With Bitcoin above $67K, the market is shifting back into a bullish period, and crypto prices are rising across the board.
This is forming a promising environment for new projects to launch.
So, let’s explore five new cryptos to buy this week.
First on our list is Pepe Unchained. As its name suggests, this project takes after the infamous Pepe coin.
However, Pepe Unchained is far from your everyday copycat meme coin.
It is introducing a groundbreaking use case – being the first Pepe token with its blockchain.
Pepe Unchained is developing an Ethereum layer 2 network. It promises low fees, high speeds, and a memetic thrill.
It will be the first of its kind. There is currently no layer 2 dedicated solely to meme coins.
With that, the possibilities are endless, and meme coin enthusiasts will be lining up to use it.
Pepe Unchained will also have an Ethereum bridge, staking mechanism, and block explorer.
The project is currently in its presale phase and has raised $4.8 million so far.
Currently, investors can buy $PEPU for $0.008596, but this price will rise throughout the ICO.
LayerZero is an omichain interoperability protocol that enables permissionless and immutable message and liquidity passing between blockchains.
Crypto has traditionally been bound by smart contracts and programming languages, but LayerZero is changing the game with its secure and decentralized interoperability solution.
The project has processed over $50 billion in cross-chain transacting and over 135 million cross-chain messages.
Its native token, ZRO, is used for governance. Holders can engage with the Layer Zero DAO and make decisions about the project’s future.
ZRO launched in June and is currently the second-most trending cryptocurrency on CoinMarketCap.
It is priced at $5.16, down 3.5% today, up 28% this week, and up 76% this month.
Currently, ZRO holds a $568 million market cap and a $559 million 24-hour trading volume.
It’s uncommon for a cryptocurrency to have a trading volume equal to its market cap, which suggests that all eyes are on the token right now.
This could indicate further gains are coming in the months ahead.
Moving back to the meme coin circuit, WienerAI is one of the most promising new outfits. The project is causing a buzz with a meme coin-AI use case.
This is a unique juncture, with both meme coins and AI tokens outperforming the market lately.
“AI coins are rallying on the back of the new Grayscale decentralized AI fund launch. Meme coins are doing what they do best, which is go up a lot when the rest of the market does,” said analyst Daan Crypto Trades recently.
WienerAI is harnessing AI in its cutting-edge trading bot.
It has multiple functions; users can ask it questions, get feedback on trading strategies, automatically execute trades, track active and past trades, and much more.
It’s a powerful setup beyond anything currently on offer.
The project also has a staking mechanism where holders can compound their investment.
It is currently undergoing a presale and has raised over $7 million.
However, the WienerAI presale ends in nine days, so prospective investors should act quickly.
PeiPei is another hot meme coin. Dubbed the “Chinese Pepe,” PeiPei has enjoyed notable bullish momentum since its launch and defied the bearish market conditions.
Now, as the crypto market heals, PeiPei could be primed for a monumental rally.
Like Pepe Unchained, PeiPei’s relation to Pepe has been an enormous boon to its success.
However, its unique eastern branding has carved a distinct outlook and a somewhat cult following.
One of its most prominent advocates is early Bitcoin adopter Davinci Jeremie, who also was early to meme coins like Brett.
Jeremei said in a recent tweet that he’s “betting big” on PeiPei.
Currently, PeiPei is trading at $0.0000003279, down 5% today but up 18% this week and 221% this month.
It holds a $132 million market cap and a $25 million 24-hour trading volume.
Since launching nine months ago, Banana Gun has embarked on a slow and steady upward grind.
Its robust price action has turned a lot of heads recently, and even though its market cap remains relatively low, its trading volume is exploding.
Banana Gun has a concept similar to WienerAI. It is a meme coin-inspired trading bot.
While it does not boast the same AI capabilities as WienerAI, its trading bot utility has proved a huge fan favourite.
This utility helps its users “snipe upcoming launches or safely trade tokens that are already live.”
BANANA is priced at $64.28, up 5% today, 18% this week, and 27% this month. It holds a $206 million market cap and a $219 million 24-hour trading volume.
This makes it the 237th largest crypto by market cap and the 33rd largest by volume.
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