The current crypto market rally saw Bitcoin break through the $69,100 barrier, thus surpassing its 2021 all-time high (ATH). The strong inflows into newly launched Bitcoin ETFs not only fueled this surge, but also led to speculation about the onset of an ‘altseason’ potentially kicking off another bull run.
Historically, altseasons were triggered once Bitcoin had surpassed its previous all-time highs, leading to a domino effect across the altcoin market. Over the last month, the altcoin market cap has seen a staggering 50% increase, from $800 billion to $1.2 trillion, with meme coins particularly experiencing multifold returns.
Predictions suggest that Ethereum can outperform Bitcoin throughout the rest of 2024, especially considering the historical patterns observed during halving years and Ethereum’s significant gains year-to-date compared to Bitcoin. Amidst this backdrop, five selected altcoins are emerging as top picks during this bullish cycle, marked as the ultimate moment to invest in crypto.
Ride The Wave of Innovation with ScapesMania
The introduction of a new crypto project is usually met with very cautious optimism. But when its numerous past sales and token generation event (TGE) are a huge success, it all seems like the first step on a path full of growth potential. ScapesMania, the groundbreaking casual gaming project, has a lot to show for its unstoppable hype.
$MANIA has stepped into PancakeSwap, a decentralized exchange on the Binance Smart Chain network known for its extensive user base and liquidity. The debut trading day proved to be impressive. The token price demonstrated resilience, indicating robust tokenomics and promising prospects for the project. Unlike short-term ICOs, ScapesMania has proven itself to be a serious venture within a thriving market.
Just let the numbers speak for themselves: holder count: 18.41k; 24-hour trading volume: $2.26m; over 2,535 buys and 1,651 sells. ScapesMania also topped DEXTools’ Hot Pairs list right away.
This project started out with a presale event that garnered an incredible $6.125 million. The fact that it attracted over 60,000 followers across different social media networks and a vast number of holders is even more remarkable. This strong support and funding demonstrate how appealing and promising the project is to a wide audience. A real breakthrough might be just around the corner, so it would be a waste not to grab $MANIA tokens before they skyrocket.
The launch of liquidity pairings including MANIA/WBNB and MANIA/USDT marked the beginning of active trading. The demand from the community led to USDT becoming the main source of liquidity.
Why get involved with ScapesMania now that it’s listed? First, $MANIA tokenomics are balanced, with a cliff and vesting system helping maintain stability. Second, ScapesMania incentivizes community members through its staking program, rewarding commitment with extra tokens. Third, through DAO governance, community members can vote on ecosystem development decisions. Finally, ScapesMania continuously expands token utility, offering more benefits to $MANIA holders.
With a strong plan for promoting the project after listing, its success might keep up the record-breaking pace after its debut. The team’s dedication to long-term development and prominence in the cryptocurrency industry is shown by their impressive marketing efforts – 75K+ average monthly traffic is no joke.
Additional upsides that may be the biggest deciding factors when it comes to growth are:
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The project’s smart contract has been approved by BlockSafu. Holders may rest certain that the project’s infrastructure is reliable and up to par thanks to this endorsement.
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Enthusiastic support from numerous notable crypto influencers. It lends legitimacy and affirms ScapesMania’s status as one of the promising new projects.
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Experienced team. Innovating and executing a project successfully requires a team of seasoned specialists. This project is in a strong position to overcome any obstacles and take advantage of opportunities.
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Bright future. The project has come a long way, but it still has a long way to go. There are tentative plans to list on a centralized exchange (CEX), which will provide access to more markets and more liquidity.
Everything about ScapesMania was carefully designed to facilitate major growth potential. From successful, well-publicized sales to its advantageous alliances, seasoned staff, and strategic positioning in the casual gaming niche – it looks poised for big things.
