Altcoins
Next Crypto Bull Run (2024)

Last updated:
May 3, 2024 04:07 EDT
| 22 min read
The next crypto bull run could top all previous ones in terms of growth and adoption. In this article, we discuss 12 best altcoins for the next bull run, exploring the key insights and trends that support our predictions, and offering a glimpse into what the crypto landscape has in store in 2024.
Next Crypto Bull Run, Add these Coins to Your Portfolio
- First truly multi-chain Doge token, promising interoperability across major blockchains
- Easy to buy and claim $DOGEVERSE tokens during presale phase
- Could be the next Doge-inspired coin to explode ahead of Doge Day
Project Launched
April 2024
Purchase Methods
ETH
usdt
- Brand new South Park-inspired seal-themed SOL meme coin
- Ideal coin to buy in presale ahead of the expected summer meme coin frenzy
- Thought to be by the team that was also behind the viral SLERF coin
Project Launched
May 2024
Purchase Methods
Solana
- Infinitely upgradeable AI meme coin, with modular technological capabilities.
- Huge staking rewards available everyday during presale.
- Presale price rises every two days – buy now to benefit from best price before listing.
Project Launched
April 2024
Purchase Methods
ETH
usdt
- First of its kind daily rewards based on the performance of Mega Dice Casino
- $DICE holders can enjoy 25% rev-share through the Mega Dice Referral Program
- $2,250,000+ USD airdrop for casino players
Project Launched
April 2024
- Learn-to-Earn platform that rewards users for learning about crypto
- Stake $99BTC tokens in secure smart contract to earn passive rewards
- Get the edge in fast-moving markets with expert crypto trading signals
Project Launched
April 2024
Purchase Methods
ETH
usdt
Bank Card
- +1 more
- Innovatives VR & AR Gaming Project
- Aiming to Raise $15M Across 12 Rounds
- Token Holders Get Lifetime Access to VR Content
Project Launched
January 2024
- Trending meme coin with P2E utility & staking rewards
- Price up 10x in past month, rumors of Binance listing
- 12k+ holders and growing
Project Launched
December 2023
- Buy and hold $SMOG to generate and earn airdrop points
- 35% of supply reserved for future airdrop rewards
- Viral potential after pumping over 1000%
Project Launched
February 2024
Purchase Methods
usdt
Solana
- Native BSC token
- Audited by Coinsult
- Long-term rewards for holders
- Access to huge fee revenue through staking
- 50% of 10bn token supply available at presale stage
- 85% of fees go back to the community
Project Launched
March 2024
- New meme coin offering an immersive experience via high-stakes battles
- Participants can buy and stake $SHIBASHOOT tokens for rewards in excess of 25,000% p/a
- Token holders can cast votes on key project decisions and try their luck in the ‘Lucky Lasso Lotteries’
Project Launched
April 2024
- First crypto-based lending platform, allowing loans up to 75% of the total Memereum assets.
- Comprehensive insurance coverage for digital coins and precious metals, including gold and silver.
- High-value holders get state-of-the-art NFTs, valued over $1,500 in the open market.
Project Launched
March 2024
- Innovative AI crypto casino offering staking, airdrops and custom games
- $HPLT presale has raised over $400k so far with +60M bets placed by +150k users
- Offers daily staking rewards, hype NFTs and is fully audited by Certik
Project Launched
March 2022
Here are the 12 top coins that investors can consider adding to their portfolio before the next cryptocurrency bull run:
- Dogeverse – Overall best crypto to invest in; raised over $12 million in presale.
- Sealana – New seal-themed meme coin with high potential to explode, rumored to be from the makers of SLERF.
- Wiener AI – Sausage dog-themed meme coin with high staking rewards during the presale.
- Mega Dice Token – New CasinoFi crypto, giving holders in-game discounts and NFTs.
- 99Bitcoins – Learn-to-earn crypto offering huge staking APYs. Over $994K raised in presale.
- 5th Scape – VR ecosystem token, access to gaming and educational content.
- Sponge V2 – Upgraded meme token offers P2E gaming options. 100x in 2023.
- Smog – Meme cryptocurrency offers airdrop rewards and gives 42% APYs.
- eTukTuk – Green crypto project building EV charging stations. 167% staking APYs.
- Mollars – New store-of-value token, raised over $1M in a presale.
- Shiba Shootout – Unique meme coin project, offering numerous utility features
- InsanityBets – Redefining CasinoFi and GameFi with a non-custodial platform, allowing users to earn real yields.
