After a long period of bear trading, the crypto market is finally catching a break with the new developments.
Solana is leading the surging wave with an 8.5% increase in the past week alone. Also, Bitcoin and XRP both had a 3% rise, whereas Avalanche is holding a steady 5% spike.
The meme coin market is also showing similar changes and all of this pointing towards a potential bull run that will ensue in the following period.
With that being said, investors should hop on the new projects– PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), Base Dawgz ($DAWGZ) and Sponge V2 ($SPONGE).
Their presales are promising impressive post-launch surges and traders should keep an eye on them.
Let’s check out the details below.
Top 4 Cryptos to Buy In July 2024 – Quick Analysis
First, let’s see what these coins are all about.
- PlayDoge ($PLAY) – Aims To Take the Play2Earn Sector With Its New Mobile Game
- Shiba Shootout ($SHIBASHOOT) – The Wild West Themed Meme Coin Offers Engaging Experience and Lucrative Rewards
- Base Dawgz ($DAWGZ) – Capitalizes On The Multi-chain Interoperability And Share2Earn Features
- Sponge V2 ($SPONGE) – New and Upgraded Version Looking To Recreate The Success of its Predecessor
Top 4 Cryptos to Buy In July 2024 – Detailed Analysis
Now that we’ve got a basic understanding, let’s go into details.
PlayDoge ($PLAY) – Aims To Take the Play2Earn Sector With Its New Mobile Game
PlayDoge ($PLAY) presents itself as the biggest contender in the Play2Earn sector with its new mobile game planning to be released post-launch.
The game itself is a modern rendition of the massively popular Tamagotchi Pets. The original sold over 90 million copies worldwide and is a staple in every adult’s childhood. Its widely recognizable appeal is transferred to this new and updated version.
This game engaged players with the challenge of caring for a virtual pet, where neglect could lead to the pet’s demise, requiring users to start over. PlayDoge aims to capture that same engaging spirit in a modern format, using nostalgia as a driving factor.
In this 2D 8-bit world, your digital Doge requires daily care and attention, much like a real dog. You will need to feed, train, and play with your Doge. Additionally, you can guide your pet through various in-app mini-games to earn $PLAY tokens.
The game also features a leaderboard system where players can earn XP by taking care of their Doge and completing mini-games. Top players on the leaderboard will receive bonus $PLAY tokens and special rewards, adding a competitive edge to the experience.
The token allocation is strategically distributed. Out of the total 9.4 billion tokens, 50% is for presale, 6% for staking rewards, 12.5% for project funds, 7.5% for community rewards, 11.5% for liquidity, and 12.5% for marketing.
DISCOVER THE MAGIC OF PLAYDOGE! ADOPT YOUR VIRTUAL DOGE AND START EARNING REWARDS NOW!
Shiba Shootout ($SHIBASHOOT) – The Wild West Themed Meme Coin Offers Engaging Experience and Lucrative Rewards
Shiba Shootout ($SHIBASHOOT) is a new cryptocurrency that launched in April 2024, blending the fun of meme coins with the excitement of play-to-earn (P2E) gaming. Set in a Wild West-themed digital world, Shiba Shootout allows players to participate in gun battles to earn $SHIBASHOOT tokens. This engaging concept has quickly attracted a significant following, raising over $770k in its ongoing presale phase.
One of the standout features of Shiba Shootout is its innovative “Cactus Staking.” Staked $SHIBASHOOT tokens are visually represented by a growing cactus, offering an impressive 1273% APY reward. This creative approach not only makes staking enjoyable but also encourages long-term holding and community involvement.
The project also includes various activities to boost engagement and loyalty. Features like “Campfire Stories” and “Token Governance Roundups” allow users to share stories and participate in decision-making processes. These activities help build a strong community, making the project both lucrative and enjoyable for its members.
Shiba Shootout mobile game named ‘Shiba Sharpshooter’ is already available on Google Play and the Apple App Store, where it has received positive feedback for its simple yet engaging gameplay.
The project’s roadmap is divided into three phases. The first phase focuses on securing listings on major platforms. The second phase enhances community involvement, while the third phase introduces new features and incentives. This strategic approach aims to ensure sustained growth and strong community support.
Shiba Shootout’s tokenomics are designed to support both immediate and long-term growth. Of the total token supply, 35% is allocated for the presale, giving early investors a chance to buy in. Additionally, 20% is dedicated to staking, encouraging long-term holding. Another 20% is set aside for marketing to increase visibility and attract more users. The remaining tokens are distributed as follows: 10% for liquidity, 10% for project funds, and 5% for rewards.
