5 Best Altcoins to Invest In Now July 8 – Hivemapper, Subsquid, BinaryX

Last
week,
the
cryptocurrency
market
saw
a
downturn
with
Bitcoin
dropping
below
the
$60,000
mark
and
Ethereum
also
falling
below
$3,000.
This
trend
impacted
numerous
top
cryptocurrencies
and
intensified
losses
among
altcoins. However,
amidst
this
volatility,
certain
altcoins
have
emerged
as
the


best
altcoins
to
invest
in
today.

However,
discovering
these
tokens
often
requires
diligent
research,
as
investor
attention
tends
to
gravitate
towards
already
surging
assets.
Today’s
article
analyses
the
recent
performance
of
cryptocurrencies
that
have
topped
the
gainers
list
in
the
past
24
hours.
The
goal
is
to
pinpoint
tokens
showing
potential
and
provide
insights
for
investors. 

5
Best
Altcoin
To
Invest
In
Today

Today’s
article
explores
the
performance
of
promising
cryptocurrencies
that
investors
should
consider
adding
to
their
watchlists.
It
highlights


Base
Dawgz,
a
recent
meme
coin
launch
on
the
Base
Network
known
for
its
unique
multichain
functionality,
facilitating
seamless
interoperability
across
different
blockchains.

Meanwhile,
Pepe
Unchained’s
staking
strategy
has
attracted
numerous
investors
seeking
lucrative
opportunities
to
generate
passive
income.
So
far,


Pepe
Unchained

has
raised
over
$2.7
million
in
its
ongoing
presale
in
less
than
25
days,
showcasing
considerable
interest
in
the
project.
Potential
investors
are
urged
to
join
the
project
now
at
a
modest
cost
of
$0.0083253
before
it
increases
tomorrow. 

1.
BinaryX
(BNX)

BinaryX
was
launched
as
a
decentralized
derivative
trading
platform
but
soon
evolved
into
a
GameFi
platform
as
GameFi
and
Metaverse
games
became
popular.
The
team
began
building
decentralized
video
games
with
plans
to
expand
the
project
into
a
self-sufficient
GameFi
platform.
Currently,
BinaryX
has
rolled
out
innovative
IGO
services
that
Web2
developers
can
leverage
to
port
to
Web3.

Meanwhile,
BNX’s
RSI
is
approaching
the
mid-point
range
after
a
substantial
improvement
from
the
underbought
zone.
Also,
the
average
trendline
suggests
that
bullish
convergence
might
be
triggered
this
week.
Although
this
implies
that
the
token
price
movement
might
fluctuate,
however,
if
BNX
maintains
its
bullish
momentum,
it
might
soon
retest
its
upper
resistance
point
of
$0.050. 

Today,
BNX’s
price
stands
at
$1.20,
marking
a
4%
rise
over
the
past
24
hours.
Despite
trading
below
the
200-day
SMA
of
$0.879,
BNX
has
seen
17
green
days
in
the
last
30
days
to
demonstrate
its
resilience.
Its
Relative
strength
index
is
around
the
49
mark,
indicating
that
it
might
trade
sideways. 

How
to
keep
calm
in
crypto?

Play
your
fave
GameFi
game
solo,
not
gang
up!
????#GameFi

#BinaryX

#BNX

pic.twitter.com/rbiGXgUFZr

—
BinaryX
(@binary_x)

July
6,
2024

BNX
boasts
strong
fundamentals
and
enjoys
support
from
a
dedicated
crypto
community,
positioning
it
for
substantial
future
growth.
Should
the
BNX
project
announce
collaborations
with
other
networks,
the
coin’s
price
could
potentially
surpass
$2
by
2024.
However,
if
the
market
experiences
bearish
trends,
the
price
of
BNX
could
fall
to
its
lower
support
level
of
$0.032.

