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Best Altcoins to Buy Now in July as Crypto Prices Crash
This article has been paid*
How are you handling the crypto crisis in July? Probably not well, but it’s all part of the broader crypto market rally. Corrections are normal and actually necessary in this industry.
Now is the time to take a look at the best cryptocurrencies to buy now and stock up for what’s to come in the second half of 2024.
Research is key in the cryptocurrency industry and we have compiled this list based on the project’s features, plans, team, marketing, among other things.
Best Cryptocurrencies to Invest in July 2024
- Shiba Inu Shooting (SHIBASHOOT) – A Wild West-themed meme coin featuring Shiba cowboys and high-yield “cactus staking.”
- Pepper Released (PEPU) – A Pepe-inspired meme coin that aims to create a Layer 2 blockchain for faster transactions and lower fees.
- Dawgz Base (DAWGZ) – A multi-chain meme coin project that operates primarily on the Base network with cross-chain capabilities.
- Play Doge (PLAY) – A nostalgic Tamagotchi-inspired in-game meme coin that lets users earn rewards by caring for virtual Doge pets.
- WienerAI (WAI) – A bizarre meme coin that combines a dachshund theme with an AI-powered trading bot to identify investment opportunities.
- 99Bitcoin (99BTC) – An educational crypto project that offers a “learn to earn” model where users earn tokens by completing courses and quizzes.
- Alephium (ALPH) – A blockchain technical project that uses novel sharding and consensus mechanisms to improve scalability and transaction speed.
Shiba Inu Shooting (SHIBASHOOT)
First on our list of the best cryptocurrencies to invest in right now is Shiba Shootout. This is a new dog-themed meme coin, an alternative to Shiba Inu. But this one offers a Wild West narrative.
It features characters like Marshal Shiba and the Shiba Sharpshooters. Marshal is the main character and looks like a cowboy, while the Shiba Sharpshooters are members of the community. The place where it all happens is Shiba Gulch.
Shiba Shootout offers some interesting features and community engagement options. Cactus staking is definitely the key part, as annual rewards are now over 2,000% and millions of SHIBASHOOT tokens are already staked.
Other features include Posse rewards, campfire stories, lucky lasso lotteries, and token governance roundups.
The token is currently in presale and has raised around $500,000 so far. The team also plans to continue marketing with various crypto media and influencers.
That being said, every project that will be mentioned in this list of the best altcoins to buy now has a similar marketing plan. This is simply crucial for any early-stage crypto project.
All in all, Shiba Shootout might be the next big meme.
Pepper Released (PEPU)
Second on our list is Pepe Unchained, a new meme coin that is also up for pre-sale. This introduces Layer 2 blockchain built on Ethereum. Fast transactions and low fees are the value propositions here. In fact, the project claims that transaction speeds will be 100 times faster than the Ethereum network.
The central character is Pepe the frog who was chained to the Layer 1 room until Pepe Unchained happened and offered Layer 2 as a solution. Pepe Unchained aims to become a platform for other meme coin projects to build on its Layer 2 blockchain.
This could potentially foster a more interconnected meme coin ecosystem.
You can also stake PEPU for high annual rewards, now over 800%. Over 180 million PEPU tokens have already been staked.
The project has a well-defined tokenonomy: 20% for presales, 30% for staking rewards, 20% for marketing, 10% for liquidity provision, 10% for project development and 10% for the chain infrastructure.
All in all, this is one of the best meme coins to be considered in the coming weeks.
Dawgz Base (DAWGZ)
Base Dawgz ($DAWGZ) is another new meme coin on our list. This one operates primarily on the Base blockchain network.
However, it also offers multichain capabilities on other popular blockchains such as Ethereum, Solana, Binance Smart Chain, and Avalanche. +This cross-chain capability is facilitated by technologies such as Wormhole and Portal Bridge.
Similar to SHIBASHOOTT and PEPU, DAWGZ is also in the presale stage and has raised over $2.3 million. The price will increase as the presale progresses to the next stages.
