3 new and exciting cryptos to buy in a boring market

The crypto market has been very boring in the last few months. Bitcoin (BTC USD) is down significantly from its recent all-time high and could fall further. Meanwhile, most altcoins have experienced more and more problems. The altcoin market has been rocked in recent months, with valuations of many hot projects falling to a fraction of what they were in the first quarter of 2024.

However, I don’t think it’s all doom and gloom in the crypto market. Some meme coins are doing very well in the current cycle and I think such projects are worth looking into. Crypto traders are pushing into the areas of the market where the money is flowing. Accordingly, I think it makes sense to get involved in selected projects in times like these. Of course, I would always recommend investors to only put “fun money” into meme coins, as these are not long-term investments, but rather short-term lottery tickets. With that in mind, here are the three new and exciting cryptos you should consider now.

Non-Playable Coin (NPC-USD)

Unplayable coin (NPC USD) is a meme-crypto and NFT hybrid inspired by the non-playable character meme. The token’s motto is a homage to the phrase “I support the current coin”. Each token is convertible into an NFT at a 1:1 ratio and its total supply is equivalent to the entire human population as recorded on July 26, 2023 (8,050,126,520 tokens). Currently NPC trades on decentralized exchanges such as: Uniswap (UNI USD) And ether (ETH-USD) based exchanges as well as centralized exchanges like Coinbase (NASDAQ:COIN).

This project has been one of the most impressive performers in recent months. The token’s explosive price movement has shown no end, with the NPC cryptocurrency gaining more than 177% over the last month as of press time. I believe it has what it takes to climb even higher as many non-dog meme coins like it Pepe (PEPE-USD) And Notcoin (NON-USD) have done this in the current cycle.

Super Trump (STRUMP-USD)

Super Trump (STRUMP-USD) is a kind of cryptocurrency tribute to the political legacy of Donald Trump, the 45th President of the United States. This project aims to create a digital ecosystem that upholds Trump’s limited government and free market principles. This crypto is not associated with Trump, but many Trump-related meme cryptos have done well this cycle. STRUMP is one of the more bullish names right now. up 241% in the last month.

I believe there are many catalysts that could push this meme token even higher. Trump’s sentencing is scheduled for July, and that could trigger major press coverage about him and his campaign. In addition, according to the polls, Trump is likely to do better in the current election. This is likely to lead to a lot of hype around political meme coins like STRUMP.

BiaoQing (BIAO-USD)

No major Asian meme has been turned into a meme coin. BiaoQing (BIAO-USD) is said to be groundbreaking in this regard. This project is based on the famous Asian meme BiaoQing, a panda with a human expression. I would argue that this is the Western world’s equivalent of Pepe.

BIAO can be seen in every Asian chat room and is used as emojis by Easterners. It is the most popular meme worldwide. With more Asian investors entering the crypto scene every day, I think it could gain a lot more traction.

BIAO has acquired famous influencers, listed on central exchanges, formed partnerships and also released Telegram games. Therefore, I think this token has more use cases than most meme coins of its size.

The projects The market capitalization is just $16 million, and the BIAO cryptocurrency is up 147% in the last month alone. In fact, there is a good chance that this Asian meme coin could be one of the top names as more and more Asian crypto investors flock to the blockchain.

At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.