10-100 x Potential 5 Coins
The cryptocurrency ecosystem is thriving in no small part with a number of small-cap altcoins making impressive moves in the market overall. While thousands of assets are making waves today, a select few cryptos have a 1000% to 10,000% chance of exploding. According to analyst Godfrey Benjamin, five of the promising altcoin projects include Astar (ASTR), Myro (MYRO), Kaspa (KAS), Celestia (TIA) and Uma (UMA). While this selection does not constitute an endorsement of these tokens, it may give those looking to dive into the market a head start on their research into the most promising cryptocurrencies in the industry today. Now let's look at why these tokens are worth putting on watchlist
The first altcoin with a small market value and a large upward potential:
Astar Network
Astar Network is a Polkadot parachain with a thriving ecosystem and a promising ecosystem outlook. Currently priced at $0.1883, on top of 5.64% growth in the last 24 hours, Astar is one of the most future-oriented protocols with extensive connectivity to the mainstream corporate and financial world. Astar network is down more than 44% from its all-time high of $0.3353. However, more significant adoption is likely thanks to the anticipated upgrades and strategic collaborations through Astar 2.0. This is poised to boost the protocol's prospects and help its price rise to new highs in the coming bull cycle.
Solana-based MYRO is also on the list
MYRO is a new memecoin on the Solana (SOL) blockchain whose price rose from a low of $0.001995 about two months ago to an All Time High (ATH) of $0.2607 on January 19. During this time Myro has increased by a staggering 10,223%. It is noted as one of the most promising meme coins to watch out for. In an effort to carve out a niche for itself as the next BONK in Solana, the meme coin has created enough social interaction. Thus, it has now become the third largest meme protocol in terms of market cap. Currently valued at $0.2076, MYRO tends to outperform its peers due to new use cases coming to Solana, especially with the refresh of the Android handset Saga.
Kaspa is also on the list
Kaspa brands itself as a PoW cryptocurrency that implements the GHOSTDAG protocol for improved efficiency. Many tout Kaspa for its touch of functionality that makes it the futuristic protocol for moving funds. Kaspa has gained enough recognition in the last few months for what he represents. It rose from its lowest price of $0.0001699 in June 2022 to $0.1045 where it is currently trading. Thus, it increased by more than 61,110%. Kaspa has a lot of acceptance, especially globally, including a mega listing on Binance Exchange.
Celestia(TIA)
Celestia is arguably one of the most publicized crypto projects of recent times. Because its role as the first modular blockchain network that allows anyone to easily deploy their own blockchain with minimal expense is now recognized by the industry's most thoughtful investors and brokers. TIA excitement peaked following the recent Binance listing. This was a move that served as a vote of confidence in the protocol. Currently, Celestia (TIA) is in recovery mode after rising more than 50% at the beginning of last week. It is currently changing hands for $17.24, down 1.3% in the last 24 hours. It reached an ATH of $20.26 on January 15, particularly revealing greater growth potential.
UMA- Old protocol
UMA is an old protocol that is just starting to shine. As previously reported, UMA sees unusual financing opportunities, as Bybit data shows. Thus, this trend positions it as one of the few high-performing altcoins to pay attention to. Like other small-cap cryptos, UMA is susceptible to intense volatility, as evidenced by short positions liquidated earlier in the week. Ultimately, UMA's value proposition of bridging communication between the outside world and the on-chain ecosystem is widely accepted. So this may affect its price in the long run.
