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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.