The cryptocurrency sector following the Bitcoin halving last week, highlights four small-cap altcoins to buy poised for significant returns: Gala (GALA), Akash Network (AKT), Ronin (RON), and Axie Infinity (AXS). These assets are capitalizing on the current market’s bullish momentum. Each offers innovative solutions and has cultivated a robust community. Investors consider these promising altcoins to buy for 50X, with the potential for substantial growth post-Bitcoin halving.

1. Gala (GALA)

Gala (GALA), the primary cryptocurrency of Gala Games, is essential for acquiring NFT items. It compensates founders’ node operators for their participation, with GALA fueling the blockchain’s transaction fees. The system distributes GALA, splitting it equally between node operators and the Gala Games conservatorship.

Gala price chart

Over the past week, GALA’s value has surged by more than 15%, showing a strong upward trend. This suggests that GALA, a small-cap altcoin, could potentially achieve a 50X increase after its upcoming halving event. Currently, GALA price is at $0.04847, and it has experienced a slight decrease of 1% in the last 24 hours. It ranks 64th on CoinMarketCap with a market capitalization of $1.4 billion.

2. Akash Network (AKT)

Akash Network (AKT) is transforming the landscape of cloud computing with a marketplace built on the pillars of transparency, security, and decentralization. This innovative platform connects individuals with excess computing resources to those urgently needing them. It’s specifically tailored for Web3 developers, offering tools that streamline the deployment of decentralized applications.

Recent performance metrics indicate a striking growth trajectory for AKT, with a 2035% increase over the past year and a 15% rise in the last month alone. Currently, Akash Network price is at $6.03, the token has surged by 46% over the past 24 hours, earning it the top spot in today’s market gains.

3. Ronin (RON)

Ronin (RON), a blockchain designed for gaming by Sky Mavis and recognized for supporting Axie Infinity, stands out in the Web3 domain. This platform has generated over $1.3 billion, marking significant success. 

Currently, Ronin is exploring new ventures, evidenced by its collaboration with Gravity for “Ragnarok: Monster World.” This partnership leverages the established Ragnarok Online brand, integrating it with blockchain innovations. 

Ronin remains a strong player in the cryptocurrency market. Despite a recent 2.84% decrease, its value holds at $3.36. This resilience underscores its potential in the gaming sector, making it a promising investment.

4. Axie Infinity (AXS)

Axie Infinity (AXS), a player-driven blockchain game, draws inspiration from beloved franchises like Pokémon and Tamagotchi. This digital ecosystem enables players to collect, breed, raise, and engage in combat with creatures known as Axies. The current Axie Infinity price stands at $7.61, marking a 1.77% decrease over the last 24 hours. 

Axie Infinity price chart

Positioned at 79th on CoinMarketCap, Axie Infinity boasts a market capitalization of approximately $1 billion. Recently, AXS has experienced a weekly growth exceeding 7%, signaling the potential for significant returns, especially with predictions of a substantial rally following the upcoming cryptocurrency halving event.

Bottom Line

GALA, AKT, RON, and AXS represent prime opportunities in the altcoin market, each offering unique technologies and growing communities. These features make them strong candidates for significant investment returns in the post-halving rally.

The post 4 Small-Cap Altcoins To Buy For 50X Potential Post Bitcoin Halving Parabolic Rally appeared first on CoinGape.

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Filed under: News - @ January 1, 1970 12:00 am