XRP (XRP) saw a double-digit percentage surge yesterday after the SEC moved to dismiss its lawsuit against Ripple executives.
The development has renewed optimism about altcoins, which has led some to speculate that it could mark the start of the next crypto bull run.
Looking ahead, several lesser-known emerging cryptos could post huge gains if the bullish momentum continues to build.
On Thursday, the price of XRP surged by over 10% after the U.S. Securities and Exchange Commission (SEC) moved to dismiss its lawsuit against Ripple CEO Brad Garlinghouse and Executive Chair Chris Larsen.
In 2020, the SEC charged the executives with the illegal sale of XRP tokens, amounting to over $1 billion.
Although the SEC is continuing its case against Ripple itself, dropping charges against the executives was seen as a major victory for the company.
XRP jumped from around $0.47 to over $0.52 following the announcement, yet has now pulled back to the $0.515 level.
This price surge reflects growing optimism that Ripple will successfully counter the remaining SEC charges.
However, with XRP now ranked fifth in CoinMarketCap’s list of the biggest gainers, the positive news appears to have already been priced in.
This sudden turn of events, signaling increased investor confidence, could very well be the catalyst for a new bull run in the market.
While the surge in XRP indicates renewed interest in established altcoins, gains could also come from lesser-known cryptocurrencies
With that in mind, highlighted below are three coins that could ride any upcoming bullish wave that might occur:
One lesser-known crypto that could surge in a bull market is Bitcoin Minetrix (BTCMTX) – a new platform that allows everyday investors to profit from Bitcoin mining.
Users can stake BTCMTX tokens to earn credits for cloud mining, which they can redeem for mining power
Through this setup, everyday investors can participate in the mining process without buying expensive computing equipment or acquiring in-depth technical know-how.
Additionally, BTCMTX holders can pledge their tokens to the staking pool an earn yields of 322% per year.
The project has already raised nearly $2 million through its presale and attracted endorsements from crypto influencers like Austin Hilton.
With innovative tokenomics and an ambitious roadmap, BTCMTX checks all of the boxes as a hidden crypto gem.
Early backers have the opportunity to purchase BTCMTX tokens at a presale price of just $0.0111, but this discounted rate will only be available for two more days before it increases by 10%.
Visit Bitcoin Minetrix Presale
Meme Kombat (MK) brings another unique value proposition to the market as a tokenized gaming platform for betting on meme battles.
Users can stake MK tokens to earn yields of 112% per year and bet on fights between popular meme characters like DOGE and Pepe the Frog.
According to Meme Kombat’s whitepaper, the outcomes of these battles are determined on-chain, thereby ensuring a level of transparency and fairness that is likely to appeal to users.
Currently in presale for just $0.1667, MK is already being viewed as having massive growth potential ahead.
The project has raised $600,000 in just one month, with hundreds of people joining the Meme Kombat Telegram community weekly.
As the first platform allowing users to bet on AI-powered meme matchups, Meme Kombat taps into the surging popularity of memes and Play-to-Earn (P2E) gaming.
With exchange listings, new game modes, new characters, and marketing campaigns on the horizon, MK looks primed for value growth when it launches on DEXs following the presale’s conclusion.
Visit Meme Kombat Presale
Lastly, TG.Casino (TGC) could be another new crypto worth considering for those looking to diversify into the rapidly growing “GambleFi” sector.
TG.Casino introduces a unique platform integrated with Telegram, allowing users to place bets on live casino games, slots, and sports events using the platform’s native TGC token.
The fully licensed casino offers a 150% deposit bonus, 300 free spins, additional rewards, and the security of being part of Telegram’s enormous 700 million user base.
Currently in presale at $0.125, TGC presents massive upside potential, with over $1.3 million in funding raised already.
Crypto influencers, including Michael Wrubel who invested $1,000, are touting TGC as the next big thing in the GambleFi space.
With an innovative “buyback and burn” mechanism also in place, TG.Casino also combines elements of traditional finance – helping increase TGC’s value over time by reducing the circulating supply.
Overall, the signs look promising for TGC to be another hidden crypto gem that could benefit from any upcoming bullish momentum.
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