• PEPE surged to a $1.6 billion market cap amid meme coin hype.
  • FTM hits $1 with its upcoming Sonic upgrade improving speed and scalability.
  • BONK plans massive token burns to reduce supply and boost market value.

Cryptocurrency investors are always searching for new opportunities. Some lesser-known tokens are showing big potential. From memecoins to upgrades, these three projects are worth exploring right now. Let’s explore 3 promising altcoins — PEPE, FTM, and BONK.

Pepe Coin (PEPE): A Memecoin with Serious Promise

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Source: Trading View

PEPE is a deflationary memecoin on Ethereum. Inspired by the Pepe the Frog meme, the token stands out with its simple approach and no-tax policy.In April and May 2023, PEPE hit a market cap of $1.6 billion. A strong, active community supports its growth and plans for a “meme takeover.” Many investors are optimistic about its performance, especially with the upcoming Bitcoin halving. PEPE’s roadmap includes listings on major exchanges and strategic community moves.

Fantom (FTM): An Upgrade That Could Change Everything

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Source: Trading View

Fantom is preparing for its major Sonic upgrade, launching on the Mainnet soon. This upgrade will increase transaction speeds to over 2,000 per second with near-instant finality.FTM’s price surged 60% over the last 30 days, recently hitting $1. The upgrade introduces the Fantom Virtual Machine (FVM), which reduces storage needs by 90%. Validators will benefit from this lower cost and higher performance. Fantom is also swapping FTM to S tokens at a 1:1 ratio, with airdrop incentives.

Bonk (BONK): A Token Burn to Boost Scarcity and Value

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Source: Trading View

Bonk is the top meme coin on the Solana blockchain. Its BURNmas campaign plans to burn 1 trillion BONK tokens by December 25, 2024.The campaign rewards activity like social media engagement. Every #LetsBONK post or new social media subscriber results in BONK token burns. These burns reduce supply, create scarcity, and increase investor interest. BONK’s market performance has already started responding positively to this strategy.

PEPE combines meme appeal and strategic moves to attract investors. FTM prepares for a major performance upgrade. BONK uses token burns to reduce supply and increase market value.

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