Over the last year, the cryptocurrency market has experienced dramatic highs and lows. It started the year with a significant increase in crypto prices, followed by a price drop in June and early July. While there was a sharp recovery in late July, the broader crypto market has suffered another significant setback in the first few days of August, with major assets like Bitcoin and Ethereum falling by over 10% and 20% respectively.
The dramatic fall in prices of cryptocurrencies is caused by the downturn in the global economy, triggered by the recent crash of Japan's stock market. Amid the bearish run in the market, the Bitcoin price crashed from around $64k to the $50k mark. More so, major altcoins like SOL, BNB, and XRP have also entered the red zones.
However, despite the huge liquidations caused by the ongoing bear market, savvy investors are still hopeful and eagerly eyeing the best altcoins to buy before the market recovers. So whether you're looking for established coins or exploring newer projects, this guide will help you find the best altcoins to buy before the next crypto bull run begins.
Best Cryptos to Buy Right Now - Top 10 List
Here are the top 10 best cryptos to buy right now:
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Solana - Blockchain Built For Mass Adoption
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99Bitcoins - Revolutionary Learn-To-Earn Token
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The Meme Games - Olympic-Inspired Meme Coin
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Ripple XRP - Decentralized Payment Network
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Shiba Shootout - Wild West Crypto Frontier
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Pepe Unchained - Pepe’s Own L2 Blockchain
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Ethereum - Second Largest Cryptocurrency By Market Capitalization
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Base Dawgz - Dynamic Dog-Themed Memecoin
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PlayDoge - Best P2E Doge Companion Game
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Mega Dice Token - #1 GameFi On SOL
Best Altcoins To Buy Before The Crypto Bull Run Starts
To learn more and make the best investment decision, we have done detailed research about each altcoin to buy before the crypto bull run starts.
Solana- Blockchain For Mass Adoption
Solana is surely one of the best altcoins to invest in before the crypto bull run begins. This altcoin is well known as a fast and cost-effective blockchain, which is often touted as a potential competitor to Ethereum. Since Solana uses proof of history (PoH) for faster validation and is also designed to scale without layer 2 solutions, it is widely considered among the most promising blockchain networks in the crypto industry.
In terms of price performance, Solana is one of the cryptocurrencies with massive momentum as this crypto has seen a +403% increase in value in the last year, making it one of the most successful crypto tokens of the resurgent crypto bull market.
Recently, Solana has made headlines for putting up a strong resistance against the downturn that has ravaged the crypto market. In the last 30 days, SOL has seen a price correction of -10%. However, the token still maintained its position as the 5th largest cryptocurrency by market capitalization.
Solana has also been mentioned in many recent discussions, thanks to the massive development in its meme coin sector. This is another worthy mention, as many of these meme coins run on the Solana network, which brings attention to $SOL. The reason for that is that many of these meme coin presales require users to buy $SOL, which increases the demand for the coin.
Moreover, Solana, in collaboration with Colosseum, has recently announced the Solana radar hackathon, which is intended to run from September 2nd to October 8th, 2024. This project is intended to assist newcomers to the industry in launching their first cryptocurrency project, competing online, and being noticed by the Solana community. The project is also open to developers as it is the best way to get an MVP and bootstrap distribution.
All in all, Solana, which is currently trading around $114, has made it to our list as one of the best altcoins to buy before the crypto bull run starts due to the network's recent upgrades and partnerships that have bolstered its position as a top choice for investors. Investors interested in this altcoin can stay tuned for more project updates by reading Solana’s whitepaper and following their X account.
99Bitcoins - Revolutionary Learn-To Earn Token
99Bitcoins is another cryptocurrency with a high growth potential before the crypto bull run begins. Being a leading crypto education platform for over a decade now, 99Bitcoins is designed to reward users for learning about cryptocurrency.
The platform, which was founded in 2013, even before the launch of some other cryptocurrencies like Ethereum, has been offering a wide range of courses, guides, and tutorials on cryptocurrencies and their market. It currently boasts 2.8 million email subscribers, 709k community followers, and a total of 79 hours worth of crypto courses.
Recently, 99Bitcoins launched its token, establishing a learn-to-earn ecosystem with a token that serves as a critical function within the platform. With 17% of the token supply set aside for community rewards, $99BTC aims to provide numerous benefits to both token holders and community members.
