The Next Big Meme Coin Revolution: A New Era for Upcoming Crypto Projects

December 6, 2024
4 min
Innerly Team
Pepe Unchained's $73M presale signals a strong debut. Explore whale investments, meme coin launchpads, and the future of new crypto coins.

The world of cryptocurrency never sleeps, does it? There's always something new brewing, but what really makes some projects stand out? In this post, I'm taking a closer look at the role of whale investments, meme coin launchpads, and who gets the chance to create new coins. What does it all mean for the future of new crypto coins? Let’s dive in.

The Meme Coin Market is Back

We're on the brink of a fresh meme coin supercycle, spearheaded by Pepe Unchained, set to launch in December. This one got people's attention. It raked in $73 million during its presale, which is quite a feat in the current market. The launch and claim is slated for Tuesday, December 10th, at 2 PM UTC.

Their initial listing is expected to be on Uniswap, giving us a chance to catch it early. They even hinted at a major centralized exchange listing to come alongside the DEX launch.

The Whale Effect: Blessing or Curse?

Whales hold immense power, and their presence is undeniable. The Pepe Unchained ICO raised a phenomenal $73 million. Whale investors, they’re our silent (or not-so-silent) partners. From the initial coin offering, this thing has been propelled by their buying power. One whale bought $500,000 worth of $PEPU in one go. Another spent a solid $220,000. And that’s just a taste!

It's no wonder many suspect there's solid performance waiting just around the corner.

But here's the catch — The influence of whales can drastically skew the decentralization.

The cryptocurrency world was built on the hopes of decentralization yet many tokens end up being controlled by a small handful of wallets. We see that with a lot of coins. This level of concentration can wreak havoc on the market as they can manipulate demand, drive volatility and liquidity.

Meme Coin Launchpads: The Double-Edged Sword

Meme coin launchpads have returned, and they can be a double-edged sword. We know they can be great for raising funds and can lead to more projects getting off the ground. But there's also the risk of market saturation.

The return of new cryptos launching soon is hot on everyone’s lips. New meme tokens with utility are gaining traction. This time, Pepe Unchained is releasing a meme coin launchpad on Ethereum, letting anyone create a new token in a couple of clicks. You don’t need to be a developer. You don’t need a team to do it. It's about the community.

The Fine Line Between Opportunities and Risks

There’s definitely pros and cons. These new ways are giving people access but are they doing so at the cost of quality and stability?

The advantages are clear, as we now have a chance to get in early, at a cheaper price. But are we also introducing more risks?

Through launchpads, there is a significant emphasis on security and verification. Some presale platforms make sure projects pass all hoops to make sure they're legitimate. They’ll have a governance structure, and they're more transparent.

But is that enough to offset the increase in new cryptos launching soon, and can we trust the people behind them?

The Future of New Cryptocurrency Release 2023

In lieu of all this, it's clear that whale-backed projects and meme coin launchpads can serve as a litmus test. They can tell us how the market is feeling. Now we need to tread cautiously as we're still in a time of uncertainty.

Will we be able to avoid the infamous pump-and-dump cycles, or will the cryptos that rise in December also fall in the same month?

The new wave might be starting, but the question remains if we will be able to ride the wave instead of getting swept under it.

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Innerly Team
Disclaimer

Quadratic Accelerator is a DeFi-native token accelerator that helps projects launch their token economies. These articles are intended for informational and educational purposes only and should not be construed as investment advice. Innerly is a news aggregation partner for the content presented here.