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Table of Contents
Best Cryptos to Buy As Bitcoin Price Recovers - Top 10 List Best Cryptos To Buy As Bitcoin Price Recovers- Full Reviews Crypto All-Stars- World’s First-Ever Meme Vault Toncoin - The Open Network Pepe Unchained - Pepe’s Own L2 Blockchain Base Dawgz - Dynamic Dog-Themed Meme Coin Ethereum - Second Largest Cryptocurrency By Market Capitalization PlayDoge - Best P2E Doge Companion Game Ripple - Decentralized Payment Network Shiba Shootout - Wild West Crypto’s Frontier Mega Dice Token - The #1 GameFi On SOL The Meme Games - Olympic-Themed Meme Coin Bitcoin Price Overview - August 2024 Will Bitcoin’s Rally Continue in Q4? Historical Patterns and Halving Impact Institutional Investment and ETFs Market Sentiment and Technical Analysis Final WordBitcoin, the world's most popular cryptocurrency, has seen a significant increase in value in recent weeks. This has also increased interest in the cryptocurrency sector, as the crypto market typically follows Bitcoin’s price. And so, with the price of Bitcoin continuing to recover, the cryptocurrency market is bringing new opportunities to benefit from this upward trend.
However, with so many options available, it can be challenging to determine which cryptocurrencies are worth investing in. That's why in this guide, we have highlighted the top 10 best cryptocurrencies to consider as Bitcoin makes its comeback, providing insights and analysis to help guide your investment decisions.
Best Cryptos to Buy As Bitcoin Price Recovers - Top 10 List
Here are the top 10 best cryptocurrencies to buy as Bitcoin price recovers;
Crypto All-Stars - World’s First-Ever Meme Vault
Toncoin - The Open Network
Pepe Unchained - Pepe’s Own L2 Blockchain
Base Dawgz - Dynamic Dog-Themed Meme Coin
Ethereum - Second Largest Cryptocurrency By Market Capitalization
PlayDoge - Best P2E Doge Companion Game
Ripple - Decentralized Payment Network
Shiba Shootout - Wild West Crypto Frontier
Mega Dice Token - #1 GameFi On SOL
The Meme Games - Olympic-Inspired Meme Coin
Best Cryptos To Buy As Bitcoin Price Recovers- Full Reviews
To learn more and make the best investment decision, we have shortly reviewed each cryptocurrency on this list of the best cryptos to buy right now as Bitcoin price recovers.
Crypto All-Stars- World’s First-Ever Meme Vault
One of the cryptocurrencies that have made it to our list is Crypto All-Stars ($STARS), a meme coin that is set to disrupt the entire meme coin space. This meme coin is quickly gaining traction as it is designed to leverage meme culture's power in the crypto space and is the world’s first unified staking.
By introducing the first-ever 'MemeVault' - a staking system that allows users to earn $STARS tokens by vaulting popular meme coins, Crypto All-Stars is about to shake up the meme currency sector. So far, this project has been named one of the single greatest meme coin projects ever conceived by some crypto enthusiasts as this meme coin brings together every top meme coin in the world, including PEPE, Dogecoin, Floki, Mog, Milady, Brett, Turbo, and MORE – all under one roof.
On this platform, the 'MemeVault' will be the mechanism via which meme coin holders can stake their holdings, including Dogecoin, Shiba Inu, Pepe, Floki Inu, Milady, Bonk, and many others. The staking rewards will then be distributed in $STARS tokens. And, to increase your reward-earning potential, hold your $STARS token and directly stake your $STARS on the Crypto All-Stars staking mechanism to earn an APY of around 2000%. All of this has convinced analysts that Crypto All Stars has a 10X potential once the coin goes live.
Currently, $STARS is available to buy on presale for just $0.0014022 per token. Moreover, in just a few weeks since the presale launched, Crypto All-Stars has raised over $718K, indicating investors' strong interest in this meme coin.
