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Best Altcoins to Buy Now in July as Crypto Prices Drop
This article has been paid for*
How are you coping with the July crypto crash? Probably not well, but it’s all part of the broader crypto bull run. Corrections are normal and indeed necessary in this industry.
Now is the time to look at the best cryptocurrencies to buy now and accumulate for what’s to come in the second half of 2024.
Research is key in cryptocurrencies, and we’ve made this list based on the project’s features, plans, team, marketing, and more.
Top Cryptocurrencies to Invest in July 2024
- Shiba Shootout (SHIBASHOOT) – A western-themed meme coin featuring Shiba cowboys and high-yielding “cactus betting.”
- Pepe Free (PEPU) – A Pepe-inspired meme coin aiming to create a Layer 2 blockchain for faster transactions and lower fees.
- Dawgz Base (DAWGZ) – A multichain meme coin project operating primarily on the Base network with cross-chain capabilities.
- Playing Doge (PLAYING) – A nostalgic Tamagotchi-inspired in-game meme currency, allowing users to earn rewards by caring for virtual Doge pets.
- WienerAI (WAI) – A quirky meme coin that combines a sausage dog theme with an AI-powered trading bot to identify investment opportunities.
- 99Bitcoins (99BTC) – A cryptocurrency education project that offers a “learn to earn” model, where users earn tokens for completing courses and quizzes.
- Alephium (ALPH) – A technical blockchain design that uses new sharding and consensus mechanisms to improve scalability and transaction speed.
Shiba Shootout (SHIBASHOOT)
First on our list of the top cryptocurrencies to invest in right now is Shiba Shootout. This is a new dog-themed meme coin that is an alternative to Shiba Inu. However, this one offers a western narrative.
It features characters such as Marshal Shiba and the Shiba Sharpshooters. Marshal is the main character, and he looks like a cowboy, while the Shiba Sharpshooters are members of the community. The place where everything takes place is Shiba Gulch.
The Shiba Shootout offers some interesting features and community engagement options. Cactus staking is definitely the highlight, as annual rewards are now over 2,000% and millions of SHIBASHOOT tokens are already being staked.
Other features include Possession rewards, campfire stories, lucky lasso lotteries, and token governance rounds.
The token is currently in pre-sale and around $500,000 has been raised so far. The team also plans to continue marketing with various crypto media outlets and crypto influencers.
That said, every project that will be mentioned in this list of the best altcoins to buy right now has a similar marketing plan. This is crucial for any early-stage crypto project.
Overall, the Shiba Shootout could be the next big meme.
Pepe Free (PEPU)
Second on our list is Pepe Unchained, a new meme coin also in pre-sale. It introduces the Layer 2 blockchain built on top of Ethereum. Fast transactions and low fees are the value propositions here. In fact, the project claims that transaction speeds will be 100x faster than the Ethereum network.
The central character is Pepe, the frog who was chained in the Layer 1 room until Pepe Unchained happened and offered Layer 2 as a solution. Pepe Unchained aims to become a platform for other meme coin projects to build on its Layer 2 blockchain.
This could potentially foster a more interconnected meme coin ecosystem.
You can also stake PEPU for high annual rewards, now over 800%. Over 180 million PEPU tokens are already staked.
The project has a well-defined tokeonomics: 20% for presale, 30% for staking rewards, 20% for marketing, 10% for liquidity provision, 10% for project development and 10% for on-chain infrastructure.
Overall this is one of the top meme coins to be considered in the coming weeks.
Dawgz Base (DAWGZ)
Base Dawgz ($DAWGZ) is another new meme coin on our list. This one operates primarily on the Base blockchain network.
However, it also offers multichain functionality on other popular blockchains like Ethereum, Solana, Binance Smart Chain, and Avalanche. +This cross-chain capability is facilitated by technologies like Wormhole and Portal Bridge.
Similar to SHIBASHOOTT and PEPU, DAWGZ is also in its presale phase and over $2.3 million has been raised. The price will increase as the presale goes through 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 Dawgz Base official website.
The project encourages community engagement by offering rewards for social media activity and content creation, as well as introducing a referral program to encourage 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.
Playing Doge (PLAYING)
Next up, we have PlayDoge (PLAY), one of the newest projects that combines memes with gaming. This meme coin is also being sold in public pre-sale right now at a discounted price.
PlayDoge is inspired by the popular Tamagotchi virtual pet game from the 90s, but with a different twist: it features the iconic Doge meme as its mascot.
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, traditional video games, PlayDoge allows players to monetize their time spent playing. Both players and non-players can earn rewards through gameplay or betting.
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’s important to note about PlayDoge’s staking feature is that you can stake the token on both the BSC and Ethereum networks. The Etheruem network offers slightly higher annual rewards.
For now, you can only buy DOGE through the official pre-sale website, on the ETH and BSC networks, as well as with a credit card.
WienerAI (WAI)
And the next meme coin on our list of the best altcoins to invest in right now is WienerAI. It is also in the pre-sale phase, where it has raised over $7 million as of now. Just like SHIBASHOOT, this token is only operating 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-powered trading bot. This bot is designed to identify investment opportunities in cryptocurrency trading.
WienerAI incorporates real-time MEV (Miner Extractable Value) protection to prevent top-tier bots from exploiting users’ trades.
There is also a staking feature with annual rewards of over 150% at the time of publishing. And over 6 billion WAI tokens are already staked.
The token will be launched on Uniswap and Dextools soon, so this is your last chance to buy WAI tokens at a discount during a presale.
99Bitcoins (99BTC)
Next up, we have 99Bitcoins Token (99BTC); a new project launched by 99Bitcoins, a well-known cryptocurrency education platform. It is also up for pre-sale now and has raised over $2.3 million so far.
The core concept behind 99BTC is a “learn to earn” model.
Users can earn 99 BTC tokens by participating in educational activities on the platform. These activities can include completing courses, taking quizzes, and engaging with crypto-related content. Additionally, users will receive 99 BTC tokens as rewards for learning activities.
The team plans to list 99BTC on decentralized and centralized exchanges after the presale. You can buy this token at a discount on Ethereum and BSC networks and also via credit card.
Alephium (ALPH)
And last on our list of top altcoins to buy right now in July is Alephium. It addresses the limitations of existing blockchain technologies while offering scalable and secure solutions for decentralized applications.
Alephium uses a new sharding algorithm called BlockFlow, which partitions data into smaller subsets called shards. This allows for parallel processing of transactions. Alephium claims to achieve up to 10,000 Transactions Per Second (TPS), which is much higher than Bitcoin’s 7 TPS.
Alephium employs the Unspent Transaction Output (UTXO) model, similar to Bitcoin. This model ensures secure and efficient token transfers without the need for additional approval transactions.
Additionally, Alephium introduces Proof of Least Work (POLW); an innovative mechanism that dynamically adjusts the work required to mine new blocks based on network conditions.
With its market cap now below $100 million following this month’s drop in cryptocurrency prices, ALPH could be well-positioned to generate gains for its new holders in the second half of 2024.
Conclusion – What is the most popular cryptocurrency to buy right now?
To sum up – cryptocurrency prices may be struggling right now, but that doesn’t mean it’s time to throw in the towel. If anything, this dip could be the perfect chance to accumulate some promising altcoins at a discount.
As we head 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 or test the platform.