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How are you dealing with the crypto downturn in July? Assuming not effectively in all probability, however it’s all a part of the broader crypto market bull run. Corrections are regular and really wanted on this trade.

Now could be the time to take a look at one of the best crypto to purchase now and accumulate them for what’s to return within the second a part of 2024.

Analysis is vital in crypto, and we’ve made this listing primarily based on the mission’s options, plans, workforce, advertising and marketing, amongst different issues. 

Prime Cryptos to Put money into July 2024

• Shiba Shootout (SHIBASHOOT) – A wild west-themed meme coin with cowboy Shibas and high-yield “cactus staking.”
• Pepe Unchained (PEPU) – A Pepe-inspired meme coin aiming to create a Layer 2 blockchain for quicker transactions and decrease charges.
• Base Dawgz (DAWGZ) – A multichain meme coin mission working totally on the Base community with cross-chain capabilities.
• Play Doge (PLAY) – A nostalgic gaming meme coin impressed by Tamagotchi, permitting customers to earn rewards by caring for digital Doge pets.
• WienerAI (WAI) – A unusual meme coin combining a sausage canine theme with an AI-powered buying and selling bot for figuring out funding alternatives.
• 99Bitcoins (99BTC) – An academic crypto mission providing a “learn-to-earn” mannequin the place customers achieve tokens for finishing programs and quizzes.
• Alephium (ALPH) – A technical blockchain mission utilizing novel sharding and consensus mechanisms to enhance scalability and transaction speeds.

Shiba Shootout (SHIBASHOOT) 

The primary on our listing of prime cryptocurrencies to put money into proper now’s Shiba Shootout. It is a new dog-themed meme coin, an alternative choice to Shiba Inu. However, this one gives a wild-west narrative.

It options characters like Marshal Shiba and the Shiba Sharpshooters. Marshal is the primary character, and he seems to be like a cowboy whereas Shiba Sharpshooters are group members. The place the place every thing takes place is Shiba Gulch.

Shiba Shootout gives just a few fascinating options and group engagement choices. Cactus staking is certainly the important thing half, as annual rewards are actually over 2,000% and hundreds of thousands of SHIBASHOOT tokens are already being staked. 

Different options embrace Posse rewards, campfire tales, fortunate lasso lotteries, and token governance roundaps. 

The token is at the moment in presale and round $500,000 was raised thus far. The workforce additionally plans to proceed advertising and marketing with numerous crypto media retailers and crypto influencers. 

That being stated, each mission that might be talked about on this listing of finest altcoins to purchase now has the same advertising and marketing plan. That is simply essential for any early-stage crypto mission.

All in all, Shiba Shootout might be that subsequent massive meme coin.

Pepe Unchained (PEPU)  

The second on our listing is Pepe Unchained, a brand new meme coin additionally in presale. This one introduces the Layer 2 blockchain constructed on prime of Ethereum. Quick transactions and low charges are worth propositions right here. In truth, the mission claims the transaction velocity might be 100x quicker than the Ethereum community.

The central character is Pepe the frog chained in Layer 1 room till Pepe Unchained occurred and supplied Layer 2 as an answer. Pepe Unchained goals to turn out to be a platform for different meme coin tasks to construct on its layer 2 blockchain. 

This could doubtlessly foster a extra interconnected meme coin ecosystem.

You may also stake PEPU for prime annual rewards, now over 800%. Over 180 million PEPU tokens are staked already.

The mission has well-defined tokeonomics; 20% for presale, 30% for staking rewards, 20% for advertising and marketing, 10% for liquidity provision, 10% for mission growth, and 10% for chain infrastructure.

All in all, this’s one of many prime meme cash to think about within the upcoming weeks.

Base Dawgz (DAWGZ) 

Base Dawgz ($DAWGZ) is one other new meme coin on our listing. This one operates totally on the Base blockchain community. 

Nevertheless, it additionally gives multichain performance throughout different in style blockchains like Ethereum, Solana, Binance Good Chain, and Avalanche.  +This cross-chain functionality is facilitated via applied sciences equivalent to Wormhole and Portal Bridge.

Equally to SHIBASHOOTT and PEPU, DAWGZ can be in its presale part and over $2.3 million was raised. The price will improve because the presale strikes via subsequent phases.

Traders should buy $DAWGZ tokens utilizing numerous cryptos, together with ETH, BNB, SOL, AVAX, USDT, and USDC, by connecting their pockets to the official Base Dawgz web site.

