As Bitcoin ($BTC) continues its impressive climb, many investors wonder if they’re too late to join the crypto party. But amidst this uncertainty, one voice stands out: our crypto enthusiast, Cyclop. He sees this as just the beginning of a larger market cycle, with altcoins ready to take the spotlight.
Cyclop recently highlighted signs that alt season is near, such as the imminent approval of an Ethereum ETF, declining Bitcoin dominance, and Bitcoin nearing its all-time high. Binance also addresses high initial fully diluted valuations (FDV), which could benefit the altcoin market.
Binance released a report on low-float, high-FDV token launches, noting that these tokens often dump after launch, benefiting only developers. To address this, Binance plans to list promising projects with lower valuations, potentially boosting mid-cap coins significantly.
Cyclop compiled a list of 10 low-mid cap coins with potential for listing on major exchanges and substantial returns this alt season.
GamerHash (GHX)
GHX integrates gaming and blockchain tech, focusing on crypto mining, NFTs, and the digital gaming economy. It holds a market cap of $101 million and is priced at $0.15.
Alethea AI (ALI)
Combines AI and blockchain to promote decentralized AI ownership, ensuring democratic access and equitable benefits. It holds a market cap of $60 million and is currently priced at $0.016.
ChainGPT (CGPT)
CGPT develops AI solutions for Web3, including AI chatbots, NFT generators, and smart contract auditors. With a whopping market cap of $114 million and currently priced at $0.24.
Trias (TRY)
This coin aims to build a trustless and self-generating decentralized cloud infrastructure. It holds a market cap of $24 million and is priced at $1.20.
Covalent (CQT)
Provides a unified API to bring full transparency and visibility to assets across all blockchain networks. It is a low-cap coin with a market cap of $30 million it is priced at $0.16.
Akash Network (AKT)
Akask is a decentralized cloud computing marketplace aiming to provide faster, more efficient cloud services. With a market cap of $105 million and currently priced at $0.97.
Verasity (VRA)
Aims to significantly increase engagement and advertising revenues for video publishers on any video platform. It independently holds a market cap of $45 million and is priced at $0.005.
Decentral Games (DG)
It builds games for the metaverse that leverage blockchain technology for transparency and fairness with a market cap of $37 million it is priced at $0.14.
Marlin (POND)
It provides high-performance programmable network infrastructure for DeFi and Web3 applications with a market cap of over $32 million, and it is priced at $0.01.
MetisDAO (METIS)
It is a Layer 2 framework for building and running decentralized applications and businesses with scalability. It has a market cap of $58 million and is currently trading at $23.60.
Also Check Out: Are You Ready for Altseason? Analyst Lists Top Altcoins to Watch in 2024
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