Crypto Market Outlook for July
July marked a positive start for the crypto markets, with prominent altcoins experiencing upward trends of over 6%. While some altcoins embarked on a sustained recovery, Mantra's $OM tokens soared overnight, surging from $0.71 to over $0.87 within hours. However, this rally proved short-lived, as $OM tokens saw a significant dip to $0.74 within a few days.
Mantra's Long-Term Growth and Rising Stars
Mantra remains a leading real-world asset layer-1 ecosystem, gradually ascending the crypto market ladder. However, given that $OM tokens may take months to reach new highs, investors are turning to emerging tokens with substantial growth potential. Pepe Unchained, WienerAI, and Shiba Shootout have emerged as popular choices in July.
$OM Token Performance and Future Prospects
Despite a remarkable 3,200% gain in the past year, Mantra's $OM tokens have experienced a recent decline. While its current support level is around $0.60, the next major resistance level stands at $1.00. This suggests that Mantra is in an accumulation phase, which could precede significant price movements. However, maintaining a price above $0.87 is crucial for the token's growth.
New Meme Coins with Explosive Potential
With $OM tokens failing to sustain their recent surge, investors are focusing on meme coins that are still in their early presale stages. These coins offer the highest prospects for substantial returns in the near future.
1. Pepe Unchained: Layer-2 Meme Coin
Pepe Unchained is a ground-breaking meme coin that combines humor with advanced technology. It will launch as a Layer-2 solution on its own blockchain, providing exceptional transaction speeds and reduced fees. The maximum supply of $PEPU tokens is allocated with meticulous industry practices, setting the stage for substantial growth.
2. WienerAI: AI-Powered Meme Coin
WienerAI distinguishes itself as an AI-powered meme coin, enhancing the user experience with advanced AI for navigating crypto markets. Its integrated AI trading bot analyzes market data, providing investment signals to ensure users capitalize on lucrative opportunities. The bot's ability to respond to technical questions further enhances its appeal.
3. Shiba Shootout: Wild West Meme Coin
Shiba Shootout captivates with its Wild West theme and emphasis on community. Its "Shiba Gulch" platform fosters a vibrant online community, encouraging user engagement and collaboration. The tokenomics and features are structured to reward loyalty, with initiatives such as the Posse Rewards referral program, Staking, and Savings Saddlebags.
Conclusion
While Mantra's $OM tokens have shown promise, their growth trajectory may not match the potential returns offered by emerging meme coins such as Pepe Unchained, WienerAI, and Shiba Shootout. By joining their expanding communities and investing early, investors can maximize their earning potential in the future.