Bitcoin, the original cryptocurrency, is experiencing a solid recovery this week, with its price up 10% and approaching the $65K mark.
This sets an exciting outlook for altcoins, many of which could explode as the market leader recovers.
Six cryptocurrencies that could be set to see big gains over the coming weeks and months.
WienerAI
WienerAI is a new meme coin on the Ethereum network that’s holding one of the most talked about ICOs at the moment. But it’s not another cookie-cutter meme coin. It’s the first to develop an AI-powered trading bot.
Before WienerAI, the closest thing was Bonk, which has a trading bot but does not boast AI capabilities. Bonk recently flipped its Solana peer Dogwifhat, and expectations are that its bot played a central role.
WienerAI’s iteration of AI functionality adds an extra facet that could enable even more growth.
Users can perform transactions using the WienerAI bot that are seamless, instantaneous, resistant to MEV, and beginner-friendly.
The best part is that they can communicate with the bot as well. They can pose queries or lay down terms for trade. WienerAI will then crunch data to find the best trading opportunities. It’s like ChatGPT for trading. The project is currently in its presale and has raised $7.4 million so far.
The campaign will end in 15 days, so those wanting to buy $WAI must be fast.
Ethereum
Next on our list is Ethereum. It’s the second-largest cryptocurrency by market cap, so it’s a lower-risk alternative to most altcoins. While this also limits its upside, there are numerous factors that could enable ETH to explode in the coming months.
Most importantly, ETF analyst Eric Balchunas just revealed that Ethereum spot ETFs will launch on 23 July. This means Wall Street investors will be able to accumulate ETFs, injecting colossal liquidity into the asset.
Meanwhile, the Ethereum ecosystem is thriving with a plethora of layer 2 networks gaining adoption in recent months, according to data from L2BEAT.
This has always been the goal of Ethereum’s founder, Vitalik Buterin: Ethereum acts as a finality layer, but most transactions occur on lower-cost layer 2s.
Currently, Ethereum is trading at $3,388.63, up 1.4% today, 10% this week, and down 4% this month. It holds a $407 billion 24-hour trading volume and a $18 billion 24-hour trading volume.
Pepe Unchained
As mentioned, the Ethereum layer 2 scene is on fire – and Pepe Unchained is one of the most promising new flavors. The project is a meme coin-centric layer 2, and this could prove instrumental in its price performance.
This is because the meme coin sector has continually outperformed others amid bullish market conditions.
For instance, the total crypto market cap is up 1.2% today, while the meme coin market cap is up 8%. Pepe Unchained’s layer 2 blockchain promises speeds 100x faster than the Ethereum main network, and it will be much cheaper.
Moreover, massive staking rewards, a block explorer, and an Ethereum bridge add to the project’s excitement.
Underpinned by a meme coin allure, there’s every chance that $PEPU explodes. But adding to this bullish outlook, the project is currently undergoing a presale. It has raised $3.7 million so far, signaling a huge investor appetite.
The current Pepe Unchained presale price is $0.0084598, but this will rise in just over one day.
XRP
XRP has been nothing short of lackluster this year, but that might all be about to change.
The project is displaying relative strength against other leading crypto assets, indicating it could start to outperform as prices rise. Analysts are pointing to technical factors for a bullish outlook on XRP.
Charting Guy highlighted that XRP’s 1-month RSI indicator is about to break out from a 6.5-year downtrend.
According to the analyst, this could begin a pivotal price trajectory for the cross-border payments crypto.
Charting Guy dubbed XRP “one of the biggest opportunities of this cycle.”
Currently, XRP is trading at $0.54, up 1% today, 23% this week, and 9% this month. It holds a $29 billion market cap and a $2.3 billion 24-hour trading volume, up 52% today.
99Bitcoins Token
99Bitcoins token is a new presale cryptocurrency. The token underpins a novel Learn-to-Earn platform, which operates like a Play-to-Earn game, except users are paid to expand their crypto knowledge.
99Bitcoins token was created by the renowned 99Bitcoins media outlet, which launched in 2013 and has one of the strongest audiences among all industry players.
Alongside a massive news site readership, 99Bitcoins has a 700K subscriber YouTube channel and a 2.8 million email subscriber list. That’s a solid starting point for the new $99BTC.
The token will grant access to the Learn-to-Earn platform and provide benefits like a VIP community group, BRC20 tools and education, and staking rewards. Staking is already live and currently provides a 697% APY.
The 99Bitcoins token presale is on the Ethereum network, but the project will also launch under Bitcoin’s BRC20 token standard. This provides exposure to crypto’s two most valuable ecosystems.
Stacks
Stacks is another cryptocurrency that can benefit from Bitcoin’s eye-watering $1.2 trillion of liquidity. The project is the leading Bitcoin layer 2 project, providing a service similar to Pepe Unchained on Ethereum.
However, Stacks’s main selling point is not meme coins but smart contract functionality. The Bitcoin main network does not have smart contract functionality – its main purpose is sending and receiving monetary transfers.
But Stacks unlocks a myriad of new use cases, including launching tokens and applications, while still benefiting from the security and decentralization of the Bitcoin Network. It’s a concept that has ignited massive excitement.
Stacks is one of the largest Bitcoin ecosystem plays, meaning its price often benefits as BTC rises.
STX is currently trading at $1.79, down 4% today, up 28% this week, and down 7% this month. It holds a $2.6 billion market cap and a $167 million 24-hour trading volume, up 28% today.
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