Best Altcoins to Add to Your Portfolio This July

Published

7 months ago

2 July, 2024

Best Altcoins to Add to Your Portfolio This July

There are many interesting things to expect from the cryptocurrency market in July.

Ethereum ETFs are gearing up for launch, Bitcoin miners have stopped selling, and a flurry of macroeconomic data is being released.

For this reason, July could prove to be a profitable time to add more altcoin exposure to your portfolio.

So let’s see which are the best altcoins to buy.

Unleashed pepper

Unleashed pepper It is the latest interpretation of the “Pepe bloodline”.

But this token is far from the usual 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 maintains the decentralization and security of Ethereum.

And with meme culture at the heart of the internet, it’s an obvious choice for meme enthusiasts and developers.

But as if that wasn’t enough, the project also offers huge staking rewards.

Currently, they are worth 1,029% APY, but this percentage will decrease as the staking pool grows.

Meanwhile, the pre-sale price of Pepe Unchained will gradually increase during the campaign. The current price is $0.0081939, but it will increase in 20 hours.

Therefore, those who seek to buy $PEPU should act quickly.

Caspa

Kaspa has seen 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 considerable notoriety 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, and that has generated a lot of excitement.

For example, RVCrypto recently predicted that Kaspa would be one of the first three projects to reach a $1 trillion market cap.

$KAS will be one of the first three cryptocurrencies to reach a market cap of $1 trillion.

— RVCrypto (@RvCrypto) June 28, 2024

Meanwhile, its price has also reflected the market’s bullish sentiment, registering a 630% premium over the previous year.

Currently, KAS is priced at $0.1822. It is up 1.3% today, 18% this week, and 31% this month. It currently has a market cap of $4.3 billion, making it the 24th most valuable cryptocurrency.

Wave

Ondo is another cryptocurrency to add to your portfolio this July. It is the largest real-world asset-focused token, which means it will likely grow as the industry evolves.

The project’s main offerings are a yield-generating stablecoin and tokenized short-term U.S. Treasuries.

This is a huge step forward for finance and has worked in ONDO’s favor since its launch in January.

In that time, its price has increased by more than 600% and developments in the RWA sector indicate that this bullish momentum could continue.

For example, BlackRock, the world’s largest asset manager, driven a fundraising round in April for a new RWA project totaling $47 million.

ONDO is currently trading at $1.18. It is down 1.5% today, down 1.9% this week, down 13.4% this month. It has a market cap of $1.6 billion and a 24-hour return of $147 million.

PlayDoge

PlayDoge is a new Play-to-Earn (P2E) meme coin based on the infamous 90’s Tamagotchi game.

Tamagotchi has sold 82 million units over its history, so PlayDoge has a huge market to conquer.

But these are not the only people PlayDoge is addressing.

Its incentivized gaming model and the allure of meme coins are making 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 doge, ensuring it is happy and healthy. In return, they earn XP, which generates $PLAY rewards.

Despite its recent launch, the project has raised over $5.3 million in pre-sales.

Pre-sale is ongoing, so investors can buy from scratch.

But there is no time to waste.

Market participants can currently buy PlayDoge for $0.00514, but this price will rise soon.

Pepper

Pepe kicked off the meme coin 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 has recently outpaced other meme coins and is currently the third largest, behind Shiba Inu and Dogecoin.

But adding to the excitement of the project is the fact that it is currently the most traded meme coin, with a trading volume of $439 million in 24 hours.

This reflects huge market interest in the token, but is even more impressive considering that Coinbase has not yet listed it.

If Coinbase were to go public, its trading volume would skyrocket, potentially boosting its price.

Pepe is currently trading at $0.00001145, down 1.1% today, down 2.3% this week, and down 21% this month.

This discount could represent a timely buying opportunity before the next upside phase.

brett

Another major meme coin that is about to see a strong rally is Brett.

Brett is the largest meme coin on Coinbase’s native decentralized blockchain, Base.

However, the interesting thing about Brett is that Base does not have a native coin.

This is in contrast to other blockchains such as Ethereum, Solana and BSC and means that a significant portion of the speculation on Base’s growth will flow directly into Brett.

Meme coins often provide beta exposure to the underlying blockchain coin, but since Base doesn’t have one, Brett is also ready for some alpha exposure.

