As Bitcoin approaches $100,000, investors are turning their attention to altcoins, such as Pepe Unchained, Flockerz, and Stacks, which offer unique features and strong growth potential.
Pepe Unchained
Pepe Unchained is pioneering the Ethereum ecosystem by launching the first Pepe-themed Layer 2 blockchain. The Pepe Chain reduces costs and enhances speeds compared to Ethereum, catering specifically to meme coin trading. Its flagship meme coin generator, Pepe Pump Pad, enables users to create their own meme coins without coding knowledge.
Additional features include staking, a block explorer, an Ethereum bridge, and a decentralized exchange. With Ethereum's dominance in the market (with a TVL of $59 billion), Pepe Unchained is poised for significant growth, especially considering the enthusiasm for meme coins on Solana. The project is currently undergoing a presale and has raised $40 million to date.
Flockerz
Flockerz is another innovative project that challenges meme coin conventions. Featuring a whimsical bird-themed image, Flockerz is creating a first-of-its-kind Vote-to-Earn decentralized autonomous organization (DAO). Amidst soaring crypto prices, this novel utility sets Flockerz apart from other meme coins, which typically compete on artwork and community size.
Flockerz's community is empowered to make all decisions related to the project's future through voting, and they are rewarded for their participation. This approach ensures transparent, fair decision-making that aligns with the community's interests. Flockerz holders can also stake their tokens to amplify their rewards, currently earning an 814% APY (though this rate will decline over time).
Stacks
As Bitcoin approaches $100,000, ecosystem tokens related to it are experiencing positive growth. Stacks is one such project, being Bitcoin's leading Layer 2 option. Much like Pepe Unchained's role in Ethereum, Stacks offers reduced costs and increased speeds for Bitcoin. However, Stacks also introduces smart contract functionality, which Bitcoin lacks.
With Bitcoin's market cap at $1.92 trillion, Stacks' smart contract capabilities open up new use cases, such as DeFi. Grayscale recently released a report highlighting Stacks' ability to bring smart contracts and decentralized applications (dApps) to the Bitcoin ecosystem while leveraging its robust network security.
Currently, Stacks is valued at $1.92, representing a 4.55% increase today and a 4.9% climb this month. Its market cap stands at $2.89 billion, with a 24-hour trading volume of $277 million.