Thecryptomarkethasbeenveryboringoverthepastfewmonths.Bitcoin(BTC-USD)hasdeclinedsignificantlyfromitsrecentall-timehighandcouldmovelower.
Thecryptomarkethasbeenveryboringoverthepastfewmonths,butsomememecoinsarestilldoingverywellinthecurrentcycle.Ithinkitisworthlookingintosuchprojects,ascryptotraderspileintotheareasofthemarketwherethemoneyisheaded.Ofcourse,I’dalwayssuggestthatinvestorsonlyput“funmoney”intomemecoins,sincethesearenotlong-terminvestmentsandaremorelikeshort-termlotterytickets.Withthatsaid,herearethethreenewandexcitingcryptostoconsiderrightnow.Non-PlayableCoin(NPC-USD)isamemecryptoandNFT-hybrid,inspiredbythenon-playablecharactermeme.Thetoken’smottoisahomagetothephrase“Isupportthecurrentcoin.”EachtokenisconvertibleintoanNFTatarateof1:1,anditstotalsupplyisequaltothetotalhumanpopulationasrecordedon26July2023(8,050,126,520tokens).Currently,NPCtradesondecentralizedexchangeslikeUniswap(UNI-USD)andEthereum(ETH-USD)basedexchanges,aswellascentralizedexchangeslikeCoinbase(NASDAQ:COIN).Thisprojecthasbeenoneofthemostimpressiveperformersoverthepastfewmonths.Thetoken’sexplosivepriceactionhasseennosignofstopping,withtheNPCcryptogainingmorethan177%overthepastmonthasofwriting.Ibelieveithasthelegstoclimbevenfurthersincemanynon-dogmemecoinslikePepe(PEPE-USD)andNotcoin(NOT-USD)havedonesointhecurrentcycle.SuperTrump(STRUMP-USD)isakindofcryptocurrencyhomagetothepoliticallegacyofDonaldTrump,the45thPresidentoftheUnitedStates.ThisprojectaimstocreateadigitalecosystemthatupholdsTrump’sprinciplesoflimitedgovernmentandfree-marketeconomics.ThiscryptoisnotaffiliatedwithTrump,butmanyTrump-relatedmemecryptoshavedonewellthiscycle.STRUMPisoneofthemorebullishnamesrightnow,gaining241%overthepastmonth.Ibelievetherearemanycatalyststhatcouldsendthismemetokenevenhigher.TrumpisscheduledforhissentencinginJuly,andthatcouldcatalyzealotofpresscoverageforhimandhiscampaign.Moreover,Trumpwilllikelydobetterinthecurrentelection,judgingbythepollnumbers.ThatshouldleadtoalotofhypearoundpoliticalmemecoinslikeSTRUMP.NohugeAsianmemehasbeenturnedintoamemecoin.BiaoQing(BIAO-USD)aimstobeagame-changerinthisregard.ThisprojectisbasedonthefamousAsianmemeBiaoQing,apandawithhumanfacialexpressions.I’darguethisistheequivalentofPepeintheWesternworld.SeenineveryAsianchatroomandusedasemojisbyEasterners,BIAOisthemostpopularmemeglobally.WithmoreAsianinvestorscomingintothecryptosceneeveryday,Ithinkitcouldgainalotmoretraction.BIAOhasonboardedfamousinfluencers,islistedoncentralizedexchanges,hasformedpartnerships,andhasalsoreleasedTelegramgames.Thus,Ithinkthistokenhasmoreusecasesthanmostmemecoinsofitssize.Theproject’smarketcapsitsatjust$16million,andBIAOcryptohassurged147%overthepastmonthalone.Indeed,there’sagoodchancethisAsianmemecoincouldbeoneofthetopnames,asmoreAsiancryptoinvestorsflocktotheblockchain.
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