2.
Base
Dawgz
(DAWGZ)

Base
Dawgz

is
the
latest
meme
project
operating
on
the
Base
ecosystem.
It
provides
an
innovative
multichain
solution
that
expands
blockchain
interoperability.
The
platform
has
been
built
to
foster
interoperability
across
several
blockchains,
including
Ethereum,
Binance
Smart
Chain,
Solana,
and
Avalanche. 

The
project
tackles
the
issue
of
blockchain
interoperability
across
multiple
chains
by
leveraging
advanced
technologies
like
Wormhole
and
Portal
Bridge.
It
enables
investors
to
swiftly
claim,
store,
and
trade
multiple
tokens
across
several
blockchain
networks.
This
capability
sets
Base
Dawgz
apart
in
the
crowded
meme
token
market
by
addressing
the
typically
isolated
nature
of
blockchain
ecosystems.

Meanwhile,
the
team
has
announced
the
launch
of
a
“Be
Social
for
Airdrop”
initiative.
This
campaign
is
aimed
at
rewarding
token
holders
for
participating
in
the
project’s
activities
on
social
media.
Participants
are
rewarded
with
free
tokens
for
creating
and
sharing
content
about
the
Base
Dwagz.
This
approach
fosters
community
involvement
and
promotes
organic
growth
in
the
project’s
visibility.

Base
Dawgz

trades
today
at
a
presale
price
of
$0.0581.
The
presale
has
already
generated
almost
$2.4
million,
reflecting
robust
investor
interest
in
the
multichain
solution
the
project
offers.
Moreover,
this
early
success
highlights
a
rising
demand
for
projects
offering
solutions
to
ensure
flexible
and
multiple
cross-chain
functionalities.

Visit
the
Base
Dawgz
Presale

3.
Pepe
Unchained
(PEPU)

Pepe
Unchained’s

developers
leveraged
the
versatility
of
Layer
2
blockchain
technology
and
the
success
of
the
iconic
Pepe
meme
to
launch
an
innovative
project
in
the
meme
coin
market.
Through
this
integration,
Pepe
Unchained
aims
to
offer
a
seamless
trading
experience,
reducing
transaction
costs
and
delays.
This
emphasis
on
efficiency
has
been
well-received
among
crypto
enthusiasts. 

Furthermore,
PEPU
has
been
strategically
built
on
the
Ethereum
blockchain
to
leverage
Layer
2
technology,
enabling
faster
and
more
affordable
transactions.
This
positions
the
token
as
the
first
Pepe-themed
token
to
operate
on
this
blockchain
layer.
Additionally,
the
project
provides
a
staking
feature,
enabling
early
investors
to
earn
a
substantial
APY
of
approximately
735%.

Pepe
Unchained’s
staking
strategy
has
attracted
numerous
investors
seeking
substantial
opportunities
to
generate
passive
income.
Also,
the
project
staking
mechanism
makes
it
stand
out
amid
an
oversaturated
meme
coin
market.
Its
focus
on
minimizing
transaction
costs
and
providing
lucrative
staking
rewards
positions
it
as
a
top
contender
among
cryptocurrencies
in
this
specialized
market
niche.

Pepe
is
hard
at
work!

His
Layer
2
blockchain
is
coming
out
soon.
Stay
tuned
for
the
launch!
????
⚒️

pic.twitter.com/ouHZNluT0n

—
Pepe
Unchained
(@pepe_unchained)

July
5,
2024

So
far,


Pepe
Unchained

has
raised
over
$2.7
million
in
its
ongoing
presale
in
less
than
25
days,
showcasing
considerable
interest
in
the
project.
This
initial
achievement
reflects
robust
investor
confidence
and
suggests
the
potential
for
substantial
returns.
Potential
investors
are
urged
to
join
the
project
now
at
a
modest
cost
of
$0.0083253
before
it
increases
tomorrow. 

