PPCoin is looking good to me trading at a high of 0.00047998 today. Last week it was down to 0.00008. At its all time highest it was around 0.0005 not long after the coin was released, and that was when BTC was around $10. PPCoin seems like a good place to hedge to me, it has always been a long term project and SunnyKing is an active and excellent developer.
https://ppcexchange.bitparking.com/main