Low-Cap Altcoins that Could Make it Big in the Bull Market
The post Low-Cap Altcoins that Could Make it Big in the Bull Market appeared on BitcoinEthereumNews.com.
SAND and MANA are up 137.48% and 96.98%, respectively in the past month. KAIA announced mini Dapps on LINE, and listing on HashKey turned KAIA bullish. EigenLayer also introduced EigenGov, providing more power to EIGEN holders. The crypto market rallied in recent weeks, with Bitcoin (BTC) reaching an all-time high of $98,000 before dipping to $92,000; currently trading around $94,000. Large-cap tokens like Cardano (ADA), XRP, and Stellar (XLM) also saw gains, but low-cap altcoins, particularly those linked to the metaverse, stole the show. Kaia (KAIA), Decentraland (MANA), The Sandbox (SAND), EigenLayer (EIGEN), and ZKsync (ZK) are primed for substantial growth. SAND and MANA linked to Metaverse have seen exponential growth. According to CoinMarketCap, SAND is positioned at the 69th rank and trading at $0.6037, whereas MANA is at 86th position and priced at $0.5938. Just last month, SAND surged by 137.48% while MANA spiked by 96.98%. This rally reflects renewed interest in the metaverse, driven by the potential for AI integration. Recently, Decentraland launched an upgraded desktop client, attracting users to the protocol while hosting a 2-day music festival. On the other hand, The Sandbox saw the debut of the “Attack on Titan” survival game, targeting global anime fans. While only 25% of SAND holders are currently in profit, the rising demand for metaverse protocols might push the token’s price higher. KAIA and EIGEN also Show Bullish Potential KAIA is expected to hit a bull run shortly. At the time of writing, the altcoin is trading at $0.1886, up 3% in 24 hours. Ranked 90th on CoinMarketCap, KAIA surged 51.64% in the past month. The protocol was formed due to a merger between Klaytn and Finschia, the creators of Kakao and LINE, respectively. On Wednesday, KAIA, claiming to be Asia’s largest Web3 ecosystem, announced via X, that mini Dapps…
Filed under: News - @ November 28, 2024 1:24 pm