For instance, users can earn free $99BTC tokens by completing educational courses and quizzes on the platform, and this program will contribute to the company's long-term goal of assisting users in maximizing the rewards of a bull market.
This makes 99Bitcoins an altcoin worth investing in, especially for new traders, as it enables users to get rewarded while increasing their crypto knowledge. Token holders will be able to gain access to exclusive learning materials, VIP groups, and advanced trading strategies, which could be crucial in the upcoming bull market.
So far, the 99Bitcoin token presale has been extremely successful, raising $2.6 million in a relatively short period of time. One $99BTC is now trading at $0.0016, and analysts’ predictions are very optimistic.
The 99Bitcoins presale ends on August 6, 2024, meaning investors have less than 24 hours left to get in on the ground floor. Tokens can be claimed beginning August 8, along with the first DEX listing. So, investors looking to buy this altcoin before the crypto bull run starts should take advantage of the time left to secure their $99BTC tokens.
For the latest updates, subscribe to 99Bitcoins’ YouTube channel or follow its page on X.
The Meme Games - Olympic-Inspired Meme Coin
Next on our list is The Meme Games, a popular meme coin project that is widely considered one of the best altcoins to buy right now. It is an Olympic-inspired meme coin that has become quite a sensation recently, raising nearly $340k in its presale.
Essentially, the project combines five meme coin characters, including Pepe Unchained, Dogecoin, WIF, Brett, and Turbo. In this fun game, individuals can win a token bonus when they buy $MGMES tokens.
Due to the growing excitement around the Olympics, the Meme Games altcoin is likely to be one of the most exciting crypto projects in the next few months. Many people already call it the ‘official’ meme coin of the 2024 Paris Olympics.
This meme coin is currently trading for just $0.00915, with many analysts predicting a 100x potential for this meme coin. A key feature contributing to these predictions is the staking reward offered by the project. During the early presale rounds, investors can earn a three-digit APY reward.
The Meme Games token presale is taking place concurrently with the Olympics in Paris and is set to end on September 8, the day the Paralympics conclude. It’s worth noting that the token will be listed on DEXs on September 10, and many investors expect gains from this listing.
Users who haven’t staked their tokens can claim right away, while those who staked theirs will have a seven-day vesting period until their tokens unlock.
For more updates, follow The Meme Games on X or join its Telegram channel.
Ripple XRP - Decentralized Payment Network
Since December 2020, Ripple has been a focal point of attention due to its ongoing legal battle with the SEC. However, recent developments suggest a potential settlement, which could lead to a significant price upswing in XRP price.
Ripple is already one of the largest cryptocurrencies with a market capitalization currently valued at almost $25 billion and it remains a strong contender in the cross-border payments space, with a dedicated user base and extensive network.
And there’s a good reason for Ripple’s popularity - Its network revolutionizes international bank transfers by eliminating high fees and slow processing times, even for exotic currencies from emerging markets. The platform enables rapid exchange of virtually all currency pairs in seconds, with minimal fees of just micro-cents, regardless of the transaction amount.
XRP, the native cryptocurrency, facilitates these cross-border payments by providing liquidity, making it a compelling long-term investment opportunity. With a 7% increase over the past month, many experts recommend adding XRP to your portfolio for its solid use case and potential for long-term growth.
Notably, the Ripple network is already being used by over 100 financial institutions, including the Bank of America and other influential banks and institutions. Ripple is currently trading for $0.44, way below its all-time high of $3.4 and its yearly high of $0.72. Nonetheless, the token is poised to retest its all-time high as soon as the market turns bullish.
To stay updated about this project, follow Ripple on X.
Shiba Shootout - Wild West Crypto Frontier
Building on the popularity of Shiba Inu, Shiba Shootout is a new token in a presale stage focused on gaming and community-driven events. Since the presale started, the token's unique approach to engaging its community through interactive games has garnered considerable attention.
Principally, this token was created for the community as it is all about rewarding its users. For instance, investors can be a part of the ‘Posse Rewards referral program and earn tokens for every successful referral or stake their tokens on ‘Cactus Staking,’ a feature that currently offers more than 1000% in annual yield.
The idea is fairly simple - Users on this platform can purchase tickets and lotteries using $SHIBASHOOT tokens and receive rewards for sharing entertaining tales, entering lotteries, and staking tokens on staking mechanisms. They can also use the 'Campfire Stories' option on this cowboy-themed platform to share entertaining stories about their meme coin experiences. The most intriguing tales are rewarded with the native token.
