Shiba Saga (SHIA) is the talk of the town at the moment. The meme coin was trending number one on DEXTools within 24 hours of its launch and it was also the top 24-hour gainer on the Poloniex exchange during the same period.
A lot of the attention for the coin comes because of the project’s CEO and founder. Carlos Rodriguez was the CEO of G2, one of the leading global esports and entertainment brands, until last year. A video of him partying with influencer Andrew Tate surfaced and he was forced to resign in disgrace. Many have been awaiting his next move since he proclaimed he would go from canceled to billionaire.
We think we may need to pump the brakes on Shiba Saga just for the moment. The price has already fallen all the way back down to its original listing price as we think investors are realizing at the moment there is a lot of smoke without fire. While we wait for Shiba Saga’s audit results it’s better to turn instead to projects like Wall Street Memes ($WSM), Sonik Coin (SONIK), and yPredict (YPRED).
All these tokens have already passed their audits with reputable companies Coinsult, Solid Proof, and 0xGuard respectively. What do these audits look for? Well, to summarize they basically test out a tokens blockchain and smart contracts to see if they are secure. Bankless Times reported that $2.7 billion was lost to smart contract hacks in 2022 alone so it is really important for investors that they choose a trustworthy project.
Wall Street Memes- Passed Solid Proof audit with flying colors
A crucial part of any meme coins competency is passing a smart contract audit by a reputable blockchain security firm. Wall Street Memes passed their audit with flying colors as you can see here.
This is just another positive factor that makes Wall Street Memes one of the most eagerly anticipated projects of 2023. The presale itself has been a huge success and has already made more than $25 million which is jaw-dropping for a presale. However, when you look into the Wall Street Memes brand you understand why.
Back in 2021, most people will remember how an anti-bank movement on Reddit caused international headlines when they started, in unison, to buy up brick-and-mortar company stock like GameStop, which was being shorted by major hedge funds on Wall Street. It went as far as to cause one of them to file for bankruptcy. Wall Street Memes was born from this and have kept that spirit alive through their social media accounts.
These accounts span different social media sites and have well over 1 million followers. It is this strong base that has seen Wall Street Memes have such early success that is nearly unheard of in the crypto market. Add to the mix that 30% of the total allocation is being used for community rewards and staking and you have a project that will likely be very successful.
Sonik Coin- One of the projects with the least issues on 0xGuard
Sonik Coin (SONIK) another exciting meme coin project has already undergone its audit by the very strict, and therefore trustworthy 0cGuard. You can see the audit here. As you can see 0xGuard’s initial audit returned just two low-graded issues. If you look at some of the other audits on 0xGuard’s site you can see this is among the lowest of any of the projects they have dealt with.
Sonik Coin already having this audit completed a mere couple of weeks into its existence is very impressive. Although it is to be expected considering their meme coin is inspired by the fastest video game character SEGA has produced, Sonic the Hedgehog. SONIK himself is just as physically fast but may be a little slower in other departments.
The meme is a hilarious if not a little silly version of SEGA’s creation and you can see lots of original artwork of SONIK on the site which we are sure meme coin investors will love. Speed is truly the emphasis of the project as it hopes to be the fastest coin to reach a market cap of $100 million and we think it may have a chance!
yPredict- Passed every test the Coinsult audit threw at it
The last coin on our list is yPredict (YPRED) and just like the other two coins its smart contracts stood up against the audit of Coinsult, another of the best audit firms in the business. This will be great news for yPredict investors as over 20,000 of them are already signed up to use the site.
The presale of yPredict is now nearing its final stage as it has less than $1 million to raise before it reaches its target goal. Why are there already over 20,000 users waiting to use the “All-in-One” AI Ecosystem? The reason is the site will host the top 1% of AI developers who will help investors gain an edge over the market.
All investors need to do is purchase YPRED to have access to all the data that comes from these developers. They in turn will receive 70% of every YPRED token as payment for sharing their work. Investors who wish to go a step further can even purchase subscriptions to certain developers to get exact trading strategies. It’s no wonder so many people are signed up already.
Conclusion
So to finish up, although there is a lot of buzz surrounding SHIA at the moment we are going to take a step back and just let a few things pan out. The project still has a lot more to do before it is fully market-ready, including passing their CertiK Audit. In the meantime, $WSM, SONIK, and yPredict are all squeaky clean and have the properties necessary to pump the moment their listings begin.
Share
