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The altcoin sector is gaining attention, and various parts of the crypto world are seeing a resurgence in demand. Similarly, Metaverse tokens are picking up speed, hinting at an upcoming bull run and signaling the potential start of an altseason.
With expectations of a bull market, altcoins are poised for significant gains this week. Analysts think this might produce more explosive performance for meme coins, too. However, Bitcoin’s dominance has overall gone up this year, showing that the market is mixed.
Next Cryptocurrency To Explode
Attention in the crypto market in the coming month will be directed toward altcoins and meme coins as the market anticipates a bull run. Investors can capitalize on the moment and take a position in upcoming tokens like the 99Bitcoins token. 99Bitcoins token’s transition from the ERC-20 to the BRC20 token standard enables developers to create a new token standard. This post covers the details of its presale.
1. Pepe (PEPE)
Pepe Coin is now valued at $0.00001170, with a 24-hour trading volume of $2.1 billion and a market cap of $5.04 billion, representing a 0.21% market dominance. In the last 24 hours, the price of PEPE has jumped by 28.66%. This surge might be linked to the U.S. SEC’s “preliminary approval” of spot ETH ETFs. Pepe, a highly reactive meme coin on the Ethereum blockchain, previously experienced a 56% price increase when spot Ethereum ETF 19-4b applications were approved. With ETF trading set to begin on July 23, PEPE’s upward trend might continue.
Pepe Coin reached its highest price of $0.00001717 on May 27, 2024, and its lowest price of $0.000000001057 on April 14, 2023. Since its all-time high, the lowest price recorded was $0.00007734, and the highest price since then was $0.00001253. The current outlook for Pepe Coin is positive, with the Fear & Greed Index at 65, indicating greed. Pepe Coin has a circulating supply of 420.69 trillion PEPE, which is also its maximum supply.
Additionally, the recent increase in PEPE’s price may be partly due to the growing acceptance and positive sentiment towards cryptocurrencies, influenced by figures like Larry Fink, CEO of BlackRock. In a recent CNBC interview, Fink expressed his strong belief in Bitcoin’s role in investment portfolios, calling it “digital gold” with the potential to provide uncorrelated returns and protect investors from currency debasement.
Technical indicators on PEPE’s 4-hour chart suggest that the meme coin could continue to rise in the next 24 hours. The Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) show positive signs. RSI readings have significantly increased during the past trading day. Now above 80, this indicator suggests PEPE has strong bullish momentum.
2. Worldcoin (WLD)
Worldcoin, a cryptocurrency, has recently gained attention due to a significant increase in its price. In early May, the value of Worldcoin’s token, WLD, rose by 22%, making it one of the best-performing altcoins. This increase aligns with a surge in artificial intelligence (AI) advancements, particularly those related to OpenAI. This suggests a possible link between WLD’s market trends and developments in AI technology.
Speculation about potential partnerships and new projects incorporating more AI tools into cryptocurrency has increased excitement. Currently, Worldcoin is priced at $2.22, with a 24-hour trading volume of $348,276,421, reflecting a 214.24% increase. In the last 24 hours, Worldcoin has risen by 17.06%. It ranks 104th on CoinMarketCap, with a market cap of $612,298,321 and a circulating supply of 275,589,991 WLD coins.
Investing in Worldcoin offers the chance to participate in a cutting-edge cryptocurrency project that uses biometric verification and zero-knowledge proofs to enhance security and privacy. Its innovative approach aims to prevent AI impersonation and support the distribution of Universal Basic Income (UBI), which could help reduce economic inequality.
Just in: The Worldcoin community has grown to 6 million verified humans & the Worldcoin Foundation has announced an additional year to redeem reservations.https://t.co/TrKDTXHqqU
— Worldcoin (@worldcoin) July 10, 2024
The upcoming World Chain Layer 2 platform, supported by Ethereum’s security, promises efficient user onboarding and robust blockchain operations. These developments position Worldcoin as a forward-thinking investment in the rapidly evolving crypto market.
For July, the average price prediction for WLD is $2.35. Analysts expect the coin’s price to range between $2.18 and $2.42. By 2025, Worldcoin is projected to exceed an average price of $4.40, with a minimum expected cost of $3.92 and a maximum of $4.73.
3. 99Bitcoins (99BTC)
99Bitcoins aims to offer a user-friendly blockchain education platform, which has attracted market attention by raising over $2.4 million in its presale. Although the project is new, it benefits from the experience of the 99Bitcoins media outlet, established in 2013. Launching the 99BTC token is a significant step in their plan to improve crypto education. Initially, the token will be an ERC-20 token but will later transition to Bitcoin’s BRC20 framework.
