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ethereum is up 15% this week, sparking optimism in the altcoin market. Experts hint at an altcoin season and hot elections.
ethereum is up 15% this week, which is good news for the altcoin sector.
Experts say this could be the start of an altcoin season, but what are the best coins to buy?
<h2 class="wp-block-heading" id="eth-rallies-while-btc-stalls”>eth rallies as btc stagnates
Etheruem's growth has the biggest impact on reducing bitcoin's market share, which is critical for an altcoin season.
This week, ethereum is up 15% to $3.6K, while bitcoin is down 1.53% in the same window.
Traders track bitcoin market share and the progress of the altcoin season through the “bitcoin dominance” chart.
Lark Davies noted that bitcoin dominance is declining while the altcoin index is rising. He alludes to the upcoming altcoin season by saying, “You know what happens next.”
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Meanwhile, analyst Sensei noted that the total cryptocurrency market cap (excluding bitcoin) is rising similarly to just before the 2021 altcoin season.
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All of this indicates that the next big altcoin rally is upon us. And that's good news for traders, as this is where the biggest profits are made.
But this year, it is the meme coin sector that has provided the highest returns during bullish periods. As such, here are the best meme coins to buy now.
Pepe Unchained
<a target="_blank" href="https://crypto-news.care/b_pepeunchained-en_97815?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>Pepe Unchained is a layer 2 ethereum blockchain that offers 100x faster speeds and is much cheaper than the ethereum mainnet.
Its goal is to be the home of meme coins within the ethereum ecosystem.
So considering ethereum's strength this week, it's no surprise that Pepe Unchained is also seeing growth. It is currently in pre-sale and has raised more than $55 million to develop its blockchain.
However, the ICO will end in 15 days and then PEPU will be listed on the exchanges.
Pepe Chain will launch after the ICO ends and will include features such as a block explorer, a dedicated ethereum bridge, staking, a decentralized exchange, and a two-click meme coin generator.
The team is also running a grant program where people are paid to create projects on the chain. Coupled with its codeless meme coin launch platform, this indicates that Pepe Chain will become a vibrant ecosystem.
For more information, <a target="_blank" href="https://crypto-news.care/b_pepeunchained-en_97815?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>Visit the Pepe Unchained pre-sale website.
cat slap
<a target="_blank" href="https://crypto-news.care/b_catslap-en_1623?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>cat slap is another ethereum-based meme coin that shows potential. The project was recently launched and is currently trading at a 1,600% premium to its launch price.
However, it remains a low market cap opportunity, with a valuation of just $20 million. Furthermore, it recently went through a liquidation and redistribution phase, creating a healthy price chart before the next bullish leg.
CatSlap is a cat-themed meme coin that offers multiple features that other cat coins do not; this includes the gamified experience and CatSlap Slapomter betting.
There is also talk that the team will expand the gamified experience to a full Play-to-Earn game. No other cat themed meme coin offers that.
CatSlap is available to purchase on the decentralized exchange widget on their website or via <a target="_blank" href="https://crypto-news.care/b_bestwalletps-en_1623?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>Best wallet app via the Upcoming Tokens feature.
For more information, <a target="_blank" href="https://crypto-news.care/b_catslap-en_1623?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>visit the CatSlap website.
<h2 class="wp-block-heading" id="crypto-all-stars”>crypto All-Stars
<a target="_blank" href="https://crypto-news.care/b_cryptoas-en_111545?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>crypto All-Stars is a unique cryptocurrency that allows users to stake their meme coins for passive rewards.
The platform pays STARS tokens to those who bet on DOGE, SHIB, PEPE, BONK and others. Depending on the tokens it supports, it has multi-chain functionality. This is a huge development and a real driver of their initial success.
STARS is an integral part of the crypto All-Stars ecosystem. Users must maintain it to maximize their rewards and can also stake it for further growth. Currently, STARS bets offer an APY of 310%.
crypto All-Stars is a unique combination of meme coin and utility token. This makes it attractive to a broader range of investors, especially those who want exposure to the meme coin market without too much volatility.
As such, STARS is in high demand. It's in a pre-sale that has raised $6.4 million so far, but ends in 22 days.
For more information, <a target="_blank" href="https://crypto-news.care/b_cryptoas-en_111545?referrer=ethereum-price-up-15-altcoin-season-next-best-meme-coins-to-watch” target=”_blank”>visit the crypto All-Stars pre-sale website.
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