Currently, $SHIBASHOOT is priced at a discounted price of just $0.0198 per token on its presale. In a couple of months, the presale has raised close to $900k, indicating the popularity of this new project.
Investors interested in buying this altcoin can visit Shiba Shootout's official presale page below.
For more information, follow Shiba Shootout on X or join its Telegram page.
Pepe Unchained - Pepe’s Own L2 Blockchain
Pepe Unchained is certainly one of the best meme altcoins to buy right now as it presents a revolutionary project and is currently an extremely popular altcoin project among crypto investors and analysts.
The project includes a decentralized exchange and NFT marketplace, making it a multifaceted investment option. Its native token, $PEPU, is one of the best altcoins to invest in before the crypto bull run as it comes with a notable improvement from the original Pepe coin, with its own Layer 2 blockchain.
Being an improved version of the original Pepe, Pepe Unchained solves many issues for instant and low-cost bridging between ETH and Pepe Chain. As a matter of fact, one of the reasons this altcoin made it onto this list is its higher volume capacity which is said to be 100 times faster than Ethereum. With such an impressive improvement, it comes as no surprise that analysts believe it can be the next 10X meme coin.
At the time of writing, Pepe Unchained is offering a generous three-digit APY for those participating in the presale. So far, Pepe Unchained raised over $7.3 million at a price of $0.0088, and the buzz online continues to grow.
To stay updated about its future listings, follow Pepe Unchained on X or join its Telegram channel.
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Next on our list is Ethereum, the second-largest cryptocurrency after Bitcoin by market capitalization and one of the best altcoins to buy before the crypto bull run. Thanks to its robust smart contract functionality and extensive developer community, ETH continues to be a cornerstone of the crypto ecosystem. And, with its most recent ETH 2.0 upgrade, which aims to increase scalability and efficiency, Ethereum remains a strong investment.
Ethereum, the most popular platform for DeFi and NFTs, has a market cap of $274 billion, and ETH’s price has increased by +26% in the last year. The recently launched Ethereum ETFs, which were approved earlier this year and started trading on July 23, could skyrocket demand, propelling ETH’s price to new heights.
A key reason for ETH's bullish momentum projection is the recent increase in open positions. At the beginning of July, Ethereum’s open interest, which reflects increased investor confidence and market activity in the cryptocurrency market, fell from an estimated $12 billion to $9 billion.
However, this drop has been short-lived, as the Ethereum open interest quickly recovered in recent weeks, surpassing $11.7 billion. This significant increase indicates renewed interest in Ethereum and increased market confidence.
Ethereum is currently priced at $2,300, with a YTD return of slightly over 24%. Still, it currently trades way below its yearly high of $4,090.
Looking ahead, if the cryptocurrency market recovers from its ongoing bear market, Ethereum will definitely see a surge in its price, making it one of the best cryptos to buy before the crypto bull run.
Base Dawgz - Dynamic Dog-Themed Meme Coin
Base Dawgz is a revolutionary base-jumping meme coin that will be launched simultaneously on Base, Ethereum, Avalanche, Solana, and the BNB Smart Chain. The token was established on Base, Coinbase's Layer-2 for Ethereum, which is significant given that this is swiftly becoming a hub for meme coin trade. The most recent Base meme currency launch, $BRETT, skyrocketed over 100 times, and many crypto analysts predict $DAWGZ can do the same.
Base Dawgz is a meme coin inspired by the spirit of base jumping and the cultural phenomenon of the Shiba Inu meme. It was designed for those who crave adventure and innovation and aims to bring investors a unique multi-chain experience.
Token holders can also earn through the refer-and-earn program, as they only have to copy their referral link and send it to their friends, and for every purchase made using their link, they’ll receive 10% of the purchase amount as USDT.
The Base Dawgz presale is off to a fiery start and has raised more than $2.8 million in just a month of its launch. The project's share-to-earn scheme, which pays $DAWGZ token holders for resharing Base Dawgz content, is helping it gain momentum quickly. Users only need to reshare content from the Base Dawgz X account after connecting their X account to the presale.
Base Dawgz also offers utility by enabling $DAWGZ token holders to move value seamlessly between blockchains. All of these make Base Dawgz among the most promising altcoins before the next crypto bull run begins. According to analysts, Base Dawgz has the potential to be the next Base token to give investors high returns.
