The crypto space is a wild west. In the crypto world at least, fortunes are made and lost even quicker than you can say “decentralized ledger.” Despite all the speculation and fraud, a more useful type of cryptocurrency is taking shape. This new wave is all about creating value that goes deeper than just filling wallets. Are these June 2025 contenders really paving the way to a brighter future? Let's dive in, warts and all.

Social Impact Or Empty Promises?

Forget Lambos. I’d like to see crypto figure out ways to solve the real world’s problems. And that’s what intrigued me most about this new breed of coins. We’re now discussing projects that, in theory, promise to solve for financial inclusion, disrupt the way we think about governance or even mitigate climate change. It’s a great vision — but are they simply peddling snake oil?

Take Solaxy (SOLX), for example. Promised as the “next best new coin,” their novel take on scalability for Solana may provide the key to faster and cheaper transactions across the board. Think about it: remittances for migrant workers, micro-loans for entrepreneurs in developing countries. Could is the operative word. Scalability is the crypto holy grail that has eluded so many projects.

Here's where the "Unexpected Connection" comes in: remember the early days of the internet? They all said it would democratize information and empower the masses. And it did, to some extent. Yet it opened the floodgates to dangerous echo chambers, rampant misinformation, and concentrated power in the hands of a few tech giants. Crypto faces the same risk. In pursuing these projects, we have to be careful that we are not merely replacing the old inequalities with a new, decentralized version.

The article mentions Bitcoin Hyper's presale momentum. Okay, great. But what's the point? Is this another speculative asset, or does it actually have a use case that’s helping real people? I'm not saying speculation is inherently bad, but it shouldn't be the sole purpose.

Community: The Heart Of A Revolution?

A cryptocurrency is only as strong as its community, and their community is amazing. A robust community goes beyond the quantitative. It’s all about engagement, inclusivity, and a shared vision. Are these new coins really creating active and productive communities, or are they simply cultivating echo chambers of hype?

Consider the push for decentralized governance. It only sounds wonderful – providing users with a straightforward means of having a say in the course of the project. In practice it can be a tortuous and inefficient process. You can sort of think about it like direct democracy versus representative democracy. Direct democracy sounds wonderful and progressive in theory, but direct democracy can be a lot to handle and is often very easily hijacked.

Then there's the question of inclusivity. Are these communities really welcoming to all, or are they driven by as small a core of insiders as any neighborhood? Are they trying to go above and beyond to engage marginalized communities and make sure that everyone has a seat at the table? This is crucial. Crypto’s promise to empower the disenfranchised will only be achieved if these communities are genuinely inclusive and equitable.

We’ve witnessed the aforementioned coins focusing on impressive presale momentum and concrete objectives. Strong presales can produce a fake sense of scarcity. This creates scarcity and triggers FOMO (Fear Of Missing Out) which in turn fuels unsustainable price bubbles. Clear goals are empty without a strong plan and a committed team to carry it out.

What’s especially intriguing to me is how these projects are tackling ethical issues. This would include devious risks such as scams and rug pulls that are all too common in the crypto space. Second, are these projects doing anything to actively protect their users and investors and uphold the integrity of their platforms? Are they committed to transparency and accountability?

Innovation Or Just New Buzzwords?

The crypto space is awash in buzzwords: "DeFi," "NFTs," "Metaverse." It's easy to get caught up in the hype and forget what really matters: solving problems and creating value. Are these new cryptocurrencies really so different, or are they simply taking ideas that already exist and putting shiny new labels on them?

Modular design and cheap storage Modular design increases flexibility and adaptability. Cheap storage could unlock new use cases for blockchain technology. Once again, the devil is in the details. So how well do these features improve safety in practice? Are they truly scalable and secure?

The article mentions that SUBBD's platform is still in development and hasn't undergone a public audit, and that Memereum's features are under development. Red flags. This is not to say these projects are all scams, it does mean you need to be approaching these with the highest level of skepticism. Never invest more than you can afford to lose, and do your own research.

Given the massive regulatory hurdles that SpacePay would likely have to overcome, such a surprise is unlikely. Governments around the world are moving quickly to determine how cryptocurrencies should be regulated. Merchant adoption will depend a lot on how clear and reasonable these regulations prove to be. It’s a stark reminder of the need for these projects to meaningfully engage with regulators and aggressively advocate for sensible policies.

Here's a quick rundown on some of the coins mentioned and my gut feeling:

CoinPotential Social ImpactRed Flags
SolaxyScalability could improve financial access.Scalability is a common crypto pitfall.
Bitcoin HyperUnknown - needs a clear purpose beyond speculation.Presale hype can be misleading.
SUBBDPlatform still in development.No public audit yet.
MemereumUntested insurance system could protect users.Features still under development.
SpacePayCould facilitate cheaper international payments.Regulatory hurdles are a major concern.

Ultimately, whether these new cryptocurrencies help to create a better future is up to us. So, instead, we need to make sure that we’re demanding high levels of transparency, accountability, and a real commitment to social impact. We don’t have to take anything at face value. We have to be critical thinkers — not just blind followers. So we need to judge these projects by a higher bar.

The potential is there. But potential alone isn't enough. We have to ensure that these coins don’t devolve into something quite contrary to their intended potential animal. Our future depends on it.