A list of examples has been prepared for these 10 altcoins with impressive potential that are in an uptrend.
The market is on the rise
The altcoin market seems to have taken a sigh of relief after a long hiatus. Ethereum climbed above $1,400. However, many cryptocurrencies have experienced sharp value gains. Along with it, CoinGecko announced the most followed altcoins during the uptrend. Accordingly, Bonk Inu and Gala Games were the two altcoins that investors were most curious about.
Millions of crypto traders use CoinGecko to see price swings and check their portfolios. However, the data emerging on the platform is important in terms of showing investor sentiment.
These 2 altcoins are very popular
The Solana ecosystem has gone through a bad period until the end of 2022 after the FTX bankruptcy. While popular NFT apps have abandoned the platform, many cryptocurrency exchanges have delisted Solana DeFis. However, the Bonk project seems to have brought the ecosystem back to life. Bonk, a project similar to Dogecoin and Shiba Inu, has also released an NFT collection called BONKz this week.
https://twitter.com/coinecko/status/1613885865859895298
Gala Games has recently lost its place among NFT and GameFi focused projects. However, in the first week of 2023, GALA gained momentum. However, the deletion of some posts made by the GALA community by users caused a reaction.
These projects stand out
Layer-1 projects such as Aptos (APT), Solana (SOL) and Avalanche (AVAX) were among the altcoins that users showed interest in. Avalanche (AVAX) took its place among the talk of the week with the announcement of its cooperation with Amazon Cloud this week. Solana debuted after the recent news of SBF and Bonk.
Among the most interesting projects on the NFT side is Illivium. The GameFi project has a market capitalization of $100 million. It is also among the games that earn coins.
Bill Gates, one of the important actors of Web 1.0 technology, participated in an AMA held by Reddit. However, the famous businessman who stated that he found Web3 technology insufficient during the event, then emphasized artificial intelligence. One of the most interesting altcoin projects this week was Fetch.ai, an artificial intelligence focused project.
Investors are buying these altcoins in the new year
Cardano is a third-generation dApp blockchain launched in 2017. The early proof-of-stack validation device makes Cardano stand out among all other projects. The PoF verification method helps reduce processing time and environmental impact by eliminating the problem-solving aspect of the verification process. Cardano is also a smart contract platform. Cardano’s native token, ADA, has seen impressive growth these days.
Shiba Inu, which started out as a meme coin as another option, quickly gained a cult-like following and developed a full crypto community. Its popularity plays a tremendous role in maintaining its position as the second most valuable meme coin. The community has also created an NFT project to further attract investors. SHIB is expected to triple in popularity and become one of the most expensive altcoins.
Finally, when talking about cryptocurrencies, it’s hard not to mention Bitcoin. Its price tends to increase tremendously from time to time, which is why many crypto investors buy it in hopes of making huge profits. As we stated as Kriptokoin.com, BTC is instantly trading at $20.916, increasing by 11% in the last 24 hours. You don’t even need to buy all of the bitcoins, it’s possible to buy a small portion of them called “satoshi” to start making a profit.
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