The early excitement around the presale is a likely sign that this token could be headed for greatness. Those who are interested in buying this altcoin can visit the official presale site for more information.
For more information on how to be eligible for Base Dawgz’s upcoming airdrop, follow it on X.
PlayDoge - The Best P2E Doge Companion Game
PlayDoge is one of the newest and most exciting cryptocurrency projects right now. This new BNB-based token brings together the Doge meme and a Tamagotchi-themed play-to-earn (P2E) mobile game, which allows users to earn $PLAY tokens while caring for a virtual pet. PlayDoge is a meme-inspired virtual pet companion game with retro-8-bit graphics and thrilling play-to-earn elements built just for mobile phones.
Recently, PlayDoge announced the launch of its presale, and so far, the project has raised close to $6 million from its presale. Early investors can purchase $PLAY tokens at a discount price of $0.00526, with analysts projecting that this meme coin can become the next 10x potential crypto.
Investors can also stake $PLAY and receive an APY of around 70%. So far, a total of 239k $PLAY tokens have already been staked, which may indicate that there’ll be low selling pressure upon launching this token, as such a large number has already been staked.
Taking all the above into consideration, PlayDoge seems to be one of the best altcoins you can buy right now before the next crypto bull begins.
To stay updated about its future listings and upcoming P2E games, follow PlayDoge on X.
Mega Dice Token - The #1 GameFi On SOL
Mega Dice Token comes next on our list of the top altcoins to buy before right now. Founded in 2022, Mega Dice is one of the leading brands in the crypto casino and sports betting site, with over 50,000 participants and 10,000 active monthly users.
As Mega Dice offers over 4000 casino games from major providers and allows users to bet on over 50 sports and eSports markets, the introduction of its native currency, $DICE, was inevitable. As a result, the casino recently launched a presale for its native $DICE cryptocurrency, which is gaining a lot of interest from crypto investors and analysts.
At the time of writing, one $DICE is trading for $0.105, and the $DICE presale has already raised close to $1.7 million in just a few months of operation, indicating considerable investor interest. Additionally, with this hype, crypto analysts project that the Mega Dice token might be the next 100X crypto presale.
Holding Mega Dice tokens allows users to enjoy several benefits. $DICE holders can receive special benefits such as priority access to events and games. You can also stake your tokens for some time and receive significant payouts from a pool of 42 million tokens set up for staking.
Additionally, you can also get a 10% commission (no upper limit) on the amount invested by someone you referred, and there is also a $2.25 million airdrop divided into three seasons for active platform users, with $750K in rewards for each season.
Finally, the Mega Dice team also ensures that early participants in the presale receive bonus tokens, thereby increasing their initial investment.
This and many more is what makes Mega Dice an interesting altcoin to invest in before the next crypto bull run.
Follow Mega Dice on X or join its Telegram channel.
Is The Crypto Bull Run Back - August Crypto Market Overview
After an eventful July that almost took the price of Bitcoin to its initial $70k level, the crypto market is now starting August on a very weak note. According to CoinmarketCap, the overall market cap of all crypto assets plunged 13%, with major assets like Bitcoin and Ethereum registering their lowest levels since February.
This sudden downturn in the global market, according to data from Coinglass, has compelled over 300,000 crypto traders to forfeit their leveraged positions, leading to more than $1 billion in total liquidations.
Among other leading cryptos by market cap, SOL dipped 11% and BNB slumped 22% in the last 24 hours. The bearish run also extends to the meme coin space, with Dogecoin and Shiba Inu recording heavy declines in their prices.
Despite the heavy falling in prices of these cryptocurrencies, investors are still keeping their hope alive, awaiting a comeback of the bull run.
Conclusion
The cryptocurrency market's volatility presents risks and opportunities, but investors can profit from the next crypto bull run by staying informed and making strategic investments. With the recent fall of around 12% in the total crypto market capitalization over the past 24 hours, some investors have started buying the dip with the belief that a massive recovery might follow.
Besides Bitcoin, traders should also consider buying altcoins such as those mentioned in our guide for the next crypto bull run. For diversification, these include top-tier crypto coins such as Solana, Ripple, and Ethereum, along with cryptocurrencies in a presale stage, including 99Bitcoins, Pepe Unchained, PlayDoge, Base Dawgz, Shiba Shooutout, and Mega Dice Token.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
