Major cryptocurrencies continue to see a market-wide decline as global economic conditions remain unfavourable. Bitcoin slid below the $27k level after correcting over 3% in the last 24 hours. Ethereum mirrored Bitcoin’s decline as well as the prices dropped 3% over the last day to trade at $1.8k.
Investors are concerned that due to their large market capitalization, BTC and ETH are strongly correlated to the broader securities market. Therefore, these tokens underperform during periods of economic uncertainty. As a result, investors are looking for alternate altcoins that can outperform the bear market due to their uniqueness and high utility.
Let’s take a look at 5 bullish altcoins that investors are backing to outperform many established cryptocurrencies.
AiDoge ($AI) - AI-Powered Meme Coin That’s Raised Over $13 M
AiDoge is a cutting-edge meme-generation platform that utilizes artificial intelligence to generate high-quality and relevant memes. Users need to purchase and stake the $AI token to build credits, which can later be used to generate memes.
$AI is receiving enormous interest in its presale as the token has already raised over $13million. With multiple stages of the presale left, the token will easily reach its goal of $13. 2 million.
The meme coin is currently priced at $0.0000328 and will surge to $0.0000336 at launch. Aside from being the native token of the AiDoge platform, $AI offers exciting rewards to holders through staking or voting on AiDoge.
$AI is separating itself from other meme coins through the AiDoge platform’s real-world utility. The project recognises the importance of memes as a method of modern communication and their role in reaching key demographics such as young crypto traders.
The platform uses next-gen artificial intelligence algorithms that are trained on thousands of memes and crypto news. This ensures that other crypto projects can bank on AiDoge to generate up-to-date and engaging memes.
AiDoge.com has taken strong steps to ensure that users can trust the $AI token for their investments. For example, the token smart contract will be audited by CertiK to evaluate the token’s security standards. Furthermore, 25% of the total $AI supply will be vested with the company for a period of 10 years to highlight the project’s commitment to long-term excellence.
The project has also announced a 50 billion token airdrop to boost its user adoption. Presale $AI buyers receive a unique and shareable referral link. Depending upon the amount of money raised through the link, they are eligible for a share of the 50 billion tokens available.
Users can purchase $AI tokens by connecting their crypto wallets to the AiDoge platform and swapping ETH or BNB in return for $AI.
YPredict ($YPRED) - New AI-Powered Trading Ecosystem, Native Token Now on Presale
YPredict is a revolutionary trading and market insights platform that gives an unbeatable edge to market participants in the fields of trading, finance, healthcare, etc. Similar to AiDoge, yPredict is getting the backing of several investors due to its excellent real-world utility.
$YPRED, the native token of the yPredict platform, is seeing a surge of interest in its presale. The token has already raised over $1.6 Million and is set to cross its goal of $2.9 million. $YPRED is currently trading at $0.09 and will list on exchanges at the price of $0.12. With a limited 100 million supply, this Polygon-based token is in heavy demand as it already has over 20,000 users on the waiting list.
YPredict is an all-in-one AI ecosystem for developers, traders, quants and analysts. It provides a variety of AI-powered tools for traders at all experience levels. For example, yPredict Predictions is a free-of-cost platform that provides price predictions for thousands of crypto assets and securities. Similarly, yPredict Analytics provides high-quality market insights using pattern recognition, transaction analysis and sentiment analysis.
YPredict Marketplace is the flagship product of the company that connects traders with ML/AI experts. The experts publish vetted prediction data models that traders can subscribe to as signals. They can use these signals to make real-time informed decisions. Finally, yPredict Terminal is a sophisticated engine that helps traders execute instantaneous traders.
The $YPRED token offers excellent profitability to traders. For example, holders can earn up to 40% quarterly APY by staking $YPRED tokens. Furthermore, they are also eligible for excellent discounts and lifetime access to the Predictions platform.
Users can connect their crypto wallets and swap ETH or MATIC to receive $YPRED tokens.
