Altcoins
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 $1 trillion market cap.
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$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.