Choosing ScapesMania right now, post-TGE, offers early access, exclusive benefits, diversification, lower competition within a dynamic niche, and, more importantly, a potentially perfectly-timed entry point for maximum growth. The coin’s stable post-listing price and strong initial support, coupled with an influx of newcomers, indicate long-term confidence, so it might be the time to make your decision.
>>> Get $MANIA on PancakeSwap Now— MANIA/WBNB, MANIA/USDT <<<
Cosmos (ATOM): Bridging the Interoperability Gap
Cosmos (ATOM), known for its interoperability and scalability, saw a notable increase in its token price alongside a decrease in circulating supply. Despite a recent uptick in value, the trading volume of Cosmos (ATOM) declined, indicating a mixed market sentiment.
Predictions for the Cosmos (ATOM) price show optimism, with estimates suggesting a potential rise to $26.61 by the end of the year and further growth to $36.12 by 2025. These forecasts are based on Cosmos’ (ATOM) recent performance and its all-time high of $44.45.
Cosmos (ATOM) has to maintain its growth trajectory and address regulatory scrutiny. While its position as a top-tier crypto asset offers significant potential, the Cosmos’ (ATOM) future success will depend on broader market trends and regulatory developments.
Sui (SUI): A Newcomer with Potential
Despite being a relative newcomer, Sui (SUI) quickly ascended the ranks to become one of the top 100 cryptocurrencies by market cap. Sui’s (SUI) Total Value Locked (TVL) surpassed $450 million, signaling strong adoption and investor interest.
Forecasts suggest that Sui (SUI) could reach $3.74 by the end of the year and see further growth to $5.24 by 2025, riding the wave of the overall market optimism about its technology and potential to scale.
While Sui’s (SUI) future success hinges on its ability to maintain momentum and navigate the competitive landscape of “Ethereum killers”, regulatory attention and market dynamics will also shape its trajectory.
ApeX Protocol (APEX): Innovating Crypto Trading
ApeX Protocol (APEX) is making waves in the decentralized finance (DeFi) space with its trade-to-earn (T2E) model. The introduction of the BANANA token and enhanced rewards structure aim to incentivize trading activity on its platform.
While specific price predictions for ApeX Protocol (APEX) were not available, the protocol’s innovative approach and the success of its T2E program could positively impact its native token’s value.
The key to ApeX Protocol’s (APEX) success lies in attracting and retaining traders through its T2E incentives. While ensuring the platform’s security and efficiency is essential for ApeX Protocol’s (APEX), market adoption and competition from other DeFi platforms will challenge its path to prosperity.
Avalanche (AVAX): Scaling New Heights
Avalanche (AVAX) established itself as a formidable player in the blockchain space, with its price currently standing around $43, being 71% lower than its all-time high. However, Avalanche’s (AVAX) rank and technological foundation suggest strong underlying value.
Predictions for Avalanche (AVAX) are bullish, with potential growth to $65 by the end of 2024 and a more ambitious forecast of $223.23 by 2030. These forecasts are based on Avalanche’s (AVAX) innovative platform and market adoption.
While Avalanche (AVAX) needs to maintain technological superiority and navigate the competitive landscape, market sentiment and regulatory changes can shatter its future performance.
Conclusion
The current surge in the cryptocurrency market, led by Bitcoin’s significant rally, set the stage for what many anticipate to be an upcoming ‘altseason’. This period, characterized by altcoins outperforming Bitcoin, seems more likely as Ethereum and other altcoins like Cosmos (ATOM), Sui (SUI), ApeX Protocol (APEX) and Avalanche (AVAX) begin to gain momentum as top picks for 2024.
The narrative of “a better time to buy crypto has never come” resonates strongly in this context, as the market’s current state and the projected growth of selected altcoins offer unique opportunities for investment. The success of casual gaming projects like, alongside the technological advancements and market positioning of Cosmos (ATOM), Sui (SUI), ApeX Protocol (APEX) and Avalanche (AVAX) paints a promising picture for the future of cryptocurrency investments.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
