Top 10 Low Market Cap Altcoins with a Strong Probability of Being Listed on Binance
Bitcoin ($BTC) continues its impressive ascent, leaving many investors wondering if they’ve missed out on the crypto boom. However, amidst the uncertainty, one individual stands out with a different perspective. Meet Cyclop, our resident crypto enthusiast, who believes that this is just the beginning of a larger market cycle, with altcoins poised to steal the spotlight.
Cyclop recently pointed out several signs that indicate the arrival of alt season. These include the imminent approval of an Ethereum ETF, a decline in Bitcoin dominance, and Bitcoin inching closer to its all-time high. Binance, one of the largest cryptocurrency exchanges, has also addressed the issue of high initial fully diluted valuations (FDV), which could have a positive impact on the altcoin market.
In their report, Binance discusses the phenomenon of low-float, high-FDV token launches, noting that these tokens often experience a drop in value after their launch, benefiting only the developers. To tackle this issue, Binance has devised a plan to list promising projects with lower valuations. This move has the potential to significantly boost mid-cap coins.
In line with this development, Cyclop has compiled a list of 10 low-mid cap coins that have the potential to be listed on major exchanges, offering substantial returns during this alt season.
1. GamerHash (GHX): Integrating gaming and blockchain technology, GHX focuses on crypto mining, NFTs, and the digital gaming economy. It currently holds a market cap of $101 million, with a price of $0.15.
2. Alethea AI (ALI): This project combines AI and blockchain to promote decentralized AI ownership, ensuring democratic access and equitable benefits. With a market cap of $60 million, ALI is priced at $0.016.
3. ChainGPT (CGPT): CGPT develops AI solutions for Web3, including AI chatbots, NFT generators, and smart contract auditors. It boasts an impressive market cap of $114 million, with a current price of $0.24.
4. Trias (TRY): With the aim of building a trustless and self-generating decentralized cloud infrastructure, TRY holds a market cap of $24 million and is priced at $1.20.
5. Covalent (CQT): Providing a unified API to bring complete transparency and visibility to assets across all blockchain networks, CQT is a low-cap coin with a market cap of $30 million and a price of $0.16.
6. Akash Network (AKT): AKT is a decentralized cloud computing marketplace that aims to offer faster and more efficient cloud services. With a market cap of $105 million, it is currently priced at $0.97.
7. Verasity (VRA): The goal of Verasity is to significantly increase engagement and advertising revenues for video publishers on any video platform. It independently holds a market cap of $45 million, with a price of $0.005.
8. Decentral Games (DG): DG develops games for the metaverse, harnessing blockchain technology for transparency and fairness. With a market cap of $37 million, DG is priced at $0.14.
9. Marlin (POND): Providing high-performance programmable network infrastructure for DeFi and Web3 applications, POND has a market cap of over $32 million, with a price of $0.01.
10. MetisDAO (METIS): METIS is a Layer 2 framework for building and running decentralized applications and businesses with scalability. It currently has a market cap of $58 million and is trading at $23.60.
So, if you’re looking to capitalize on the alt season, keep an eye on these promising low-mid cap coins. They could potentially offer significant returns as the altcoin market takes center stage.
Also, don’t forget to check out our article on the top altcoins to watch in 2024. Altseason is here, and it’s time to get ready!
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