3 Cryptos With Unique Value Propositions — Will They Pay Off?

Every crypto video and article I see seems to promote an AI agent or GPU project, gaming projects, or memecoins overflowing with froth. Every day, I hear about 10 or 25 coins that will shoot the moon in the crypto bull market.

These coins pump because the influencers have gigantic audiences, and few speculating investors want to sift through the crap out there to make their crypto fortunes. If the market cap is small enough, an influencer can double its market cap simply by mentioning the coin in their video.

I’m good with this. I have many of the coins they mention, including SUI, AVAX, PEPE, BRETT, GALA, DOGE, AIOZ, and dozens of others. Most crypto influencers suggest holding fewer coins, but I’ve got dozens.

If I spread my speculative assets to different coins, I have a greater chance of hitting a 10x, 20x, or 50x. That said, my portfolio’s heaviest concentration is in BTC, ETH, and SUI- three projects I have strong confidence in.

This article isn’t about the speculative coins riding the hype narrative. You may not have heard of any of these coins. And that’s OK. I spend a lot of time in this space and like researching projects.

While these coins aren’t on the hype train today, I believe they can provide strong ROI based on the projects’ unique value propositions. I may be wrong, but by reading this, you can learn about three intelligent projects that aren’t trying to be the next AWS, Call of Duty, OnlyFans, or AI-created memecoin.

Ultimately, you speculate how and on what you want. Sometimes, I am interested in the hype, while other projects are about building good tech. This article is about the latter.

Coin #1: M3M3
Trading Price: $0.108
Market Cap: $108M
Solana

While Pump.fun made a few people very rich, I’m not sure how much it benefitted the majority of memecoin speculators. You’ve probably seen the stats about how 98% of the coins launched on Pump.fun fail, and I’ve traded some and experienced firsthand how they can pump one day and be worth nothing the next day. It’s not fun.

Worse, the platform is extracting funds from the ecosystem because Pump.fun is making money hand over fist and many of the teams behind the coins are essentially taking degens’ money.

M3M3 is a brand new project that seems to be the antithesis of Pump.fun. Built by the Meteora team, M3M3 is a memecoin token launchpad allowing much smarter tokenomics than existing launchpads such as Pump.fun. This should benefit investors more if it catches on.

It’s a bit confusing, but I want to clarify that the platform is called M3M3, and the first token launched was also called M3M3.

While explaining the entire system here will be too lengthy, I’ll give you a quick summary. However, if you want to learn more, I’d encourage you to read this article: Introducing M3M3: A New Era for Memecoin Hodling.

Here are some primary reasons the M3M3 platform is much better than the current memecoin launchpads.

• Top Stakers earn fee rewards. This serves two purposes- 1) It incentivizes large holders not to sell because they are earning a yield, and 2) It introduces a gaming aspect where large buyers compete to make the list of top stakers.

• Memecoins launched through M3M3 are highly configurable- creators can move different levers such as trading fees, staker eligibility, fee distribution duration, and permanently locked liquidity to ensure rugs don’t occur.

• It follows the 3,3 ethos- everyone wins if everybody follows the rules. Most memecoins are just a gigantic game of who is the bagholder. Memecoins launched on M3M3 will try to combat this.

The M3M3 token just launched a couple of days ago. Many tokens were airdropped, so I’m not surprised that M3M3’s price is down nearly 30% from its launch price. However, if memecoin speculators want a fairer system with better tokenomics, they should flock to M3M3.

Further, if the Meteora team is smart, they will do everything they can to make M3M3 successful and attract projects and speculators. If the M3M3 platform gains traction, they stand to make gigantic fees on trading volume.

I read about the project and immediately aped in. I took most of my Solana shitcoins and converted them to M3M3. This is an experiment, and it will probably do extremely well or fail miserably.

Coin #2: DEEP
Trading Price: $0.089
Market Cap: $222M
Sui

Deepbook aims to be “The Backbone of Sui DeFi Liquidity.” Instead of focusing on automated market makers (AMMs), it is a centralized order book model more akin to traditional stock trading platforms. This should result in better pricing for investors and more transparency.

Additionally, DeepBook leverages Sui’s infrastructure to handle high-frequency trading and large volumes of transactions without bottlenecks, which is uncommon in most DeFi projects struggling with network congestion and latency.

Most importantly, Deepbook is not a decentralized exchange. It is a shared protocol from which other DeFi projects can source their liquidity. Instead of having multiple platforms with individual liquidity pools, Deepbook can become a behemoth and integrate with the entire Sui DeFi ecosystem.

The DEEP token makes a lot of sense because there are few projects to invest in throughout the Sui ecosystem. Deepbook is not a lending protocol, a dex, or a derivatives platform. Its unique value proposition reminds me of LayerZero on Ethereum, which has a $745M market cap.

I don’t own enough DEEP tokens right now, and after writing this, I’ll probably buy some more. My Sui conviction only gets stronger as I interact with the chain. It seems lightyears ahead of Ethereum and Solana. I own a big bag of SUI, so my money is where my mouth is regarding this Layer 1.

Coin #3: FLIP
Trading Price: $2.34
Market Cap: $40.4M
Ethereum

FLIP is the token for the Chainflip trading platform. Chainflip is an easy-to-use cross-chain decentralized exchange. On Chainflip, you can swap freely between Bitcoin, Solana, Ethereum, Arbitrum, and Polkadot.

Chainflip has a unique mechanism that is described best by its website.

Not only does Chainflip have its native swapping, but it also receives volume from other cross-chain dexes, such as ThorSwap. Chainflip executes a massive volume of trades, generating fees. A portion of these fees is used to buyback and burn the FLIP token.

These buybacks and burns help offset the emissions. FLIP is trading well below all-time highs, as shown in the chart below. Meanwhile, trading volume is exploding.

Key Takeaways

I won’t say that these coins will 10x or 50x (but I hope they do). However, they haven’t gained much hype, and the teams behind them seem to be putting their heads down and working.

These projects are unique and aren’t simply playing off a buzzword or fictional narrative. I’d encourage you to take a closer look at them.

I hope you found this article helpful. If you did, I’d appreciate it if you could clap and/or comment. It helps me out.

I own FLIP, DEEP, and M3M3. This information should not be taken as investment advice. I am no more qualified to give financial advice than to start for the Chicago Bears offensive line. Digital assets like crypto and NFTs involve risk, so you should always perform due diligence before investing.

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