The crypto market is falling amid fears of a US recession, following the same downward plunge as the stock and futures markets. At least in the short-term, crypto investors are facing the prospect of another bear market.
The stock, futures, and crypto markets are all experiencing a downturn amid fears of a US recession. While this could signal the start of another bear market for crypto, there are still opportunities for savvy traders who know where to look.
In particular, new crypto tokens can defy the broader market trend and deliver outstanding gains for early investors. Here are 3 new meme coins that could soar during a bear market this August.
Pepe Unchained is a new Layer-2 network for Ethereum that’s centered around the popular Pepe meme. It’s the first Layer-2 network that’s designed specifically for memes, and it could become the next hub for meme coin development and trading, rivaling Solana and Base.
Pepe Unchained is designed to be highly scalable, fast, and low-fee. According to the development team, this Layer-2 chain is 100x faster than Ethereum and it offers seamless bridging between its native $PEPU token and $ETH.
$PEPU will be used to pay for transactions on the Pepe Unchained network, ensuring that demand for the token will increase as more traders begin to use the chain. In other words, the more meme coin trading that takes place on Pepe Unchained, the higher the price of $PEPU could go.
During the Pepe Unchained presale, which is happening now, early investors can get $PEPU for only $0.0089105 and stake their tokens to earn generous rewards of 265% APY. The presale has already raised more than $7.3 million, showing just how excited traders and investors are about this project.
The next price increase in the Pepe Unchained presale is just 2 days away, so don’t miss this chance to lock in the best price for $PEPU.
PlayDoge is a fun new meme coin and play-to-earn game that could go viral. It features a play-to-earn game that’s inspired by Tamagotchi, the 1990s-era companion pet game that sold more than 82 million devices around the world at its peak.
PlayDoge gives players the chance to care for a virtual doge pet and earn $PLAY tokens for their efforts. They can then redeem $PLAY for in-game upgrades, making it even easier to earn coins in the future. PlayDoge also expands on Tamagotchi’s core companion pet gameplay with 20 side adventures that are inspired by classic video games like Super Mario Bros.
PlayDoge will be available as a mobile app for iOS and Android, making it far more accessible than Tamagotchi—which required players to purchase a physical device. Thanks to this innovation, PlayDoge has the potential to reach hundreds of millions of players around the world. It could even appeal to many non-gamers who loved Tamagotchi, but aren’t usually into video games and haven’t tried any other play-to-earn games.
$PLAY is available to buy now during the PlayDoge presale at a discounted price of $0.00526. The presale has raised nearly $6 million and analysts like Jacob ‘Crypto’ Bury have called $PLAY the next 10x crypto game token.
The price for $PLAY is going up in less than 2 days, so there’s no time to wait to join the PlayDoge presale.
Base Dawgz is a cross-chain meme coin that’s designed to be highly useful for crypto traders and developers who use multiple blockchains. The project’s $DAWGZ token is built on Base, Coinbase’s Ethereum Layer-2, but offers native versions on Ethereum, Binance Smart Chain, Avalanche, and Solana.
That means anyone holding $DAWGZ can easily ‘base jump’ from one network to another seamlessly and with minimal fees. Base Dawgz is more than just a meme coin—it’s also a must-have utility token for traders who want to quickly move capital from one chain to another.
The excitement around the Base Dawgz presale reflects just how needed a solution like this is in the crypto market. The project has already sold more than $2.8 million worth of $DAWGZ tokens and it appears likely that the presale will sell out early. Plus, for a limited time, $DAWGZ investors can stake their tokens and earn a whopping 962% APY.
Base Dawgz is generating even more hype—and rewarding early investors—with a share-to-earn incentive during its presale. Token holders can connect their X account to the $DAWGZ presale site, then earn points towards a token airdrop by re-sharing content from the Base Dawgz X account. It’s a powerful way to encourage Base Dawgz investors to spread their love for the project.
The next price increase in the Base Dawgz presale is just 14 hours away, so
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