Forbes ranked the top 10 cryptocurrencies by market cap, but this article highlights smaller cryptos with greater potential for gains in the next bull market.
The search for top cryptocurrencies to buy is popular, but it shouldn’t be limited to repetitive lists like those often featured on mainstream platforms such as Forbes. A quick search usually brings Forbes to the top, promoting what they consider the best cryptocurrencies to buy.
However, their list often mirrors the largest cryptocurrencies by market capitalization without offering fresh insights. Let’s briefly review Forbes’ list and then explore a more dynamic selection of cryptocurrencies that deserve attention, especially with a potential bull market on the horizon.
Forbes’ list of top cryptocurrencies on August 13, 2024, includes Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB), Solana (SOL), USD Coin (USDC), XRP, Toncoin (TON), Dogecoin (DOGE), and Cardano (ADA). This list mirrors the top 10 cryptocurrencies by market cap, making it a safe and predictable choice.
While these coins are market leaders, they may not offer the best opportunities for investors seeking big gains during an upcoming bull market. The real excitement lies in smaller coins that could potentially deliver much higher returns.
Five meme coins to watch
Meme coins tend to outperform during bull markets, especially after long bear markets. Their speculative nature and viral potential attract retail investors. Here are five meme coins that could see substantial growth:
Pepe Unchained (PEPU)
Pepe Unchained (PEPU) has quickly raised over $9.4 million in its ongoing ICO, attracting more investors daily. Priced at $0.0090539, the token’s ‘double-staking’ system with a 210% APY appeals to a wide range of investors.
We’ve just hit $9M! 🎉
Pepe Unchained is unstoppable, and it’s all thanks to you! pic.twitter.com/jdvgHIXjuj
— Pepe Unchained (@pepe_unchained) August 16, 2024
Pepe Unchained is easy to buy with Ethereum, Tether, Binance Smart Chain, and even bank cards. Unlike Ethereum, it uses its own Layer-2 blockchain, ‘Pepe Chain,’ which solves Ethereum’s scalability issues and lowers transaction fees.
With transaction speeds up to 100x faster than Ethereum, Pepe Chain draws both investors and developers. It handles transactions off the main blockchain, reducing congestion and gas fees.
Pepe Unchained’s faster transactions and lower fees make it an attractive choice, especially for those frustrated with Ethereum. Developers also benefit from a more efficient environment for building decentralized apps (dApps), with better speed and security.
The project includes features to detect and challenge suspicious transactions, setting new standards in the meme coin sector. It has gained significant attention on social media, with over 11,000 followers on X and more than 5,600 members on Telegram.
To take part in the $PEPU token presale, visit pepeunchained.com.
Mother Iggy (MOTHER)
Rapper Iggy Azalea launched the Mother Iggy cryptocurrency, a meme coin on the Solana blockchain. Its value stems mainly from entertainment and speculation, driven by Azalea’s social media presence. Solana’s technology allows fast transactions, low fees, and strong security for the token.
With nearly 990 million MOTHER tokens mostly distributed through private sales and airdrops to her fans, the token initially struggled after its May 2024 launch, trading at around $0.01. However, intense marketing, a public feud with Vitalik Buterin, and plans to integrate MOTHER into Azalea’s business spiked the price to over $0.24 in June.
Although the price later corrected, Mother Iggy has remained stable, trading above $0.03 and ranking as the top celebrity coin by market cap. While primarily speculative, the token might gain real-world use as a payment method on Azalea’s websites, potentially evolving into a functional cryptocurrency.
Daddy Tate (DADDY)
Andrew Tate’s Daddy Tate (DADDY) meme coin has experienced volatility. After dropping to $0.048, it rebounded by 70% in two days but remains 75% below its June peak. Despite this, DADDY has over 55,000 holders and $1.7 million in liquidity, thanks to Tate’s large social media following.
DADDY shows an uptrend with higher highs, but faces resistance at $0.095. If it fails to break this level, the price may fluctuate between $0.095 and $0.073, with a drop below $0.073 threatening recovery.
Tate also launched The Real World (TRW), a new token tied to his educational business. TRW offers profit-sharing to investors, with a TRW airdrop planned for DADDY holders. However, TRW has faced delays, and DADDY’s launch sparked controversy over insider trading.
Early investors controlled 30% of the supply, leading to instability. Criticism of Tate’s ventures, along with the entry of about 30 other celebrities into the meme coin market, adds to the uncertainty surrounding DADDY and TRW.
Crypto All-Stars (STARS)
The Crypto All-Stars (STARS) presale raised over $500k in five days. Traders can buy $STARS at $0.0013911, but the price will rise in less than 24 hours. Crypto All-Stars is gaining attention with its unique staking idea. Potential investors can visit our guide on how to buy Crypto All-Stars tokens here.
Holders of meme coins like Dogecoin, Pepe, Shiba Inu and many more can earn interest by depositing them in Crypto All-Stars’ “MemeVault.” The vault rewards users with $STARS, and the more $STARS they hold, the higher their annual yield.
Meme coin communities can now unite under the Crypto All-Stars brand, moving past rivalries to grow wealth together with $STARS. The staking feature is still being developed, with presale funds helping the team build the platform.
This also lets retail investors buy in early, a chance usually reserved for big venture firms. Though the MemeVault isn’t live yet, $STARS presale investors can stake their tokens with a 2,887% annual yield. The rate will drop as more people join, but early stakers could see big gains.
For updates, follow Crypto All-Stars on X, join their Telegram, or visit the website to buy and stake tokens. To take part in the $STARS token presale, visit cryptoallstars.io.
TOPG1500 (T1500)
TOPG1500 (T1500) recently surged in value, attracting 2.57k holders and reaching a market cap close to $4 million. In a down market, T1500 stands out as one of the few green coins, grabbing investors’ attention.
Jake Guerilla, the coin’s developer, is adding to the excitement by planning a high-profile trip to Romania to meet Andrew and Tristan Tate. This could potentially boost T1500’s price by 10x or even 100x. The token is currently consolidating around $0.0043 and is being closely watched by investors.
A recent sponsorship deal with Andrew Tate’s merchandise has also increased bullish sentiment, bringing in influencers and market participants.
Related
- Market Rebound Sparks Optimism for Leading Meme Coins – PlayDoge, TOPG1500, Base Dawgz, and PeiPei
- The Newest Meme Coin Presale with a Unique Staking Platform Now Raises Over $500k
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