These Memecoins Might Start a New Rally in the Altcoin Market as Bitcoin Breaks the $60K Resistance Level

After weeks of bearish trading, Bitcoin finally looks like it’s back on its horse.

The bears started with the Japanese market crash on August 5^th, a day called “Black Monday.”

Two weeks later, things finally returned to normal, with most of the top 10 cryptos trading in green. Fear & Greed index is also improving, standing at a neutral 46.

This recovery led traders to believe we might be on the brink of a new altcoin bull run. 

We wanted to get one step ahead, so we researched the market to find projects that could generate substantial returns.

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Let’s take a look at what we found…

Best Altcoins to Hold as Bitcoin Recovers – Quick Overview

Before we take a closer look at these meme coins, let’s take a quick look at their basics:

Best Altcoins to Hold as Bitcoin Recovers – Detailed Analysis 

Now that you have some understanding of what these meme coins have to offer, let’s go over them in more detail.

Pepe Unchained ($PEPU) – Layer-2 Meme Coin

Pepe Unchained ($PEPU) is a new meme coin presale that has created huge hype in less than four weeks since its inception. 

Amid a recovering market, $PEPU is thriving, driven by its vision to create a dedicated layer-2 blockchain specifically for the Pepe community. 

This innovation tackles the ongoing challenges of slow transactions and high gas fees, offering a faster, cheaper, and more efficient experience.

Pepe Unchained is drawing significant attention, with its presale already nearing $9 million. The promise of substantial staking rewards and a revolutionary layer-2 solution has fueled its early success.

Inspired by Base’s success, Pepe Unchained aims to redefine meme coins, moving beyond mere speculation to deliver real value and utility. 

GET PEPE NOW! LAYER-2 PRESALE GEM THAT COULD PUT YOU ON A CRYPTO WHALE MAP

Crypto All-Stars ($STARS) – Unified Meme Staking Platform

Crypto All-Stars ($STARS) is shaking up the meme coin world with its ambitious Meme Vault project. 

This innovative platform aims to become the go-to hub for staking various meme coins, potentially revolutionizing investors’ interactions with these often volatile assets.

The Meme Vault’s premise is straightforward: consolidate staking for popular meme coins into one user-friendly ecosystem.

As more investors stake their coins here, $STARS tokens are expected to surge in value and utility. This clever approach simplifies staking and creates a mutually beneficial relationship between $STARS and other meme coins.

$STARS holders can earn rewards just by holding and gaining access to diverse staking options across the meme coin landscape. With over $500,000 raised in its presale, Crypto All-Stars generates buzz among those who see potential in this unified staking solution. 

By positioning itself as the backbone of the meme coin economy, $STARS is aiming for more than meme status—it’s gunning for a central role in the meme coin ecosystem.

PlayDoge ($PLAY) – P2E Presale End on Aug 26th

PlayDoge ($PLAY) is one of the most successful presales of 2024, raking in $6 million during its presale. It is now entering its final week, set to end on August 26th.

This meme coin breathes new life into the beloved Tamagotchi concept, merging ’90s nostalgia with blockchain tech.

The project’s main draw is a play-to-earn game where users nurture digital puppies. This game echos the classic Tamagotchi experience but with a crypto twist. Players earn $PLAY tokens for their pet care prowess, adding a lucrative edge to the nostalgia trip.

As Dogecoin’s momentum wanes, PlayDoge is stepping up, offering more than just speculative value. 

It’s tapping into millennials’ childhood memories while providing real utility in the meme coin space. 

With its clever mix of retro vibes and modern tech, PlayDoge is poised to shake up the market and potentially set new benchmarks for engagement and utility in the meme coin realm.

Conclusion

As you can see, with Bitcoin’s recovery, all other projects also flourished. 

However, looking for profits in the top 10 list is far from ideal. All of them boast huge market caps and can hardly come close to the ROI potential that $PEPU, $STARS, and $PLAY can offer.

Bigger projects are good for long-term investing (think 2-3 years at least), but if you want quicker gains, these are the projects to look into.

_{Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.}