The next crypto bull run will very likely be led by altcoins.
Experts believe that the Bitcoin price is nowhere near its cycle top, with some expecting it to reach as high as $150k in early 2025.
However, they do believe that the Bitcoin Dominance is very likely near its top and will start to trend lower in the coming months, paving the way for an altcoin bull run. BTC.D currently stands at 57.3%, the highest it has ever been in 4 years.
5 Best Altcoins To Buy
The Bitcoin Dominance has been trending upwards for the past few years, with BTC outperforming Ethereum and the altcoins. However, this could change in the coming months.
The latest crypto crash has turned out to be a blessing in disguise for sidelined investors. Several high-potential altcoins appear to have tagged their local bottoms and are now gearing up for the next bull run.
Indeed, with the Federal Reserve set to start cutting interest rates in September, the crypto market capital could start rotating to large-cap and mid-cap altcoins. Low-cap gems such as new meme coins also cannot be underestimated.
We list the 5 best altcoins to buy before the start of the next crypto bull run.
XRP (XRP)
XRP is our top pick for the best altcoins to buy before September.
Ripple has scored another major victory against the US Securities and Exchange Commission, with Judge Analisa Torres only levying $125 million in fines for its illegal institutional sales. This is significantly less than the SEC’s ask of $1.9 billion.
More importantly, this could end the years-long Ripple vs SEC lawsuit. The Commission has faced significant criticism from both sides of the aisle for its anti-crypto actions. Former President Donald Trump has even vowed to fire Chairman Gary Gensler if he is re-elected.
Therefore, an appeal from the SEC against Judge Torres’ July 2023 ruling appears unlikely.
With the lawsuit behind it, the XRP price could now push towards its all-time high, which would mean another 6x growth from here.
XRP has already rallied nearly 24% since the remedies ruling and is currently trading at $0.62. A flip of the $0.66 resistance paves the way for $1 in September.
Pepe (PEPE)
Pepe remains one of the most attractive altcoins to buy in preparation for the next bull run.
The investment in the Pepe coin isn’t only about its fundamentals, but also the optimism surrounding Ethereum. Since the launch of spot ETH ETFs, experts believe that the Ethereum price could reach $10,000 during this cycle.
If true, new ETH buyers can see 4x returns on their investment.
Alternatively, they could purchase Pepe, considering that it has been trading as leveraged ETH. Experts believe that the meme coin could reach a $50 billion market capitalization in the coming months, which would mean nearly 16x returns for new buyers.
The Pepe price has declined to $0.0000082 after the latest crypto crash, over 50% below its all-time high. This has presented an excellent opportunity for sidelined investors to buy the dip.
Pepe Unchained (PEPU)
Pepe Unchained is the first new meme coin to feature in our best altcoins list.
The demand for frog-themed meme coins is extremely high, as evident by the meteoric growths in PeiPei, PLONKE and PepeFork. Investors have made millions in profits from buying frog meme coins early and there is no indication that this phenomenon would stop.
Smart money investors believe that Pepe Unchained could be one of the next meme coins to explode. The demand for it is evident in its presale, considering it has already raised an impressive $7.6 million in a few short weeks.
Indeed, PEPU is vying to be the best alternative to Pepe. In a rare move, it will launch a native Layer-2 blockchain to attract retail investments. It tackles the high trading costs on the Ethereum blockchain, while also offering high staking rewards.
Experts believe that Pepe Unchained could see significant adoption after its launch, potentially even offering 100x returns to early buyers.
Floki (FLOKI)
Just as Pepe shows a strong correlation with Ethereum, Floki has emerged as a beta bet on both ETH and BNB.
Indeed, Floki is a multi-chain meme coin, trading as both ERC-20 and BEP-20 tokens. Additionally, it is also a high-utility meme token, with services such as FlokiFi Locker, staking and its play-to-earn Valhalla game separating it from other run-of-the-mill tokens.
Recently, the meme coin has even announced the launch of its own trading bot.
Therefore, it’s no surprise that experts continue to back it as one of the best altcoins to buy before the next bull run.
The meme coin is currently trading at $0.00012, nearly 63% below its all-time high and at an excellent level for sidelined investors to get in.
With some experts backing Floki to reach a market cap of $20 billion this cycle, it could mean nearly 17x returns for the new buyers.
PlayDoge (PLAY)
PlayDoge is our final pick for the best altcoins to invest in before the next bull run.
PlayDoge caught the attention of smart money investors due to its striking similarity to Floki. For instance, it is also a multi-chain meme coin, live on both Ethereum and BNB Smart Chain.
In fact, it also offers multi-chain staking on both chains, at a reward rate much higher than the industry average.
Similarly, PlayDoge is also launching its own play-to-earn game, following in the footsteps of Floki, Notcoin and Hamster Kombat. Its P2E gameplay is already generating quite a buzz, owing to its Tamagotchi-style gameplay and attractive rewards.
Players can complete a series of classic, 2D games – similar to 8-bit side-scrollers – and earn free PLAY tokens.
Unsurprisingly, PlayDoge is seeing substantial interest during its presale due to its similarities with Floki and has raised over $6 million in it. However, unlike Floki, it is a low-cap token, which experts believe could offer up to 100x returns.