Investors can purchase $DAWGZ tokens using various cryptocurrencies, including ETH, BNB, SOL, AVAX, USDT, and USDC, by connecting their wallet to the official Base Dawgz website.
The project encourages community engagement by offering rewards for social media activity and content creation, as well as introducing a referral program to incentivize community growth.
Additionally, Base Dawgz includes features like staking on the Ethereum network. So, this is another meme coin to keep an eye on in July.
Play Doge (PLAY)
Then we have PlayDoge (PLAY), one of the newest projects that combine memes and gaming. This meme coin is available for pre-sale to the public at a discounted price.
PlayDoge is inspired by the popular 90s Tamagotchi virtual pet game, but with a twist: the mascot is the iconic Doge meme.
Users play a retro-style game where they have a pet (similar to Tamagotchi). They must interact with their pets and then earn experience points (XP) that help them climb the leaderboards and earn $PLAY tokens.
Unlike typical and traditional video games, PlayDoge allows players to monetize the time spent playing. Both players and non-players can earn rewards through playing or staking.
PLAY has a total supply of 9,400,000,000 tokens and 50% of them are dedicated to the presale phase. The other half goes to liquidity, rewards, marketing and project funds.
What is important to note about PlayDoge’s staking feature is that you can stake the token on both the BSC and Ethereum networks. The Ethereum network offers slightly higher annual rewards, however.
For now, you can only buy DOGE through the official pre-sale website, on the ETH and BSC networks, and by credit card.
WienerAI (WAI)
And the next meme coin on our list of best altcoins to invest in now is WienerAI. It is also in the presale stage where it has raised over $7 million. Like SHIBASHOOT, this token only works on the Ethereum network.
The token is described as “Part dog, part sausage, part AI trading bot.”
However, the main feature of WienerAI is definitely an AI-based trading bot. This bot is designed to identify investment opportunities in cryptocurrency trading.
WienerAI incorporates real-time MEV (Miner Extractable Value) protection to prevent front-running bots from exploiting user transactions.
There is also a staking feature with annual rewards of over 150% at press time. And over 6 billion WAI tokens have already been staked.
The token will be launching soon on Uniswap and Dextools, so this is your last chance to buy WAI tokens at a discounted price during a presale.
99Bitcoin (99BTC)
Next up is 99Bitcoins Token (99BTC); a new project launched by 99Bitcoins, a popular cryptocurrency education platform. It is also currently on pre-sale and has raised over $2.3 million so far.
The core concept behind 99BTC is the “learn to earn” model.
Users can earn 99BTC tokens by participating in educational activities on the platform. These activities can include completing courses, taking quizzes, and interacting with cryptocurrency-related content. Additionally, users will receive 99BTC tokens as a reward for learning activities.
The team plans to list 99BTC on decentralized and centralized exchanges after the presale. You can buy this token at a discounted price on both Ethereum and BSC networks and also via credit card.
Alephium (ALPH)
And the last place on our list of the best altcoins to buy now in July is Alephium. It addresses the limitations of existing blockchain technologies by offering scalable and secure solutions for decentralized applications.
Alephium uses a new sharding algorithm called BlockFlow, which breaks data into smaller subsets called shards. This allows for parallel processing of transactions. Alephium claims to reach up to 10,000 transactions per second (TPS), which is much higher than Bitcoin’s 7 TPS.
Alephium uses the Unspent Transaction Output (UTXO) model, similar to Bitcoin. This model ensures safe and efficient token transfers without the need for additional approval transactions.
Additionally, Alephium introduces Proof of Less Work (POLW), an innovative mechanism that dynamically adapts the work required to mine new blocks based on network conditions.
With a market cap now below $100 million following this month’s cryptocurrency price decline, ALPH could be well-positioned to generate gains for its new holders in the latter half of 2024.
Conclusion: What is the most interesting cryptocurrency to buy right now?
In summary, cryptocurrency prices may be struggling right now, but that doesn’t mean it’s time to throw in the towel. If anything, this downturn could be the perfect opportunity to scoop up some promising altcoins at a discount.
