The crypto market is heating up again in August with several highly anticipated new coin launches.
Investors are eager to find the “next big thing” in the market, given that previously successful coins like $PEPE have suffered dramatic price crashes.
In this article, we highlight eight of the most promising new crypto projects being released this month, all of which boast unique designs and growing online communities.
1. Wall Street Memes ($WSM)
First on our list is Wall Street Memes ($WSM) – a trending meme coin nearing the end of a highly-successful presale phase.
Now in Stage 27 out of 30, Wall Street Memes’ presale has raised a remarkable $20.7 million thanks to its irreverent branding and community backing.
Early-bird investors can buy $WSM for just $0.0328 ahead of the token’s exchange debut, which will occur in the coming weeks.
Speculation in the Wall Street Memes Telegram channel is rife that $WSM could be poised for a significant price increase upon listing, given the recent success of low-cap meme coins.
Adding to the excitement is that Wall Street Memes already has the backing of over 1.1 million “degens” worldwide – a factor expected to play a massive role in post-listing demand.
With the presale’s momentum showing no signs of slowing, $WSM is undoubtedly a token worth watching in the coming weeks.
Visit Wall Street Memes Presale
2. XRP20 ($XRP20)
Another upcoming launch that investors may wish to watch is XRP20 ($XRP20).
As its name implies, XRP20 draws inspiration from the original XRP, yet adds its own twist.
Unlike the original XRP, XRP20 employs a built-in staking mechanism whereby $XRP20 holders can lock up their tokens and earn passive income.
Additional utility comes in the form of a deflationary setup, which sees 0.1% of each transaction “burned,” gradually decreasing the circulating token supply over time.
According to the laws of supply and demand, when supply decreases, price should increase – assuming the level of demand remains the same.
These elements have helped create an almost-instant buzz around XRP20, with the ongoing presale raising over $410,000 in less than one week.
With $XRP20 tokens available for $0.000092, 30 times cheaper than the original XRP’s all-time low, it’s no surprise the token has become a hit with risk-tolerant crypto investors.
3. Shibie Coin ($SHIBIE)
Shibie Coin ($SHIBIE) is a new meme coin with unique branding, helping it stand out in the ever-growing crypto market.
The coin’s name combines Shiba Inu and Barbie to create a bold persona called “Shibie,” leveraged throughout the official website and social channels.
Although $SHIBIE currently has no real-world use cases, the coin is still attracting enormous attention, given the recent successes of similar meme coins that lack utility – like $PEPE and $WOJ.
Adding to the investor interest is that 60% of the total $SHIBIE supply has been earmarked for presale investors, meaning that early backers own the lion’s share of the tokens.
Moreover, no tokens have been set aside for the developers – a rare approach that eradicates the chance of a rug pull.
Interested investors can purchase $SHIBIE ahead of the token’s DEX debut for just $0.000167, although with the hard cap set at just $999,999, many believe the presale could be short-lived.
4. Cowabunga ($COWABUNGA)
Another pending token launch that investors may wish to add to their watchlists is Cowabunga ($COWABUNGA).
Cowabunga is a Teenage Mutant Ninja Turtles-themed ERC-20 token that is currently in the midst of its presale phase.
The project is making 1.4 billion $COWABUNGA tokens available during this presale, which represents 35% of the total supply.
As noted in Cowabunga’s whitepaper, the token will be launched on a DEX once the presale concludes, thereby democratizing access to the masses.
Notably, 20% of the total supply will be used to supply liquidity once listed – an approach designed to promote price stability and minimize slippage.
These factors have combined to create a growing buzz around the Cowabunga presale, which is only scheduled to last for six more days.
This presale has already seen strong early demand, raising over $15,000 in just 24 hours.
With Cowabunga’s presale hard cap set at just $500,000, the clock is ticking for interested investors to get involved before the token debuts on the public market.
5. yPredict ($YPRED)
yPredict ($YPRED) takes a different approach than the other projects on this list since rather than branding itself as a meme coin, it aims to offer a comprehensive crypto analytics and SEO suite.
The creators of yPredict have recognized the need for accurate and timely crypto data and have developed tools that allow users to analyze trends and make more informed market decisions.
yPredict’s team is also expanding into the SEO niche, launching an AI-powered backlink estimator that caters to businesses looking to optimize their online presence.
By taking such a diverse approach, yPredict has generated significant early momentum, raising over $3.3 million through its ongoing presale phase.
Additionally, over 20,000 people are reportedly on the platform’s waiting list, underscoring the growing interest in yPredict.
Due to this, both crypto enthusiasts and SEO professionals will likely wish to keep tabs on yPredict ahead of its exchange debut later this year.
6. Chimpzee ($CHMPZ)
Chimpzee ($CHMPZ) is an upcoming crypto project that allows users to fight climate change and generate income simultaneously.
As outlined in Chimpzee’s whitepaper, the project has already partnered with several prominent organizations, such as The Giving Block and Wild, to promote sustainability.
Chimpzee’s ecosystem includes different features, such as the Chimpzee Shop and NFT Marketplace, allowing users to earn $CHMPZ tokens through various actions.
Users can then deploy their $CHMPZ to buy limited-edition NFT passports, which bring holders an array of perks and benefits.
The tokens used to buy these NFTs are permanently destroyed, reducing the circulating supply of $CHMPZ and making the remaining tokens scarcer (and potentially more valuable).
Not only that, but NFT holders can even stake their NFTs – and earn up to 20% APY.
With Chimpzee’s team currently offering a 100% bonus to those who invest during the presale, it’s no surprise that this project has become one of the most talked-about in the crypto space.
7. Bad Idea AI ($BAD)
Bad Idea AI ($BAD) is an experimental crypto project that challenges conventional thoughts about artificial intelligence (AI).
$BAD aims to merge the worlds of blockchain, AI, and decentralized autonomous organizations (DAOs) in a humorous yet serious way.
Bad Idea AI’s team is working to ensure that AI technologies are aligned with the interests of humanity. However, they’re also adding a sense of fun to the project to attract retail investment.
This approach is succeeding, with data from DEXTools.io revealing that the $BAD price is up 64% in the past three days.
With the token now attracting attention from crypto enthusiasts worldwide, many speculate that it could be poised for Tier-1 CEX listings shortly.
8. PAAL AI ($PAAL)
Rounding off our list is PAAL AI ($PAAL) – another AI-themed crypto token that has been making waves recently.
PAAL AI is an AI ecosystem supported by the Google Cloud Platform, enabling users to create personalized AI bots.
Adding to PAAL AI’s appeal is its revenue-sharing setup, which will see those who stake their $PAAL tokens receive lucrative incentives, including 1% of all trading volume.
PAAL AI also offers tools like MyPaal and AutoPaal, designed for data fetching and secure encryption services.
Given its multifaceted approach, the $PAAL token has seen an influx of demand over the past week – and with this demand showing no signs of abating, it’s a token to watch going forward.