The presale is live right now, so investors interested in this meme coin still have a chance of investing in it before the innovative MemeVault platform is open to the world. For more information, review the Crypto All-Stars whitepaper and visit the official presale page below.
Toncoin - The Open Network
Next on our list is Toncoin, the native token of the Telegram Open Network. This token, which essentially focuses on scalability and mass adoption within the Telegram user base, benefits from its integration within the Telegram ecosystem. This gives direct access to millions of prospective users, and the network's emphasis on high transaction speeds and cheap fees makes it an appealing option for both developers and consumers.
Basically, Toncoin's key feature is its integration with Telegram, which allows users to manage their Toncoin wallet straight from the Telegram app. The TON Foundation aims to attract 30% of Telegram’s 900 million monthly active users by 2028, which could significantly boost Toncoin’s visibility and adoption.
With a current market capitalization of $14 billion and ranking as the 9th largest crypto asset, Toncoin’s association with Telegram provides substantial growth potential, especially if further integration into the app occurs. In terms of price action, despite losing 17% over the past 24 hours, TON has a YTD of nearly 160%; however, it is still trading below its all-time high of $8.24 recorded on July 2024.
Furthermore, Toncoin has recently announced through their X platform that the TON/USDT rewards program has been extended until the end of 2024. This rewards program has been continued with approximately 5M $TON (over $32M) allocated to further boost liquidity pools through the end of the year. As a result, over the past 30 days, Toncoin’s trading volume surged by 65%, reaching $1B, with daily peaks around $100M. This substantial activity ensures a solid base of rewards.
All in all, Toncoin is certainly among the best cryptos to buy right now as Bitcoin price recovers.
Pepe Unchained - Pepe’s Own L2 Blockchain
Next on our list of the best cryptocurrencies to buy as Bitcoin recovers is Pepe Unchained, a popular meme coin inspired by the "Pepe the Frog" character, integrating a play-to-earn mechanism. Essentially, Pepe Unchained merges the power of meme culture with blockchain gaming. The play-to-earn model appeals to a wide audience, and the coin's branding has made it highly recognizable in the space. And as the meme coin market continues to grow, Pepe Unchained is well-positioned to benefit from this trend.
One of the features that distinguishes Pepe Unchained from other meme coins is its novel approach to blockchain technology. Pepe Unchained operates on its own Layer 2 blockchain, the Pepe Chain, which promises unmatched speed and low transaction fees. For instance, according to the project's whitepaper, Pepe Chain offers transactions that are 100 times faster than Ethereum, along with instant bridging between Ethereum and Pepe Chain. This makes it an attractive option for meme coin enthusiasts looking for efficiency and scalability.
Holders of the $PEPU token have even more reason to be excited as the Pepe Unchained ecosystem includes a staking protocol that allows users to lock up their tokens in exchange for high annual yields. This staking protocol is already live, with over 824 million $PEPU tokens locked up so far—a clear sign of investor confidence in the project.
So far, Pepe Unchained’s presale has been a resounding success, as the team has now raised over $10.3 million. One $PEPU is currently trading for $0.0092734, which is likely to be a discount price compared to its eventual DEX listing price, making now an opportune time for investors to get involved.
In short, with its dedicated Layer 2 blockchain, promising play-to-earn model, and successful presale, Pepe Unchained is a project that cryptocurrency enthusiasts should watch closely. And as the meme coin market continues to heat up, Pepe Unchained could emerge as one of the standout projects in the space. For those interested, the best way to stay updated is to follow the Pepe Unchained X account and visit the presale official page.
Base Dawgz - Dynamic Dog-Themed Meme Coin
Next on our list is Base Dawgz, another popular meme coin centered around community-driven projects and decentralization within the BASE ecosystem. Base Dawgz stands out in the meme coin market with its focus on true decentralization and community involvement. The project has been gaining attention due to its active development and strong community support, and investors looking for a meme coin with a purpose might find Base Dawgz to be an intriguing option to invest in.
