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Top 8 Cryptocurrencies to Buy as Crypto Markets Pull Back

FinCrypt Staff

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Top 8 Cryptocurrencies to Buy as Crypto Markets Pull Back

The crypto market is currently facing some of its worst conditions in 2024. Bitcoin’s (BTC) poor performance continues as it falls below the $65K mark, meaning up to $7,900 in losses since this trend bad started on June 9th. (DOGE), Shiba Inu (SHIB) and Pepe Coin (PEPE) are also feeling the pinch as they have consistently bad days.

However, the great advantage of the crypto market is that even in times of conflict there are opportunities for those who are brave enough to look for them. The pre-sale market is the perfect place for investors to look for value as they do not need to worry about poor conditions as their investments are isolated until the listing begins. They can then decide once it’s released whether they want to sell it or not.

In most pre-sales, if you invest early enough, you will already make a profit. However, we think that the 8 cryptocurrencies we chose for this article will not be coins that any investor will want to part with. The bearish conditions likely won’t last long, and when they stop, these currencies will be ready to move higher.

  • PlayDoge ($PLAY)
  • Selana ($SEAL)
  • WienerAI ($WAI)
  • Dawgz Base ($DAWGZ)
  • Mega Data Token ($DICE)
  • 99Bitcoins Token ($99BTC)
  • eTukTuk ($TUK)
  • Insane bets ($IBET)

Now, let’s analyze each project on its merits and explain why we think every investor should add them to their portfolio.

>>>Find the best presale tokens here<<

PlayDoge- The Doge alternative that 90s kids will love

While the meme coin market may be on a bit of a downward trajectory at the moment, it has still been an incredible year for the sector, with growth never seen before. Something interesting that is happening is that investors seem to be turning to new meme coins more than established ones. The PlayDoge ($PLAY) pre-order would certainly indicate this.

It has raised more than $4.7 million in the three weeks since its launch, and at the same time, some top meme coins like Dogecoin (DOGE) have been losing value. Investors prefer these new-age meme coins, which have more features than older coins. PlayDoge, for example, is a 90s-themed P2E game that will spark a lot of nostalgia among investors.

For those unfamiliar, Tamagotchi was a portable game that was popular in the 90s. PlayDoge is influenced by this, as you will need to take care of your puppy through an app on your phone, just like kids did in the 90s. You will have to feed your puppy when he is hungry, entertain him when he is bored and give him medicine when he is sick. Players can even earn $PLAY by ranking on the global leaderboard.

>>>Buy PlayDoge now<<

Sealana- Less than a week left to get this meme coin at the pre-order price

Of all the coins we analyzed on this list, Sealana ($SEAL) is the most urgent as its pre-sale ends in less than a week. So far it has raised over $5 million and we think it could be the new crown jewel of Solana’s meme coin, so getting it at the low pre-order price is crucial.

Sealana is a seal who still lives at home in her mother’s basement but hopes to get rich trading crypto. However, what we really like is that there is a hidden joke behind the meme. Sealana is actually inspired by a unique character who appears in an episode of South Park called ‘Make Love Not Warcraft’.

In this episode, the main characters are playing the video game World of Warcraft together, but are devastated when a rival player keeps killing their game characters. They complain to the creators that they can’t believe someone can have such a small life and be so good at the game. As Sealana is a sealed version of it, this is a hilarious nod to the negative image that sometimes follows crypto investors.

>>>Buy Sealana now<<

WienerAI – The AI/meme coin combo with an original twist

The WienerAI ($WAI) pre-sale has been one of the best performers on this list, especially in recent weeks. It just reached $6 million raised and a price increase will occur in a few days. The pace of fundraising really picked up as word spread about how this project combines utility and virality in an original way.

WienerAI will follow the tried and tested path of combining its meme coin project with AI. The interesting thing is that AI will help with usefulness and virality. The utility will come from built-in AI trading capabilities which in today’s market are invaluable. AI is also a big feature in WienerAI’s origin story.

This story takes place in the New Silicon Valley, which exists in the future. Here we meet a mad scientist who goes by the name The Architect. As all good mad scientists do, he is planning an elaborate experiment; to combine the two predominant entities of his time, AI and puppies. At the crucial moment, however, he throws a sausage into the mix and we are left with WienerAI. A unique and creative story that investors will love.

