Blockchain is buzzing with thousands of crypto projects, with new coins popping up almost every day. But let’s be real — some get way more hype than others. We’ve put together a list of the hottest new crypto projects that are making waves on social media and in the news this June.
Now, we’re not saying these will make you rich or have killer long-term potential. Maybe they will, maybe they won’t. That’s beside the point. These projects are just plain fun to watch and read about. So, let us share some tea with you.
$MOTHER by Iggy Azalea
$MOTHER is a Solana-based token or a celebcoin created by Australian rapper Iggy Azalea, and it’s already a massive hit. Unlike other celebrity meme coins, $MOTHER keeps climbing. Just over a week after its launch, it hit a market cap of $240 million, thanks to Azalea’s huge fanbase spreading the word.
It was announced that soon, $MOTHER holders will be able to use their tokens to buy mobile phones and plans when Azalea relaunches her telecommunications company. She shared this exciting news on X (formerly known as Twitter).
Following Azalea’s announcement about using $MOTHER or Solana’s $SOL to buy mobile devices and cell plans from her company, the token’s price shot up 30% in 24 hours, peaking near $0.20 before settling at $0.144.
$DADDY by Andrew Tate
$DADDY is a meme coin on Solana, launched by none other than Andrew Tate — the ex-kickboxer turned social media influencer. Thanks to Tate’s huge online fanbase, $DADDY shot up like a rocket, hitting a jaw-dropping $300 million market cap in just one day.
Andrew Tate has launched $DADDY as a competitor to singer Iggy Azalea’s $MOTHER token.
But even with Tate’s big plans to boost $DADDY’s utility and value, the coin took a nosedive, dropping 35% in 24 hours, making potential investors a bit jittery.
Tate’s vision? Turn $DADDY crypto into an NFT with a much smaller supply and offer exclusive perks for coin holders, like access to his Real World University and possible staking rewards.
Still, $DADDY has had a rough ride in the wild world of crypto, plunging 60% from its peak and facing some serious heat over insider trading and market manipulation allegations.
$JENNER by Caitlyn Jenner
Caitlyn Jenner made waves in late May 2024 by launching her $JENNER token on the Solana blockchain. The token quickly hit a market cap of over $40 million, thanks to a frenzy of social media buzz and speculation about Jenner’s involvement.
Not wanting to miss out, rapper Iggy Azalea jumped in with her own $MOTHER token on Solana, which soared in value despite a rocky start.
The $JENNER token initially hit a market cap of $43 million within hours but then took a nosedive, dropping to around $6 million at the time of writing. Caitlyn Jenner took to X (formerly Twitter) to accuse young Indian entrepreneur Sahil Arora — known for flaunting his celebrity connections — of scamming both her and Iggy Azalea.
The alleged scam involved Arora acting as a middleman, launching tokens on behalf of celebrities (sometimes without their knowledge), encouraging them to promote the tokens, or hijacking their X.com profiles to hype them up, and then dumping his own holdings, causing the price to crash.
Meanwhile, $MOTHER has fared better, thanks to Azalea’s persistent promotion of the token.
Game Stop ($GME) Meme Coin
$GME, or GameStop, is a meme coin on Solana paying tribute to GameStop, the legendary meme stock that caused a historic short squeeze back in 2021. While there have been other GameStop-themed meme coins before, $GME has really taken off, thanks in part to the return of Roaring Kitty — one of the key players in the original GameStop saga. For more on him, check out our blog post where we dive into all the details.
In short, Keith Gill (aka Roaring Kitty on X) led one of Wall Street’s wildest rides in 2021, driving up the price of GameStop (GME) stock and shaking up the traditional finance world. This whole adventure was fueled by the Reddit group r/wallstreetbets, where millions of ‘degenerates’ rallied together.
Now, the GameStop ($GME) token has skyrocketed, jumping 140% after Roaring Kitty revealed his $586 million GameStop stock and options positions. Although not officially linked to GameStop, the $GME crypto has mirrored the stock’s impact, surging nearly 3000% since mid-May 2024.
As of June 20, $GME has had a great run, climbing 9% in the last 24 hours. It’s on a solid upward trend, hinting at a bullish phase. In the meme coin market, $GME is duking it out with the likes of Dogwifhat ($WIF) and Book of Meme ($BOME).
Just a heads-up: this isn’t financial advice. We’re just sharing the scoop. As with any investment, do your homework, be careful, and never invest more than you can afford to lose.
Notcoin ($NOT) Token
Notcoin is the most hyped DeFi project of the year. $NOT is a community-driven token designed to onboard users into the Web3 world through a fun tap-to-earn game.
$NOT was launched by Open Builders on The Open Network (TON), the blockchain originally created by the app.
The Notcoin game is a social clicker game built right into the Telegram messaging app. Players can earn in-game coins by completing tasks and inviting friends.
As you rack up Notcoin, you climb a global leaderboard with tiers ranging from Silver League to Diamond League. Players can earn extra tokens by completing simple quests like following an X account or joining a Telegram community.
Riding high on the success of its predecessor, the wildly popular crypto game Hamster Kombat is also getting ready to launch a token on The Open Network. In a Twitter Spaces chat earlier this week, ‘Hamster Girl’ from the Hamster Kombat team and a TON Foundation rep mentioned that they’re aiming to list the token in July. But, as always, things could change.
Render ($RNDR) Token
$RNDR is an AI token, which means it’s a crypto asset that powers AI-based blockchain projects, apps, and services. AI is the hottest thing in crypto right now. The field is flooded with every AI token idea anyone’s ever had. But how many of these have real staying power? That’s the big question.
Since 2016, $RNDR has provided decentralized GPU-based rendering for 3D graphics in gaming, NFT art, metaverse, architecture, animation, and design.
Render token connects users who need rendering jobs with idle GPUs, making the rendering process easier, more accessible, and affordable.
Users stake and lock up $RNDR to access GPUs. Render Farm suppliers earn $RNDR for leasing out their graphics horsepower.
$RNDR boasts a market cap of over $3 billion, with its price recently jumping 2.65% to $8.10.
$RNDR and other AI coins like $NEAR, and $FET have seen significant price spikes in the last 24 hours. This surge aligns with numerous advancements in the AI industry, driven by big names like xAI, Nvidia, and Pantera Capital.
Bottomline
These tokens are super influenced by their communities and can be really volatile. Big price swings up and down are totally normal for meme coins. Just remember, those crazy returns aren’t the norm, and investing in meme coins is seriously risky.
As always, be careful, stay vigilant, protect your personal info, and DYOR (Do Your Own Research). And never (NEVER!) invest more than you can afford to lose.
This post is for informational purposes only and doesn’t count as financial, investment, or any other advice. Investing in or trading crypto assets comes with the risk of financial loss.
