With the cryptocurrency market’s volatility and so many new tokens popping up every week, finding the top altcoins to buy isn’t always straightforward.
From established cryptocurrencies to new meme coins, there are plenty of options. To help you out, let’s take a look at seven of the best altcoins to invest now according to traders.
Wall Street Memes
Wall Street Memes is a popular new presale meme coin which has already raised a staggering $17.8 million. The project was quickly propelled to success thanks to its one-million-strong following across all social media platforms.
The project found inspiration in the GameStop saga in 2021, where retail investors banded together to overpower institutional money managers, powered by memes, community and humor.
Wall Street Memes set out in 2021, posting crypto and stock memes to social media, but also expanded into NFTs, releasing the Wall St Bulls NFT collection, which sold out in 32 minutes.
More recently, “The Dogefather”, Elon Musk, has supported the project via Twitter, engaging with Wall Street Memes’ tweets on multiple occasions.
With a $30,577,000 hard cap, the presale is closing in on its final stages. Therefore, investors looking to secure $WSM must act fast.
BTC20
BTC20 is a stake-to-earn Bitcoin alternative built on the Ethereum blockchain. It markets itself as the greener and more versatile version of Bitcoin and is currently available for Bitcoin’s 2011 price of $1.
The project is in a presale but is quickly selling out, having raised $2.5 million in under ten days with a $6.05 million hard cap.
BTC20 offers many advantages over the arguably outdated Bitcoin software. Since BTC20 is built on the Ethereum chain, it is easy to integrate with other Ethereum dApps, users can manage it from their wallets, and it uses a staking mechanism rather than mining.
Staking is far more accessible to the average crypto-user and environmentally friendly than mining.
Like Bitcoin, BTC20 has a 21 million capped supply; following the BTC20 presale, all tokens will be vested as staking rewards on a 120-year unlock schedule. As such, BTC20 is 100% community owned and decentralized.
Evil Pepe Coin
Another project that could explode in the bull market is Evil Pepe Coin. It is the evil alter-ego to the successful Pepe coin, which reached a staggering $1.8 billion market cap shortly after launching in May.
Evil Pepe Coin is currently in its presale, but with a hard cap of just $1,996,002, investors must be quick to secure their $EVILPEPE tokens.
90% of Evil Pepe tokens will be available at the presale, with the remaining 10% locked for DEX liquidity. This helps facilitate seamless trading and prevents any potential rug pulls.
The idea behind Evil Pepe Coin is to listen to your inner voice telling you to ape into meme coins. According to its website, this voice helps traders “succeed in this meme coin game”.
With other Pepe copycats like Pepe 2.0 and Saudi Pepe seeing huge growth over recent weeks, its no wonder traders are tipping Evil Pepe Coin for success.
yPredict
yPredict is a new all-in-one AI ecosystem that uses predictive models and data insights to help traders make informed decisions. The project is undergoing its presale of its native $YPRED token, currently priced at $0.1.
So far, the presale has raised $3.1 million, with a $6.5 million hard cap. Following the presale, $YPRED will go live on exchanges priced at $0.12 – a 20% increase from its current price.
AI has been a hot topic recently, with OpenAI’s Co-Founder Sam Altman just releasing Worldcoin, which currently has a staggering $24 billion fully-diluted market cap. This illustrates the power of cryptocurrencies harnessing AI and shows the upside potential for yPredict.
The platform will feature AI-powered trading analytics and predictions, a predictive model marketplace, marketing tools, and more.
Overall, yPredict aims to be the go-to platform for everything AI. With 20,000 users already on its waitlist, yPredict looks set to achieve its goal.
Chimpzee
Chimpzee is a meme coin with a twist, as it is tacking part in the fight against climate change and protecting animal, all while providing users with multiple ways to earn rewards.
The project is in its presale, priced at $0.000775. However, users who buy $CHMPZ get a 125% bonus (ending in six days). Following its presale, the Chimpzee listing will start at $0.00185 – a 138% increase from its current price.
Having already raised $990K, $CHMPZ is proving a favorite among meme coin degens.
Chimpzee has already taken charitable action, planting over 21,000 trees in Guatemala and Brazil and donating $15,000 to save elephants. Furthermore, the project has partnered with esteemed charities like The Giving Block, One Tree Planted and Wild.
The Chimpzee platform will feature a Shop-to-Earn merchandise store, a Play-to-Earn game and a Trade-to-Earn NFT marketplace, providing real utility to the $CHMPZ token, all while rewarding users.
XRP
XRP is a payments coin built upon the Ripple blockchain. XRP did not reach its ATH during the last bull market, but its future looks bright going forward.
XRPs lack of bullish price action was because its creator, Ripple Labs, was sued by the SEC for selling unregistered securities. The case has been ongoing since 2020, but in a recent development, Ripple Labs gained a partial victory, with the judge ruling XRP is not a security.
Thanks to the clarification, Coinbase has relisted XRP on its platform, and institutional money may begin to flow to the coin. Currently, XRP is the only cryptocurrency a judge has ruled is not a security.
Furthermore, XRP’s use case spans beyond the average crypto use case – aiming to become the global bridge currency for institutional and bank payments. As such, XRP earned the nickname “the bankers’ coin”.
Chainlink
Chainlink is an oracle provider on the Ethereum blockchain. This means Chainlink provides decentralized feeds for off-chain data onto the Ethereum blockchain. The project has the leading market share for providing oracles and has become a crucial piece of blockchain infrastructure.
This is already accounted for in the Chainlink price. However, its latest development, Cross-Chain Interoperability Protocol (CCIP), may not be.
CCIP is a decentralized inter-blockchain protocol for securely transferring data and tokens cross-chain.
Cryptocurrency has faced concerns that its lack of interoperability between blockchains suppresses the industry’s potential. However, according to Chainlink’s website, CCIP unlocks many new cross-chain use cases such as token transfers, gaming, web3 usernames, DeFi and liquidation protection.
The new update could attract vast amounts of new liquidity to enter Chainlink’s ecosystem from different blockchains. This would inevitably push up the $LINK price.