>>>Buy WienerAI now<<

Base Dawgz- Get your slice of the action simply by posting on social media

We can’t lie, a big factor that drew us to pre-order Base Dawgz ($DAWGZ) was how cool the pre-order page is. Follow the link below and you can scroll down the site while a cheeky little dog accompanies you after base jumping from the top of the page. Of course, there’s a lot more to attracting investors than that, which is why the pre-sale has already raised over $1.7 million.

Base Dawgz is another new project that follows the trend of being a multi-chain coin. This is a clear sign that the inventors know what they are doing, as Solana’s rise to prominence should, so this market can always change. Its home is on the exciting new Base network, but it will also be available on ETH, SOL, BSC and AVAX.

Perhaps the coolest part (after the base jumping pup) is the share to win feature. If you purchase $DAWGZ tokens during the presale, you will receive a link that you can copy. Simply post this on your social media and you will receive 5% from every referral using your link.

>>>Buy Dawgz Foundation now<<

Mega Dice Token – Crypto casino takeover is beginning

Crypto casinos are one of the fastest growing sectors of the crypto market thanks to the advantages that processing times have over traditional online casinos. Mega Dice Token ($DICE) is a special casino pre-sale that brings with it an established base. The pre-sale has raised over $1.5 million so far.

While most crypto casinos have to go through the process of building a customer base, Mega Dice Token will bring with it 50 thousand players and over 4 thousand games from the best providers. Investors will also be able to earn rewards depending on the casino’s performance. Considering the base already established, this is obvious.

>>>Buy Mega Dice Token<<

99Bitcoins Token – Learning experts are trying to play token

We’re sure many readers will already be familiar with the 99Bitcoins Token ($99BTC), but for those who aren’t, 99Bitcoins is the premium learning resource available for anyone looking to deepen their crypto knowledge. They have over 750,000 subscribers on YouTube and have sold over 2 million courses. Now they are trying the symbolic game.

They saw the success of the play-to-earn industry and combined this with their experience to create a learn-to-earn token. This is a real winner for investors as they can earn crypto while deepening their knowledge. The pre-sale has raised over $2.2 million so far, which makes this coin very underrated in our opinion.

>>>Buy 99Bitcoins token now<<

eTukTuk – Play to earn crypto while helping the environment

Pre-sales of the eTukTuk ($TUK) have raised over $3.5 million so far, but we really think this is a hidden gem due to the huge benefit it can bring to the environment. The aim of the project is to replace high-emission TukTuks in developing countries with electric vehicles, which will provide drivers with a 400% reduction in operating costs compared to using fossil fuel-powered TukTuks.

They have already reached an agreement with Sri Lanka to add more than 200 charging stations and that is also where the P2E game will take place. Investors will be able to earn crypto by driving eTukTuk vehicles and navigating busy streets to successfully deliver passengers to their destination.

>>>Buy eTukTuk now<<

Insanity Betting – The crypto casino that gives investors the chance to win big

We mentioned above how we think the crypto casino industry will start to take over and if that is the case, investors will want to have already purchased Insanity Bets ($IBET), the casino’s main standout feature is how it allows investors get a share of the revenue.

If you stake or burn your tokens, you can receive 35% and 50% respectively of the yield from trading fees, ILP fees, and game winner fees. Then, for the more ambitious, there is the option to mint your own $ILP to receive 90% of all game wins and losses from players’ bets. A great way to earn a lot of cryptocurrencies.

Conclusion

Finally, we want to emphasize why investing in pre-sale tokens is the option when market conditions are bearish. Firstly, you know your investment is protected until the listing begins. Then, even more important is the fact that low prices allow for low risks with great possibilities for upside. The perfect formula.

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We are the editorial team of FinCrypt, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on FinCrypt, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Markets

Crypto Markets Rebound as Spot Bitcoin ETFs Attract Massive Inflows

FinCrypt Staff

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Crypto Markets Rebound Ahead of Early Ethereum ETF Approval

This week saw $722 million worth of Bitcoin spot ETF inflows, including the largest daily inflow in a month.