The key feature of this platform is that despite being native to the Base blockchain, $DAWGZ employs Wormhole and Portal Bridge to transfer effortlessly between blockchains, exposing the token to strong meme currency communities on blockchains such as Solana, Ethereum, Avalanche, and Binance Smart Chain. This makes this token among the most interesting crypto projects to invest in right now.
Practically, Base Dawgz will reward active community members who connect their X account and regularly share memes and stuff related to $DAWGZ to raise awareness of the cryptocurrency. Base Dawgz aims to reward investors for their creativity and social engagement, so every piece of content about $DAWGZ earns you points, and when the presale is complete, you can redeem these points for the $DAWGZ token.
All of the above has led analysts to maintain a positive outlook for the Base Dawgz token, with some believing it has a 36x potential return.
Also, the $DAGWZ presale has so far raised over $3 million, with one $DAGWZ is presently trading for just $0.008173.
Those interested in this cryptocurrency can read the Base Dawgz whitepaper for more information and follow Base Dawgz on X.
Ethereum - Second Largest Cryptocurrency By Market Capitalization
Next is Ethereum, the second-largest cryptocurrency in terms of market capitalization and the most well-known altcoin. At basic, Ethereum is a decentralized platform where developers can create and deploy smart contracts and decentralized apps (DApps). Its native coin, Ether, is used to pay for network transaction fees and computational services. Above all, Ethereum is well-known for its smart contract capability and the continuing shift to the proof-of-stake paradigm.
And, as we speak, Ethereum continues to be a cornerstone of the cryptocurrency world, especially due to the ongoing upgrades to Ethereum 2.0 that aims to address scalability and energy efficiency, potentially driving further adoption and price increase. As the backbone of decentralized finance (DeFi) and non-fungible tokens (NFTs), Ethereum’s influence on the market is undeniable. Therefore, it is more than likely that Ethereum is a but as Bitcoin price recovers.
As seen in the chart above, Ethereum is currently trading for $2759.3 per ETH/USD, with a return of 6.37% in the last week, nearly %23 YTD, and over 70%YoY. Overall, Ethereum is a strong buy at any time when the crypto market is in a bullish momentum.
PlayDoge - Best P2E Doge Companion Game
PlayDoge is an emerging meme cryptocurrency that uniquely blends the nostalgic charm of 90s Tamagotchi-style virtual pet games with the dynamic world of blockchain and gaming.
Built on the Binance Smart Chain (BSC), PlayDoge has quickly established as a top project within the gaming sector of the crypto market by fostering partnerships with various gaming platforms and developers. This community-driven approach not only enhances its appeal but also positions PlayDoge as one of the best cryptos to buy right now as Bitcoin recovers.
At the heart of PlayDoge's ecosystem is its play-to-earn (P2E) mobile game, where players adopt virtual Doge pets and engage in activities such as feeding, caring for, and entertaining their pets. But its economy is what makes this platform so unique - Players receive $PLAY tokens by completing these chores and competing in mini-games. The game also has a competitive leaderboard, which rewards top performers with bonus tokens, encouraging active participation.
Currently, PlayDoge is at its presale phase, getting significant attention, and successfully raising over $6.2 million within just a few weeks, a notable achievement for a newcomer in the crypto landscape. The presale offers 50% of the total supply of 9.4 billion tokens across 40 rounds, aiming to raise a total of $24.4 million to ensure all early adopters get a share of this token.
So far, investors have shown strong interest in this crypto, and the token price has appreciated by approximately 17.6% from its initial price of $0.00451 to $0.00531. Additionally, PlayDoge offers an attractive annual staking yield of 70%, further enticing potential investors. Not surprisingly, many crypto experts have high expectations for PlayDoge:
Take note that PlayDoge recently announced on its X account that the project’s highly anticipated presale ends on Monday, August 26th at 10 am UTC. For more information and to buy PlayDoge tokens, visit the official PlayDoge website below.
