Although many major cryptocurrencies continue to struggle, several tokens have been pumping recently, and some well-known analysts have given us their top picks.
According to these top traders, while coins like Bitcoin and Ethereum have remained stagnant, some new cryptos are ready to explode. Let’s take a look at five coins traders are backing right now.
Wall Street Memes
Wall Street Memes is a new presale meme coin which has caused a massive stir since its release six days ago. The project launched its presale with a community of over one million followers across all its social channels.
So far, the presale has raised a considerable $1.8 million. It is currently in its third round of 30, priced at $0.0259. The final presale round’s price is $0.0337, providing traders who buy at the current price a 30% discount.
YouTuber Crypto Gains discussed the coin recently, highlighting its proven track record and vast community.
Wall Street Memes is an established brand inspired by the Wall Street Bets Reddit group. It began in 2021, initially releasing an NFT collection, “Wall St Bulls”, which sold out in 32 minutes and currently has over 1,863 ETH in total volume.
Since then, the project has amassed over one million social media followers, gaining notable mentions on Twitter from Elon Musk.
The team released the Wall Street Memes meme coin to “tokenise the movement”, referring to the Wall Street Bets Reddit group. Its ethos is to enable the average investor to get rich off useless meme coins.
Considering the project roaring presale success, the community is in full support of the token so far.
yPredict is another popular new presale crypto that leverages AI and machine learning to provide users with predictions of future events based on historical data.
The project provides numerous innovative mechanisms, ranging from AI-powered crypto price forecasts to a built-in trading terminal.
The famous crypto YouTuber Michael Wrubel covered yPredict in a recent video, comparing it to the Bloomberg financial tools but for crypto.
Regarding yPredict offering price predictions, the video highlighted the benefits of yPredict utilising AI compared to traditional price predictions. Wrubel explained how AI uses vast amounts of data to provide price predictions, potentially leading to higher accuracy.
Another one of the project’s key features is its predictive model marketplace. Data scientists and quants can create and sell predictive models to forecast future events on the yPredict platform and earn monthly recurring subscription fees.
$YPRED holders can also partake in the project’s DAO, which will quality test each predictive model, ensuring only accurate, high-quality models are listed on the marketplace.
So far, yPredict has raised $1.9 million in its presale and has a current price of $0.09. Following its presale, the token will be listed on exchanges, with its initial price at $0.12. This equates to a 33% rise from its current price.
Launchpad XYZ aims to be an all-in-one crypto platform where users can do everything from browsing different metaverses to executing trades with automatic robots.
The project is currently early in its presale. Having raised $800K, investors can still buy the $LPX token for a considerable discount. The current $LPX price is $0.0445, and its listing price is $0.0565. However, the Launchpad website’s slogan is “Find the next PEPE before it explodes”.
The slogan refers to the massive upside potential of the token since it holds so many different use cases.
Clilinix Crypto covered Launchpad XYZ recently, claiming it could have 10X potential. The main point that the YouTuber highlighted was that for new users starting in crypto, there is no single website they can go to analyse the markets.
This creates a steep learning curve for new users and is a significant barrier to adoption that Launchpad XYZ aims to solve. The Launchpad XYZ whitepaper even states it aims to “onboard the next 10 million users to crypto.”
$LPX will be the project’s utility token, meaning users will require it to pay for services on the platform.
Another exicting new crypto that’s being backed to pump is Ecoterra, which is looking to fight climate change through a “Recycle2Earn” mechanism. The project comes with a range of new features, essentially aiming to serve the circular economy while leveraging the benefits of blockchain.
Users can recycle their used goods in ecoterra’s Reverse-Vending Machines (RVMs) and earn $ECOTERRA as a reward. The platform will use a revenue share model to facilitate the rewards, distributing the recycled goods across the supply chain.
In a recent analysis, YouTuber, Crypto Moonlight, broke the project down, highlighting that it has the potential to make “insane profits”. One of the key points that the video highlighted was that the project has made several high-profile partnerships and has a fully-doxed team.
The team has already secured partnerships with the likes of San Pellegrino, Heinekin and Dr Pepper. The partnerships will enable ecoterra users to recycle goods from these brands into the RVMs for rewards.
On top of this, the platform will feature B2B recycled goods and carbon offset marketplaces, empowering businesses to make more sustainable choices with the benefits of blockchain.
Ecoterra is currently in its presale, priced at $0.0085, having already raised over $4.5 million in its presale. The listing price is set at $0.1. However, many traders expect the price to pump following its IEO, considering the multiple use cases and partnerships the team have secured.
DeeLance is a blockchain-powered freelancing and recruitment platform currently undergoing its token presale. The current $DLANCE price is $0.038, and the project has a listing price of $0.057. This equates to a 50% discount for traders who purchase today, likely why popularity has been soaring recently.
So far, the project has raised $1.2 million, and YouTuber Jacob Bury recently said the token could 10X, highlighting it has “massive potential”.
Jacob compared the project to websites like Fiverr, Upwork and Freelancer; however, DeeLance provides several added benefits thanks to its incorporation of blockchain technology.
In an increasingly globalised and digitalised world, DeeLance seeks to connect recruiters and freelancers while fixing some of the core issues legacy freelancing platforms face.
The platform is fully decentralised; therefore, there are no intermediaries, and job placements and escrow are facilitated by smart contracts on the Ethereum network.
DeeLance will also offer client fees of just 2%, compared to legacy platforms charging up to 20%. The lesser fees result from DeeLance’s decentralisation, so there is less operating cost.
The also platform comes with numerous other advantages over legacy freelance sites; for example, DeeLance offers a scalable dispute system and content ownership through NFTs.
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
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