Cryptocurrency markets rallied on Wednesday, driven by inflows into spot Bitcoin exchange-traded funds (ETFs).

The price of Bitcoin (BTC) is up 3% over the past 24 hours to last change hands at $65,200, according to CoinGecko. Ethereum (ETH) is up 2% and is trading at $3,471. Solana (SUN) and Polkadot (POINT) increased by 4%.

Bitcoin spot ETFs saw $422 million in daily inflows on Tuesday, the highest in the past 30 days, according to Far side data, . The all-time record for a single day was $1.05 billion on March 12.

Among Tuesday’s top contributors, BlackRock’s IBIT led with $260 million in inflows, followed by Fidelity’s FBTC with $61 million. This week has already seen more than $722 million in inflows.

Among the top 100 cryptocurrencies by market cap, Worldcoin (WLD) led with a 28% increase, followed by Helium (HNT) with 20% and Lido DAO (LDO) with 15%.

Worldcoin, a decentralized identity project led by OpenAI CEO Sam Altman, announced is extending the lockups for early investors and team members. This means that tokens will be gradually released through 2029, instead of the original 2027 plan. Token unlocks are generally seen as a negative because they increase supply and early investors can sell their tokens for profit.

Meanwhile, XRP, the token of the XRP Ledger network, jumped 8% after the CME and CF benchmarks introduced new indices and reference rates for XRP.

U.S. stocks faced a downturn on Wednesday. The S&P 500 fell 1%, while the Nasdaq Composite and Dow Jones Industrial Average both fell 2%.

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Altcoins on the cusp of a major breakout – WLD, AR, and INJ prices could surge by 20% in the coming days

FinCrypt Staff

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Altcoins on the cusp of a major breakout – WLD, AR, and INJ prices could surge by 20% in the coming days

Crypto markets appear to have been taken over by the bulls as major tokens have surged above their crucial resistance zone. Bitcoin surged above $65,000 while Ethereum was above $3,500, and XRP, which had remained passive for quite some time, surged over 40% in the past few days to hit $0.6. The uptrend has been captured in most altcoins, with Worldcoin (WLD), Arweave (AR), and Injective (INJ) leading the rally. Here’s what to expect for these tokens in the coming days.

Worldcoin (WLD) Price Analysis

O Worldcoin Price has been trading inside a descending wedge since it marked a new ATH near $12 in the final days of Q1 2024. The recent price action helped the price break out of the upper resistance of the wedge, breaking above the crucial resistance zone between $2.21 and $2.39. Market sentiments have changed, but technicals suggest that the bulls may remain passive for a while, which could offer some room for a bearish pullback.

The price broke out of the wedge with a significant increase in volume, but the current volume suggests that the bulls have taken a step back. Meanwhile, the RSI is about to reach the upper boundary, which could attract bearish forces. Additionally, the DMI has undergone a bullish crossover, but the decline in the ADX suggests that the rally may remain consolidated above the gains. Therefore, the WLD price is expected to maintain a horizontal consolidation between $3 and $3.3 and trigger a fresh rally to $4.4 during the next bullish rally.

Arweave (AR) Price Analysis

Arweave formed a strong base around $25, which helped the rally trigger a recovery during the bearish attack. Mt. Gox and German terror forced the price to fall below $20. However, the recent price action has brought the altcoin within the bullish range and raised expectations of maintaining a decent uptrend for a few more days.

AR price has hit one of the major resistances around $30 to $31.5, which could act as a strong base once overcome. The buying volume is slowly increasing, which could keep the bullish hopes for the rally high. Moreover, the supertrend has just flashed a buy signal, indicating a clean reversal of the trend. Therefore, AR price seems primed to maintain a healthy uptrend and rally above $40. However, if the bulls maintain a similar trend, making new highs above $50 may not be a tedious task for the bulls.

Price Analysis of Injective (INJ)

Injective price has been showing sharp strength since the beginning of the year and hence, the recent turnaround is expected to revive a good uptrend going forward. The bears engulfed the rally to a large extent, but the recent price action suggests that the bulls have regained their dominance. Therefore, INJ price is expected to maintain a strong uptrend with a bearish interference on the way down.

