The crypto market is currently experiencing a significant surge, particularly within the memecoins sector, which has seen its market capitalization exceed $50 billion, outpacing both the decentralized finance (DeFi) and non-fungible tokens (NFTs) sectors.
This remarkable growth comes after eight months of horizontal consolidation, with memecoins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) posting double-digit gains, largely driven by a growing correlation with Bitcoin (BTC).
The rally in memecoins, attributed to the fear of missing out (FOMO) among investors, has overshadowed what was anticipated to be a Bitcoin season, spurred by halving-related hype and the excitement around exchange-traded funds (ETFs).
The correlation between BTC and major memecoins, particularly Dogecoin, has reached an 87% relationship, indicating that as Bitcoin approaches its peak, memecoins are also experiencing significant gains, albeit at a higher percentage.
Both Pepe (PEPE) and Shiba Inu (SHIB) might experience exciting spikes in valuation in the coming months, but they could also plummet to oblivion.
Memecoins are very difficult to put faith in, with their performance being largely based on circumstantial factors. However, there are other, more valuable projects that could potentially outperform both coins mentioned.
ScapesMania: The Big Debut
After a wildly successful presale that amassed $6.125 million in funding, drew in nearly 18,400 holders, and attracted over 60,000 followers, the eagerly anticipated ScapesMania’s exchange debut finally arrived.
$MANIA is stepping into PancakeSwap, a popular DEX on the Binance Smart Chain network known for its large user base and liquidity. But that’s just the start. Following PancakeSwap, the project is exploring possibilities for CEX listings, which could expand avenues for potential growth. Explore the team’s approach to CEX listing here.
Trading kicked off with MANIA/WBNB and MANIA/USDT liquidity pairs. USDT is the main source of liquidity as per community demand. The debut trading day was remarkable. The token price has shown resilience, indicating robust tokenomics and promising project prospects. ScapesMania has proven to everyone that it’s not just a one-day ICO project but a serious endeavor committed to growing alongside its community of holders.
Holder count steadied at 18.41k in the first 24 hours, with trading volume hitting $2.26 million. ScapesMania instantly dominated DEXTools’ Hot Pairs list. No further explanation needed.
Groundbreaking Approach to Gaming
If you’re not yet familiar with what ScapesMania is about, here’s a quick rundown. It’s a gaming ecosystem where players can dive into immersive experiences without any prior crypto knowledge. Meanwhile, holders can benefit from the project’s success and have a say in its direction through DAO.
Tapping into the growing casual gaming industry during the current bull run puts ScapesMania in a favorable position. If you’ve been following crypto news, you’ve likely witnessed success stories of gaming projects during the recent bull market. Now, ScapesMania is all set to take off and unleash its potential in a thriving market.
Why Go with ScapesMania?
Wondering why the community is flocking to ScapesMania?
Let’s decode its appeal:
- $MANIA tokenomics are carefully balanced with cliff and vesting. A structured vesting schedule is designed to maintain a balance between supply and demand.
- The $MANIA token serves governance in the evolving DAO and acts as an in-game currency in the pilot gaming project. Community members can also stake tokens for additional rewards and participate in activities for more tokens. The team is actively working on expanding the token’s utility, with plans to introduce new projects and increase its use cases within the ecosystem.
- There’s a solid post-listing promotional strategy in play. The team has demonstrated its marketing prowess, evident in the $6M+ presale success, the 20K+ holder base, the actively growing 60K+ community, and 75K+ average monthly traffic. To further expand the project’s reach, ScapesMania is constantly testing new marketing channels.
- The project’s smart contract has received a stamp of approval from BlockSafu. As a holder, you can rely on the platform’s commitment to security.
- ScapesMania is gaining traction on significant crypto platforms, backed by endorsements from respected influencers in the field.
The Road Ahead
In a world where casual gaming rules, ScapesMania leads the way by smartly meeting what the market demands. Unlike other projects facing disconnect from their audience, ScapesMania aligns with community desires: gamers enjoy their favorite pastime while holders benefit from its success.
The casual gaming industry is expected to skyrocket to $19.12 billion by 2027. This marks the niche as potentially lucrative.
With the fund generation goals surpassed, the team is now fully immersed in product development. For quick start, the project has partnered with the devs that secured a prestigious grant in 2023 for the Metaverse/Gaming/NFT category.
Sven, ScapesMania’s CEO, says: “As you know, to achieve ambitious goals, a skilled team is pretty crucial. You can already see how skilled and efficient our launch team really is. We’re concurrently working on the product. We are prioritizing the development team’s strengthening, too. To streamline operations, I’m combining the roles of CEO and CTO.”
