Is the Crypto Bull Run Back? Top 5 Altcoins to Buy Now

The cryptocurrency market is showing promising signs of recovery, sparking excitement among investors and enthusiasts.

The global cryptocurrency market cap has risen to $2.29 trillion, marking a 4.13% increase in the last day alone. Trading volume has also seen a significant increase, rising 23.54% to $64.26 billion in the last 24 hours.

Bitcoin and Ethereum, the two leading cryptocurrencies, have both seen impressive gains of nearly 10% this week.

This positive momentum is further fueled by the expected launch of Ethereum ETFs, with ETF expert Nate Geraci predicting their imminent arrival.

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These positive trends suggest the potential start of the second phase of a bull run. As the market gains strength, investors are eager to identify the best altcoins to capitalize on this upward trajectory.

Here are the top five altcoins to consider for your portfolio ahead of the next bull rally.

GiocaDoge (PLAY)

Our top pick is a fun P2E game, GiocaDoge (PLAY)reminiscent of the wildly popular side-scrolling handheld game Tamagotchi. In this engaging new mobile game, players care for their virtual Doge pets, earning $PLAY tokens through interactive activities such as feeding, training, and adventuring.

In an impressive display of support, PlayDoge raised over $5.5 million in its pre-sale, demonstrating strong investor confidence and community support.

PlayDoge is currently priced at $0.00519 and represents a promising entry point for those looking to invest in a thriving P2E project.

Additionally, PlayDoge offers attractive staking rewards, with annual returns of 86% on Ethereum (ETH) and 73% on Binance Smart Chain (BNB). This dual-chain approach not only improves accessibility, but also allows investors to choose their preferred blockchain and maximize their returns.

For those interested in joining the PlayDoge community, you can buy PLAY tokens with a pre-sale discount. With its huge fundraising success, PlayDoge is poised to become a significant player in the P2E gaming market.

Xodex (XODEX)

Xodex (XODEX) is a decentralized spot and futures exchange that has been the center of a huge amount of hype as it nears its beta launch. It is currently the Altcoins with the highest trend on CoinMarketCap, second only to Bitcoin. This token has shown impressive price movements recently, up 10.44% this week and 367.38% this month.

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The beta version launched today, with much excitement. Traders can now spot trade and buy futures through the platform with up to 50% leverage and gas-free transactions.

It is also integrated with all major blockchains, including Kaspa, Bitcoin, Ethereum, Optimism, and Base.

The XODEX token is used as a governance token, allowing holders to participate in voting and direct the direction of the exchange. The token looks set to continue its upward trajectory now that a full beta version of the exchange is live.

WienerAI (WAI)

WienerAI (WAI) is an innovative cryptocurrency that fuses artificial intelligence with playful meme culture, specifically centered around dachshunds.

This unique token has quickly attracted market attention, raising nearly $7.5 million in its pre-sale phase. Priced at just $0.00073 per token, WienerAI offers an affordable entry point for investors eager to explore this new concept.

What sets WienerAI apart is its robust AI-based trading capabilities, which provide users with predictive market insights and efficient trade execution.

Additionally, WienerAI offers attractive staking rewards, with an impressive annual percentage yield (APY) of 151%. This lucrative staking mechanism not only encourages long-term holding, but also provides substantial passive income opportunities for investors.

Currently you can Buy $WAI tokens at a discounted price in the ongoing pre-sale, but this price is expected to rise after the pre-sale ends and the token is listed on an exchange.

Super Trump Coin (STRUMP)

Super Trump Coin (STRUMP), a popular meme coin within the Politifi ecosystem, has surged 26.81% this week, driven by recent events surrounding former President Donald Trump. Three days ago, Trump survived an assassination attempt, sparking a significant rally among Politifi meme coins, including STRUMP.

Founded as a tribute to Trump’s political legacy as the 45th President of the United States, STRUMP embodies the fervent support and interest surrounding Trump’s persona within the cryptocurrency community.

The sudden increase in the price of STRUMP reflects the market’s response to external political events, highlighting the sensitivity of the Politifi ecosystem to real-world developments.

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The market cap of Politifi coins briefly surpassed $1 billion after news of Trump’s survival. The milestone highlights the influence of external political events on cryptocurrency markets, especially within niche sectors such as meme coins dedicated to public figures.

As STRUMP continues to gain attention and show solid price movements, it has emerged as a noteworthy Politifialtcoin to keep an eye on.

Toncoine (TON)

It’s been quite a year for Toncoin. TON started the year at just $2.3, but has since skyrocketed, hitting an all-time high of $8.24 a month ago.

The token is the native cryptocurrency of the layer 1 decentralized blockchain, The Open Network. TON is designed to be a utility token that powers dApps within the Toncoin ecosystem.

The Open Network project was originally called Telegram Open Network, as the team behind Telegram had been working on it since 2017. However, Telegram cut ties due to fears of trouble with the SEC. Since then, it has become a passion project for many developers and cryptocurrency enthusiasts.

It now hosts two of Telegram’s most popular games, Notcoin and Hamster Kombat, and the ecosystem has a market cap of over $20 billion. With the price up 452.50% in the last year, this bodes well for Toncoin (TON).

Pop Cat (POPCAT)

Popcat is a viral meme coin on the Solana blockchain that has been experiencing volatile price movements, leading some to speculate that it is about to explode. Its price has increased by 27.45% overnight and trading volume has increased by 48.57%. The token is inspired by the viral internet sensation, the Popcat meme.

This meme features Oatmeal, a beloved short-haired house cat whose most endearing trait is repeatedly opening and closing his mouth.

There is also a huge amount of open interest, both positive and negative, which could spur further volatility. For traders familiar with meme coins and their propensity for rapid fluctuations, Popcat represents an interesting opportunity.

Current market dynamics suggest significant potential for short-term gains, making it an altcoin worth watching closely. Whether you’re drawn to its meme status or intrigued by its integration with the Solana blockchain, Popcat exemplifies the speculative nature of cryptocurrency trading.

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