Home > Information news > Solana Dips By 3.5% In Hours Due To Surge in Scams, New Altcoin Presales Still Exploding

Solana Dips By 3.5% In Hours Due To Surge in Scams, New Altcoin Presales Still Exploding

Release: 2024/05/04 16:46 Reading: 961

Original author:Thecoinrepublic.com

Original source:https://coinmarketcap.com/community/articles/6633c7b012d8277c7e43d575

Solana Dips By 3.5% In Hours Due To Surge in Scams, New Altcoin Presales Still Exploding

The Crypto Market: Navigating Volatility and Scams

Despite the promise of substantial gains, the crypto market has become a minefield that requires savvy investors to tread carefully. As market volatility grows to unprecedented levels after the Bitcoin halving, scams have become popular, especially within the Solana ecosystem.

Since the start of the year, Solana has been home to thousands of meme projects, with a few providing massive gains. However, a recent study shows that up to 50% of these tokens launched are reported as fraudulent or contain elements of malicious intent.

This has led to a -3.5% price dip in Solana, and recovery to the upside may take a while. Nonetheless, the crypto market still has much more to offer, with new altcoins exploding in their presale events. They boast fantastic utilities that make them viable for long-term growth. Today's post shares more details about them. Read on and discover which coin you can add to your investment radar in 2024.

Dogeverse (DOGEVERSE): A Premier Multi-Chain Meme Crypto Ready For Massive Gains

Dogeverse is a new crypto that has garnered notable attention from Doge lovers and meme enthusiasts. It stands out from the rest of the Doge pack by introducing multi-chain compatibility. This feature allows it to develop across six blockchains, ensuring seamless transactions and minimal user fees.

The project started its deployment on the Ethereum network. It also bridges via Wormhole technology on Binance, Avalanche, Polygon, Solana, and Base blockchains. Furthermore, the token adds a staking mechanism into its ecosystem, incentivizing holders to lock their DOGEVERSE tokens indefinitely and enjoy crypto rewards.

This mechanism promises attractive yields, with an Annual Percentage Yield (APY) of over 80% at the time of writing. Dogeverse's presale has been phenomenal, raising over $13 Million within weeks. With its hard cap of $17 Million in view, investors still have a chance to enter the Dogeverse platform and secure its native token.

The meme crypto is worth your attention, as we can expect favorable listings post-presale and more high-end functionalities in the future. Grab some DOGEVERSE today and embrace the world, transacting seamlessly across multiple blockchains.

WeinerAI (WAI): A Meme Project That Fuses Artificial Intelligence And A Doge Theme

The meme coin frenzy continues as this next project, WienerAI, offers an exciting combination of dogs, sausages, and Artificial Intelligence. Since its entry into the market, its blend of humor and innovation has captured savvy investors and meme enthusiasts. Within a few days of launch, this project has amassed over $700,000 in capital.

The project's backstory is set in a fictional "New Silicon Valley," where a mishap resulted in a hybrid of a hotdog and a robot dog. This offers both narrative allure and potential utility. In addition, WienerAI issues an ERC-20 token, WAI, that offers high staking rewards to investors and has the potential to list on major exchanges post-presale. Also, it can be compatible with numerous decentralized applications and cryptos within the Ethereum network.

WienerAI aims to cultivate a robust community, named the "Sausage Army," via humor and engagement. Its presale introduces a tier-pricing system, encouraging early participation before subsequent price increments. Now is the time to get involved with WienerAI and enjoy explosive returns on investment in 2024.

99Bitcoin (99BTC): A Top-Notch Learn-to-Earn Altcoin

Deviating from the world of meme coins, 99Bitcoins emerges with a revolutionary token designed to incentivize crypto education. This popular crypto media platform has existed since Bitcoin's early days and is ready to transform web3 education by rewarding eager learners and users.

This project aims to reshape the $10 trillion education industry by introducing a Learn-to-Earn platform. It gives users XP points when completing courses, tutorials, and quizzes. As they accumulate points, they attain higher leaderboard rankings, unlocking more crypto rewards.

Central to this platform is its native token, 99BTC, which serves as a crypto reward and grants access to educational resources. Token holders can enjoy various utilities and perks within the platform, such as access to crypto signals, BRC20 tools, and a VIP community group. Also, they can enjoy passive earnings via the platform's staking mechanism, which offers 1,700+% APY.

99Bitcoins' presale is off to a great start, as it has raised nearly $1 Million in capital, with a current price of $0.00103. Users have an opportunity to invest in this educative project and enjoy potential price increases during and after the presale activities. Ensure you do not miss out on this amazing project.

5th Scape (5SCAPE): A Blockchain Project Ready to Revolutionize the VR Experience

5Th Scape is a new altcoin presale poised to transform the intersection of blockchain and Virtual Reality (VR) technologies. This project aims to feature amazing games, a specialized VR headset, and even a gaming chair. Central to its ecosystem, the 5SCAPE token serves as a medium of exchange and grants holders exclusive perks and discounts.

The project presale is gaining ground as it unfolds across 12 stages, each providing 5SCAPE tokens at a relatively higher price. With over $5.5 Million raised, early participation is critical, as you can enjoy up to 300% gains when the final round approaches.

It is noteworthy that the project team plans to release only 40% of bought presale tokens to investors, with the remainder vesting over eight months. This helps combat sell pressure and ensure the project's longevity despite market volatility.

5Th Scape offers something remarkable that allows early adopters to enter the VR blockchain revolution. There is no doubt that this project will deliver the best gains in the upcoming bull run. Don't miss out on its excelling presale event.

SpongeBob Token V2 (SPONGE V2): The Next Meme Project To Provide 100x Pump

SpongeBob Token V2 is the successor to the SPONGE token. It is ready to build on its original success, offering impressive 100x returns to early investors. This new project introduces novelty features by introducing a stake-to-bridge mechanism and a play-to-earn racing game.

The project introduces a stake-to-bridge mechanism to ensure seamless operations between the V1 and V2 tokens. Interested investors must first obtain Sponge V1 tokens and stake them to earn Sponge V2 as rewards. It is recommended that users stake early to take advantage of its staking rewards of over 150% APY.

After this phase, token holders can claim SPONGE V2 tokens and trade them on exchanges upon listings. Also, those who want to stake continuously can enjoy more passive earnings. In addition, the highly anticipated play-to-earn game is set to launch, which will add more value to the token. Players can earn and utilize Sponge V2 tokens within the game environment and have an immersive session.

Like its predecessor, SpongeBob Token V2 presents an enticing opportunity for investors and gaming enthusiasts with its staking and gameplay mechanics. As this project aims to solidify its position as the next 100x meme coin, ensure you align yourself with this project as soon as possible. Don't miss out on its attractive investment returns.

HypeLoot (HPLT): A Groundbreaking GambleFi Project

HypeLoot is another remarkable altcoin project that recently launched its utility token, HPLT, and is primed to be a leader in the GambleFi space. This token is currently priced at $0.10124 during its presale and is set to reach $0.15 upon exchange listings. Remarkably, the presale has raised nearly $1.5 Million.

HPLT token holders can receive a share of casino profits via staking; the higher the stakes, the greater the daily rewards. Presale contributors can access exclusive staking pools, making it a great choice to get involved early on. Take advantage of this altcoin presale and enjoy impressive profits soon.

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