s waiting list.
As outlined in the project’s whitepaper, yPredict will boast AI-powered trading signals, advanced technical indicators, trader sentiment analysis, and even automated chart pattern recognition.
On top of that, yPredict will also allow traders to subscribe to cutting-edge predictive models created by machine learning (ML) experts.
$YPRED, yPredict’s native token, will fuel the platform – used to pay fees and for staking.
The yPredict presale is now in Stage 6 out of 8, with $YPRED tokens available to purchase for just $0.09.
This means would-be investors only have a short time to acquire $YPRED at a low price point, ahead of the token’s exchange debut in the next quarter.
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