Forget Cardano: These Altcoins Could Have Better Prospects in 2024

The cryptocurrency market is currently witnessing a significant shift, particularly within the Cardano (ADA) ecosystem, which has seen a notable increase in development activity, surpassing Ethereum in terms of developer engagement on GitHub. This surge in development is a positive indicator of an active team pushing frequent updates, potentially leading to increased functionality and innovation for the Cardano (ADA) platform. However, despite the rise in development activity, the overall active addresses interacting within the Cardano (ADA) ecosystem have remained stagnant, and there has been a slight drop in the DeFi sector in terms of Total Value Locked (TVL) and Decentralized Exchange (DEX) volumes. This presents a mixed picture: on one hand, there is clear evidence of growth and development within the Cardano (ADA) network, but on the other, there is a lack of corresponding increase in user engagement and DeFi activity.

While some say that Cardano (ADA) is about to enter the “super-growth” stage, the fact of the matter is that there are many other projects in the market that seem to be coming closer to reaching a similar phase. Below, we will highlight several underrated altcoins that are worth your consideration.

ScapesMania: The Big Debut

After a wildly successful presale that amassed $6.125 million in funding, drew in nearly 18,400 holders, and attracted over 60,000 followers, the eagerly anticipated ScapesMania’s exchange debut finally arrived.

$MANIA is stepping into PancakeSwap, a popular DEX on the Binance Smart Chain network known for its large user base and liquidity. But that’s just the start. Following PancakeSwap, the project is exploring possibilities for CEX listings, which could expand avenues for potential growth. Explore the team’s approach to CEX listing here.

Trading kicked off with MANIA/WBNB and MANIA/USDT liquidity pairs. USDT is the main source of liquidity as per community demand. The debut trading day was remarkable. The token price has shown resilience, indicating robust tokenomics and promising project prospects. ScapesMania has proven to everyone that it’s not just a one-day ICO project but a serious endeavor committed to growing alongside its community of holders. 

Holder count steadied at 18.41K in the first 24 hours, with trading volume hitting $2.25M. ScapesMania instantly dominated DEXTools’ Hot Pairs list. No further explanation needed.

Groundbreaking Approach to Gaming

If you’re not yet familiar with what ScapesMania is about, here’s a quick rundown. It’s a gaming ecosystem where players can dive into immersive experiences without any prior crypto knowledge. Meanwhile, holders can benefit from the project’s success and have a say in its direction through DAO.

Tapping into the growing casual gaming industry during the current bull run puts ScapesMania in a favorable position. If you’ve been following crypto news, you’ve likely witnessed success stories of gaming projects during the recent market rally. Now, ScapesMania is all set to take off and unleash its potential in a thriving niche.

Why Go with ScapesMania?

Wondering why the community is flocking to ScapesMania? 

Let’s decode its appeal:

• $MANIA tokenomics are carefully balanced with cliff and vesting. A structured vesting schedule is designed to maintain a balance between supply and demand.
• The $MANIA token serves governance in the evolving DAO and acts as an in-game currency in the pilot gaming project. Community members can also stake tokens for additional rewards and participate in activities for more tokens. The team is actively working on expanding the token’s utility, with plans to introduce new projects and increase its use cases within the ecosystem.
• There’s a solid post-listing promotional strategy in play. The team has demonstrated its marketing prowess, evident in the $6M+ presale success, the 18.4K+ holder base, the actively growing 60K+ community, and 75K+ average monthly traffic. To further expand the project’s reach, ScapesMania is constantly testing new marketing channels.
• The project’s smart contract has received a stamp of approval from BlockSafu. As a holder, you can rely on the platform’s commitment to security.
• ScapesMania is garnering traction on significant crypto platforms, backed by endorsements from respected influencers in the field.

The Road Ahead

In a world where casual gaming rules, ScapesMania leads the way by smartly meeting what the market demands. Unlike other projects facing disconnect from their audience, ScapesMania aligns with community desires: gamers enjoy their favourite pastime while holders benefit from the ecosystem’s success.

The casual gaming industry is expected to skyrocket to $19.12 billion by 2027, according to Statista. This forecast marks the niche as potentially lucrative.

With the fund generation goals surpassed, the team is now fully immersed in product development. For quick start, the project has partnered with the devs that secured a prestigious grant in 2023 for the Metaverse/Gaming/NFT category. 

Sven, ScapesMania’s CEO, says: “As you know, to achieve ambitious goals, a skilled team is pretty crucial. You can already see how skilled and efficient our launch team really is. We’re concurrently working on the product. We are prioritizing the development team’s strengthening, too. To streamline operations, I’m combining the roles of CEO and CTO.” 

Join the community channel to stay updated on the latest releases.

Community Trust

The crypto community is buzzing about the project on popular platforms. They’re excited to join ScapesMania because they share its vision and want to be actively involved. Whales are also taking notice, with deposits already topping $20,000. 

It’s obvious that none of this success would be possible without such a loyal community. The ScapesMania team truly thanks its supporters for this kickstart. And remember, it’s just the beginning – there’s plenty more to come!

Join the ScapesMania Movement

ScapesMania’s adventure is just kicking off. As the casual gaming industry gears up for exponential growth in the years ahead, there’s never been a better time to tap into this promising landscape. 

Remember how gaming projects boomed in 2021? Well, the current crypto market boom might offer a similar chance for expansion. With a stable price post-listing and strong initial support, the coin has already proven its resilience.

The future price trajectory hinges on community strength, development milestones, and robust marketing strategies, all of which ScapesMania excels in, leaving endless possibilities ahead. 

Why wait? Take action today! Secure your spot in a potentially rewarding journey – grab your $MANIA tokens on PancakeSwap now. 

Magic Square (SQR): Revolutionizing the Web3 Experience

Magic Square (SQR) allocates $66M for developer grants, fostering dApp, game, and DeFi development. This investment signals growth potential, attracting developers and enhancing utility for SQR token. As Magic Square (SQR) aims to be a Web3 hub, challenges include competition with established stores and ensuring app quality and security.

Polygon (MATIC): The Backbone of Ethereum Scaling

Polygon (MATIC) emerges as a vital Ethereum scaling solution, offering rapid transactions and minimal fees. 2024 price predictions hover between $0.72 and $1.31, with estimates rising to $1.91 by 2025. Long-term outlooks are bullish, projecting $8.29 to $10.95 by 2030. Yet, competition and Ethereum (ETH) scalability efforts pose challenges.

Jito (JTO): A New Star in the Solana Ecosystem

Jito (JTO) surged to $3.85 with a $442.66M market cap, driven by its vital role in Solana (SOL) and a successful airdrop. 2024 projections range $3-$4.50, potentially hitting $4.50 with optimism. Integration with Solana (SOL) and innovative staking and MEV products offer growth, but limited supply may cause volatility.

Conclusion

Today’s list was in no way exhaustive; there are plenty of other promising projects on the horizon. However, it does seem that ScapesMania, the innovative casual gaming project, boasts incredible potential and is about to really take off.