The crypto market’s latest dip has left many investors searching for the next big opportunity.
While Bitcoin usually steals the spotlight, smart traders know that altcoins can often offer better returns during bull runs.
In this article, we’ll explore five promising altcoins that could be worth scooping up during this market downturn.
1. WienerAI (WAI)
First on our list of potential dip-buying opportunities is WienerAI (WAI).
This part-dog, part-AI is currently in its presale phase and has raised over $7.2 million so far.
What sets WienerAI apart from its peers is the team’s plans to develop an AI-powered trading bot.
This bot will provide fee-free buying recommendations and protection from front-running MEV bots.
There’s also a built-in staking protocol for WAI – WienerAI’s native token.
Right now, presale investors can get yields of 157% per year, with over 6.5 billion WAI tokens staked already.
And with a SolidProof audit also completed, the team is showing a real commitment to security.
While it’s still early days, WienerAI’s combo of humor, AI utility, and community focus could make it an exciting opportunity during the market dip.
2. Conflux (CFX)
Conflux (CFX) is a layer-1 blockchain shaking up the DeFi space.
With its Tree-Graph consensus algorithm, Conflux is tackling the “blockchain trilemma” head-on.
The blockchain also stands out with its impressive 3000-6000 transactions per second – far higher than Ethereum can offer.
But it’s not just about speed.
Conflux’s regulatory compliance in China gives it a unique advantage in one of the world’s largest markets.
Right now, Conflux’s native CFX token is trading around the $0.134 level, which is an 18% dip in the past week.
However, given Conflux’s technical benefits, CFX could be a smart pick for investors who believe it’s trading at a discount.
3. PlayDoge (PLAY)
Next on our radar is PlayDoge (PLAY), a newcomer making moves in the Play-to-Earn space.
This project is tapping into nostalgia with a retro-style game similar to those Tamagotchis of the 1990s.
But there’s a crypto twist.
The game allows players to care for a virtual Doge pet, earning PLAY tokens for their efforts.
There’s also scope to play side-scrolling mini-games, which enable players to compound their crypto income.
Beyond gameplay rewards, PlayDoge’s team has also created a staking protocol.
Annual yields are currently estimated at 104%.
That means investors could double their holdings in a year – just by staking.
So, with over $5.5 million in presale funding raised already, PlayDoge could be a strong contender for those looking to diversify their altcoin portfolio.
4. Cosmos (ATOM)
Cosmos (ATOM) is a project that calls itself the “Internet of Blockchains.”
In a market where blockchain interoperability is becoming increasingly crucial, Cosmos stands out as a unique solution.
Cosmos’s ecosystem is thriving, with over 250 apps and services now live.
The project’s Interchain Security feature, allowing ATOM to secure other blockchains, adds another layer of utility.
However, ATOM also serves multiple other purposes.
Holders can stake their tokens to earn rewards and receive voting rights on network upgrades.
ATOM has a market cap of $2.3 billion and is ranked the 33rd largest crypto in the world.
Even though it’s way down from 2021’s peak, ATOM has proven resilient in previous downturns – and could be ready to make a comeback as developers realize the importance of cross-chain communication.
5. 99Bitcoins (99BTC)
Rounding off our list is 99Bitcoins Token (99BTC), a project that’s turning crypto education into a lucrative opportunity.
Backed by the popular 99Bitcoins platform, this token is launching a “Learn-to-Earn” model that could shake up how people learn about crypto.
With 99BTC, users earn tokens by completing courses, quizzes, and tutorials.
It’s not just about accumulating tokens, though – 99BTC holders can then stake them to compound their income.
99BTC isn’t yet available on the open market, but the project’s presale has raised $2.3 million in funding so far.
Investors can buy 99BTC for $0.00112 during the current presale stage.
And given that 99Bitcoins already has millions of users, there’s a built-in community ready to join once 99BTC hits the market.
For that reason, this token could be worth buying on the dip.