The current cryptocurrency market is set for a new bull run, which has sent the price of many altcoins into the green. One altcoin that has continued to capture investor interest is Ripple (XRP), which has recently survived a two-year-long legal battle with the Securities and Exchange Commission. Along with XRP, there are also some new altcoins that investors should look at, particularly Wall Street Memes ($WSM), yPredict ($YPRED), Launchpad XYZ ($LPX), and Chimpzee (CHMPZ).
Will Ripple Pump Again? Ripple Price Prediction
Ripple’s performance is a reflection of its legal victories, allowing it to touch the $0.9 mark within a day of the court’s verdict. Currently valued at $0.705, the vision for XRP to get to $10 is held by many. However, the market can be full of surprises, and no one can say with certainty the future price of an altcoin.
XRP has experienced quite a bit of volatility last week, reaching a high of $0.87511 on July 13th as well as a low of $0.467858 on July 12th. The main factors responsible for this are the general market sentiment, the launch of a stablecoin pilot on the XRP ledger by Palau, and the legal developments in the SEC vs. Ripple case.
While XRP’s outlook is looking good, there are several other altcoins that have even more profit potential. Let’s check out five of the best altcoins to buy right now.
Wall Street Memes ($WSM): A Meme Coin with a Purpose
Wall Street Memes are the newest meme coin on the block, quickly becoming one of the most anticipated launches. The excitement around this project is massive, and it has attracted the attention of some of the biggest crypto exchanges, including Binance.
The project was created as a meme that makes fun of traditional financial institutions. It is run, funded, and backed by the Wall St Bulls Reddit community, which has 1.1 million members. In other words, it is backed by one of the largest and most active online communities in the crypto market, helping it reach the pinnacle of the meme coin niche.
$WSM tokens are still available in a presale that has already raised more than $16 million in less than a month. The token will soon be listed on major exchanges, including Binance, by the end of this year. So investors shouldn’t waste time and invest in $WSM before the price further increases.
yPredict ($YPRED): The All-in-One AI Ecosystem
At a time when artificial intelligence is at the forefront of many industries, yPredict has emerged as the perfect combination of AI and crypto. It is a revolutionary crypto analytics and trading platform that provides accurate future asset price predictions using artificial intelligence. It aims to provide users with valuable insights that help them make the right trading decisions.
The native token $YPRED powers the entire platform. It is used by users to pay monthly subscriptions and unlock advanced analytics features. The platform is packed with powerful features such as built-in AI trading signals, detailed technical analysis, and token staking that can produce a lot of yields.
The official presale is still going on, so there is enough time for investors to get in early and position themselves for the highest gains. Not only is yPredict a profitable investment to hold, but it is also a great AI tool to improve profits from trading.
Launchpad XYZ ($LPX): Making Web3 Accessible to Everyone
Launchpad XYZ is a newly launched, AI-driven cryptocurrency platform that allows users to get an advantage in crypto markets. It is designed to make Web3 projects more accessible to general investors. By presenting a single dashboard, it allows users to trade cryptos and NFTs, play P2E games, and get notifications about the hottest ICOs, among other things.
One of the best features of this platform is Launchpad Quotient, which analyzes real-time market data to produce easily understandable metrics for investors to get the most out of their holdings. The native token, $LPX, is at the core of the platform and is used to purchase and unlock features. With the token price rising fast, investors should make plans and start investing in $LPX if they want an early advantage.
Chimpzee ($CHMPZ): A Rewarding Eco-Friendly Platform
Chimpzee is one of the most exciting cryptocurrencies that addresses sustainability in a unique crypto-powered way. As an eco-friendly platform, it encourages users to take positive steps to reduce carbon emissions, air pollution, deforestation, and animal extinction.
The project features multiple reward mechanisms, including Play-2-Earn, Trade-2-Earn, and Shop-2-Earn models. All these models provide multiple opportunities for users to earn $CHMPZ tokens for completing various tasks. The entire platform can be accessed through a smartphone app, which also tracks individuals and rewards them with $CHMPZ tokens.
The presale for Chimpzee is still going on, allowing users to grab the tokens at a lower price. With 1,725,017,762 $CHMPZ sold, the token is in high demand by all major exchanges, such as Binance, Uniswap, and others. So investors should hurry up and get their share of $CHMPZ now.
Stellar ($XLM) has been on a run lately, making some serious gains after a previously underwhelming performance. The market sentiment around it looks bullish, coupled with its decent market cap and high volume of liquidity.
Even though it’s trading below its long-term moving averages, a string of partnerships with the likes of Palau, MoneyGram, Coinbase, IOTA, and others could position it for 100x gains.
While XRP is still a good investment for the crypto market, investors should always try to diversify and look at other options that can fetch them higher returns. The above 5 cryptocurrencies demonstrate strong fundamentals and have the ingredients to be the next breakout cryptocurrencies in the near future.