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Dogecoin, DogWifHat Among Biggest Meme Coin Losers but Some Traders Remain Bullish on New Entrants STARS and WEPE
Despite a market downturn affecting many established meme coins, two newcomers are bucking the trend. While Dogecoin and DogWifHat have suffered significant losses, Crypto All-Stars (STARS) and Wall Street Pepe (WEPE) continue to gain traction.
Crypto All-Stars has just completed a presale phase that raised an astonishing $26 million, demonstrating that investors remain enthusiastic about innovative projects. The MemeVault platform within STARS is particularly noteworthy, as it allows users to stake 11 different meme coins and earn tokenized rewards. This unique feature has attracted the attention of influential figures like ClayBro.
Meanwhile, Wall Street Pepe has already raised over $32.8 million in its presale, making it one of the fastest-growing pre-launch projects ever. Unlike other meme coins, WEPE offers actual utility by providing trading signals, alpha calls, strategies, tips, and even trading competitions with rewards in the form of WEPE tokens. This focus on offering a genuine trading advantage has piqued interest among investors.
The attention surrounding these projects could be a sign that the meme coin sector is finally maturing. While it’s true that some established meme coins have taken a hit, STARS and WEPE are proof that innovation can still attract investors even in challenging market conditions.
Source: cryptopotato.com