JOIN THE SHIBA SHOOTOUT CRAZE! COMPETE, WIN, AND REAP THE REWARDS IN THIS EXCITING GAME!
Base Dawgz ($DAWGZ) – Capitalizes On The Multi-chain Interoperability And Share2Earn Features
Base Dawgz ($DAWGZ) has seen impressive progress since its ICO launch on May 30th, raising nearly $2.7 million in sales. This early success reflects the strong confidence investors have in the project. With the current price set at $0.00502 per $DAWGZ token, there is clear growth potential, especially as the presale is structured in phases with periodic price increases, making it an attractive opportunity for early investors.
Base Dawgz operates primarily on the Base blockchain but utilizes multi-chain technology to integrate with Ethereum, Solana, Binance Smart Chain, and Avalanche. This integration enhances the project’s functionality and appeal by leveraging the strengths of multiple blockchains.
The Base blockchain provides security, speed, and scalability, ensuring efficient and secure transactions. Ethereum’s ecosystem and smart contract capabilities facilitate complex decentralized applications (dApps) and seamless interoperability with existing services, offering flexibility for innovative features.
Solana contributes high throughput and low transaction costs, handling many transactions per second to minimize delays and expenses.
Binance Smart Chain (BSC) expands the project’s reach through its large blockchain community and compatibility with Ethereum’s ecosystem, enabling easy migration and interaction, access to DeFi protocols, and increased liquidity options.
Avalanche brings scalability and customization with its unique consensus mechanism, offering fast finality and supporting custom blockchains tailored to specific use cases. This flexibility allows Base Dawgz to adapt and scale to meet market demands.
This project also has a “Share-to-Earn” model. According to the project’s whitepaper, community members can earn points by creating and sharing Base Dawgz content on social media. These points can be redeemed for $DAWGZ tokens once the presale concludes.
To participate in the rewards program, users need to click the ‘refer and earn’ button on the homepage and connect their wallets to generate a unique referral link. Referrers will receive 5% of the amount contributed by those they refer.
UNLEASH THE FUN WITH BASE DAWGZ! START COLLECTING AND EARNING TODAY WITH THE ULTIMATE CRYPTO DAWGS!
Sponge V2 ($SPONGE) – New and Upgraded Version Looking To Recreate The Success of its Predecessor
Sponge V2 ($SPONGE) is a revamped version of the original Sponge token, a meme coin that gained considerable popularity in 2023. This new iteration, launched on the Polygon network, aims to leverage lower transaction fees while enhancing the token’s utility and community engagement through play-to-earn (P2E) gaming features and substantial staking rewards.
The original Sponge token saw impressive growth, achieving a 100x increase and reaching a market cap of nearly $100 million at its peak. Building on this foundation, Sponge V2 adopts a more utility-focused approach. The updated tokenomics feature a total supply of 150 billion tokens, allocated for staking rewards, centralized exchange (CEX) liquidity, marketing, and game development. The staking mechanism is particularly enticing, with a significant portion of tokens set aside to reward long-term holders, potentially offering high annual percentage yields (APY).
A key element of Sponge V2’s strategy is the development and launch of a P2E game. This game is expected to drive further engagement and increase demand for the token. The planned game will not only entertain but also offer financial incentives, making it a core part of the ecosystem. Additionally, the project plans to list on major exchanges like Binance and OKX by the end of 2024, which could significantly boost its visibility and market cap.
The team behind Sponge V2, while remaining anonymous, is actively promoting the project and engaging with the community on various social media platforms. Their ongoing involvement helps maintain interest and build a strong, active user base.
GRAB YOUR $SPONGE TOKENS NOW! PROFIT AND HAVE FUN WITH THE INNOVATIVE SPONGE V2 PROJECT!
The Conclusion
With the crypto market finally recovering from the long and tiring bear market investors are eager to find the next big token that will recover their losses.
One of the largest impacts on the market is the meme coins and therefore investors are looking to get in on the action early and capitalize on a good entry point.
New presales PlayDoge ($PLAY), Shiba Shootout ($SHIBASHOOT), Base Dawgz ($DAWGZ) and Sponge V2 ($SPONGE) all have the potential to 100x your investments, so make sure to get them while they’re still affordable!