The Fear & Greed Index shows the crypto market is indecisive (or cooling off after the pre-holiday rush). $BTC stands at $94K, $ETH at $3.3K, and $XRP at $2.14. Most tokens were in the red this week, but that doesn’t mean there’s no hope for a bullish turn.
Seasoned traders know you should always buy the dip. They also know to buy early, as evident from the frenzy around presales like Solaxy ($SOLX), Flockerz ($FLOCK), and Meme Index ($MEMEX).
Let’s unpack the cryptocurrency market’s state today – and what early-stage altcoin projects might secure your tomorrow.
Crypto Prices Update: $BGB & $PENGU Rise, $XRP Struggles
$BTC dipped 6% after it failed to break above the $101K resistance zone yesterday. The monthly high of $108K appears out of reach in the near future, but things may change when Trump steps into office.
$ETH’s performance was not unlike $BTC’s. Turbulent is the word. $XRP had it the worst – despite the number of XRP wallets growing, the token could only briefly cross the $2.28 zone this week.
Bitget Token ($BGB) is the undisputed top gainer with a recent price surge to around $7.68 and a market cap of approximately $10.75 billion. Other weekly leaders include FTX Token ($FTT), Virtuals Protocol ($VIRTUAL), Zcash ($ZEC), and Pudgy Penguins ($PENGU). The latter is now the fifth-largest meme coin by market cap, above $WIF and $FLOKI.
On the other hand, $FARTCOIN lost 13.22% of its value – not that it’s surprising for meme coins relying solely on speculation.
Among categories, we’ve witnessed a spike in interest for exchange-based (+6.6% market cap change) and AI (+17%) tokens. Cat-themed tokens like $POPCAT and $MOG are losing ground to the dog pack, like $WIF and $FLOKI.
Early Bird Gets the Worm
It’s not easy to jump on a train that departed in 2009. $BTC may still offer long-term potential, but it’s unlikely to surge like fresh meme coins – at least in the short term.
That’s why gutsy investors turn to presale crypto. Lower entry points and higher staking rewards allow you to amplify potential returns.
$SOLX is one such project. Within two weeks from launch, it raised $6M and garnered over 30K X followers. The reason? Solaxy is the world’s first Solana Layer-2 solution for meme coins. It promises no more congestion, high fees, and failed transactions.
While $FLOCK may not boast $SOLX’s rapid fundraising pace, its community-centered governance model gives it the potential for sustained growth. The revolutionary Vote-to-Earn system lets you earn tokens by voting on project development proposals.
In 26 days, $FLOCK will list on DEXs at a higher price, so now is the last chance to secure your share of tokens at $0.00653.
$MEMEX continues the trend of meme coins with real utility. Every investor’s biggest hurdle is picking which project to bet on. Meme Index helps to diversify your portfolio and spread the risk.
It achieves this with 4 meme coin indexes catering to different risk appetites: Titan is the least volatile and features top coins like $DOGE and $SHIB; Moonshot and MidCap include mid-tier tokens; and Frenzy offers the highest potential returns through new projects.
The presale had just kicked off and has already raised $577K. One $MEMEX now costs $0.0146285, but the price will increase shortly.
Stay Grounded in This Volatile Market
Suspicions are high that the current market state is just a temporary correction, not the end of the bull run. And it could, in fact, be an opportune time to grow your portfolio at discounted prices.
Remember to do your own research and diversify your investments. No project can guarantee returns, so invest only as much as you can potentially lose.
