New altcoins to watch in 2024 as major cryptos struggle Trending cryptos like Pepe Unchained, Base Dawgz, Crypto All-Stars, and The Meme Games are gaining traction with unique value propositions. Bittensor, despite a recent dip, remains a viable option with promising prospects for future gains
Major cryptos continue to struggle for the most part during recent months. The obvious choices are not lucrative this summer season. Instead, new altcoins are capitalising on the downtrend to draw attention to their value propositions.#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;} Here are the trending and hot new cryptos to watch for the remainder of 2024:
1. Pepe Unchained: The top new crypto with bright prospects in 2024 and beyond
Pepe Unchained ($PEPU) is the most exciting new altcoin of 2024. It is not a meme coin, although it looks like one from the outside. It has a strong utility that underpins its organic demand and value, independent of speculative investors. Pepe Unchained is building a layer-2 blockchain for meme coins.Trading meme coins has long remained a headache, especially during bull markets. Thanks to the ridiculous network delays and outrageous transaction fees, it is not easy to buy or sell meme coins as you please.
While top cryptos like Bitcoin and Ethereum can survive them, that’s not the case with most meme coins. They are highly susceptible to small market movements.
Spotlight WirePepe Unchained is built to be a faster and cheaper network that does away with these difficulties. It aims to bring more efficiency and stability to the market through its layer-2 blockchain. With the layer-2 market taking off, Pepe Unchained has promising long-term prospects.Why the Pepe theme, then? The project captures market attention with its hilarious narrative, driving rapid community growth and proving its success. The project has expanded to 11K and 5.5K followers on Twitter and Telegram, respectively.
Analysts like ClayBro (130K+ subscribers) are highly optimistic about the meme coin’s journey ahead.
Despite the broader market downturn, the Pepe Unchained presale is racing ahead without any signs of a slowdown. It just broke past the $9.5 million milestone.
Buy $PEPU tokens in the presale
2. Base DAWGZ – Top new altcoin with a multichain ecosystem
Base Dawgz ($DAWGZ) is hosting one of the most sensational crypto presales of 2024 that has raised over $3 million so far. The $DAWGZ community has exploded to around 6K followers on Twitter and 8.5K members on Telegram.This is a presale no meme coin fan would want to miss this year. The quirky Shiba Inu sporting a Base jumping suit has already gone viral. It hilariously captures the adventurous spirit of the meme coin community, while underscoring the large growth potential of the Base blockchain.
Spotlight WireThe Base blockchain has been a hot hub for meme coins in 2024, and Base Dawgz aims to unlock the craze with its clever branding. Can it follow in the footsteps of Brett and Degen? If the presale FOMO is any indication, yes. More importantly, Base Dawgz is backed by a multichain infrastructure to ensure smooth trading. It is compatible with Ethereum, Solana, Avalanche, and BSC. The goal is to leverage each blockchain's strengths like security, speed, and cost efficiency.
A staking reward system accompanies the presale. Like the presale discounts, the staking APYs massively favour early investors.
Buy $DAWGZ tokens in the presale
3. Crypto All-Stars – A unified staking protocol for top meme coins
Crypto All-Stars ($STARS) presale is the latest meme coin craze, although it is not a meme coin in the conventional sense.For example, Crypto All-Stars doesn’t have any animal mascots or odd narratives. It is not a derivative or clone of a popular meme coin. Yet, meme coin investors are rushing to hoard $STARS tokens in the ongoing presale.
The secret lies in Crypto All-Stars’ MemeVault. The first of its kind, MemeVault is a unified staking protocol for meme coins. It allows deposits in trending meme coins like Pepe, Dogecoin, and Shiba Inu. In exchange, stakers get attractive passive income in $STARS tokens.
The returns depend not just on the amount invested and the length of the staking period. It also varies based on the number of $STARS tokens held by the participant. This way, $STARS tokens allow crypto investors to earn interest on their meme coin investments during the holding period.
Interoperability simplifies meme coin management in MemeVault. It supports multiple meme coins across different blockchains. Although $STARS is a new altcoin, it has established its integrity from the beginning. Leading blockchain security firm SolidProof has completed an extensive audit of $STARS.
Buy $STARS tokens in the presale
4. The Meme Games – Crypto-sports meme coin ready to explode
The Meme Games ($MGMES) is another hot altcoin to watch now. Like Pepe Unchained, the project doesn’t limit itself to the meme coin label. Instead, it ventures out into sports. While there have been many meme coins that tap into popular trends, $MGMES is the first of its kind.It is marketed as an Olympic meme coin. In the Meme Games, five top meme coins will race for victory and their backers stand a chance to win attractive rewards. The blockchain selects the winning athlete at random. $MGMES tokens are the entry tickets to the game.
Every time an investor purchases $MGMES tokens in the presale, they get to back a meme coin athlete of their choice. If the athlete wins and their prediction is correct, they win a 25 percent token multiplier in the presale.
https://x.com/MemeGames2024/status/1823283425819656218
The Meme Games is a meme coin to not miss this month. It is positioned for a pump on its launch in September, thanks to the Olympic fervour.
Buy $MGMES tokens in the presale
5. Bittensor – The leading altcoin to consider buying during the dip
Bittensor (TAO) is one of the top altcoins of 2024. Although TAO tokens were launched last year, the token entered the mainstream this year. It has registered a mind-boggling surge to a market cap of $2 billion.Is it realistic to expect substantial returns from Bittensor at this point? Yes. TAO has slipped 75 percent from its all-time high that was recorded this April. In other words, it has a positive price correction due.
With the next bull run predicted to be just weeks away, TAO emerges as a promising new cryptocurrency to buy now. Whether it can reclaim its all-time high remains to be seen. However, the upcoming rally is expected to reward new investors generously.
When compared to brand-new altcoins that have yet to make their debut, TAO may come across as a lacklustre investment. Although TAO has limited room for returns with its market cap in the billion, it is one of the best cryptos to consider in the high-cap category.
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This story originally appeared on: India Times - Author:Faqs of Insurances
