Is Pepe Coin Price Doomed? Consider Launchpad and Deelance as Top Crypto Options

cryptonews.com:

Enthusiasm for Pepe coin (PEPE), a Pepe the frog meme coin that exploded onto the scene in mid-April and went on to claim a market capitalization of around $1.8 billion at its all-time high, continues to wane.

PEPE was last changing hands in the mid-$0.0000014s, down around 70% form its all-time high price in the $0.000005 area that was hit earlier this month.

The crypto token is threatening a break below key resistance in the $0.0000012-13 area, which could open the door to a drop back towards key support levels from earlier this month around $0.0000009 and $0.00000076.

At the current price, Pepe has a bloated market capitalization of around $600 million.

That limits the potential upside – its hard to see Pepe posting more than 10x gains and becoming more than a $6 billion market cap coin.

Investors might instead want to hunt for low market cap gems that offer a much better chance at posting 10 or even 100x gains.

Investing early in crypto token presales being run by highly promising web3 start-ups has proven time and time again to be one of the most effective way to generate high returns.

Unlike meme coins like Pepe, such projects offer an actual use-case, thus infusing their tokens with utility and real value, something Pepe completely lacks.

But there are so many presale projects to choose from.

Luckily, the team at Cryptonews.com spends a lot of time combing through the presale market to find the best projects.

Here are two of their favorites right now.

Upstart crypto project Launchpad XYZ (LPX) is building a revolutionary, all-encompassing web3 platform that, according to the project’s Whitepaper, aims to make the highly “fractured and intimidating” web3 space more easily accessible.

Launchpad XYZ’s all-encompassing platform