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How to Play the Crypto Market Crash: Two Low-Cap Altcoins Set to Soar 2,000% When Bitcoin Rebounds

August 8, 2024
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5 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Base Dawgz 015

Bitcoin crashes, but Base Dawgz and Pepe Unchained emerge as potential low-cap altcoin winners.

Bitcoin has recently experienced one of its most significant price drops since 2022, with its value plummeting over 10% on Monday morning. 

The world's leading cryptocurrency briefly fell below $50,000 (£39,000) for the first time since February before recovering to around $52,000. This sudden decline follows a period of unprecedented highs, with Bitcoin reaching a record-breaking $74,000 in March and maintaining close to that level until last weekend.

The abrupt drop has had a ripple effect across the cryptocurrency market, with other major cryptocurrencies like Ethereum (ETH), Binance Coin (BNB), Cardano (ADA) and Solana (SOL) experiencing even larger losses of around 15% in the last 24 hours. 

As a result, the overall crypto market cap has fallen below $2 trillion, standing at $1.85 trillion, a 13% decrease over the last day. This downturn has led Bitcoin to lose nearly a quarter of its value within a week.

This price crash comes amid a broader financial market downturn, partially triggered by fears of a potential global recession. The sudden collapse took many market analysts by surprise, as there was a general consensus that Bitcoin might reach new all-time highs this year following a successful halving and the influx of billions of dollars in investments from newly approved Bitcoin spot exchange-traded funds (ETFs).

Despite the current bearish trend, some experts believe that this downturn could present an opportunity for investors to identify promising low-cap altcoins poised to gain significantly when the market rebounds. 

Among these potential candidates are Base Dawgz (DAWGZ) and Pepe Unchained (PEPU), both of which are gaining traction for their innovative features and strong community support.

Base Dawgz: Defying the Bearish Trend

While many established meme coins are struggling, Base Dawgz (DAWGZ) is managing to perform well despite the market downturn. The token's presale has recently surpassed the $2.8 million mark and is approaching $3 million. Currently, DAWGZ tokens are priced at $0.007414, with the price set to increase shortly.

The main reason behind the excitement surrounding Base Dawgz is its multi-chain features, which are relatively rare in the crypto market. Additionally, DAWGZ's primary home is on the Base chain, an unusual choice that sets it apart from its peers. 

INVEST IN $DAWGZ EARLY BEFORE IT BECOMES NEXT 100X CRYPTO

Popular crypto analyst ClayBro has discussed Base Dawgz in a YouTube video, positioning it as a potential alternative to more established meme coins like DogWifHat (WIF) and Floki Inu (FLOKI), which have struggled recently.

ClayBro highlighted DAWGZ's staking protocol and Share-to-Earn mechanism, claiming they offer "more rewards than the rest". 

This endorsement has resonated with investors, leading to over 7,800 active members in Base Dawgz's Telegram channel. The token's smart contracts have also been audited by Coinsult, providing investors with confidence in its security.

Despite the broader market struggles, Base Dawgz's multi-chain features, growing community and analyst backing give it a fighting chance to buck the trend. Investors are eager to participate in the presale, hoping to capitalise on the token's potential for growth once the market rebounds.

Pepe Unchained: Shaking Up the Meme Coin Market

Another meme coin generating buzz despite the bearish market is Pepe Unchained (PEPU). The project has raised nearly $7.5 million in its presale, leaving investors wondering if it could explode once it hits the open market later this year.

Pepe Unchained aims to be more than just a meme coin. The developers are building their own Layer-2 blockchain on Ethereum, designed to make transactions faster and cheaper. The goal is to enable near-instant confirmations and reduce fees to a fraction of a cent, compared to the typical $10 Ethereum transaction fee that can take minutes to process.

According to Pepe Unchained's whitepaper, the network will be 100 times quicker than Ethereum. Staking PEPU tokens is expected to yield an annual return of 263%, which is considered above average for token holders. This combination of fast transactions, low fees and attractive staking rewards has garnered significant interest in the project.

The project's Telegram channel now boasts over 4,600 members and PEPU has been ranked second on CoinSniper's list of upcoming crypto launches to watch. Despite the bearish sentiment in the meme coin market, Pepe Unchained is thriving, drawing attention from investors eager to participate in its presale.

Currently, investors can purchase PEPU tokens for $0.0089105 each, with the team accepting ETH, BNB, USDT and credit card payments. However, the price is expected to increase as the presale progresses through different stages. Once the presale concludes, PEPU will be listed on a decentralised exchange (DEX) and the Pepe Unchained Layer-2 network will go live.

Crypto Gems after crypto crash - Base Dawgz & Pepe Unchained

Analyst Endorsements and Community Support

Pepe Unchained's approach has caught the attention of popular analysts and YouTubers in the crypto world. Notable figures like Oscar Ramos and Crypto Gains have praised PEPU's innovative features, while Austin Hilton, a well-respected figure in the crypto community, took to Twitter to call the PEPU presale "huge."

In addition to analyst support, Pepe Unchained taps into the popular Pepe the Frog meme, a strategy that has worked well for other tokens. A recent example is Book of Meme (BOME), which saw an 80% increase in July. PEPU aims to replicate or surpass that price action by offering real utility with its Layer-2 solution.

Pepe Unchained's combination of advanced technology and strong community support positions it as a potential standout in the meme coin space, despite the current market conditions.

BUY $PEPU NOW AT ITS LOWEST PRICE POINT

While the recent crypto market crash has led to significant losses for major cryptocurrencies, it has also highlighted opportunities for investors to explore promising low-cap altcoins like Base Dawgz and Pepe Unchained. These tokens offer unique features and strong community support, positioning them as potential candidates for substantial growth when the market rebounds.

As Bitcoin and other leading cryptocurrencies navigate the current downturn, investors are increasingly turning their attention to innovative projects that offer real utility and the potential for significant returns. Base Dawgz and Pepe Unchained represent two such opportunities, as they continue to gain traction and attract interest from investors eager to capitalise on the next market upswing.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The content on this site is not investment advice. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation, and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Before investing you should conduct your own due diligence or obtain advice where necessary. This website is free for you to use but Clickout Media Ltd may receive a commission from the companies we feature on this site.

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