5 Cryptos To Watch This Week
The crypto market is heating up, with Bitcoin trading above $67,000. This bullish momentum is creating a favorable environment for new projects to launch. Here are five cryptos that have caught our eye this week:
Pepe Unchained
Pepe Unchained is a new meme coin that aims to be the first Pepe token with its own blockchain. The project is building an Ethereum layer 2 network that promises low fees and high speeds. It also includes an Ethereum bridge, staking mechanism, and block explorer. Pepe Unchained is currently in its presale phase and has raised $4.8 million so far.
The project is raising money through a presale, with investors able to buy $PEPU for $0.008596. This price is expected to increase throughout the initial coin offering (ICO).
LayerZero
LayerZero is an omichain interoperability protocol that enables permissionless and immutable message and liquidity passing between blockchains. It’s a complex project, but essentially it makes it easier to move crypto assets between different blockchains. LayerZero has already processed over $50 billion in cross-chain transactions and over 135 million cross-chain messages.
The project’s native token, ZRO, is used for governance. Holders can engage with the Layer Zero DAO and make decisions about the project’s future. ZRO is currently the second-most trending cryptocurrency on CoinMarketCap. The token is priced at $5.16 and has seen a 28% increase this week. LayerZero’s trading volume is currently equal to its market cap, which suggests that investors are showing strong interest in the project.
WienerAI
WienerAI is a new meme coin project that is incorporating AI into its trading bot. The bot offers a range of features, including the ability to ask questions, get feedback on trading strategies, automatically execute trades, and track active and past trades.
The project also has a staking mechanism that allows holders to compound their investments. WienerAI is currently undergoing a presale and has raised over $7 million. However, the presale ends in nine days, so interested investors should act quickly.
PeiPeiPei
PeiPeiPei is a meme coin project that has been gaining traction since its launch. The coin has been dubbed the “Chinese Pepe” and has a distinct eastern branding that has attracted a dedicated following.
PeiPeiPei is currently trading at $0.0000003279 and has seen a 221% increase this month. While the coin is down 5% today, it has seen a 18% increase this week.
Banana Gun
Banana Gun is a meme coin-inspired trading bot that has been gaining momentum since its launch nine months ago. The project’s robust price action has attracted attention, and its trading volume is exploding.
Banana Gun’s trading bot allows users to “snipe upcoming launches or safely trade tokens that are already live”. BANANA is priced at $64.28 and has seen a 27% increase this month. The coin is currently the 237th largest crypto by market cap and the 33rd largest by volume.
**Disclaimer:** This article is for informational purposes only and should not be considered financial advice. Always do your own research before investing in any cryptocurrency.