- Gas Wizard – Hot new altcoin presale that could outperform because of its real-world utility.
- Cardano – Smart contract blockchain network, $22 billion market cap.
Finding the best future crypto projects can put investors in good stead before the next bull run – that is if these tokens manage to take off.
Below, we explain what makes the above-mentioned cryptocurrencies potentially good choices for long-term investors.
Best Altcoins for the Next Bull Run – A Closer Look
In this section, we dive deeper by presenting comprehensive insight into the best coins to invest in for the next bull run as well as the next altcoin season.
1. WienerAI – New Dog-Themed Meme Coin with a great potential to yield exponential gains
WienerAI ($WAI) is one of the top coins that are poised to enjoy a high trajectory during the next bull run. The reason behind the assertion is not far-reaching. WienerAI has seamlessly incorporated blockchain technology and artificial intelligence to drive its growth.
With the level of relevance greeting the AI and blockchain sectors right now, investors are optimistic that $WAI will be among the top performers in the next bull run. While we await the bull run, meme coins are already soaring massively as investors are on the lookout for cryptos that can deliver quick gains.
Meanwhile, WienerAI’s ability to combine canine concepts and artificial intelligence has given it a humorous personality that’s quite appealing. More so, its staking feature also gives it long-term potential. Consequently, we expect the token to enjoy more attention as its presale heads to its next phase.
Presently, $WAI is up for grabs for as low as $0.00030. Since the price is expected to increase after this round, investors are better off moving in quickly to avoid paying more for the token.
As of the time of writing, not less than $230k has been raised from its $381,622 target for the round. This signifies that early birds are really turning in for the project.
To join a host of other savvy investors who have participated in the presale, visit the official website of WienerAI right now. Before making the purchase, ensure that you have an equivalent amount of ETH or USDT tokens.
Presale Started | April 2024 |
Purchase Methods | USDT, BNB, MATIC, ETH |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
2. 5th Scape – Best New Virtual Reality Gaming Experience
The next cryptocurrency to buy ahead of the upcoming bull run is $5SCAPE – the native token of 5th Scape. $5SCAPE powers this new virtual and augmented reality ecosystem – offering discounts on VR products, access to immersive VR games, and access to educational resources.
The 5th Scape ecosystem wants to offer a hyper-realistic experience through its new gaming ecosystem. The 5th Scape whitepaper mentions plans for multiple upcoming games – where players can enter a realistic world and battle in MMA fights, play Cricket matches, and enjoy Soccer simulations.
To make the experiences as realistic as possible, 5th Scape will offer VR gaming headsets and chairs. $5SCAPE token holders get certain discounts on all products and free access to all gaming ecosystems on 5th Scape.
The token can also be used to access educational materials through tutorials and interactive modules. You will also get access to premium features once the gaming platform launches.
Currently, the token is available to purchase on presale for $0.00187. The presale will consist of 12 rounds – across which 80% of $5SCAPE’s 5.21 billion token supply will be distributed. By the final presale stage, the price will increase to $0.0087.
So far, the presale has raised more than $200K since launch. Stay updated with this new cryptocurrency by joining the 5th Scape Telegram channel.
Presale Started | January 2024 |
Purchase Methods | USDT, BNB |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
3. Sponge V2 – Promising Coin For the Next Bull Run
Sponge V2 is an evolved version of the $SPONGE token, transitioning from a meme-based to a utility-focused crypto after its predecessor achieved 100x growth, reaching a market cap of $100 million in 2023.
It offers a Play-to-Earn (P2E) model, where users earn $SPONGE tokens as rewards. The upgrade from V1 to V2 is enabled by a Stake-to-Bridge process, which locks V1 tokens to ensure a smooth transition to V2.
The project aims for listings on major exchanges such as Binance and OKX to increase its trading volumes. Sponge V2 has a fixed supply limit of 150 billion tokens to manage its economy.
Of this, 43.09% is dedicated to staking rewards, and 8% is reserved for P2E incentives. Stakers are promised a minimum of 40% Annual Percentage Yield (APY) over four years.
Sponge V2 focuses on growth through strategic marketing and community engagement, with the support of a strong 30,000-member community base.
It also offers bonus incentives for initial V1 investors who transition to V2. This approach shows Sponge V2’s commitment to its existing user base and its new utility-centric direction. Interested users can enter the Sponge V2 Telegram channel or follow it on X (Twitter) to stay updated.