Brett has seen significant growth since the launch of 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 capitalization of $1.6 billion and a 24-hour trading volume of $42 million.

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Top 3 Ethereum-Based Altcoins 3 Times

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Despite the increasing selling pressure in the cryptocurrency market, mid-cap and small-cap altcoins have seen an increase in buying sentiment. This indicates a shift in interest among users towards these cryptocurrency tokens.

Are you thinking of investing in ETH-based altcoins for the next AltSeason?

Scroll down because in this article we have covered the top three Ethereum-based altcoins that have the potential to see a huge uptrend in their respective portfolios in the near future.

Safe Price Analysis (SAFE):

Despite the growing bearish sentiment in the cryptocurrency market, SAFE price has seen bullish price action for the third consecutive day, highlighting the increased price action for the altcoin in the market. Furthermore, it is currently trading at a discount of 76.3% from its ATH of $4.01.

TradingView: SAFE/USDT

The technical indicator, MACD, shows a steady decline in the red histogram, highlighting an increase in bullish sentiment in the cryptocurrency market. In addition, the averages show a potential bullish convergence, suggesting a high possibility of a positive reversal.

If the bulls continue to gain momentum, SAFE coin price will prepare to test its resistance level of $1,450. On the contrary, a bearish action could send this altcoin crashing towards a new all-time low (ATL).

Aethir (ATH) Price Analysis:

Aethir price has seen a bullish price action adding over 10% to its portfolio with a trading volume of $40.126 million despite a bearish cloud over the cryptocurrency space. Notably, with a market cap of $292.916 million, this altcoin has secured the 216th position in the global cryptocurrency list.

TradingView: ATH/USDT

The MACD indicator has been showing a steady rise in the green histogram. However, its RSI has been showing a strong bearish curve in the 1D time frame. This suggests mixed sentiment for the ATH price in the cryptocurrency market.

If the market holds Aethir price above its important support level of $0.07050, the bulls will gain momentum and prepare to test its upper resistance level of $0.08415. On the contrary, if the bears overpower the bulls, this altcoin will prepare to test its low of $0.06435.

Neiro Ethereum (NIERO) Price Analysis:

Built on the Ethereum chain, Neiro Ethereum is a project that has a total supply of only 1 billion tokens. Positively, it has no buy/sell fees or team tokens for governance or community approach. It operates on its own and promotes itself as the next big opportunity in the cryptocurrency world.

With a trading price of $0.1852 and a total supply of 1 billion tokens, it has successfully secured the 234th position in the global cryptocurrency ranking, with a market capitalization of $185.446 million.

Notably, it is up 53.86% over the past day with a trading volume of $36.64 million, a decline of 7.68%. Furthermore, it is up about 1,200% since its inception, highlighting a strong bullish outlook for the altcoin in the near future.

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Altcoin

Top 6 Altcoins Set for Explosive Rally Before 2025

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

The cryptocurrency market is on the verge of significant change as we approach 2025. The Altcoin Daily Analyst Austin predicts that any changes in monetary policy could trigger a strong rally in altcoins, especially with a possible turn in the Federal Reserve’s benchmark interest rate expected in September.

This pivot could drive explosive growth in the cryptocurrency market, benefiting Ethereum, Solana, and several promising new altcoins. Here are some altcoins ranging from under $1 to $2 that can give you the highest returns in the current market crash.

We are excited, are you? Let’s dive in!

Top 6 Cryptocurrencies to Watch

Aethir: The Decentralized GPU Marketplace

Aethir is positioning itself as a leader in decentralized cloud infrastructure for gaming and AI. With over $36 million in annual recurring revenue, Aethir is addressing the growing demand for GPU computing driven by major tech companies like Google and Microsoft. Its decentralized infrastructure leverages underutilized GPUs, making it a key player in the burgeoning tech industry. The current price is $0.07176.

Ondo: The Best Bet in the RWA Sector

Next up is Ondo, whose real-world asset protocols are changing the tokenization of financial assets. With an annual dividend of 5.3% USDY, ONDO is the governance token for the Ondo DAO and Flux Finance. This token has seen strong demand, demonstrated by consistent investor buy-ins. Recently, ONDO’s price has dropped 35% in two months, forming a triangle pattern that suggests a breakout. Rising OTC holdings and reduced selling pressure suggest a bullish outlook. The current price is $0.9251.

