The Pepe Coin ($PEPE) is one coin that has attracted a lot of interest in the meme-coin frenzy that still exists in the cryptocurrency sector.
Midway through April, the value of the digital asset unexpectedly increased by nearly 7000 times.
Investors now question whether they missed the chance since the token has experienced a big decrease thereafter.
However, the three currencies AiDoge ($AI), DeeLance ($DLANCE), and Maker ($MKR) still have a ton of room for growth.
Could this be a practical way to access these crypto tokens? Market experts concur.
While the cryptocurrency market is booming, $PEPE declines
At the time of publication, the $PEPE token is trading at $0.0000014, with a $111 million 24-hour trading volume.
The digital asset, which has a market valuation of more than $560 million and ranks 75th overall, has witnessed a decrease of 1.39% over the last 24 hours.
Form-wise, $PEPE has been minimal. These currencies, however—AiDoge ($AI), DeeLance ($DLANCE), and Maker ($MKR)—might be interesting to investors looking for extra market prospects.
These tokens, unlike meme currencies like $PEPE, have a smaller market size and the potential for large upside gains.
AiDoge ($AI)
AiDoge ($AI) gets the top place as a ground-breaking social platform that transforms meme generation with state-of-the-art generative artificial intelligence (AI) technology.
The platform’s cutting-edge AI algorithms allow users to create memes, and if those memes are successful, they may earn bitcoin.
It successfully raised approximately $14.9 million during the presale of its native coin, $AI, which ended at stage 20. The cryptocurrency is still available for purchase, nevertheless, at the $0.0000336 listed price.
Fundamentally, AiDoge uses cutting-edge machine learning algorithms to continually generate an infinite stream of entertaining and intriguing memes.
With the use of vast databases of existing memes, these AI systems have been trained to recognise patterns, humour, and cultural allusions. As a consequence, the created memes by AiDoge are pertinent and customised to each user’s interests.
Once creators have created their memes, they may post them on the public wall and let the community vote on the ones they like most.
This platform’s ground-breaking « meme-to-earn (M2E) » idea, which enables top producers to earn passive revenue, has received a lot of attention from the cryptocurrency community.
The $AI token has three main uses: buying credits to use AI technology to create memes, staking for rewards and extra perks, and acting as the medium of exchange for rewarding community members and producers.
Industry observers anticipate a big upturn for the $AI token due to the project’s compelling value proposition and real-world application.
The $AI token from AiDoge stands out in a market filled by meme currencies with little practical use, like Pepe ($PEPE).
DeeLance ($DLANCE)
With a successful presale of the $DLANCE token that exceeded $1 million, DeeLance is making ripples in the cryptocurrency sector.
When the presale hits $1.2 million, the token’s price is anticipated to increase by 15%, from $0.033 to $0.038.
The $761 billion recruiting market is now dominated by traditional employment sites like Upwork and Fiverr.
These platforms do, however, have drawbacks including exorbitant fees and delayed payouts.
DeeLance uses blockchain technology to cut out middlemen and provide freelancers and employers greater transparency and decentralisation.
By offering low costs of 2% for employers and 10% for freelancers, this innovative platform distinguishes out from the competition.
In order to avoid withdrawal costs and currency conversion delays, it also offers quick payments using cryptocurrency.
DeeLance has several benefits, such as no work size restrictions, a productive dispute resolution system, trustworthy escrow services, content ownership rights, and enhanced staff recruiting features.
The establishment of a smooth and engaging environment inside the DeeLance ecosystem also benefits from integration with the metaverse, a non-fungible token (NFT) market, freelancing, and job-hiring components.
Because they allow for the purchase of NFTs, the acquisition of virtual land and offices, and the ease of payments for other goods and services, $DLANCE tokens are essential to the ecosystem.
A renowned venture capital (VC) company, Bitgert Ventures, has made a sizeable strategic investment in DeeLance.
In order to progress its blockchain-based metaverse, the company intends to invest $1.12 million on the recruiting effort.
DeeLance is leading the way in a commercial revolution that is encouraging universal engagement as Web3 gathers traction.
Maker ($MKR)
MakerDAO and Maker Protocol, two decentralised entities and an Ethereum-based software platform, use Maker ($MKR) as its governance token.
Users may establish and maintain the DAI stablecoin using the platform, which is its main purpose.
Maker is a pioneering initiative in the field of decentralised finance (DeFi), with the aim of creating financial products with the use of blockchain smart contracts.
The $MKR tokens let owners to vote on the evolution of the Maker Protocol and serve as voting shares in the entity in charge of managing DAI.
Despite not paying dividends, $ MKR’s value is expected to rise as a result of DAI’s performance.
The decentralised finance (DeFi) ecosystem may be significantly impacted by a vote that MakerDAO is preparing for.
The proposal to increase its stablecoin, DAI, to 3.33% savings rate is the main topic of the referendum.
Users are strongly encouraged to deposit DAI and earn interest by taking advantage of the current rate, which is 1%.
The increased DAI savings rate (DSR), should the plan be approved, is projected to have broader effects on DeFi interest rates. DAI will become known as a safe and successful stablecoin as a result of this action, which is likely to draw in further funding.
At the time of publication, the Maker token is trading at $643.20, with a $15 million trading volume, showing an increase of 0.36% over the previous 24 hours.
Bearish feeling may be seen in $ MKR’s form according to technical analysis. The asset’s current price is below both its short-term and long-term simple moving averages (SMAs), which are $688 and $957, respectively, for the asset’s 50-day and 200-day SMAs, respectively.
The 23.6% Fibonacci retracement level of $666 is where $MKR is now making progress.
However, the asset can quickly reach this price if there is a consistent upward trend. Moving average convergence divergence (MACD) indicates a buy value, but the relative strength index (RSI) measure of 47.57 places the asset in the underbought zone.
Investors looking for high-margin gains may want to look at the $MKR coin as interest in $PEPE wanes.