Ecoterra ($ECOTERRA) - Eco-Friendly Recycle2Earn Token That’s Raised $4 Million
Ecoterra is another new blockchain platform that incentivizes individuals and corporations to play their part in combating climate change. Ecoterra may be a crucial project for the crypto industry as it is changing the mainstream narrative about crypto being environmentally hazardous.
Through its all-in-one Recycle2Earn platform, users and corporations can earn profits while also tackling the climate crisis. For example, individuals can recycle waste products through the recycle2earn application and receive an equitable amount of $ECOTERRA tokens.
Similarly, both individuals and corporations can use the Carbon Offset Marketplace to purchase carbon offsets and measure their impact in neutralising emissions. Finally, corporations can purchase recycled products through the Recycled Products Marketplace at cheaper costs and reduce wastage.
The Impact Trackable Profile allows users to track their contribution to combating climate change and building social credit. Various companies from the field of tech, consumer goods, apparel and hospitality can build a good reputation through their Ecoterra profile.
The Ecoterra token is receiving significant backing from investors as it has already raised over $4.2 million and is set to breach its target of $4.77 million. $ECOTERRA is trading at $0.0085 and will launch on exchanges at the rate of $0.01. Users can earn the token by swapping ETH or purchasing through bank cards.
DeeLance ($DLANCE) - Revolutionary Blockchain-based Freelancing & Recruitment Platform
$DLANCE is another token that is set to outperform Bitcoin and Ethereum due to its excellent utility. DeeLance is a revolutionary platform that is utilising blockchain technology to disrupt the freelancing and recruitment industry.
The use of blockchain and crypto could potentially the platform to outperform other competitors in the industry such as Upwork, Freelancer and Fiverr.
For example, DeeLance charges a minimal 2% client fee and a 10% freelancer fee. This is a significant improvement over the industry standard 3% client fee and up to 20% freelancer fees. The use of crypto payment methods means that users can withdraw their amounts instantly without worrying about any minimum payout amount.
Furthermore, the platform has employed efficient escrow mechanisms and a scalable dispute resolution system to ensure a hassle-free and seamless experience for users.
$DLANCE has already raised $1 million and is well on its way to reaching its goal of $1.2 million. The token is currently trading at $0.033 and will surge to $0.057 on the listing.
$DLANCE tokens also enable users to access metaverse products and services. For example, users purchase offices and lands in the metaverse and can also access the NFT marketplace.
Traders can earn $DLANCE on the DeeLance platform by swapping ETH or USDT or by purchasing the token through credit cards.
Launchpad XYZ ($LPX) - New Web3 Investment Platform With Over $500k Raised
Launchpad XYZ is an all-in-one platform that acts as a portal to the crypto ecosystem. Beginner users can access insights and learnings while pro traders can utilize trading engines, strategies and Analytics. The project claims that its platform will help users find the next Pepecoin before it becomes a global phenomenon.
The Launchpad Terminal platform is a blazing-fast trading engine that helps traders execute trades in optimal time. Similarly, the Trading Edge platform allows investors to access sentiment analysis, the latest news and real-time market insights.
It also reveals the trade setups of experienced traders, which can be an excellent learning opportunity for beginners. Finally, the Launchpad DEX allows users to work with top liquidity providers and complete their trades without leaving the platform.
$LPX, the native token of Launchpad, has raised $586k in its presale and is on its way to hitting its goal of $1.5 million. The token is currently priced at $0.0445, with a listing price of $0.0565.
Users can purchase $LPX by visiting the Launchpad.XYZ website and receiving the tokens through ETH, USDT or bank cards.
DISCLAIMER: This is not to be taken as investment advice. Crypto is a volatile asset, do your own research before investing and only invest money you can afford to lose. We may receive commission for clicking links in this article.
View source version on newsdirect.com: https://newsdirect.com/news/5-new-altcoins-to-buy-now-as-bitcoin-and-ethereum-prices-dip-472466778