The crypto market experienced spectacular growth in 2024. However, this sector remains complex, often plagued by scams and high volatility. The crypto market faces a significant correction after Bitcoin surpasses the $108,000 mark. Today, BTC is trading at $94,225, reflecting an 11.97% decline over the past week.
The Fear and Greed Index has also dropped significantly to 55%. This reflects the fact that crypto market participants are no longer as optimistic about the market’s future. The index rises when crypto investors are driven by “greed,” meaning they expect profits, and falls when they are marked by the fear of massive sell-offs.
As the crypto market faces deep price fluctuations, pre-sale projects are increasingly capturing the attention of crypto enthusiasts. Early-stage crypto investments can bring substantial gains to early investors. Driven by the utilities they offer to market participants, Wall Street Pepe and Solaxy are gaining more and more relevance among pre-sale tokens.
Wall Street Pepe has raised over $35 million in three weeks of its pre-sale
Wall Street Pepe ($WEPE) has been gaining ground in the crypto market recently. The new project combines humor with utility. Its concept is based on transforming the crypto community’s favorite—Pepe—into the “wolf of Wall Street” dressed in a sharp suit. The project aims to create a WEPE army of crypto investors or followers who provide up-to-date investment advice.
The project’s community, also known as the WEPE army, offers $WEPE token holders access to a private trading group. Participants can share information about market trends or other trading strategies within this crypto community.
Wepe hates crypto whales who trade with access to exclusive trading information. Thus, the frog aims to reduce inequality in the crypto market and provide opportunities to smaller investors as well.
The project’s community, also known as the WEPE army, offers $WEPE token holders access to a private trading group. Participants can share information about market trends or other trading strategies within this crypto community.
Wepe hates crypto whales who trade with access to exclusive trading information. Thus, the frog aims to reduce inequality in the crypto market and provide opportunities to smaller investors as well.
Furthermore, the project aims to provide a much more enjoyable experience for the WEPE army by organizing weekly trading competitions. In other words, community members can showcase their best trading strategies in a contest, and the winners with the best trades will be rewarded with $WEPE tokens. For these rewards, Wall Street Pepe has allocated 15% of the total token supply of 200 billion.
$WEPE tokens can be purchased through the official pre-sale website by connecting a crypto wallet such as Best Wallet, MetaMask, or Coinbase Wallet. The price of one token is $0.0003653 and increases as the pre-sale progresses.
Solaxy, the new project on Solana, aims to provide more efficient trading solutions
Solana has been increasing its influence in recent years, with its cryptocurrency becoming the 6th most popular on the market by total value. The network has gained popularity, especially among meme coins, due to its ability to handle more transactions than Ethereum, with comparatively lower fees.
However, its growing popularity is creating issues for crypto holders as it becomes increasingly crowded with meme coins. However, they are not the only culprits. Applications like the game ORE also contribute to high network capacity consumption. Solaxy, the new coin launched in pre-sale, emerges as a Layer 2 solution to the shortcomings encountered on the Solana network. While Solana developers are actively working on resolving these issues, the solutions are not sufficient to fully address the network’s scalability.
Solaxy is more than just a solution for Solana. It aims to create a bridge between Ethereum and Solana, two of the most popular blockchain networks in the crypto market. By connecting these ecosystems, Solaxy creates multi-chain power for DeFi application developers and investors.
The $SOLX token will be central to this new ecosystem, enabling users to move more efficiently between the two ecosystems. Solaxy introduces new technology designed to offer faster transaction speeds, lower fees, transparency, and security for the DeFi ecosystem.
The utility Solaxy offers participants in these ecosystems quickly caught the attention of crypto investors looking for solutions. As a result, the project has raised over $4.5 million in less than a week since its pre-sale launch. Currently, the price of one SOLX token is $0.001578.
Investors are attracted by the low price and the returns they can earn from staking, with an APY of 860%. Over 1.3 billion $SOLX tokens have already been staked, demonstrating long-term investor interest in the new coin. Tokens can be purchased by connecting a crypto wallet to the widget on the official website in exchange for ETH, USDT, BNB, or via credit card.
Important: This article does not constitute investment advice. Before investing in crypto projects, it is essential to individually analyze each project, understand the associated risks, and draw conclusions regarding their profitability.