The altcoin market has finally shown some recovery after consolidating in response to Bitcoin’s April 2024 halving. As a result, many buyers are now looking for the next crypto to explode, especially with the market yet to peak.
Here are six coins that look poised to potentially see significant gains this July and beyond throughout the rest of the year.
WienerAI
WienerAI ($WAI) is one of the best cryptos to buy this year because it blends the power of AI with a trading bot that uses predictive technology to help you find and execute the best trades on the market.
One thing that makes WienerAI even more appealing is that it uses a staking mechanism to encourage long-term holding and discourage early sell-offs. This means that if you get in early, you can take advantage of both the great staking payouts and the possible market gains.
At press time, you can buy $WAI tokens for just $0.000724. Holders who stake $WAI at the time of this writing could earn an APY of over 160%. The platform has already raised nearly $7 million, showing strong investor trust and support.
It’s too early to tell if the token will do better than its competitors, but the fact that it combines AI and trading will get a lot of attention.
Toncoin
A new project called Toncoin is continuing the work on a blockchain that was first created by the people who built the Telegram app. Telegram had to give up on the project because of potential issues with the SEC. However, members of the community saw huge potential in Telegram’s blockchain vision and started working on it again under the name Toncoin.
It’s also worth noting that a recent report from ‘The Block’ highlights how Pantera Capital has started to raise money for a fund that will only invest in Toncoin.
Many investors are now bullish on TON because after rallying above the psychological resistance at $2.5 in March 2024, the coin has been up 200% in the past four months. This bull run set the stage for TON to reach its ATH on 15 June at nearly $8.2.
A close above its immediate resistance level of $8.2 level can further propel TON to new ATHs as it would enter into a price discovery phase.
Pepe Unchained
Pepe Unchained ($PEPU) is next on our list of potential 100x cryptos because it is one of the first meme coins to create its own Ethereum layer-two (L2) network.
The token takes the famous Pepe meme to new levels with a Layer-2 Ethereum blockchain that could foster an entire Pepe ecosystem while offering high staking rewards.
The platform focuses on utility and offers features like lower operating costs and higher efficiency. Because Pepe Unchained is an L2 token, it can process transactions faster and claims to have lower gas fees than the Ethereum network.
Currently, the presale offers 20% of the 8 billion $PEPU cryptos available. At press time, you can grab $PEPU tokens for just $0.0081939 each. The project has raised over $1.8 million in just a few days of launch, and there are no signs that it will stop anytime soon.
It also offers huge staking rewards to early $PEPU holders. At the time of writing, you can stake $PEPU and earn an APY of over 1042%.
Akash Network
At its core, Akash Network (AKT) wants to change the way cloud computing works by using blockchain to build an autonomous, open-source market for cloud services. The AKT crypto coin is likely to be very important in making these decentralized cloud services work and keeping them safe as the ecosystem grows.
After going public on the South Korean market Upbit in April, Akash’s value increased by more than 50% to almost $7. Its market value reached more than $1 billion during this bull run.
Even though it has declined since, we can see that AKT has found strong support at $2.80 and has gained more than 20% in the last week, which suggests that the trend is likely to stay positive.
Akash has also teamed up with Coinbase Prime to provide custodial services for AKT suitable for large institutions. The goal is to get more institutions involved.
LayerZero
LayerZero is essentially a protocol that connects blockchains. It makes it easy for different blockchain networks to talk to each other. As an “omnichain” option, it lets messages travel easily between different chains, making sure that messages are delivered reliably and without problems. The most important thing about the system is that it lets blockchain networks talk to each other directly.
Even though there have been drops recently, LayerZero is still maintaining its uptrend. The price of the ZRO jumped from the $2.5 support level on 29 June and saw an over 50% ROI in just three days. At the time of writing, it traded at nearly $3.8.
Also, LayerZero recently connected to T3id, Trident3’s peer-to-peer digital identity system. This partnership will allow users to identify themselves across the more than 70 blockchains linked by LayerZero’s infrastructure. T3id uses a non-fungible token (NFT), a model that can’t be sold or transferred and is linked to a single wallet.
SingularityNET
SingularityNET is a decentralized store for artificial intelligence (AI) that uses blockchain to give everyone free access to algorithms and apps. The platform’s main goal is to create an artificial general intelligence (AGI) that can do many different things.
SingularityNET is a decentralized store for artificial intelligence (AI) that uses blockchain to give everyone free access to algorithms and apps. The platform’s main goal is to create an artificial general intelligence (AGI) that can do many different things.
The platform’s native AGIX token has been on a consistent uptrend over the past year. After falling from its ATH of $1.46 in March 2024, the token has found strong support at the $0.5 level. At press time, AGIX traded at $0.73, up by nearly 21% in the last two weeks. Any close above the $0.7 resistance can set the foundation for a long-term uptrend for the token.