Presale Started | Dec 2023 |
Purchase Methods | ETH, USDT, Card |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
4. Smog – Popular Meme Coin Offers Airdrop Rewards and 42% Staking APYs
Smog ($SMOG) is quickly capturing investor attention with its impressive performance since its launch on February 7, 2024, on the Jupiter DEX.
The token’s market cap surged from $2 million to over $60 million, rivaling or even surpassing the gains of previous meme coins like Bonk and Dogwifhat. This growth is primarily driven by the “Greatest SOL Airdrop” campaign, which aims to give out 490 million of its 1.4 billion tokens to active community members.
Smog stands out for its dual focus on rewarding token holders with massive airdrop prizes and offering high staking yields of 42%, creating a strong incentive for long-term investment.
This strategy creates strong community engagement and makes Smog a top choice among other meme coins in the next crypto bull run. Moreover, the platform had a fair launch without a presale, ensuring equal access for all investors.
Additionally, 50% of the token supply is allocated for marketing efforts to drive more adoption, while plans for cross-chain accessibility and future exchange listings aim for improved liquidity and accessibility.
Investors interested in Smog’s progress can read the Smog whitepaper and engage with the community through the official Telegram channel and X (Twitter).
5. eTukTuk – Best Green Crypto Project
eTukTuk is a new green crypto initiative that addresses urgent global issues like climate change and economic inequality.
It’s focused on transitioning traditional fuel-based TukTuks to electric alternatives, particularly in Sri Lanka. It can greatly cut carbon emissions and operating expenses, potentially increasing driver earnings by a stunning 400%.
The ongoing presale of $TUK tokens, still in the whitelisting phase, marks a step towards its upcoming listing on different exchanges. This platform is particularly relevant in Sri Lanka, where TukTuks is a popular transportation method, and eco-awareness is increasingly prevalent.
Additionally, through local collaborations, eTukTuk looks to create a strong network of Electric Vehicle Supply Equipment (EVSE) and solar charging stations.
The project’s scope extends beyond green transport, including accessible and widespread charging infrastructure. The reputable Capital Maharaja Group, owning a 20% stake, supports eTukTuk’s aim of financial inclusivity.
eTukTuk also intends to use blockchain for digital ID distribution, promoting broader financial involvement in developing countries.
As per eTukTuk’s whitepaper, token holders can contribute to the operation of charging stations by staking their tokens and earning enticing annual returns. The $TUK token, mainly used for transactions at EV charging stations, also plans to share profits with local partners managing these facilities.
To get the latest updates, you can join the eTukTuk Telegram channel.
6. Mollars – Store-of-Value Token With a Total Supply of 10 Million Tokens
Mollars is a crypto project designed to solve several major issues in the gaming and finance industries, including improving decentralization, transparency, and fairness. Its native token $MOLLARS is the store-of-value token, but it will turn into a utility and governance token in the future.
The $MOLLARS token is available for purchase on a token presale where 4 out of 10 million tokens will be made available. So far, over $1 million has been raised, and over 1.7 million tokens have been sold. To buy the token, connect your MetaMask wallet and use ETH, USDT, or a card. Once the presale ends, you can claim your tokens.
There are four phases in the project’s roadmap, where the first two phases include laying the groundwork with the token launch, social media engagement, and listing on exchanges, and the last two phases include building a decentralized exchange and transitioning the governance from the team to the token holders, per the Mollars whitepaper.
Follow Mollars on X and join the Mollars Telegram channel for the latest information.
Presale Started | January 2024 |
Purchase Methods | USDT, ETH, CARD |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
7. Shiba Shootout – Unique Meme Coin Project, offering Extensive Utility Features
Shiba Shootout ($SHIBASHOOT) has stormed the market as a promising ICO project. Amid great anticipation around the next bull run, the token has been showing glaring signs of becoming a viral success. Shiba Shootout’s aim is to outperform other meme coins in the market.
Meanwhile, the Wild West-inspired theme of the project comes with creativity, utility ideas, and a shared love for crypto to gather enthusiasts in Shiba Gulch. These elements have the potential to make the token an attractive sensation for savvy investors.
Shiba Shootout offers fascinating utility ideas to keep its community active and growing. According to the project whitepaper, Shiba Shootout intends to hold regular campfire story sessions where community members will share their crypto and meme coin stories with others.
In addition, the token has a staking mechanic, allowing holders of $SHIBASHOOT to stake their holdings and accumulate more tokens. More so, with the token, community members will have the opportunity to vote on issues relating to the project.