As we move into the second half of 2024, it will be exciting to see which of these altcoins will rise the most. Who knows? The next big crypto success story could be on this list.
*Cryptonomist did not write the article nor has tested the platform.
News
Ether Drops Further After ETF Launch
Key points
- Spot ether ETFs began trading in the U.S. today, with the funds initially having more than $10 billion in collective assets under management.
- Analysts expect the launch of spot ether ETFs to have a net negative impact on the underlying price of ether in the near term, due to expected outflows from the pre-existing Grayscale Ethereum Trust.
- Spot Bitcoin ETFs continue to see strong inflows, with BlackRock’s IBIT alone seeing more than $500 million in inflows on Monday.
- Franklin Templeton, a spot ETF issuer on bitcoin and ether, has invested in a project that intends to bring Ethereum technology to Bitcoin.
Nine-point ether exchange-traded funds (ETFs)) started trading on the stock market on Tuesday, but all the optimism ahead of their approval did not translate into gains for the cryptocurrency markets.
Ether (ETH), the native cryptocurrency of the Ethereum blockchain, dropped less than 1% around the $3,400 level as of 1:30 PM ET, while Bitcoin (BTC) fell more than 2% to around $66,000.
Ether ETFs’ Debut Isn’t as Flashy as Bitcoin ETFs’
Spot ether ETFs began trading at just over $10 billion assets under management (AUM)), according to Bloomberg Intelligence analyst James Seyffart, most of that money is in the current Grayscale Ethereum Trust (ETHE) which has now been converted into an ETF.
“In the long term, Grayscale will simultaneously have the highest and lowest fees in the market. The asset manager’s decision to keep its ETHE fee at 2.5% could lead to outflows from the fund,” Kaiko Research said in a note on Monday.
Outflows from ETHE, if they occur, would be similar to those faced by Grayscale’s Bitcoin Trust (GBTC) after spot bitcoin ETFs began trading in January of this year, most likely due to high fees for the two original funds. Grayscale’s existing fund charges 2.5% fees, while a new “mini” ether ETF will charge 0.15% and commissions for other ETFs are set at 0.25% or less.
Such outflows could impact the price of ether and market sentiment.
“There could be a pullback shortly after the launch of Ethereum spot ETFs, i.e. outflows from Grayscale Ether Trust could dampen market sentiment in the short term,” Jupiter Zheng, a partner at Hashkey Capital’s liquid fund, told The Block.
But Grayscale remains optimistic.
“Compared to the splashy debut of spot bitcoin ETPs in January, the launch of ethereum ETPs has been relatively muted,” said Zach Pandl, Grayscale’s head of research, adding that investors may be “undervaluing” ether ETFs that are “coming to the U.S. market in tandem with a shift in U.S. cryptocurrency policy and the adoption of tokenization by major financial institutions.”
Bitcoin ETF Inflows Continue to Rise
As for bitcoin, there is clearly no lack of demand for spot ETFs, such as BlackRock’s iShares Bitcoin Trust (IBITS) recorded its sixth-largest day of inflows in its short history on Monday, at $526.7 million, according to data from Farside Investors. Daily inflows for the overall spot bitcoin ETF market also hit their highest level since June 5.
In particular, asset manager Franklin Templeton, which has issued both bitcoin and ether ETFs, appears to have decided to cover its back when it comes to Ethereum by investing in Bitlayer, a way to implement Ethereum technology on a second-layer Bitcoin network, according to CoinDesk.
News
Spot Ether ETFs Start Trading Today: Here’s What You Need to Know
Key points
- Spot ether ETFs will begin trading on U.S. exchanges on Tuesday. Nine ETFs will trade on Cboe BZX, Nasdaq and NYSE Arca.
- Ether ETFs offer investors exposure to the price of their underlying assets.
- Commissions on these new ETFs generally range from 0.15% to 0.25%.
- These ETFs do not provide exposure to Ethereum staking.