The mission encourages group engagement, providing rewards for social media exercise and content material creation, in addition to introducing a referral program to incentivize group progress. 

Moreover, Base Dawgz contains options like staking on the Ethereum community. So, that is one more meme coin to look at in July.

Play Doge (PLAY)

Subsequent, we’ve got PlayDoge (PLAY), one of many latest tasks that mix memes with gaming. This meme coin can be promoting in public presale proper now at a reduced price.

PlayDoge is impressed by the favored Nineties Tamagotchi digital pet recreation, however with a twist; it options the enduring Doge meme as its mascot.

Customers play a retro type recreation the place they’ve a pet (just like Tamagotchi). They need to work together with their pets, after which earn expertise factors (XP) which assist them climb leaderboards and earn $PLAY tokens. 

Not like typical and conventional video video games, PlayDoge permits gamers to monetize their time spent taking part in. Each avid gamers and non-gamers can earn rewards via gaming or staking.

PLAY has a complete provide of 9,400,000,000 tokens and 50% of these are devoted to the presale part. The opposite half goes to liquidity, rewards, advertising and marketing, and mission funds.

What’s vital to notice about PlayDoge’s staking characteristic is you could stake the token on each BSC and Ethereum networks. The Etheruem community gives barely larger annual rewards although.

You should buy DOGE solely via the official presale web site for now, on each ETH and BSC networks in addition to with a bank card.

WienerAI (WAI) 

And the subsequent meme coin on our listing of one of the best altcoins to put money into now’s WienerAI. It’s additionally within the presale part the place it raised over $7 million now. The identical as SHIBASHOOT, this token is working solely on the Ethereum community.

The token is described as “Part Dog, Part Sausage, PartAI Trading Bot”.

Nevertheless, WienerAI’s core characteristic is certainly an AI-powered buying and selling bot. This bot is designed to establish funding alternatives in crypto buying and selling.

WienerAI incorporates real-time MEV (Miner Extractable Worth) safety to stop front-running bots from exploiting customers’ trades. 

There’s additionally a staking characteristic with annual rewards over 150% at press time. And over 6 billion WAI tokens are staked already.

The token will launch on Uniswap and Dextools quickly so that is your final probability to purchase WAI tokens at a reduced price throughout a presale.

99Bitcoins (99BTC) 

Subsequent, we’ve got 99Bitcoins Token (99BTC); a brand new mission launched by 99Bitcoins, a widely known platform for cryptocurrency training. It’s additionally proper now in presale and over $2.3 million was raised thus far.

The core idea behind 99BTC is a “learn-to-earn” mannequin. 

Customers can earn 99BTC tokens by taking part in instructional actions on the platform. These actions may be finishing programs, taking quizzes, and fascinating with crypto-related content material. Additionally, Customers will obtain 99BTC tokens as rewards for studying actions.

The workforce plans to listing 99BTC on each decentralized and centralized exchanges after the presale. You should buy this token at a reduced price on each Ethereum and BSC networks and by way of bank card as effectively.

Alephium (ALPH) 

And the final spot on our listing of prime altcoins to purchase now in July is Alephium. It addresses the restrictions of current blockchain applied sciences whereas providing scalable and safe options for decentralized functions.

Alephium makes use of a novel sharding algorithm referred to as BlockFlow, which partitions information into smaller subsets referred to as shards. This permits for parallel processing of transactions. Alephium claims to attain up to 10,000 Transactions Per Second (TPS) which is way larger than Bitcoin’s 7 TPS.

Alephium employs the Unspent Transaction Output (UTXO) mannequin, just like Bitcoin. This mannequin ensures safe and environment friendly token transfers with out the necessity for added approval transactions.

Furthermore, Alephium introduces Proof of Much less Work (POLW); an modern mechanism that dynamically adjusts the work required to mine new blocks primarily based on community circumstances.

With market cap now under $100 million after crypto costs downturn this month, ALPH may be well-positioned to supply positive factors for its new holders within the second a part of 2024.

Conclusion – What’s the Hottest Crypto to Purchase Proper Now?

To sum it up – the crypto costs may be struggling proper now, however that doesn’t imply it’s time to throw within the towel. If something, this downturn might be the right probability to build up some promising altcoins at a reduction.

As we transfer into the second half of 2024, it’ll be thrilling to see which of those altcoins will rise probably the most. Who is aware of? The following massive crypto success story may be on this listing.

*Cryptonomist didn’t write the article or check the platform.