Turmoil has struck the cryptocurrency market today amid a string of macroeconomic mishaps.
However, in times of difficulty, there also lies opportunity for those willing to take risks.
This article breaks down five cryptocurrencies to buy for big gains during the ongoing selloff.
Pepe Unchained
Topping our list is Pepe Unchained.
Inspired by Pepe, this new token builds on the OG frog coin’s success while creating an exciting new ecosystem.
Pepe Unchained will be the first Pepe-themed meme coin with its own layer 2 blockchain.
It promises faster speeds and lower fees than Ethereum while benefiting from the main network’s strengths of security and decentralization.
Adding to this, Pepe Unchained will have access to the vast liquidity of Ethereum and other layer 2s, laying the way for massive liquidity inflows.
And meme culture is at its heart.
Devs will be able to launch meme coin-themed dApps and tokens.
Moreover, Pepe Unchained has a staking mechanism offering big rewards.
Currently, the staking APY is 265%, but this will decrease over time.
The project is currently undergoing a presale and has raised over $7 million.
However, the Pepe Unchained presale price will increase throughout the campaign, so prospective investors should act quickly.
Ondo
Those seeking to snag a bargain on a high-potential crypto should consider Ondo.
Positioned as one of the top real-world asset (RWA) protocols, Ondo is primed for gains as the industry recovers.
But right now, investors can catch a monumental discount.
Ondo is currently trading at $0.51, its lowest price since March.
And what’s interesting is that Ondo has shown considerable strength in recent months, even as other projects sold off.
However, Ondo is down by an eye-watering 30% today and 49% this week.
It is also down 65% from its 3 June all-time high (ATH).
Ondo has a $716 million market cap and a $333 million 24-hour trading volume, up 227% today.
The project offers a yield-bearing stablecoin and tokenized U.S. treasuries, making it attractive to international investors.
Liquidity for its stablecoin, USDY, has shot up since launching.
It is currently at over $300 million, an almost 2x increase since May.
PlayDoge
Next up on our list is PlayDoge. This token is a crossover of meme coin and Play-to-Earn (P2E) token, tapping into crypto’s most viral use cases.
Indeed, most market participants watched the meteoric rise of meme coins, but few understand the potential P2E tokens.
Hamster Kombat is the best example. Within its opening three months, it accrued over 200 million users, reflecting the market’s unwavering appetite for free crypto.
Now, PlayDoge is emerging as the next viral P2E crypto.
It follows a similar concept to the 1990s blockbuster Tamagotchi, which sold 82 million units.
Users will care for a virtual pet, ensuring it is happy and healthy. They can generate $PLAY rewards in return, which have uses like in-game purchases and staking.
Like Pepe Unchained, PlayDoge is undergoing a presale.
It has raised over $5.9 million so far, and investors can buy $PLAY today for $0.00526. However, this price will rise throughout the campaign.
Bitcoin
Currently trading at $50K, traders can secure Bitcoin at an excellent price.
Granted, you may not get the same 10x potential returns as with some altcoins, but Bitcoin offers stability and peace of mind.
Often referred to as “digital gold,” the case for Bitcoin is never stronger than in a failing economy.
With scarcity, portability, and trustlessness at its core, Bitcoin is a hedge against inflation risk and poor top-down economic decision-making.
In fact, Bitcoin was designed with financial collapse in mind, emerging around the same time as the 2008 financial crisis.
It’s also worth noting that gold recently created a new ATH, indicating that investors are rotating funds from equities and other markets into something less risky.
This is a solid opportunity for Bitcoin to gain ground as well.
It has also been less affected than other cryptos today, down 17%, while many altcoins are down 20% or higher.
99Bitcoins Token
Suppose Bitcoin prevails as a top performer in the current climate, 99Bitcoins token could give massive gains.
This Bitcoin-related token is the ultimate onboarding tool for newcomers to the crypto industry.
The 99Bitcoins team is developing a Learn-to-Earn platform that rewards users for learning about cryptocurrency.
And think of $99BTC as the oil that makes 99Bitcoins Learn-to-Earn work.
It grants users access and unlocks the ecosystem’s full capabilities.
Get access to staking, trading signals, BRC-20 tools and education, a VIP community group, exclusive access to new features, discounts on partner products, and much more.
Users will complete gamified courses, quizzes, and modules in exchange for $99BTC.
The project is currently in its presale phase and has raised $2.6 million.
The presale is available on the Ethereum network, but 99Bitcoins token will also launch on Bitcoin’s BRC-20 token standard.
The 99Bitcoins token presale ends in less than 24 hours, so would-be buyers have no time to spare.