Considering these factors, we are optimistic that $SHIBASHOOT will build an exciting community that will sustain its growth and development in the coming years. The token is presently in its presale stage and it sells for $0.0187.
However, the price is expected to increase as the presale journeys through different phases.
Presale Started | April 2024 |
Purchase Methods | USDT, ETH, BNB, CARD |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
8. InsanityBets – Redefining CasinoFi and GameFi With a Non-Custodial Platform, Allowing Users To Earn Real Yields
InsanityBets is redefining the CasinoFi and GameFi space by building a decentralized, non-custodial platform where users can become ‘the house’ and earn from real yields generated from gameplay outcomes.
The project recently launched its presale to distribute 50% of the total supply of native tokens, $IBET, to early-stage investors at a discounted rate.
The platform’s $ILP protocol will allow players to deposit cryptos like $ETH, $USDT, and $BTC and earn yields from game wins and losses rather than inflation.
Fairness and transparency are a priority for InsanityBets, which is why it uses Chainlink VRF to provide randomness in every game. Players engage in a flywheel effect through the project’s games, invest in the project’s growth, and benefit from other participants’ gameplay.
The tokenomics designed for $IBET promotes benefits to early adopters and referrers and provides staking as $sIBET, including fee revenue-sharing and yield from real protocol generation.
The project aims to leverage the $231 billion gaming market to offer a decentralized profit-sharing solution, dynamic gameplay, and community participation.
Investors can follow InsanityBets on X and join its Telegram group for the latest information. The alpha-stage presale is live, allowing investors to now grab a stake in the platform.
Token Symbol | IBET |
Presale Supply | 5 Billion |
Token Type | Arbitrum |
Payment Method | ETH, USDT,BNB, USDC, etc |
Listing Price | N/A |
9. Gas Wizard – New Altcoin Presale That Once it Goes Live it Will Reward Your Gas Station Purchases
Gas Wizard is an exciting new altcoin that could outperform because of its real-world utility. Once the project is live, it will aim to offset gas price surges by offering rewards in $GWIZ tokens, as well as discounts on purchases made at partner gas and EV charging stations.
For now, the project is in a token presale phase where you can buy $GWIZ for $0.01 each. This is probably the lowest price you can get as the price will go up with each presale stage. Once it lists on exchanges, the price will likely be higher.
There will be several ways to earn the tokens, including playing games with other players where $GWIZ will be at stake, or you can update gas prices to help users find the cheapest gas in real-time.
The only way to buy the token currently is on a presale by using ETH, BNB, WBTC, USDT and USDC both on the Ethereum and the Binance networks.
Only 6% of the total token supply will be offered in a presale and a public sale, while a combined of 30% will be allocated for staking and platform rewards.
Learn more about the project by following the Gas Wizard X account and by joining the Gas Wizard Telegram channel.
Token Symbol | GWIZ |
Presale Supply | 5 Billion |
Token Type | Ethereum |
Payment Method | ETH, USDT,BNB, USDC, WBTC |
Listing Price | N/A |
10. Cardano – Best Blockchain Platform Offering Smart Contracts
Cardano is a crypto platform that allows developers to build and deploy decentralized applications. One of the main reasons why investors should keep an eye on ADA during the next crypto bull run is its underlying technology.
The Cardano blockchain uses a unique consensus algorithm that enables it to scale much more efficiently than other networks. It is built on the proof-of-stake consensus, which means that the platform processes transactions swiftly and at low fees. This makes it one of the best platforms for developing dApps based on smart contracts.
ADA is the native cryptocurrency of the Cardano ecosystem. It is part of a new breed of digital currencies that are focused on providing users with real-world utility and features. In other words, if the adoption of Cardano increases, ADA could be a notable coin to hold during the next crypto bull run.
Beyond its technical superiority, ADA also offers users a wide range of useful features that make spending and storing digital currency easy and convenient. One of these features is the ability to send ADA directly to email addresses, making it a great choice for merchants looking to accept cryptocurrency payments.
As of writing, ADA is trading at around $0.40 per token, which gives it a market capitalization of over $13 billion. This places it in the top 10 most valuable cryptocurrencies by market cap. Moreover, investors can buy Cardano and use it for staking or as a payment option.
Although the Cardano price is down like the rest of digital coins in 2023, it is still one of the fastest-growing cryptocurrencies. Given its strong fundamentals, ADA is one of the top digital coins to have the capability to witness a price hike in the next crypto bull run.