INJ price has surged above the lower support zone and has registered consecutive bullish candles. Although the volume is below the required levels, the OBV is maintaining a sharp uptrend. Furthermore, the Ichimoku cloud lead span B is heading towards the lead span A and a healthy crossover indicates the start of a new uptrend. However, INJ price may be out of the bears’ reach once it secures the resistance zone between $30.77 and $32.12, which seems to be on the horizon.

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Ethereum at $3.5K, Exchange Supply Hits 34-Month High

FinCrypt Staff

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Ethereum at $3.5K, Exchange Supply Hits 34-Month High

Ethereum (ETH) supply on exchanges has hit a 34-month high as the asset’s price surpassed the $3,500 mark.

ETH has risen 2.3% over the past 24 hours and is trading at $3,490 at the time of writing. The second-largest cryptocurrency — with a market cap of $419 billion — briefly touched an intraday high of $3,517 earlier today.

ETH Price, Whale Activity, RSI, and Exchange Supply – July 17 | Source: Santiment

Ethereum’s daily trading volume also increased by 7.6% to reach $19.8 billion.

According to data provided by Santiment, the supply of Ethereum on exchanges has reached $19.52 million ETH. This level was last seen in September 2021, when the asset was trading around the same price.

On the other hand, data from the market intelligence platform shows that the number of whale transactions has fallen by 12% in the last day — falling from 8,730 to 7,629 unique transactions per day.

The move shows that the supply of Ethereum on exchanges has been increasing with small deposits rather than large transactions from whales.

Additionally, the ETH Relative Strength Index (RSI) is currently hovering at the 60-mark, per Santiment. The indicator shows that Ethereum is slightly overbought at this price point, but it may not be in a critical position due to its large market cap.

One of the main drivers of Ethereum price increase is ETH spot expectations ETFs in the US Investment products are scheduled to start trading on July 23rd.

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Bits + Beeps: How to Play the ‘Trump Trade’ in Cryptocurrencies After the Assassination Attempt

FinCrypt Staff

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Bits + Bips: How to Play the ‘Trump Trade’ in Crypto After the Assassination Attempt

Also, how much will the Fed cut rates (and when)? What will be the inflows into ETH ETFs? And what is the near future for Bitcoin?

Posted on July 17, 2024 at 12:00 PM EST.

Listen to the episode at Apple Podcasts, Spotify, Capsules, Source, Podcast Addict, Pocket molds, Amazon Musicor on your favorite podcast platform.

In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger and Joe McCann, joined by guest Jack Platts, dive into the market reaction to the recent assassination attempt on former President Donald Trump, analyzing how this event will influence the 2024 US presidential election and the cryptocurrency markets.

They also cover potential rate cuts: Could there be a cut in July? How big could the September rate cut be? Could the decision be influenced by the upcoming election?

They also give their predictions on what percentage of BTC ETF inflows the ETH ETFs will reach, and James talks about what he expects for Grayscale’s ETHE (hint: his outlook would be positive for ETH).

Finally, they delve into what’s next for Bitcoin as the German government runs out of BTC and Mt. Gox distributions begin. Just now?

Program Highlights:

  • Whether Trump’s shooting decided the election and whether the event caused a “flight to safety”
  • How election markets are becoming a place to watch election probabilities and whether cryptocurrencies “lean right”
  • Whether rate cuts will occur in July or September and by how much they will cut: 25 bps or 50 bps
  • How Joe sees the relationship between global liquidity cycles, rate cuts, and the potential rise of Bitcoin
  • What are the new updates about Ethereum ETFs and their expected launch?
  • Why Solana Hasn’t Performed Significantly Better Since Trump News
  • What Market Breadth Indicates About the Current Market Rally and the Impact of Rates on Small Caps
  • Everyone’s predictions on ETH ETF inflows and how much outflow we’ll see on Grayscale’s ETHE
  • What’s Next for BTC After German Government Exits Bitcoin and Mt. Gox Giveaways Starting This Week

Hosts:

Guest:

  • Jack PlattsCo-Founder and Managing Partner of Hypersphere Ventures

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