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With the crypto market emerging from a lengthy bear phase, investors are on the lookout for potential altcoins to recover their losses. As the cryptocurrency market shows signs of recovery and the Fear and Greed Index reflects rising investor optimism, the emphasis is on enhancing portfolios for greater gains.
Many are focusing on projects that offer unique value propositions or new coins currently in presale. By strategically adding these high-potential assets to their portfolios, investors aim to capitalize on the market’s rebound and maximize their returns.
This article provides comprehensive overview of several promising cryptocurrencies worth monitoring and potentially investing in as the market shows signs of improvement.
Stacks (STX)
Stacks is a Bitcoin layer that enables the use of smart contracts and DeFi applications on the Bitcoin blockchain, leveraging Bitcoin as a settlement asset. Recently, the price of Stacks has surged by over 13.56% in the past week, fueled by increased activity in the Stacks ecosystem.
With a market cap surpassing $2 billion, $STX is currently the 32nd largest cryptocurrency. Stacks is approaching the $2 resistance level, and breaking through this could lead to a price test of the $2.50 mark.
By integrating smart contracts with Bitcoin’s robust security, Stacks enhances investor confidence and positions $STX as a leading player in the crypto space.
JasmyCoin (JASMY)
JasmyCoin is designed to build a decentralized data marketplace for Internet of Things (IoT) and Web3 applications. By integrating blockchain and IoT technology, it enables users to securely manage, store, and monetize their personal data. Recently, JasmyCoin experienced a 17% price rise over the past week, reaching $0.293.
This uptick follows the announcement of a new partnership with NOWPayments in Japan and a feature in Forbes, both of which are expected to boost $JAMSY’s value.
Additionally, the project has begun locking up over 100 million $JASMY coins to mitigate sell pressure and deter early investors from flooding the market. Given its historical performance and a 328% increase over the last six months, JasmyCoin appears poised for substantial growth.
Pepe Unchained (PEPU)
Pepe Unchained is an emerging meme coin initiative that has garnered significant interest due to its innovative approach. Leveraging the popularity of the Pepe meme, the project recently captured headlines with its successful ICO, raising $4.6 million.
Operating as a Layer 2 blockchain, Pepe Unchained focuses on speed, security, and low transaction fees while retaining the cultural impact of meme tokens. The project boasts its own blockchain explorer and provides staking rewards for early adopters. With 392 million $PEPU tokens currently staked, investor confidence is evident.
Great Saturday news! We've raised $4.5M!
Pepe Unchained is breaking barriers and making waves 🐸⛓️ pic.twitter.com/3hK6JyGOy4
— Pepe Unchained (@pepe_unchained) July 20, 2024
Although there has been a surge in staked tokens, the annual percentage yield (APY) remains at 407%, providing significant monthly returns for new investors. The token is priced at $0.0085618, and potential contributors can visit the official website to exchange $PEPU for ETH, USDT, or BNB, with credit card payments also accepted.
Combining meme culture with technological advancements, Pepe Unchained seeks to capitalize on the sustained interest in meme coins and establish itself as a prominent player in the market.
As it nears its next price tier, the project presents intriguing opportunities for those interested in the high-risk, high-reward cryptocurrency sector. For current updates on the Pepe Unchained presale, follow their X account (formerly Twitter) or become a member of their Telegram channel.
Core (CORE)
$CORE acts as Solana’s primary liquidity aggregator for smooth token trading, while Core is a decentralized blockchain network focused on scalability and security. The Core platform enhances interoperability, allowing seamless interaction between blockchains and supporting diverse decentralized applications (dApps).
It addresses limitations in current blockchain technologies—like scalability, speed, and cost—through advanced consensus mechanisms and innovative architecture. As of the latest update, $CORE is priced at $1.03, reflecting an 8.25% increase over the past 24 hours and a 37.82% rise over the last week.
Should the current bullish trend persist, $CORE could potentially hit resistance levels of $1.24 and $1.50. Conversely, if the trend shifts, $CORE may drop to a support level of $0.85.
To see the full list of the top 10 altcoins to buy right now, watch the video above and subscribe to his YouTube channel. Additionally, join Jacob Bury’s Discord channel for trading tips and updates on upcoming crypto presales.
The Meme Games (MGMES)
The Meme Games is an emerging contender in the presale phase that could potentially experience significant growth, possibly becoming the next big meme coin in the crypto market, with returns of 10x to 100x.
This unique meme token blends meme culture with the excitement of the upcoming Olympics, offering a fresh perspective in the crypto space. Launched less than a week ago, investors still have the opportunity to acquire $MGMES at its lowest price of $0.00905.
As the presale progresses, the price is expected to rise. The Meme Games stands out with its playful approach and potential for community engagement through gamification. The project focuses on betting on meme-based characters, capturing the Olympic spirit in a unique way.
One of its standout features is the 169-meter dash event, which features five iconic meme coin characters—Dogecoin, Pepe, Floki, Turbo, and Dogwifhat—as mascots. Participants can choose their favorite character for a virtual sprint and stand a chance to win a generous 25% bonus if their selected character wins.
Source – The Meme Games Twitter
Each character has distinct strengths and a 20% chance of claiming the top spot, offering an exciting mix of skill and luck. In addition to the exhilarating dash event, The Meme Games offers rewards through a staking feature, currently providing an impressive 1318% APY.
Investors opting to stake their $MGMES tokens will be subject to a brief seven-day lockup period post-exchange launch, while those who do not stake will have immediate access to their tokens.
The presale ends on September 8, 2023, with the exchange launch scheduled for September 10. With its vibrant community and engaging, playful approach, The Meme Games is shaping up to be a promising option for meme coin enthusiasts.
Stay updated on the presale of The Meme Games by following their X page or joining their Telegram channel. To take part in the $MGMES token presale visit memegamestoken.com.
Related
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- 5 Best Altcoins To Invest In Today July 15 – Immutable, Popcat, Render
Most Searched Crypto Launch - Pepe Unchained
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- Staking Rewards - pepeunchained.com
- $40+ Million Raised at ICO - Ends December
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