What is a Crypto Bull Run?
A ‘bull run’ is a term used to describe an extended period of time where there are more buyers than sellers in the market. When a crypto bull run is in place, market confidence is high and broader demand for tokens often outweighs supply. This subsequently leads to a rise in the value of the wider crypto market.
Crypto bull runs are typically associated with increased media attention and investment interest. This leads to more people buying into the crypto market and pushing prices up further.
A bull run can last for weeks, months, or even years until the market eventually reaches a point where it is no longer sustainable, and prices begin to decline.
Crypto bull runs are often compared to stock market bubbles, as they share many similarities. Both tend to be driven by speculation and hype rather than fundamentals. And both can end up causing widespread damage when they eventually burst.
The latest crypto bull run began in mid-2020 and lasted until late 2021. During this time, the value of Bitcoin and many of the best altcoins soared to record highs. Ultimately, many investors are looking to load up on cheap cryptocurrencies and identify the best crypto for the next bull run while it’s still gathering steam.
Will Crypto Have Another Bull Run?
It seems likely that the crypto bull run has already started. A growing number of crypto industry leaders making Bitcoin price predictions believe the coin will reach fresh all-time highs surpassing $100,000 in 2024, after reaching a new all-time high. Bitcoin traded above $73,000 on 14th March 2024, topping previous records set earlier in the month, and is still trading at above $64K at time of writing.
And a rising tide lifts all boats, with the bottom half of the largest 100 digital assets up about 60% over the past month. According to CoinGecko, the overall value of tokens shot up by more than $800bn in the same period.
Investor attention has shifted to positive developments in the world of crypto, such as the approval of Bitcoin Exchange-Traded Funds (ETFs). This has attracted larger traditional investors previously hesitant to engage with crypto.
Upcoming Bitcoin Halving Bull Run
The upcoming Bitcoin halving that’s expected to happen early in the second quarter of 2024 is an important focal point for investors making crypto bull run predictions. This event, occurring every four years, involves a reduction in rewards for miners, and entities maintaining the Bitcoin network.
By halving these rewards, the event helps cap the supply of Bitcoin at 21 million coins and often acts as a catalyst for a new market rally.
When is the Next Crypto Bull Run?
Many analysts believe the next crypto bull run has already started, as we’re squarely in the run-up to Bitcoin’s halving, scheduled to happen early in the second quarter of 2024.
We are also seeing some of the most prominent factors that can motivate the markets to move bullish, including:
- Increasing demand from buyers: When people want to buy a cryptocurrency, the price will go up. This is because there are more buyers than sellers in the market. The upcoming Bitcoin halving will reduce the rate at which new Bitcoins are created, which can increase demand as fewer Bitcoins are mined per block.
- FOMO (Fear of Missing Out): This is when people buy a cryptocurrency because they are afraid of missing out on the potential profits that can be made. When the price of a particular coin starts to rise, as we saw happening with Bitcoin and many other much smaller altcoins, more and more people want to get in on the action, resulting in even more buying pressure and an increase in value.
- News and events: Whenever there is positive news or events related to a particular cryptocurrency, this can result in a broader price increase. This is because investors become more confident in the future prospects of the coin and are more likely to buy it. The widespread coverage about the beginning of the crypto bull run could certainly contribute to the buying frenzy.
- Innovation in the crypto space: Another important factor is innovation within the cryptocurrency space. If new crypto projects are being developed, this could lead to more interest from investors and result in a wider valuation increase.
- Bulk investments by crypto whales: When large investors, often referred to as “whales”, buy up a large amount of a particular coin, this will often cause the price to go up. This is because their buying pressure creates more demand for the coin within the crypto market, leading to an increase in value.
Aside from the above, global economic conditions can also influence the attitude of crypto investors. In other words, if the overall financial market is bullish, investors are more encouraged to take a risk on cryptocurrencies.
Investors should keep an eye on all of these factors to try and predict when the next bull run might occur.
How We Rated the Best Crypto for the Next Bull Run – Our Methodology
The Cryptonews developed a methodology to identify the best cryptocurrencies to buy before the next crypto bull run, with each factor weighted at 20%.
Market Cap and Liquidity (20%)
We evaluated the market capitalization of each cryptocurrency to gauge its size and liquidity. Our top picks were cryptocurrencies with a large market cap and high trading volume, as they were more likely to attract investor interest and support during a bull run.
