Five best altcoins to buy now: Cryptos that could outperform Bitcoin in 2024 These altcoins have unique themes and innovative uses, gaining significant investor interest during their presales and early stages
Bitcoin is the world’s largest crypto. But is it the best?#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
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While Bitcoin is a haven for inexperienced investors, the real potential of the crypto market lies in altcoins.
These creative projects are taking the market forward with new themes and use cases. Here are the top five cryptocurrencies positioned to outperform Bitcoin in 2024.
1. The Meme Games ($MGMES): Top altcoin to invest in now
The meme coin market has a history of tapping into popular culture for explosive price actions. The latest meme coin to unlock the trend is The Meme Games.As the world goes crazy over the Paris Olympics 2024, degens are lining up to secure $MGMES tokens before it’s too late. The meme coin presale had an astounding debut, raising $250K+ in the first few days. The fervour is spreading across the market, with the $MGMES community expanding to over 13.5K followers on X, formerly Twitter. The project has successfully reignited meme coin rivalry. Top meme coin communities are back in action.
Spotlight WireDogecoin, Pepe, Dogwifhat, Brett, and Turbo are racing for victory in the 169-metre dash. However, the game outcomes are unaffected by the community noise. The blockchain randomly selects the winners, ensuring fair gameplay. The ongoing presale gets investors the cheapest tickets to the game.
Investors can pick a favourite after completing the presale purchase. If their meme athlete wins the game, they take home 25% bonus tokens.
After the exchange listings, the token has the potential to climb the charts multifold, as observed by the popular crypto education platform, 99Bitcoins (709K followers) on YouTube.
Due to its clever capture of the Olympic craze, The Meme Games is a promising new altcoin that can outperform Bitcoin this year.
Following the presale sell-out on September 8, $MGMES tokens will launch on the 10th.
At above 2500%, the early staking annual percentage yield (APY) is too compelling to ignore.
Visit the $MGMES token presale
2. Pepe Unchained ($PEPU) – best meme coin to buy now?
This meme coin needs no introduction. It is the latest crypto craze.For a better perspective, the Pepe Unchained presale just broke past $5 million. It was launched only a few days ago, but the community has exploded to more than 7000 followers on X already.
https://x.com/pepe_unchained/status/1813667964379619772
The massive success of Pepe Unchained lies in its core strength.
While Pepe Unchained may seem like a meme coin on the outside, it is a utility coin at its core. One that has the potential to compete with Polygon, Avalanche, and even Solana.
This is because Pepe Unchained is launching a layer-2 chain specifically for meme coins.
Due to their high volatility, timely decisions are central to meme coin investments.
However, primary blockchains like Ethereum clog up during active periods. High transaction fees and network delays often put meme coin traders in agony.
Pepe Unchained addresses this problem using its native layer-2 solution.
Spotlight WireThe Pepe label adds to the craze. If the project unfolds as laid out in the white paper, Pepe Unchained has the potential to enter the list of top 50 cryptocurrencies. Visit the $PEPU token presale.
3. Base Dawgz (DAWGZ): Shiba Inu straight off the Base blockchain
Meme coins are speculative assets. Vibrant memes and hilarious narratives power these tokens.Base Dawgz is a new meme coin with a quirky new Shiba Inu mascot and a Base label. The crypto market is in no dearth of dog coins, so to stand out and capture attention in the crowded market, Base Dawgz opts for a base-jumping suit.
Spotlight WireThe unique meme coin avatar adventure resonates with the adventurous spirit of the meme coin market. The compelling narrative has drawn the attention of speculative investors, as evidenced from the turbocharged presale that is now past the $2.7 million milestone.
Although Base Dawgz prefers to focus on the Base blockchain label, it offers a unique multichain experience. It will trade on Ethereum, Solana, BSC, and Avalanche.
Visit the $DAWGZ token presale.
4. PlayDoge ($PLAY): A retro P2E game inspired by the ’90s Tamagotchi craze
PlayDoge is a viral new meme coin sensation. The $PLAY presale is on its way to $6 million.The P2E Doge Companion Game takes inspiration from the Tamagotchi craze of the ’90s. Like Tamagotchis, the virtual Doge pets need caring. They live in a retro 8-bit universe full of mini-adventures.
The more consistently the gamer takes care of their virtual Doge, the more rewards they earn in $PLAY tokens.
Spotlight WireThe Tamagotchi craze is behind the presale FOMO. It is paving the path for action-packed DEX listings. A series of bull runs are expected in the days that follow the $PLAY launch. But the P2E utility will take over the centre stage in the fourth phase of the roadmap. This is when the PlayDoge app and mini-games are released.
Before that, investors can grab $PLAY in the ongoing presale for fixed discounted prices.
Visit the $PLAY token presale.
5. Positive price correction underway for the top altcoin sensation, XRP
The year 2024 has been kind to most high-cap cryptocurrencies. Bitcoin, Ethereum, Solana, and Toncoin climbed up the charts this year, inspiring more investors to join the crypto revolution.However, XRP has been one of the exceptions.
Spotlight WireXRP price performance, source: CoinMarketCapXRP lost around 20% value this year, slipping down to a market cap of $32 billion. It has settled down for the seventh place in global crypto rankings. Rivals like Solana and BNB, on the other hand, are surging. For example, Solana has gained over 500% in a year. However, things are looking up for XRP. It has gained 30% this month, and could reach a new high this year.
Due to the series of downtrends, a positive price correction is anticipated for XRP in the next bull cycle. While the all-time high of $3.84 remains a distant dream, XRP could make its way to $1 with consistent network activity and social momentum.
Internal developments and broader market dynamics are conducive to XRP’s price action this month.
Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsement. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.
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This story originally appeared on: India Times - Author:Faqs of Insurances