Lukso’s social and cultural blockchain unites creators, brands, and users. An Ethereum doppelganger, Lukso adds Universal Profiles and gas-free transactions to blockchain usage. Its creative strategy and strong leadership make it a blockchain mass adoption project to watch. Current price is $1.71.

AIT Protocol: Decentralized AI Data Annotation

The AIT Protocol addresses the need for decentralized work in AI data annotation. Uniquely, the AIT Protocol connects human trainers with AI model owners to improve AI models through a decentralized marketplace. However, its adoption in Asia and strategic investments suggest that it could disrupt AI. The current price is $0.1169.

Foxy (Line): Meme coin with level 2 potential

Foxy, a meme coin for Linea Layer 2 Ethereum scaling, has an endorsement from ConsenSys. Foxy stands out in Ethereum Layer 2 due to Linea’s MetaMask integration and fast transactions. Additionally, Linea adoption and reduced transaction costs are influencing its growth. The current price is $0.01116.

Off the Grid: Emerging Altcoin for Gaming

Lastly, on the list is Off The Grid, developed by Godzilla. This highly anticipated AAA game promises to make waves in the crypto gaming industry. Although it hasn’t launched yet, positive feedback from industry experts supports its potential success.

Infrastructure projects like Immutable and specific games like Xers and Star Heroes are also worth considering for those interested in crypto gaming.

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Altcoin

Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting

Scott Melker, host of The Wolf of All Streets podcast, said he hadn’t paid attention to XRP charts for a while, but now finds them intriguing.

Melker revealed this in a recent send after analyzing XRP’s pattern on the weekly timeframe. He shared a chart that suggests XRP is on track to break out of a significant resistance channel.

While acknowledging that a rejection is likely, Melker noted that a subsequent breakout is on the horizon. Furthermore, the analyst emphasized that regardless of an individual’s perception of XRP and its performance, this upcoming price action is worth keeping an eye on.

Notably, Melker’s latest analysis on XRP comes as the asset has outperformed the broader bear market, which staged a solitary comeback while others fell. XRP surged more than 10% on Wednesday, briefly emerging as the day’s best-performing cryptocurrency among the top 100.

This development has triggered renewed interest in XRPeven among market observers like Melker and Ali Martinez, who rarely comment on XRP’s price action.

XRP Resistance Levels to Watch

In his latest commentary, Melker identified immediate resistance levels that XRP must overcome on its climb to higher prices. These levels include $0.75 and $0.93, which XRP must overcome to reach $1, with additional barriers at $1.3 and $1.9.

Scott Melker's XRP Chart Scott Melker’s XRP Chart

Interestingly, for the immediate barrier of $0.75, Melker is not the only analyst to emphasize its importance before aiming higher. Analyst “Crypto Adict” also commented on this level yesterday, urging caution versus ambitious goals like $100 when there are more immediate challenges.

The impact of this resistance level was evident in March when XRP rose to $0.744 in one day but he was unable to continue his ascent.

In his analysis, Ali Martinez echoed Melker’s sentiment by highlighting the $0.93 price level as a significant hurdle. Martinez stressed out that once XRP breaks above this level, it will effectively end its nearly seven-year downtrend, opening the door to higher highs.

At press time, XRP is back just above $0.60 after hitting $0.6556 yesterday, reflecting an 8% decline in the past 24 hours. Notably, XRP’s uptrend has been interrupted by Bitcoin’s volatility, as the leading asset fell back to the $63K range yesterday.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Altcoin

Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

Published

6 months ago

1 August, 2024

AltcoinUpdates Staff

Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way

Dogecoin (DOGE): Altcoin Rises From Meme Origins to Market Rally’s Top Spotlight

Dogecoin (DOGE), initially launched in 2013 as a “joke currency” based on a popular Shiba Inu meme, is now positioned to lead a major altcoin rally. Despite its humorous origins, Dogecoin is gaining popularity among investors due to its platform utilities, including transaction speed and payment methods. Currently, Dogecoin (DOGE) is trade at around $9,139, a recovery followed by a weekly low of $0.11.

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