• Pepe coin (PEPE) has seen a dramatic drop in its market capitalization from $1.8 billion to around $600 million.
• Investors may want to look for low market cap gems that can offer greater returns than Pepe coin.
• Launchpad XYZ and Deelance are two highly promising web 3 start-ups offering presale projects with great potential for high returns.
Pepe Coin Price Doomed?
Pepe coin (PEPE), a meme coin based on the popular Pepe the frog character, had a meteoric rise shortly after its launch mid-April this year, claiming a market capitalization of around $1.8 billion at its all-time high before going on to crash back down to around $600 million today. At the current price, Pepe has limited potential upside – making it difficult for it to become more than a $6 billion market cap coin.
Searching for Low Market Cap Gems
Investors may instead be looking towards low market cap gems that have greater chance of posting 10 or 100x gains compared to Pepe coins. Investing early in crypto token presales being run by highly promising web3 start-ups is one way of generating high returns due to the utility and real value of such projects, something that Pepe completely lacks.
Launchpad XYZ
One such project is Launchpad XYZ (LPX), an upstart crypto platform building an all-encompassing web3 platform designed to make the “fractured and intimidating” web3 space more accessible and user friendly. The platform aims to provide users with tools necessary to analyze, trade and invest in NFTs, fractionalized assets, utility tokens and peer-to-peer NFT exchange through their decentralized exchange and trading terminal – as well as helping users find potential Web3 assets with 100x growth potential through integrated analysis of presales into their ecosystem.
Deelance
Another promising web 3 startup is Deelance which is building an open source decentralized marketplace where freelancers can connect directly with employers without any centralized intermediary taking a cut from job rewards or imposing fees on transactions between them – thereby allowing both parties access to more competitive rates while providing better security against fraud or mismanagement of funds during payments between them. This is done by using Ethereum smart contracts as well as Deelance’s own ERC20 token DEEL which serves as both payment method within the network as well as reward tokens used by participants who contribute resources or data within the network while also providing staking incentives for those running node validators within the network .
Conclusion
With Pepe coins seeing diminishing returns due its bloated market cap, investors may want to look towards alternative options like Launchpad XYZ and Deelance which offer higher chances at posting 10x or even 100x gains while also providing real use cases that infuse their tokens with actual utility and value beyond speculative interest alone – giving these projects better long term prospects compared to meme coins like Pepe .