Ripple - Decentralized Payment Network
Ripple is among the most promising crypto platforms with its innovative application for bank payments. Being a leader in cross-border payments, Ripple has maintained its position as a key player in the cryptocurrency market, particularly in the realm of cross-border payments. The SEC lawsuit has also created volatility; however, with the news that the Ripple-SEC lawsuit could potentially be over soon, XRP might get a boost. Recently, it was announced that Ripple was ordered to pay $125M to the SEC. According to analysts, this can be the end of the SEC lawsuit and XRP has already gained over 50% since the announcement.
Ripple is currently trading for $0.60901 per XRP/USD, a notable increase from its trading price of $0.4 before the announcement. One thing is sure - if the SEC lawsuit is indeed over, it is more than likely to see the Ripple platform getting more partnerships and new deals, and as such, the XRP might be set for a bullish run, especially as Bitcoin price recovers.
Shiba Shootout - Wild West Crypto’s Frontier
Shiba Shootout is a Shiba Inu-themed token that pits the legendary doge icon in play-to-earn (P2E) wild western combat. This platform, which has gained huge popularity lately, essentially blends meme coins' appeal with gaming's interactive nature.
As the popularity of the GameFi trend rises, Shiba Shootout is well-positioned to capitalize on this trend, making it one of the best cryptocurrencies to buy right now as Bitcoin price recovers. The $SHIBASHOOT token, an ERC-20 asset, drives numerous ecosystem activities for users. These include posse referral rewards, Campfire Stories community participation, and Lucky Lasso Lotteries gamified airdrops.
The token is currently in presale, offering investors the opportunity to invest in the projects at a discounted price. The presale has raised over $1 million, and one $SHIBASHOOT is currently trading for $0.02 per token. Since Shiba Shootout has already achieved its goals, the price predictions for this token are extremely positive.
For more information, read the Shiba Shootout’s white paper and visit the Shiba Shootout presale page below.
Mega Dice Token - The #1 GameFi On SOL
Next on our list is Mega Dice Token, which is an already rapidly growing global crypto casino brand with over 50K players. Its native token, the Mega Dice Token, offers investors exposure to the online gambling industry through a decentralized platform. By using blockchain technology to improve transparency, Mega Dice has made headlines in the crypto industry.
And, as decentralized gambling becomes more popular, the Mega Dice project is gaining momentum, particularly in regions where traditional online gambling is restricted. The token’s use case and market positioning make it an attractive option for those looking to diversify their crypto portfolio.
The native token, $DICE, is now in presale, with early investors receiving 35% of the 420 million token supply. $DICE can be redeemed on the Mega Dice casino and sports betting platform for exclusive incentives and gaming access. It provides substantial rewards when staked over time and can be used to purchase limited-edition NFTs. Moreover, an airdrop campaign and referral scheme provide further incentives for investors.
The presale price started at $0.069 per token, and $DICE is currently trading at $0.110529 per token, a price increase of around 83%. What’s more, the presale has currently raised over $1.75 million, presenting huge interest from investors to join the GameFi trend.
For more details, investors interested in this crypto can review the Mega Dice whitepaper or join their X and Telegram channels.
The Meme Games - Olympic-Themed Meme Coin
Next on our list is The Meme Games, a new platform that combines meme culture with competitive gaming, offering rewards to participants. The Meme Games taps into the growing trend of combining meme culture with interactive gaming experiences. On this platform, players can compete in various games, earning rewards in the form of tokens. This blend of entertainment and financial incentives has made The Meme Games a rapidly growing project in the meme coin space, with significant potential for future growth.
By investing in its native token, $MGMES, you can select your favorite meme athlete and watch them compete for gold. One $MGMES coin is now trading at $0.0093, with some predicting it has a 100x potential.
It’s crucial to know that this meme coin is launching on DEX on September 10, 2024, and $MGMES offers a 25% bonus for early buyers, making it an enticing investment opportunity.