Join the community channel to stay updated on the latest releases.
Community Trust
The crypto community is buzzing about the project on popular platforms. They’re excited to join ScapesMania because they share its vision and want to be actively involved. Whales are also taking notice, with deposits already topping $20,000.
It’s obvious that none of this success would be possible without such a loyal community. The ScapesMania team truly thanks its supporters for this kickstart. And remember, it’s just the beginning – there’s plenty more to come!
Join the ScapesMania Movement
ScapesMania’s adventure is just kicking off. As the casual gaming industry gears up for exponential growth in the years ahead, there’s never been a better time to tap into this promising landscape. Remember how gaming projects boomed in 2021? Well, the current crypto market boom offers a similar chance for generating sizable gains. With a stable price post-listing and strong initial support, the coin has already proven its resilience.
The future price trajectory hinges on community strength, development milestones, and robust marketing strategies, all of which ScapesMania excels in, leaving endless possibilities ahead.
Why wait? Take action today! Secure your spot in a potentially rewarding journey – grab your $MANIA tokens on PancakeSwap now.
>>> Join 18K Holders – Buy $MANIA on PancakeSwap: MANIA/WBNB, MANIA/USDT <<<
Pepe (PEPE): A Memecoin’s Journey Through Volatility and Community Engagement
Pepe (PEPE) has carved its niche in the memecoin sector since its launch in May 2023. Despite not reaching the ambitious $0.01 mark, its journey has been marked by significant volatility and a dedicated community backing. As of early 2024, Pepe (PEPE) stands as a testament to the unpredictable nature of memecoins, with its value experiencing both highs and lows within a short span.
The price predictions for Pepe (PEPE) vary widely, reflecting the speculative nature of the asset. Predictions for the end of 2024 range from as low as $0.0000065 to as high as $0.0000160. Looking further ahead into 2025, estimates suggest a potential increase to $0.0000188, with long-term forecasts for 2030 reaching up to $0.000063. These predictions underscore the high degree of uncertainty and potential for growth associated with Pepe (PEPE).
The future of Pepe (PEPE) is fraught with both opportunities and challenges. The recent surge in interest within the memecoin sector could propel Pepe (PEPE) to new heights, supported by its vibrant community and the broader crypto market’s dynamics. However, the inherent volatility and speculative nature of memecoins pose significant risks. Technological developments, market sentiment, and regulatory changes will be crucial factors influencing Pepe (PEPE) trajectory. Investors and enthusiasts alike must navigate these uncertainties with caution, acknowledging the potential for both significant gains and losses.
Shiba Inu (SHIB): Navigating the Waves of Memecoin Popularity
Shiba Inu (SHIB) has emerged as a formidable player in the cryptocurrency market, securing a spot among the top 10 cryptocurrencies by market cap as of March 2024. Launched in 2020 as a rival to Dogecoin, Shiba Inu (SHIB) has capitalized on the memecoin craze, demonstrating remarkable resilience and growth.
Price predictions for Shiba Inu (SHIB) in 2024 suggest a possible increase to $0.0001, with more optimistic forecasts for 2025 reaching $0.00014. Long-term predictions for 2030 envision Shiba Inu (SHIB) achieving values as high as $0.00034. These projections highlight the bullish sentiment surrounding Shiba Inu (SHIB), despite the market’s inherent unpredictability.
Shiba Inu (SHIB) future is marked by both promising prospects and significant challenges. The token’s integration with Shibarium and its position within the memecoin market could drive further adoption and price increases. However, the volatile nature of memecoins, coupled with potential regulatory scrutiny and market corrections, presents obstacles to sustained growth. The community’s role and technological advancements within the Shiba Inu (SHIB) ecosystem will be critical in navigating these challenges. As with all cryptocurrencies, particularly memecoins, investors should proceed with caution, mindful of the high risk and high reward nature of these assets.
Conclusion
The current surge in the crypto market, especially within the memecoins sector, has brought significant attention to tokens like Pepe (PEPE) and Shiba Inu (SHIB). On the other hand, ScapesMania, with its successful fund-generation campaigns and listing as well as strategic alignment with the rising casual gaming niche, presents a different kind of potential.
- Site: https://scapesmania.io/
- Twitter: https://twitter.com/ScapesMania
- Telegram: https://t.me/scapesmania
- Announcement Group: https://t.me/scapesmaniaAnn
The post Can Pepe and Shiba Inu Rise Higher? Can ScapesMania outperform them on Long Distance? appeared first on Blockonomi.
