Best Cryptos to Buy Now As Market Rebounds

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The crypto market is recouping its losses after a devastating crash on Monday. Right now, many meme coins are up over 20% in the last day, and there remain a lot of opportunities.

Let’s explore the best cryptos to buy now as the market recovers.

Pepe Unchained

Kicking off our list is the new presale Pepe Unchained. This utility-driven meme coin has caused a stir by sailing through the recent selloff unfazed.

As other cryptos devalued, investors kept pouring funds into the Pepe Unchained presale.

Positioned as the first Pepe-themed Ethereum layer 2 blockchain, Pepe Unchained has a use case unlike any other meme coin. It promises a new low-cost, high-speed home for meme coins.

The blockchain also has features like staking, a dedicated Ethereum bridge, and a block explorer.

One reason for $PEPU’s recent strength is Ethereum Founder Vitalik Buterin’s comment that L2 development is ramping up, and we can expect a more seamless interoperable experience in the future.

I think people will be surprised by how quickly "cross-L2 interoperability problems" stop being problems and we get a smooth user experience across the entire ethereum-verse (incl L1, rollups, validiums, even sidechains). I'm seeing lots of energy and will to make this happen.

— vitalik.eth (@VitalikButerin) August 5, 2024

The Pepe Unchained ICO has raised over $7.4 million so far. Investors can buy $PEPU for $0.0089105, but this price will rise throughout the presale.

Render

In recent months, AI cryptocurrencies have taken a big hit. There are a couple of reasons for this, but it mainly comes down to GPU chip manufacturer Nvidia’s falling stock price after months of continuous gains.

However, the recent crash was a turning point for Nvidia and the AI cryptocurrency sector.

Nvidia is once again racing ahead, and so are AI cryptos.

The top performer is Bittensor, but Render continues to lead Bittensor by market cap.

Render is a GPU network where anyone can provide or buy power for computationally intensive tasks.  It’s a groundbreaking concept that removes the cost barrier for training AI models and other tasks like rendering graphics.

Today, investors can snag Render at a massive discount.

What’s more, it’s one of the best performers on the rebound. 

RNDR is currently trading at $4.73, up 19% today, down 22% this week, and 65% from its March all-time high (ATH).

PlayDoge

PlayDoge is another of the best cryptos to buy now. It is currently undergoing a very successful presale, allowing investors to get in early. This could be a timely buying opportunity, with $PLAY potentially launching on exchanges as crypto’s bullish rally resumes.

PlayDoge is a captivating blend of Play-to-Earn (P2E) token and meme coin. The P2E aspect takes shape as a game inspired by the 1990s blockbuster Tamagotchi.

Like the original game, PlayDoge is a pet companion game where users care for a virtual pet. They’ll receive $PLAY rewards for playing, and these tokens can then be cashed out, staked, or used for in-game purchases.

Users must hold $PLAY to access the P2E game.

Then you have its dogecoin-themed meme coin allure. In addition to its P2E utility, this could present another demand stream that helps bolster its price.

The PlayDoge presale has raised almost $6 million so far, reflecting deep interest from investors.

Dogwifhat

Last on our list is the iconic Solana meme coin Dogwifhat.  Currently leading the way on Solana, Dogwifhat holds much potential, provided the Solana network remains popular.

Dogwifhat has endured big losses from its highs. Nevertheless, it remains Solana’s largest meme coin, signalling a recovery is likely should SOL continue to perform well.

Another bonus is Dogwifhat’s simplicity and memeability. Its cute dog mascot wearing a beanie is eye-catching and unique.

This light-hearted approach is the essence of meme coins, making WIF a fan favourite.

This is also illustrated in its slogan: “I mean bro, it’s literally a dog wif a hat.”

Currently, Dogwifhat is trading at $1.43. It is up 14% today but down 40% this week, down 27% this month, and 70% from its ATH.

Another thing to note is that WIF’s trading volume is extremely high at $980 million, compared to its $1.4 billion market cap. 

This indicates a lot of traders are paying attention, laying the way for future price growth.