Technology and Innovation (20%)
We assessed the underlying technology and innovation behind each cryptocurrency. We looked for cryptocurrencies with strong technological fundamentals, such as scalability, security, and decentralization. Innovative features or use cases that set the cryptocurrency apart from competitors and demonstrated potential for long-term growth were prioritized.
Community and Development Activity (20%)
We examined the size and engagement of the cryptocurrency’s community. We analyzed developer activity and contributions to the cryptocurrency’s codebase and ecosystem, favoring cryptocurrencies with active and supportive communities, as well as ongoing development efforts that indicated resilience and adaptability.
Adoption and Partnerships (20%)
We evaluated the level of adoption and integration of each cryptocurrency into real-world applications and industries. Factors such as merchant acceptance, payment processors, and developer interest in building on the cryptocurrency’s platform were critical to achieving a high ranking in our recommendations.
Market Sentiment and Trend Analysis (20%)
We monitored market sentiment and trend analysis to identify cryptocurrencies with positive momentum and bullish indicators. Technical analysis tools and chart patterns were used to assess price movements and identify potential entry points, while sentiment indicators, social media discussions, and news sentiment allowed us to gauge market sentiment and investor confidence.
By combining fundamental, technical, and market sentiment analysis, our next crypto bull run predictions identified promising investment opportunities with a high probability of exceptional performance in the upcoming bull market.
Should You Invest Before a Bull Run?
Investing before a bull run is often seen as a smart move by investors. By buying crypto market assets during a market downturn, investors can benefit from the eventual increase in prices that happens during a bull run.
However, there are also some risks associated with investing before a bull run. After all, there is no guarantee that crypto prices will ever recover to previous highs.
Despite the risks, investing in the crypto market before a bull run can be a favorable move for individuals who are willing to take on additional risk.
Additionally, investing in crypto ICOs can be an effective way to prepare for a crypto bull run. Investors are protected from immediate downside since the coin will not have been officially listed yet.
By carefully monitoring the market and making informed investment decisions, investors can maximize their chances of success and generate returns even in a tough economic environment.
Conclusion – The Best Altcoins for the Next Bull Run
While there are no guarantees in this space, many investors believe that the next cryptocurrency bull run is inevitable. As such, most serious investors are preparing their portfolios accordingly. The coins to buy for the next bull run recommended in this article are potentially a great place to start.
The next 1000x crypto to get ahead of the next bull run is Dogeverse ($DOGEVERSE). Dogeverse is the latest dog-themed meme coin to be launched on Ethereum. With 200 billion tokens available in the presale, buyers can immediately put their investment to work and start earning passive staking yield right away.
Crypto Bull Run Predictions and FAQs
When is the next crypto bull run expected?
Some analysts believe the next Bitcoin bull run is expected to occur when BTC mining rewards are halved again. This is expected to take place around April 2024, although there are no guarantees.
How do we know what the next bull run crypto will be?
This is a challenging question to answer, considering that many factors can affect the price of cryptocurrencies. Looking at historical patterns and the current state of the market can help us determine the next crypto bull run prediction, but it is not set in stone.
What is the next big cryptocurrency?
There are many contenders for the title of the “next big cryptocurrency.” Our favorite would have to be Dogeverse. A multi-chain take on the classic meme coin, Dogeverse provides stakers with the opportunity to earn impressive APY through its staking mechanism.
Altcoins
On-chain data confirms whales are preparing for altcoin surge with increased buy orders

Ki Young Ju, CEO of analytics platform CryptoQuant, believes whales are preparing for an upcoming surge in altcoins.
In a recent revelation about X, Ju underlines that the volume of limit buy orders for altcoins, excluding Bitcoin and Ethereum, is increasing. This pattern suggests the formation of substantial buy walls, highlighting significant buying pressure from large-scale investors.
Ju’s chart identifies two main phases in limit order volume for altcoins: the limit sell phase and the limit buy phase. The limit sell phase saw a notable increase in cumulative sell orders in 2022, demonstrating strong selling pressure from whales and other market participants. This phase coincided with a period of falling altcoin prices due to unfavorable market conditions.
Then, the limit buying phase began, marked by a significant increase in cumulative buy orders. This indicates a period of strategic accumulation where whales establish substantial buy walls.
According to Ju, the increase in buying volume suggests confidence in the future conditions of the altcoin market. This buying pressure creates strong support levels, indicating that whales are preparing for a positive change in the market.
