In our world today, new crypto coins, or digital money/currencies as you may choose to call them are being launched more frequently than before.
With each launch comes a virtual coin with unique features often better than the previous ones but still not the best. This makes it difficult to decide on the exact coins to invest in. However, understanding the idea behind each new crypto project and what value it uniquely presents to you are the first questions you must ask yourself before putting your money into the coin. Knowing this will help answer the question of which crypto coins you should invest in amidst a pool of competing cryptocurrencies.
In today’s world, investing in new crypto coins is the talk of town. This stems from having seen the gains reaped by some of those who earlier invested in some cryptocurrencies which later became valuable. But be that as it may, you shouldn’t allow the thrills and hype that come with these new crypto coins and their potential high profits to get to you. Always ensure you conduct thorough research of the market before you buy them. In this article, you will see 5 new crypto coins worth considering for investment.
BTC Bull Token
This new meme coin is a new Ethereum-based created to challenge any elements that would prevent Bitcoin from reaching or attaining a new level of success in the crypto space. The BTC Bull is a native token often called the unstoppable force that will push Bitcoin towards $100k and beyond. Over the years, several new crypto projects have embraced Bitcoins’s tokenomics, while others have adopted its mining approach to gain traction and thrive. On the other hand, BTC Bull is adopting a completely different strategy by linking its internal mechanics to align with the price of Bitcoin as it rises over time.
So the question is why is the BTC Bull Token worth your investment? Although it’s a speculative asset, nevertheless you should consider investing in the BTC Bull Token because you can make a profit from the enormous bull market that is predicted for Bitcoin since October, November, and December are historically bullish periods for Bitcoin. And according to crypto experts, although there could be downturns if the market conditions are bullish enough, Bitcoin may probably reach its all-time high before the end of 2024 which can cause a surge in the price of BTCBull tokens. Furthermore, the BTCBull is trading at $0.000030 in September 2024, however, it’s predicted it will hit between $0.000641 and $0.000645 soon.
Render Token (RNDR)
Another coin worth taking note of for investment purposes is the Render Token. It is exclusive to the Render Network which is a peer-to-peer network that interconnects people who need GPU rendering services with people who have idle GPUs to render. Thus, the RNDR serves as an intermediary through which anyone for example may provide their processing power for 3D rendering projects in return for cryptocurrencies. Looking at the future, the token has a positive outlook as crypto analysts have forecasted that it demand will increase over time.
According to numerous analysts and publications, Render’s great potential means that RNDR is expected to rise steadily by 2030 and reach a peak price of $102. To add, you must consider the risk involved before investing in this token. RNDR token is similar to other crypto assets because of its volatility. Although Render Network’s decentralized approach encourages a transparent and fair platform, you must take into consideration that the crypto market is a turbulent terrain.
PEPE Coin
In just two weeks after its inception, PEPE—which has no fundamentals—was able to break into the top 100 cryptocurrencies by market capitalization and was ranked 70th on the cryptocurrency website Coin market cap at some point in time. At a price of about $0.000000001 when it began trading on April 15, 2023. Since then, the value of one PEPE coin has grown to over $0.000007806 and it keeps rising.
Despite the impressive performance of PEPE Coin in the crypto market, its brief fame and popularity shouldn’t get to you because the hype could fade at any moment as has been seen with some crypto coins. PEPE coin is a relatively new project and still has a lot of development to undergo with little or no pricing history for reference.
PlayDoge (PLAY)
PlayDoge is a project that attempts to provide you with a virtual pet, a 2D Doge, which you must play, teach, and feed to keep happy and healthy. If you do this, you will be able to earn cryptocurrency; if you ignore the pet, on the other hand, you risk having to start over since the pet may get unhappy and depressed, run away, or possibly die. The game was influenced by the popular toy Tamagotchi from the 1990s, which was a big phenomenon some decades ago. If you want to maximize your earnings from the game you should understand how to get PLAY tokens as efficiently as possible.
By incorporating the PLAY token, the game now offers a tangible reward closely related to your capacity to provide your pet with appropriate care. If you pass up the chance to buy PlayDoge early, it could mean missing out on a significant profit opportunity, as PlayDoge has the potential to be one of the most lucrative meme currencies seen in recent years. But, you also consider it a cryptocurrency with a high return and high-risk profile.
Crypto All-Stars
Crypto All-Stars is a standout project that has been seen to have an amazing reward project. Since its launch on 13th August 2024, the coin has been able to amass over $500, 000 worth of investment in contrast to the progress made by other crypto tokens when considering the same time frame with all things being equal. The token has a novel method that makes it possible for investors of meme coins, like Dogecoin, Brett, Bonk, Shiba Inu, Floki Inu, Mog Coin, and many more, to optimize the use of their tokens and passively earn $STARS.
On the other hand, its success has also been greatly enabled by the security architecture around the coin. It has had two security audits since its launch from SolidProof and Coinsult. If you are familiar with how Blockchain works, you may have heard of these two films as they are renowned Blockchain security organizations. The outcome of these highly important audits helped the token gain a lot of prominence in the crypto space. It attracted interest, especially from reputable crypto news sources like CoinPedia, Crypto Daily, and also InsideBitcoins.
Buying new crypto coins is not a guarantee you will make a profit given the unpredictable nature of crypto. However, as with any investment, you must take into consideration your personal goals, investment timeline, and risk tolerance into account before you buy any of the crypto coins mentioned above whether as your investment or crypto capital for a business. Furthermore, you must conduct thorough research to confirm the legitimacy and security of any cryptocurrency project you are considering. When assessing a crypto coin, you should generally take the following into account; Market value, Security, and Liquidity!