Crypto markets are seeing a slight pullback ahead of the release of the minutes of the US Federal Reserve's latest policy meeting last month.
Bitcoin ($BTC) last changed hands below $30,500, down around 2% in the past 24 hours according to CoinGecko.
Ether ($ETH) was last trading just above $1,900, down about 2.5% over the same time frame.
The upcoming Fed Minutes release is the first in a bombardment of significant macro events over the next three days that could trigger crypto market volatility if Fed tightening expectations are affected.
But for crypto degenerates who are on the hunt for the next exploding small-cap coin gem, macro fundamentals don't matter.
Here are some of the shitcoins that saw the largest gains on Wednesday according to decentralized exchange analytics tool DEXTools.
Doge 2.0 ($DOGE2.0)
The 2.0 game in the meme room space continues with Doge 2.0.
The 2.0 versions of popular meme coins like Dogecoin that present themselves as a second chance for traders who missed the first pump have been doing well recently and Doge 2.0 is no different.
$DOGE2.0 was last trading around $0.0000000135, up more than 135x from last night's lows in the $0.0000000010 area.
Visit the Doge 2.0 website here and the play on DEXTools here.
Rich coin ($RICH)
$RICH, a meme coin created around the idea of making its buyers rich, saw a pump of up to 2600% from its DEX launch price on Tuesday to its highs earlier in the day in the 1.07 area. $.
It has since returned to around $0.23, giving it a market cap of around $230,000.
Visit the $RICH website here and the coin on DEXTools here.
Bobo ($BOBO)
Bobo hit new all-time highs on Wednesday and an impressive rally considering its last peak was in May, showing that this coin itself has far more resistance than the vast majority of its competitors.
At current levels of around $0.00000014, $BOBO is up an impressive 1300% from its late June lows in the $0.00000001 area.
Visit the $BOBO website here and the part on DEXTools here.
Meme Coin Presale Projects to Consider
Degen memecoin traders looking for the next low cap gem should also consider trying to get into some memecoin presales early.
Here are two meme coin projects selling their tokens cheaply to early investors that the Cryptonews team are big fans of.
Wall Street Memes ($WSM)
Wall Street Memes, one of the hottest retail investing communities on the internet, rose to prominence amid the stock meme craze of 2021 and recently expanded its relevance in the crypto space. -currency with the pre-sale of its new $WSM token.
The success of the $WSM presale, which raised more than $12.5 million in just over a month, comes as no surprise given the size of the Wall Street Memes community.
Not only are there 523,000 hyper-engaged community members on his wallstbets Instagram account, there are another 214,000 on Twitter and over 100,000 on his other two Instagram channels, wallstgonewild and wallstbullsnft.
In total, Wall Street Memes has a social community of 1 million, which analysts say almost guarantees that the $WSM token will be listed on Tier 1 crypto exchanges like Binance.
With 30% of the token supply held back for community rewards, it can reasonably be expected that airdrops to holders will make up a large part of the ecosystem.
Indeed, the first $WSM airdrop is open now.
Analysts are already predicting big things for Wall Street Memes when it goes public and you can be a part of it.
Visit Wall Street Memes Here
Thug Life Token ($THUG)
Despite launching only a few days ago, the brand new meme coin project Thug Life Token has already been able to raise over $430,000 via the presale of its $THUG token.
Various industry observers have deemed $THUG a major success considering the refreshing take it brings to the meme coin space.
$THUG is not based on old-fashioned dog memes or short-term social media fads, like the meme pieces created in response to tweets from Elon Musk or Andrew Tate.
Instead, $THUG is themed around the timeless Thug Life movement that was first popularized by hip hop stars such as Snoop Dogg in the 80s.
As word of $THUG spreads, more degenerates are expected to pour money into the project.
This is because Thug Life Token has all the ingredients for the next 100x meme coin.
At a presale price of $0.0007 and a maximum total supply of 4.2 billion, the Thug Life Token presale only values the coin at a very conservative market cap of $2.94 million fully diluted.
It's much smaller than most other comparable presale projects and the low presale market cap leaves plenty of room for an explosive upside.
Meme coin developers have no time to waste when it comes to getting involved in the project early.
This is because the $THUG presale will end once the $2.058 million mark is reached or the 12-day countdown ends (whichever comes first).
After that, the only way to secure $THUG tokens will be through the project's airdrop and community rewards campaign or at a potentially high price on major decentralized exchanges (DEXs).
Visit Thug Life Token here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.