Buying pressure on specific altcoins
Ju also provided a heatmap of the 1-year normalized cumulative buy/sell volume difference for various altcoins, showing the buying and selling pressure over time. Solana (SOL) has seen alternating strong buying and selling phases, with recent activity showing increased buying interest. Cosmos (ATOM) and Polygon (MATIC) have also shown increased buying pressure despite mixed activity trends.
Cardano (ADA) and PancakeSwap (CAKE) have shown balanced buying and selling phases, with recent trends proving increased buying pressure. Coins like AMP and ANKR have also demonstrated increased buying activity. The heatmap reveals that most altcoins are seeing increased buying pressure as whales and large investors accumulate altcoins in anticipation of a rally.
Meanwhile, coins experiencing selling pressure, as indicated by the predominantly red areas on the heatmap, include DOGE, DASH, AXS, XRP, COMP, and AAVE, BNT.
Bitcoin whales are also buying
It is important to note that while whales are accumulating altcoins, Bitcoin whales are also active. Crypto Basic note an increase in buyer activity on Binance, which aligns with an increase in the buy/sell ratio of takers and whale movements. Analyst Ali Martinez highlighted the ratio fluctuations from below 0.8 to above 1.7 between July 27 and 31. Ratios above 1.0 indicate aggressive buying, often preceding price rallies.
From July 27 to July 28, the ratio remained mostly above 1.0, corresponding to the rise in Bitcoin price from around $66,500 to over $67,000. A spike to around 1.5 led to a sharp increase in price to around $68,500. However, on July 30 and 31, the ratio fell below 1.0 several times, corresponding to a drop in price to around $66,000, before a final spike to 1.7 indicated another slight increase in price.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
How to buy a car with cryptocurrency

The automotive and cryptocurrency industries have been merging for the past few years. As digital currencies become more prevalent in everyday activities, it is increasingly likely that they will be integrated into everyday transactions, such as when buying a car. The article unpacks the dynamic relationship between cryptocurrency and car buying today, explaining how digital currencies can be used to buy a vehicle today. It includes elements such as some of the benefits and challenges of buying a car using cryptocurrency and what lies ahead in the future.
Understanding Cryptocurrency Payments in the Automotive Industry
Cryptocurrency is not just a digital asset; it represents a revolutionary approach to decentralized financial transactions. The automotive industry, known for its adaptability, has begun to accept cryptocurrencies as a legitimate form of payment in various markets. For example, luxury car dealerships and online platforms offering car auctions in new york increasingly allow buyers to purchase cars using cryptocurrencies.
There are several factors that determine how much cryptocurrency you need to buy a car. Among them, the most influential will be the current value of the cryptocurrency you want to use at that moment. Unlike traditional currencies, cryptocurrencies can be very volatile. Their value can change drastically in an instant, which affects the amount needed at the time of purchase.
Benefits of Buying Cars with Cryptocurrency
Buying cars with cryptocurrencies offers several advantages:
– Reduced transaction fees: Cryptocurrencies can reduce the fees involved in large financial transactions typical of car purchases.
– Enhanced Privacy: Buyers who value their privacy can benefit from anonymity through blockchain-based transactions.
– Speed and convenience: transactions are faster than those carried out by banks, especially when the operation has an international scope.
Challenges and considerations
Although the benefits are compelling, several challenges must be considered:
– Volatility: At one moment, the price of any cryptocurrency can collapse, or the next minute it can skyrocket, and the price needed to buy a car can double or triple from one day to the next.
– Limited acceptance: Not all dealers accept cryptocurrency, which in turn may limit its use for making purchases.
– Tax implications: This may create different tax implications on purchases via cryptocurrency, depending on your jurisdiction.
Practical steps to buy a car with cryptocurrency
If you want to use cryptocurrency to buy a car, follow these steps:
- Ensure Acceptance: Check if the dealer or auction accepts the use of cryptocurrency.
- Check the conversion rate: You need to know how much your cryptocurrency is currently trading at compared to the price of the car in fiat currency.
- Secure your funds Make sure your digital wallet is secure and funded.
- Know the terms: Be informed and be clear about return policies as well as any additional fees incurred.
- Complete the transaction: Continue the payment via the digital wallet.
Future prospects
There is a good chance that many car dealerships will start accepting digital currencies, especially when blockchain technology pushes the boundaries and cryptocurrencies become stable. This trend is expected to be propelled forward due to the increasing demand for transparency, security, and efficiency in transactions.
