With the recent jump in the meme coin market of 10.7% in just 24 hours, some lesser-known tokens are catching the eyes of investors.
While this market has historically shown how volatile it can be, BTC’s latest surge could move it toward profits in the next bull run.
Right now, presale projects that show some chance of getting significant traction include PlutoChain ($PLUTO) and Shiba Galaxy ($SHIBG).
Let’s check them out.
PlutoChain ($PLUTO) – Layer-2 Bitcoin Hybrid With Focus On Security
PlutoChain ($PLUTO) is looking to create a unique connection between Bitcoin’s security and the world of decentralized finance. Bitcoin has dominated the market, yet it’s been somewhat separate from the DeFi world, until now.
PlutoChain’s goal is to close this gap with a hybrid Layer-2 blockchain design that allows DeFi functions to be integrated directly with Bitcoin’s network.
The core concept behind PlutoChain is to merge the best of both worlds, Bitcoin’s security and the flexibility of DeFi – which may get it a lot of attention upon launch.
That’s why $PLUTO is looking to bring smart contracts to Bitcoin – so crypto enthusiasts can use BTC for more than just store value. Instead, they will also be able to build apps like DeFi apps, meme coins, AI, NFTs, and so on.
Bitcoin is the largest asset in the industry – and if the project succeeds in helping you build smart contracts on it, it could be huge.
We saw how big DeFi was in the last cycle on Ethereum – now it could be even bigger on Bitcoin.
Central to the PlutoChain ecosystem is its native token, $PLUTO. Currently, in its presale phase, $PLUTO is priced at an accessible $0.102, allowing early supporters a chance to invest before the price will go up in the next stage.
PlutoChain’s integration with EVM is also worth noting because this allows developers to take applications built on Ethereum and migrate them to Bitcoin through PlutoChain, which could open up the Bitcoin network to a much wider range of DeFi uses.
Security is a top priority for the team. To ensure the platform remains a safe environment for investors, the team has worked closely with SolidProof who have conducted an audit of PlutoChain.
For those interested in the ongoing developments and social excitement surrounding $PLUTO, the project has a presence across social platforms – including Twitter, Discord, and Telegram.
Many crypto enthusiasts have missed the chance to be involved early on on Solana and Kaspa – but this could be a chance to become part of an early stage project whether it’s as investors, builders or simply users.
Shiba Galaxy ($SHIBG) – Meme Coin Presale Based on Popular Doge Theme and L2 Technology
Shiba Galaxy ($SHIBG) is not just following the hype – this new project is looking to position itself differently from typical meme tokens.
Rather than just banking on the hype, Shiba Galaxy wants to solve some problems in the crypto world by leveraging a new Layer-2 solution.
Meme coins have gained popularity for their fun, community-driven approach, but Shiba’s development could bring actual utility and practicality into the mix.
Unlike traditional meme coins that stick to existing networks, $SHIBG has created its own Layer-2 solution to try and address issues that are all too familiar to anyone who’s used the Ethereum network.
By processing transactions off the main Ethereum chain, their Layer-2 network could handle transfers at a faster pace with reduced fees.
Shiba Galaxy is in its presale phase, with tokens available at a starting price of $0.111. There’s the option to buy $SHIBG with USDT or USDC, and even a credit card.
Shiba Galaxy has also created the “Shiba Galaxy Builders Collective,” which offers a unique opportunity for developers to create their own projects within the Shiba Galaxy ecosystem.
The Builders Collective has set up a grant program to support these projects, aiming to attract developers who want to bring real value. This initiative gives $SHIBG holders a voice, so they can suggest features or vote on upcoming platform changes.
Pepe ($PEPE) – Hits a New ATH and May Continue to Surge
Pepe (PEPE) has been on a roll lately, hitting a new all-time high at $0.00001896, reflecting a remarkable 43% increase over just the past 24 hours, according to data from CoinGecko.
The factor that played a major role in this upward trend is Coinbase’s upcoming listing of PEPE for spot trading.
Coinbase’s Chief Legal Officer, Paul Grewal, recently shared that PEPE would soon be available on the platform. Just the anticipation of a listing on a major exchange like Coinbase was enough to drive $PEPE prices up.
In the next few weeks, it’s worth keeping an eye on it to see if it can continue this surge.
The Bottom Line
Trump’s victory caused a surge in the market, and there’s a chance this will set off another big rally for meme coins. Right now, the tokens currently generating interest are presale projects like PlutoChain ($PLUTO) and Shiba Galaxy ($SHIBG). It might be a good idea to look into these projects, especially if the buzz continues after launch.
