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There’s much to be excited about in the crypto market in July.
Ethereum ETFs are gearing up to launch, Bitcoin miners have stopped selling, and a barrage of macroeconomic data is being released.
With that, July could be a lucrative time to add more altcoin exposure to your portfolio.
So let’s explore the best altcoins to buy.
Pepe Unchained
Pepe Unchained is the latest rendition in the “Pepe bloodline.”
But this token is far from your average Pepe imitation.
It’s the first Pepe-themed project to have its own Ethereum layer 2 blockchain.
The project will be 100x faster and much cheaper than the Ethereum main network.
However, unlike scalable layer 1s like Solana, Pepe Unchained retains Ethereum’s decentralization and security.
And with meme culture at the heart of the network, it’s a no-brainer for meme coin fans and developers.
But if that wasn’t enough, the project also offers massive staking rewards.
Currently, they are valued at a 1,029% APY, but this will decrease as the staking pool grows.
Meanwhile, the Pepe Unchained presale price will rise incrementally throughout the campaign. The current price is $0.0081939, but it will rise in 20 hours.
As such, those seeking to buy $PEPU should act quickly.
Kaspa
Kaspa has enjoyed a notably strong performance this month as its new KRC20 beta network launched.
KRC20 is Kaspa’s novel smart contract functionality, enabling developers to build applications and launch tokens on the Kaspa network.
Kaspa has garnered significant notoriety thanks to its BlockDAG technology, which makes the network fast, secure, and scalable.
It tackles the blockchain trilemma in a way that no other network can, and this has led to massive excitement.
For instance, RVCrypto recently predicted that Kaspa would be one of the first three projects to hit a $1 trillion market cap.
$KAS will be one of the first three cryptocurrencies to reach a $1 trillion market cap.
— RVCrypto (@RvCrypto) June 28, 2024
Meanwhile, its price has also reflected the market’s bullish sentiment, trading at a 630% premium from one year ago.
Currently, KAS is priced at $0.1822. It is up 1.3% today, 18% this week, and 31% this month. It currently holds a $4.3 billion market cap, which makes it the 24th most valuable cryptocurrency.
Ondo
Ondo is another cryptocurrency to add to your portfolio this July. It’s the largest real-world asset-focused token, which means it will likely grow as the sector advances.
The project’s flagship offerings are a yield-generating stablecoin and tokenized short-term US treasuries.
This is a huge leap forward for finance and has worked in ONDO’s favor since its launch in January.
Its price is up over 600% in that time, and developments in the RWA sector indicate that this bullish momentum could continue.
For instance, BlackRock, the world’s largest asset manager, led a fundraising round in April for a new RWA project totaling $47 million.
Currently, ONDO is trading at $1.18. It is down 1.5% today, 1.9% this week, 13.4% this month. It holds a $1.6 billion market cap and a $147 million 24-hour
PlayDoge
PlayDoge is a new Play-to-Earn (P2E) meme coin based on the infamous 1990s Tamagotchi game.
Tamagotchi sold 82 million units through its course, so there’s a huge market for PlayDoge to address.
But that’s not the only people PlayDoge is appealing to.
Its incentivized gaming model and meme coin allure are making the project a favorite among crypto 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 exchange, they earn XP, which generates $PLAY rewards.
Despite launching recently, the project has raised over $5.3 million in its presale.
The presale is ongoing, so investors can buy in from the ground up.
But there’s no time to waste.
Market participants can currently buy PlayDoge for $0.00514, but this price will rise shortly.
Pepe
Pepe has spearheaded the meme coin season in 2024.
It burst onto the scene in 2023 and took the market by storm, hitting a $1.8 billion market cap in its opening weeks.
However, the frog-themed meme coin has exhibited real staying power. It has outpaced other meme coins recently and is currently the third-largest, behind Shiba Inu and Dogecoin.
But adding to the project’s excitement, it is currently the most traded meme coin, with a 24-hour trading volume of $439 million.
This reflects a massive market interest in the token, but it is even more impressive considering that Coinbase has yet to list it.
Should a Coinbase listing occur, its trading volume would skyrocket, potentially bolstering its price.
Pepe is currently trading at $0.00001145, down 1.1% today, 2.3% this week, and 21% this month.
This discount could mark a timely buying opportunity ahead of its next leg up.
Brett
Another prominent meme coin on the cusp of a strong rally is Brett.
Brett is the largest meme coin on Coinbase’s native decentralized blockchain, Base.
However, the exciting thing about Brett is that Base does not have a native coin.
This opposes other blockchains like Ethereum, Solana, and BSC and means a significant portion of speculation into Base’s growth will flow directly into Brett.
Meme coins often provide beta exposure to the underlying blockchain coin, but since Base does not have one, Brett is also primed for alpha exposure.
Brett has enjoyed 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, 47% this month.
The project holds a $1.6 billion market cap and a $42 million 24-hour trading volume.