The U.S. Securities and Exchange Commission (SEC) has officially approved nine ether spots (ETH)exchange-traded funds (ETFs) for trading on U.S. exchanges. Trading for these new cryptocurrency investment vehicles begins today. Here’s everything you need to know.
What new ether ETFs are starting to trade today?
Spot ether ETFs starting trading today can be found at Quotation, NYSE Arkand Cboe BZX. Here’s a breakdown of each ETF you can find on these three exchanges, along with the fund tickers:
Cboe BZX will list the Invesco Galaxy Ethereum ETF (QETH), the 21Shares Core Ethereum ETF (CETH), the Fidelity Ethereum Fund (FETH), the Franklin Ethereum ETF (EZET) and the VanEck Ethereum ETF (ETHV).
Nasdaq will have the iShares Ethereum Trust ETF (ETHA) created by BlackRock, which also operates the largest spot bitcoin ETF under the ticker IBIT.
NYSE Arca will list the Bitwise Ethereum ETF (ETHW) and the Grayscale Ethereum Trust (ETHE). The Grayscale Ethereum Mini Trust (ETH), which will begin trading on the same exchange.
How does an ether ETF work?
Spot ether ETFs are intended to offer exposure to the price of ether held by the funds. Ether is the underlying cryptocurrency of the Ethereal network, the second largest crypto network by market capitalization.
ETF buyers are buying shares of funds that hold ether on behalf of their shareholders. Different spot ether ETFs use different data sources when it comes to setting the price of ether. Grayscale Ethereum Trust, for example, uses the CoinDesk Ether Price Index.
None of the ETFs launching today include pointed etherwhich represents a potential opportunity cost associated with choosing an ETF over other options such as self-custody or a traditional cryptocurrency exchange.
Ether staking currently has an annual return of 3.32%, according to the Compass Staking Yield Reference Index Ethereum. However, it is possible that the SEC will eventually approve Ether staking held by ETFs.
How can I trade Ether ETFs?
ETFs can simplify the trading process for investors. In the case of cryptocurrencies, instead of taking full custody of the ether and taking care of your own private keysSpot ether ETFs allow investors to purchase the cryptocurrency underlying the Ethereum network through traditional brokerage accounts.
Today, not all brokers may offer their clients spot ETFs on cryptocurrencies.
What are the fees for ether ETFs?
The fees associated with each individual spot ether ETF were previously revealed In the S-1 OR S-3 (depending on the specific ETF) deposit associated with the offerings. These fees are 0.25% or less for all but one.
The Grayscale Ethereum Trust, which converts to an ETF, has a fee of 2.5%. The Grayscale Mini Ethereum Trust has the lowest fee at 0.15%. These fees are charged on an annual basis for the provider’s management of the fund and are in line with what was previously seen with spot bitcoin ETFs.
Brokers may also charge their own fees for cryptocurrency trading.
News
Kamala Harris Odds Surge Amid $81M Fundraise. What Does It Mean for Bitcoin and Cryptocurrencies?
Market odds and memecoins related to US Vice President Kamala Harris have soared as the latest round of donations tied to the Democratic campaign raised $81 million in 24 hours, bolstering sentiment among some traders.
The odds of Harris being declared the Democratic nominee have risen further to 90% on cryptocurrency betting app Polymarket, up from 80% on Monday and setting a new high.
Previously, in early July, bettors were only betting on 8%, but that changed on Saturday when incumbent President Joe Biden announced he would no longer run in the November election. Biden then approved Harris as a candidate.
Polymarket traders placed $28.6 million in bets in favor of Harris, the data showsThe second favorite is Michelle Obama.
Somewhere else, Memecoin KAMA based on Solanaa political meme token modeled after Harris, has jumped 62% to set a new all-time high of 2 cents at a market cap of $27 million. The token is up a whopping 4,000% from its June 18 low of $0.00061, buoyed primarily by the possibility of Harris becoming president.
