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topicnews · September 7, 2024

Crypto Trends: This topic could make millionaires

Crypto Trends: This topic could make millionaires

Investors are constantly looking for viral crypto trends because they often harbor hopes of getting rich quickly and making huge returns. In a market known for extreme volatility, trends like meme coins or new hype projects still attract many retail investors. This is true even in the weak market environment of the past few months.

This pursuit of quick profits often outweighs interest in fundamental or long-term stable projects. For many, the temptation is great to get in on a trend early in order to profit from possible price increases.

But now a new crypto trend could also have fundamental substance. Because massive amounts of money are flowing into a narrative that the market has not yet recognized.

New crypto trend: What’s behind SocialFi?

The following analysis by data provider KaitoAI shows that despite hundreds of millions of dollars invested in the SocialFi sector, the so-called “mindshare is surprisingly low.”

Mindshare measures how strongly a topic is embedded in the minds of market participants and how intensely it is discussed. In this case, the low mindshare suggests that the market does not yet fully recognize the potential trend. This could represent a countercyclical investment opportunity, as SocialFi may be highly undervalued despite the weak public perception. At least, this is what the analysis on X suggests.

The crypto trend SocialFi combines social networks with decentralized financial systems and offers a completely new way for users to profit from their content. Unlike traditional platforms, users retain control over their data and can directly derive financial benefit from it through interactions and contributions.

The potential of SocialFi lies in the democratization of social networks. It allows every user to monetize their content, independent of large platforms or central authorities. Through tokenization and reward systems, these platforms create incentives for greater engagement.

With increasing blockchain adoption and growing demand for decentralized solutions, SocialFi could become an important sector. At the very least, SocialFi deserves to be noticed as one of the exciting crypto trends.

Crypto Tip: Is this Meme Layer 2 the new crypto trend?

But of course, there are constantly new trends and narratives. Because it’s not just SocialFi that is becoming increasingly popular. Meme coins and Layer-2 will also receive significantly more attention in 2024.

A new trend in the crypto space is the merging of meme coins and Layer 2 solutions that support the Ethereum network. Layer 2 technologies are crucial for Ethereum as they improve scalability, thereby reducing both transaction fees and processing times without compromising security.

To the Pepe Unchained Presale

Meme coins, which have gained notoriety in recent years due to their viral popularity, are increasingly leveraging Layer 2 technologies. This combination could revolutionize meme coin trading. One example is Pepe Unchained ($PEPU), which recently raised over $12 million in its presale. The main goal of Pepe Unchained is to create its own Layer 2 solution for meme coins on the Ethereum network.

Unlike traditional meme coins that rely primarily on their popularity and community, Pepe Unchained takes a functional approach. By using Layer 2 technology, trading meme coins is not only faster but also more cost-effective. This offers a clear advantage in a market that is often limited by high fees and slow transactions.

Well over 12 million US dollars have now been raised in pre-sales. Anyone who still wants to get involved can do so via the website. Simply connect the wallet and exchange ETH/BNB/USDT for PEPU. It is even possible to pay by credit card. Immediately afterwards, the tokens can be staked with a return of currently more than 160 percent APY. But you need to hurry to maximize your book profit – because the next price increase is already coming in the next 24 hours.

To the Pepe Unchained Presale

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