Conclusion
The potential for cryptocurrencies to have a real impact on the car buying process is enormous. Of course, there are a few issues that emerge when considering the current market, including volatility and limited acceptance. However, the benefits of using digital currency to execute such transactions can easily outweigh the drawbacks for many buyers. As both sectors continue to grow, buying cars with cryptocurrencies shows a promising future and therefore creates a more connected and developed technological automotive market.
This means that buying a car, whether in cryptocurrency or in another form, is not just about following technological trends; it is rather about enjoying greater freedom and efficiency in financial transactions. Indeed, the closer the digital and automotive worlds become, the more buyers should expect simpler, much safer and also very innovative ways of purchasing.
Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
Introducing Bit-Chess. The World’s First Fully Decentralized Chess Platform

Bit-Chess announces the pre-sale of the world’s first fully decentralized chess platform, combining the classic strategy game with the innovative world of cryptocurrencies. This platform will change the way millions of people interact with chess online, providing a digital space where players can enjoy their favorite game, compete in global tournaments, and earn rewards through play-to-win mechanics.
Bit-Chess is an entry point for both experienced players and newcomers to the crypto space. It provides tools and guides to help even inexperienced users get started with cryptocurrencies by creating in-game wallets upon first login. It is the first chess game to use Web3 technology, and all participants can earn money while playing.
During the presale, 500 of the 2,000 special NFTs will be available, with the rest distributed through tournaments and auctions. Unless NFT holders agree otherwise, the team will manage 1,500 NFTs, preserving their rarity with a cap of 2,000 pieces. More information about the NFT marketplace will be released after the token’s official launch.
The platform aims to become the world’s leading online chess center, offering:
Play to win features.
Global tournaments with cash or NFT prizes.
Player versus player challenges
Special NFTs and more
Bit-Chess invites players from all over the world to join its unique ecosystem, where playing chess is more than just entertainment: it’s an opportunity to earn and learn in the world of crypto.
For more information and to participate in the presale, Visit the Bit-Chess website.
Disclaimer: This press release article is provided by the client. The client is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. The Crypto Basic is not responsible for the accuracy of the information or for any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on the information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoins
Here’s the price of XRP if it handles 10% of SWIFT transactions

Popular community figure Amélie predicts a massive increase in the price of XRP if its underlying network, XRPL, is used to process 10% of all SWIFT transactions.
In a recent article on X, Amélie took on SWIFT (Society for Worldwide Interbank Financial Telecommunication), suggesting that XRP is a better alternative for cross-border settlements.
Ripple claims Swift is not fast enough
In a recent post on X, the community personality called attention to a Ripple ad claiming that “Swift isn’t fast enough.” The remark was a subtle criticism of Ripple’s transaction processing speeds for the global financial messaging giant.
Interestingly, Ripple has recommended financial institutions to adopt its solution to instantly transfer value across borders.
Amelie compared the processing speed of SWIFT and XRP transactions. According to community figures, cross-border transactions on SWIFT typically take between three and five business days. Conversely, Amelie claimed that XRP transactions can be completed in four seconds.
After the analysis, Amélie echoed Ripple’s sentiments, pointing out that SWIFT is not fast enough compared to XRP.
XRP to Surpass $1,000 if it handles 10% of SWIFT transactions
Therefore, enthusiasts have speculated that all SWIFT transactions will eventually be processed through the XRP Ledger (XRPL), the underlying blockchain of the XRP token.
Interestingly, she suggested that the price of XRP could surpass $1,000 per token if 10% of all SWIFT network transactions were processed through XRPL. However, Amelie did not provide details on how XRP could reach this milestone.
SWIFT VS XRP:
SWIFT: 3 to 5 business days
XRP: Cross-border payments in 4 seconds
SWIFT IS NOT FAST ENOUGH!
I think all Swift transactions will soon be processed via #XRPL 💵💱💴
10% of SWIFT network = $1,000+ per XRP! pic.twitter.com/Jt6mumQHfb
— 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) July 20, 2024
Can XRP replace SWIFT?
Several cryptocurrency enthusiasts have compared XRP to SWIFT in recent years. In particular, the famous crypto asset manager Grayscale characterized XRP as an alternative to SWIFT. Notably, some users have taken this comparison further by projecting that XRP could eventually replace SWIFT because of its inefficiencies, including slow transaction processing.
The potential replacement of XRP with an established system like SWIFT would require more than just community support. Factors such as the final resolution of the SEC lawsuit, increased institutional adoption of XRP, and large-scale commercial partnerships leveraging Ripple’s payment solution could play a critical role in XRP’s potential replacement or integration with SWIFT.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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