As such, Harris has yet to publicly comment on cryptocurrencies or her strategy for the growing market. On the other hand, Republican candidate Donald Trump has expressed support for the cryptocurrency market and is expected to appear at the Bitcoin 2024 conference on Saturday.
However, some expect Harris or the Democratic Party to mention the sector in the coming weeks, which could impact price action.
“While he has not yet received the official nomination, there is consensus that last night’s development is in line with current Democratic strategy,” cryptocurrency trading firm Wintermute said in a Monday note emailed to CoinDesk. “Keep an eye on Democrats’ comments on this issue in the coming days.
“The prevailing assumption is that Harris will win the nomination and any deviation from this expectation could cause market volatility,” the firm added.
News
Top 30x Cryptocurrency and Coin Presales Today: Artemis Coin at #1, Others Are: BlockDAG, 99Bitcoin, eTukTuk, and WienerAI
The cryptocurrency market has seen a lot of growth and imagination lately, with new ventures popping up regularly. A critical pattern in this space is the rise of crypto pre-sales, which give backers the opportunity to get involved with promising projects early on. Artemis is a standout option for crypto investors looking to expand their portfolios amid the many pre-sales currently underway.
Cryptocurrency presales, commonly referred to as initial coin offerings (ICOs), allow blockchain ventures to raise capital by offering their local tokens to early backers before they become available on open exchanges. Investors can take advantage of these presales by purchasing tokens at a lower price. If the project is successful and the token’s value increases, investors stand to receive significant returns.
>>> Explore the best cryptocurrency pre-sales to buy now <<
The Ultimate List of the Top 5 Cryptocurrency Pre-Sales to Invest In
- Artemis: The aim of Artemis (ARTMS) will become the cryptocurrency equivalent of eBay or Amazon. The upcoming Phase 4 will see the launch of the Artemis Framework, which will serve as a stage for digital money exchanges where buyers, sellers, specialized organizations and those seeking administration can participate in coherent exchanges.
- DAG Block: uses Directed Acyclic Graph technology to increase blockchain scalability.
- 99bitcoin: operates as a crypto learning platform
- WienerAI uses AI-powered trading bots for precise market analysis.
- eTukTuk focuses on environmentally sustainable transportation options, such as electric vehicle charging infrastructure.
We have determined that Artemis is the best new cryptocurrency presale for investment after conducting extensive research. It presents itself as the unrivaled cryptocurrency presale choice currently open.
>> Visit the best cryptocurrency pre-sale to invest in now <<
Top 5 Crypto Pre-Sales and Best Cryptocurrencies for Investment Today
Artemis (ARTMS) is attempting to establish itself as the cryptocurrency version of eBay or Amazon. The Artemis Crypto System, which will act as a platform for cryptocurrency transactions, will be launched in Phase 4. Buyers, sellers, service providers, and requesters will all benefit from seamless trading with this system. Customers will be able to purchase things, such as mobile phones using digital money, as well as sell products such as involved bicycles and get paid in cryptocurrency. Additionally, crypto money can be used to pay for administrations such as clinical consultations, legitimate care, and freelance work. Artemis Coin will act as the main currency of the ecosystem, with Bitcoin and other well-known cryptocurrencies from various blockchain networks backing it.
Artemis Coin has increased in price from 0.00055 to 0.00101 from 0.00094. Artemis may be attractive to individuals looking to recoup losses in Bitcoin, as predicted by cryptocurrency analysts. At this point, it seems to present an interesting presale opportunity.
>>> Visit the best cryptocurrency pre-sale to invest in now <<
The world of digital currency pre-sales is an exciting and exciting opportunity that could open the door to game-changing blockchain projects. Projects in this article, like Artemis Coin, offer the opportunity to shape the future of various industries and the potential for significant returns as the industry develops.
However, it is imperative to approach these investments with caution, thorough research, portfolio diversification, and awareness of the risks. You can explore the digital currency pre-sale scene with greater certainty and increase your chances of identifying and profiting from the most promising venture opportunities by following the advice and methods in this article.
>>> Join the best cryptocurrency pre-sale to invest in now <<
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