As the crypto market continues to flourish, identifying the next breakout star can be daunting.
Some expert analysts predict the crypto bull run to kick off for BTC after the next Bitcoin halving – estimated to take place in around April 2024 – but predict an altcoin season before then.
uncovered some low market cap crypto gems that could have enough growth potential to explode 1000x if altseason is around the corner.
Ethereum
PerCoinGecko, Ethereum is the world’s second-largest cryptocurrency by market cap – right behind Bitcoin.
However, Ethereum is more than just a cryptocurrency and is instead a vast blockchain that allows developers to createdecentralizedapplications (dApps).
Since launching in 2015, Ethereum has ushered in the era of smart contract-enabled dApps and helped expand numerous exciting areas, such asdecentralizedfinance (DeFi).
With the $ETH price hovering around $1,850, 62% lower than November 2021’s all-time high, many analysts believe now is a golden opportunity to buy the token at a discount.
Pepe
Pepe is a meme coin launched in mid-April based on the super-popular Pepe the Frog internet meme.
The coin quickly gained popularity among meme coin investors, with its price soaring by over 10,000% in the weeks following its official launch.
Since the coin’s peak in early May, price has fallen dramatically, yet the past week has seen a surprise uptick in PEPE interest.
With the release of Pepe Elemental NFTs helping bring more interest to the coin, it’s possible that the PEPE price will continue to rise throughout July – and potentially beyond.
Shiba Inu
Shiba Inu is a great example of a meme coin that has managed to carve out a sizable niche for itself in a short period of time. Although it does not have any fundamental value, SHIB managed to capture the hearts of many fans and crypto enthusiasts and saw a lot of success in 2021. A lot of people expected this cryptocurrency to fall into obscurity after its first successful trip to the moon, but it managed to repeat the journey in the fall of 2021. Will it be able to retake and overtake its previous highs again? Only time will tell, but everyone are currently bullish on it. After all, this is one of those digital assets that can benefit the most from any hype on the crypto market.
Aave
AAVE is the native cryptocurrency of a decentralized lending platform that goes by the same name. AAVE both serves as a governance token and provides reduced transaction fees for borrowing and lending money. Two things help Aave stand out in an increasingly competitive field: the wide range of cryptocurrencies available for lending and borrowing and its ability to offer users a choice between variable and fixed interest rates. Many crypto enthusiasts are expecting AAVE to pump in the near future, and this asset is definitely promising enough to do so.
Stellar
Stellar’s creators see the prospect of developing their project precisely in partnership with companies and large investors. XLM is a promising cryptocurrency that has the potential to take Ripple’s place in the future. Given the long-term partnerships with large companies and financial institutions aimed at a wide audience, the project
could become more and more popular. As a result, the asset’s price can multiply. The asset’s blockchain is known to the crypto community for its incredibly fast processing speed. The hybrid protocol can significantly reduce the verification time for both transactions and smart contract execution. It also generated a lot of institutional interest.