The presale has already raised $393K out of its $1.1 million target, reflecting investors’ strong interest and trust in the project. For more details about the token and the project, visit the presale page below.
Bitcoin Price Overview - August 2024
Bitcoin’s price has shown a remarkable recovery in late 2023 and 2024, driven by several key factors, including macroeconomic trends, institutional adoption, and developments within the crypto industry. As of writing, it has a YTD of nearly 52% and an annual return of around 145%.
But it was not all smooth sailing for Bitcoin this year. After climbing from $35K at the beginning of the year to above $73K, BTC fell to $48K in the early days of August.
Now, as of late August 2024, Bitcoin has rebounded from its lows earlier in the year, with a strong upward momentum that has reignited investor confidence. Bitcoin is currently trading at $64196 per BTC/USD, an increase of 33% from the lowest level just 20 days ago.
All in all, BTC's bullish momentum appears to be strong at the moment, fueled by the upcoming elections in the United States, the launch of new ETFs, and the massive liquidations in short positions. If the trend continues, Bitcoin is set to test key levels of $67K, $71K, and its yearly high of $73K.
Will Bitcoin’s Rally Continue in Q4?
As we move into the final quarter of 2024, several factors could influence whether Bitcoin's rally will continue. Market sentiment remains bullish, supported by ongoing institutional interest, the upcoming US elections, and potential regulatory clarity.
However, challenges such as inflation concerns and global economic conditions could also impact the pace of Bitcoin's growth. As it seems, Bitcoin’s volatility continues to be the main obstacle to be a global currency.
So overall, Bitcoin's performance in Q4 2024 is a subject of significant debate among analysts, but several factors suggest that the cryptocurrency may experience a strong rally during this period.
Historical Patterns and Halving Impact
Historically, Bitcoin has always seen a price increase following halving events, which cut the reward for mining new blocks and hence reduce the number of new Bitcoins entering the market, causing scarcity. The most recent halving that occurred on April 19, 2024, has set the stage for this potential rally, as previous halvings have been followed by substantial price increases within 12 to 18 months. Consequently, many analysts believe that Bitcoin could reach new all-time highs in the coming quarters, possibly even hitting $100,000 or higher by late 2025.
Institutional Investment and ETFs
Another key driver is the growing institutional investment in Bitcoin, particularly through ETFs. The rapid growth of Bitcoin ETFs, such as BlackRock's iShares Bitcoin Trust, has added significant buying pressure, which could continue to propel prices upwards.
Some experts have predicted that Bitcoin ETFs could surpass gold ETFs in assets under management within a few years, further boosting Bitcoin's price.
Market Sentiment and Technical Analysis
Despite some short-term volatility and consolidation phases, the overall market sentiment remains bullish. Analysts are closely watching key resistance levels, particularly the $64,000-$65,000 range, which, if broken, could lead to a new rally. Some forecasts even suggest that Bitcoin could reach $95,000 to $143,000 in Q4, making it one of the most significant bull runs in recent history.
However, it is vital to understand that Bitcoin price changes are extremely volatile and impacted by a variety of macroeconomic factors. While the outlook for Q4 2024 is optimistic, there is always a level of uncertainty in the cryptocurrency market, and investors should remain cautious and stay informed about ongoing market developments.
Final Word
In sum, the recovery of Bitcoin's price is setting the stage for broader market opportunities. As we approach the end of 2024, these 10 cryptocurrencies mentioned above represent some of the best options for those looking to capitalize on the current market conditions.
Each of these tokens offers different unique value propositions and the potential for significant returns, making these coins the best cryptocurrencies to buy right now as Bitcoin recovers. They are also worthy of consideration for investors looking to diversify their portfolios. Along with reputable coins such as Ethereum, Ripple, and Toncoin, investors should consider high-potential projects such as Crypto All Stars, PlayDoge, Pepe Unchained, and Base Dawgz.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
