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Although the crypto markets have been struggling in recent weeks there is always another bull cycle just around the corner.
With the Bitcoin halving approaching next year, many top crypto analysts – and institutional ones – are predicting a major bull run that could see BTC hit new all-time highs and even six figures and beyond.
If Bitcoin is pumping then the rest of the market will follow with the next altcoin season also expected to take place in the coming months.
Some of the top altcoins are currently way below their all-time highs, offering major discounts in price ahead of what could be a resurgent 2024.
Best Crypto To Buy Now For Altcoin Season
Here are three of the best tokens to stack ahead of the next altcoin season.
1. Wall Street Memes – High-Potential and Hyped Meme Coin with $25 Million Raised in its Presale
The $WSM token presale has already raised more than $25 million as investment has flooded into the project due to its huge social media community, robust tokenomics, staking rewards, and experienced team.
The presale is set to close in the next couple of weeks with a listing on Uniswap and tier-1 exchanges expected in late September, with $WSM available for $0.0337 in the final stages.
Wall Street Memes was developed as an offshoot of the popular Wall Street Bets subreddit in 2019 and now boasts more than a million followers across its social media channels.
That following has helped it become one of the best crypto presales of 2023, while its Twitter page has also had multiple interactions with Elon Musk.
As well as its huge meme coin potential, Wall Street Memes also offers generous staking rewards, with a current estimated annualized yield percentage (APY) of 69% and nearly 300 million tokens locked in the staking pool.
Staking not only returns rewards for those who add to the pool but also reduces selling pressure as a whole with holders willing to keep tokens for longer to earn their bonus.
The project, which has a 2 billion max supply, 50% of which were allocated to the presale, has been developed by a team with long experience in the space – notably they sold out a Wall St Bulls NFT collection in just 30 minutes and have not allocated any tokens for themselves.
This makes Wall Street Memes a truly community-driven project, with explosive price-action expected once the project hits exchanges.
2. Dogecoin – Biggest Meme Coin Now 90% Below All-Time High
Dogecoin is one of the most popular and largest coins in the whole space and one that broke into mainstream consciousness during the 2021 bull run.
Helped along by huge media attention and Elon Musk, at its peak DOGE reached a market cap above $25 billion and a price of more than $0.70, amid stories of investors turning thousands into millions.
While its rise and fall happened over only a few weeks, DOGE still remains in the crypto top 10 by market cap – which currently stands at around $9 billion.
It is currently trading at just $0.06, more than 90% below its all-time high, but could be one of the biggest movers during the next altcoin season.
That’s because with DOGE’s huge name recognition and massive community, new crypto investors are likely to want to take a chance on the original meme coin making a similar run to 2021.
Furthermore, there are persistent rumors that Elon Musk, a huge DOGE backer, will add the token as a payment method on the platform.
A new Musk biography even claims he ‘quietly funded’ the project, although he is silent on it at the moment because he is facing a class-action lawsuit alleging market manipulation relating to the token.
With the price currently so cheap many investors may think it is worth investing in a small bag of DOGE.
3. Shiba Inu – Second Largest Meme Coin with Wide Utility
Shiba Inu was created as a ‘DOGE Killer’ and quickly became the second-largest meme coin during the 2021 bull run – a place it has retained despite many other pretenders.
But while Dogecoin has only limited utility, with its use as a currency its only real function, the Shiba Inu developers have continued to add wide-ranging features to the Shiba Inu ecosystem.
SHIB is the main token of the ecosystem but Shiba Inu has also developed BONE – which is used for governance in the community DAO – and LEASH, which provides exclusive perks to a limited number of holders.
Shiba Inu has also created its own decentralized exchange, ShibaSwap, an NFT collection (Shiboshis), a metaverse world where players can buy and build upon virtual land, and its own play-to-earn game Shiba Eternity, which is already on Android and iOS.
Its biggest feature, however, is Shibarium, a highly efficient, secure and scalable layer-2 blockchain that will allow other decentralized app (dApp) developers to build their projects upon it.
SHIB, like DOGE, remains one of the most popular cryptos in the space and has a market cap of around $4.5 billion, with huge name recognition from the last bull run.
It is currently available for around 90% below its all-time high. Given its ever-expanding utility, popularity and cheap price, the next altcoin season could see huge gains for this meme coin.
Summary
Meme coins are often the best performers in a bull cycle as they have mass appeal among retail traders – the above option include two of the most battle-tested meme tokens, DOGE and SHIB, alongside new contender WSM with high upside potential being so early in its roadmap – still undergoing its presale at wallstmemes.com.