Visit
Pepe
Unchained
Presale

4.
Hivemapper
(HONEY)

Last
week,
HONEY
posted
a
substantial
gain
of
over
50%
in
a
single
day
despite
other
cryptocurrencies
suffering
a
significant
downturn.
Although
the
token
has
since
shed
some
of
its
value,
it
still
trades
2%
higher
than
its
value
last
week
to
trade
at
$0.05721.
The
trading
activity
of
the
token
demonstrates
its
potential
for
increase
this
week
amid
the
bearish
sentiment
that
has
plagued
the
crypto
market
since
last
week. 

This
prediction
is
based
on
Hivemapper’s
unique
positioning
among
the
Decentralized
Public
Infrastructure
(DePIN)
sector.
The
project
receives
mapping
data
from
drivers
who
use
Hivemapper
dashcams
in
their
cars.
As
these
users
drive,
they
map
the
roads
and
are
rewarded
with
free
tokens.
The
demand
for
mapping
specific
roads
determines
the
amount
of
tokens
each
user
gets. 

 

Furthermore,
users
and
volunteers
who
verify
the
mapping
data
provided
are
also
rewarded
with
HONEY
tokens.
The
recent
uptick
in
the
token’s
value
is
due
in
part
to
the
recent
increase
in 
Hivemapper’s
mapped
routes.
To
date,
the
platform
has
mapped
almost
13.9
million
different
kilometers.
It
has
also
set
an
ambitious
goal
to
surpass
Google
Maps,
which
boasts
nearly
a
billion
monthly
active
users.

????️Round
5: “Can
You
Guess
the
Place?”
????Last
week’s
answer:
Osaka,
Japan
????Congrats
to

@Ayamkevin1
for
guessing
correctly!

pic.twitter.com/4R5L4IprLb

—
Hivemapper
(@Hivemapper)

July
5,
2024

The
decentralized
mapping
network
shows
signs
that
it
will
maintain
its
impressive
performance
from
the
previous
week.
It
currently
trades
above
the
200-day
Simple
Moving
Average
to
reflect
a
potential
for
long-term
performance.
The
Relative
Strength
hovers
in
the
overbought
region
to
indicate
the
bulls
are
in
charge.
If
the
token
maintains
its
current
bullish
momentum,
it
could
finish
the
week
at
$0.086.

5.
Subsquid
(SQD)

Subsquid
Network
provides
a
decentralized
data
lake
and
query
engine,
granting
developers
efficient
and
permissionless
access
to
data.
With
a
mission
to
foster
a
neutral
and
open
internet
rooted
in
Web3
principles,
the
platform
stands
out
by
utilizing
ZK
proofs
for
enhanced
security.
Its
modular
architecture
is
designed
to
offer
high
scalability
and
convenience,
catering
to
the
evolving
needs
of
developers.

Subsquid
has
been
set
up
as
an
ideal
platform
for
blockchain
indexing,
building
dApp,
and
analytics.
Furthermore,
it
offers
a
decentralized
alternative
to
traditional
centralized
infrastructure
providers,
such
as
major
RPC
and
API
services.
Its
economic
model
is
built
with
the
long-term
goal
of
reducing
data
costs
for
Web3
developers.

Furthermore,
Subsquid
features
several
products,
one
of
them,
the
Subsquid
SDK
streamlines
data
integration.
Guru
Data
Warehouse,
on
the
other
hand,
aggregates
data
streams
for
AI
processors.
These
products
are
aimed
at
offering
decentralized
AI-driven
automation
solutions
for
gaming, 
DeFi,
social
applications,
and
infrastructure
management.

If
you
need
indexing
for
Tron
—
DM/comment
or
drop
a
message
in
SquidDev
to
get
beta
access!

https://t.co/mYBibwljNA

—
Dima
Zhelezov
|
Subsquid.io
(@dizhel)

July
8,
2024

As
of
today,
SQD
is
exchanging
hands
at
$0.1146,
denoting
a
0.72%
increase
in
the
last
24
hours.
Technical
analysis
reveals
that
the
bulls
are
in
charge
and
could
push
the
token
past
its
resistance
level
of
$0.234.
Should
the
token
smash
this
barrier,
it
might
reach
the
$0.463
mark
this
week.  

Learn
More