Altcoins
The Best Altcoins to Add to Your Portfolio in July
There is reason to be happy in the cryptocurrency market in July.
Ethereum ETFs are preparing to launch, Bitcoin miners have stopped selling, and a flood of macroeconomic data is being released.
So, July could be a lucrative time to add more altcoin exposure to your portfolio.
So let’s explore the best altcoins to buy.
Pepe Unleashed
Pepe Unleashed is the latest interpretation of the “Pepe lineage”.
But this token is far from your average Pepe imitation.
It is the first Pepe-themed project to have its own Layer 2 Ethereum blockchain.
The project will be 100 times faster and much cheaper than the Ethereum mainnet.
However, unlike scalable Layer 1s like Solana, Pepe Unchained retains the decentralization and security of Ethereum.
And with meme culture at the heart of the network, it’s a no-brainer for fans and meme coin developers alike.
But as if that wasn’t enough, the project also offers huge staking rewards.
Currently, they are valued at an APY of 1,029%, but this number will decrease as the staking pool grows.
Meanwhile, the Pepe Unchained pre-sale price will gradually increase throughout the campaign. The current price is $0.0081939, but it will increase in 20 hours.
So, those who seek to buy $PEPU should act quickly.
Kaspa
Kaspa had a particularly strong performance this month with the launch of its new KRC20 beta network.
KRC20 is Kaspa’s new smart contract feature, allowing developers to build applications and launch tokens on the Kaspa network.
Kaspa has gained significant recognition for its BlockDAG technology, which makes the network fast, secure and scalable.
It addresses the blockchain trilemma in a way that no other network can, which has generated considerable excitement.
For example, RVCrypto recently predicted that Kaspa would be one of the first three projects to reach a $1 trillion market cap.
See more
$KAS will be one of the first three cryptocurrencies to reach a market capitalization of $1 trillion.
— RVCrypto (@RvCrypto) June 28, 2024
Meanwhile, its price has also reflected the bullish market sentiment, trading at a 630% premium compared to a year ago.
Currently, the price of KAS is $0.1822. It is up 1.3% today, 18% this week, and 31% this month. It currently holds a market cap of $4.3 billion, making it the 24th most valuable cryptocurrency.
Wave
Ondo is another cryptocurrency to add to your portfolio in July. It is the largest real-asset-focused token, meaning it will likely grow as the industry progresses.
The project’s flagship offerings are a yield-generating stablecoin and tokenized short-term US Treasuries.
This is a huge leap forward for finance and has worked in ONDO’s favour since its launch in January.
Its price has increased by more than 600% during this period, and the evolution of the RWA sector indicates that this bullish momentum could continue.
For example, BlackRock, the world’s largest asset manager, directed a fundraising round in April for a new RWA project totaling $47 million.
Currently, ONDO is trading at $1.18. It is down 1.5% today, 1.9% this week, and 13.4% this month. It has a market cap of $1.6 billion and a 24-hour profit of $147 million.
PlayDoge
PlayDoge is a new Play-to-Earn (P2E) meme coin based on the popular Tamagotchi game from the 1990s.
Tamagotchi has sold 82 million units over its lifetime, making it a huge market for PlayDoge.
But those aren’t the only people PlayDoge is aimed at.
Its incentivized gaming model and meme coin appeal make the project a favorite among cryptocurrency enthusiasts, and this is reflected in its early success.
Reminiscent of the original Tamagotchi game, PlayDoge users care for an 8-bit pet dog, ensuring it is happy and healthy. In return, they earn XP, which generates $PLAY rewards.
Although recently launched, the project raised over $5.3 million during its pre-sale.
The pre-sale is now underway, so investors can buy right from the start.
But there is no time to lose.
Market players can currently buy PlayDoge for $0.00514, but that price will soon increase.
Grandpa
Pepe has been the spearhead of meme season in 2024.
It burst onto the scene in 2023 and took the market by storm, reaching a market cap of $1.8 billion in its first few weeks.
However, the frog-themed meme coin has shown real staying power. It recently surpassed other meme coins and is currently the third largest, behind Shiba Inu and Dogecoin.
But to add to the excitement of the project, it is currently the most traded meme coin, with a 24-hour trading volume of $439 million.
This reflects massive market interest in the token, but it’s even more impressive given that Coinbase has yet to list it.
If a Coinbase listing were to occur, its trading volume would skyrocket, potentially boosting its price.
Pepe is currently trading at $0.00001145, down 1.1% today, 2.3% this week, and 21% this month.
This discount could provide a timely buying opportunity ahead of the next leg up.
Brett
Brett is another major meme coin poised for a major surge.
Brett is the largest meme coin on Coinbase’s native decentralized blockchain, Base.
However, what’s interesting about Brett is that Base doesn’t have a native part.
This stands in contrast to other blockchains like Ethereum, Solana, and BSC and means that a significant portion of Base’s growth speculation will flow directly into Brett.
Meme coins often offer beta exposure to the underlying blockchain coin, but since Base doesn’t have that, Brett is also primed for alpha exposure.
Brett has seen significant growth since launching Coinbase’s Smart Wallet in June.
It is trading at $0.1654, up 3.3% today, 10.2% this week and 47% this month.
The project has a market cap of $1.6 billion and a 24-hour trading volume of $42 million.