The platform also includes a Learn-to-Earn layer combining gamified content with financial incentives. On the 99Bitcoins platform, users can gain blockchain knowledge through interactive courses and quizzes. By completing educational activities, they can also earn 99BTC tokens directly in their wallet.
BIG NEWS! 🚀
Our $99BTC #Presale has just surpassed $2.4 MILLION! 🎉
This is your opportunity to join early and be part of something big. 👀
Get in on the action now!
👉 https://t.co/NXD7DAamqr#99Bitcoins #Cryptocurrency #L2E pic.twitter.com/Asqy4JcG1P— 99Bitcoins (@99BitcoinsHQ) July 15, 2024
Market experts describe the project as a “massive opportunity” for users to earn money online. This highlights the innovative nature of crypto technology and its potential to change financial models. With an annual percentage yield (APY) of 700%, investors can take advantage of the current price of $0.00114 before it increases in less than a week.
The project’s tokenomics, detailed in its whitepaper, are praised for their thoughtful distribution. With a capped total supply of 99 billion tokens, the allocations include 10.5% for presale buyers, 14% for staking rewards, and 44.5% for community incentives and project growth.
An ongoing airdrop campaign will reward 99 winners from over 6,900 entries, with the announcement scheduled for July 19th. The focus on education, strategic token distribution, and attractive rewards makes the 99BTC token an interesting opportunity for crypto investors looking for learning and potential financial returns.
4. PUPS (Ordinals) (PUPS)
PUPS is a groundbreaking memecoin that has significantly impacted the Bitcoin blockchain, the largest and most established cryptocurrency network. This innovative token has changed the cryptocurrency landscape by executing Bitcoin’s first-ever BRC-20 token airdrop. This achievement highlights $PUPS’ commitment to a free and fair launch.
Despite its groundbreaking airdrop, PUPS remains true to its nature as a pure memecoin, with no roadmap and a community-driven approach. It represents the future of meme culture and digital assets on Bitcoin, showing that great achievements are possible in the crypto space through collective effort and shared vision.
Late last month, the PUPS community launched Meme Depot, a platform for creating and curating a shared meme archive for $PUPS. This initiative includes advanced AI-powered smart tags for efficient meme searching. Bitcoin puppets have collected over 1,200 memes, GIFs, and videos in less than a month, attracting over 99,000 views.
Been practicing my pump so I can hit my PR’s past ATH during this bullrun only the jeets fold, The prophecy continues! $PUPS pic.twitter.com/JXCW3NvIoK
— Pups (@PupsToken) July 15, 2024
PUPS has partnered with key players in the cryptocurrency ecosystem, such as Dextools and OKX, to enhance its visibility and accessibility to traders and investors. According to the latest market data, PUPS is trading at $5.44, with a significant price increase of 22.45% in the last 24 hours. This price action reflects growing interest and adoption within the crypto community, especially among Bitcoin enthusiasts and meme coin fans.
5. dogwifhat (WIF)
Dogwifhat (WIF) has faced a 13.52% decline over the past month. However, the weekly and daily charts suggest a bullish outlook. In the last 24 hours, the token has increased by 23.24% and risen over 31% in the past week. This presents a good opportunity for traders to consider accumulating the crypto.
On March 31, 2024, dogwifhat reached its all-time high of $4.83. Its all-time low was on December 13, 2023, and it has since increased by 99,987%. There is still potential for dogwifhat to make new traders millionaires if it follows a bullish trend. Predictions indicate it could reach $4.55 by the end of Q4 2024.
Following a significant rise from around $1.51, the price surged into the resistance zone between $2.15 and $2.27. Despite a 23% increase, the WIF price remains under bearish pressure as technical indicators are neutral. The On-Balance Volume (OBV) has increased from its lows but hasn’t surpassed average levels.
The @Forbes interview went well.$WIF https://t.co/arbMCYQmPi pic.twitter.com/MKhNwrt4Oo
— dogwifcoin (@dogwifcoin) July 15, 2024
A level decrease might not indicate a pullback, as the MACD shows a slight increase in buying volume. Therefore, the price is expected to stay within the resistance zone until the next bullish push, which could elevate it to the descending trend line. Once these levels are surpassed, the dogwifhat price is anticipated to maintain an upward trend and reach the upper resistance zone.
Read More
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