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Altcoin Season: Top Micro-Cap Altcoins to Watch

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By on August 22, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Altcoin Season: Top Micro-Cap Altcoins to Watch appeared first on Coinpedia Fintech News

With the upcoming U.S. elections, potential Federal Reserve rate cuts, and other macroeconomic factors, we might be on the brink of another massive crypto bull run. The current market is confusing and unstable, which can make investors lose confidence and feel like a bull market is far off. 

This period of uncertainty is often called the “devil chop,” as it challenges investors and makes the future bull market seem distant. Historically, significant altcoin seasons begin after Bitcoin breaks above previous all-time highs. 

Analyst Altcoin Buzz said that these under-the-radar tokens haven’t yet hit the mainstream, making them akin to hidden treasures with the potential to deliver exponential returns. Here’s the list:

Coin 1: Numeraire (NMR)

This project focuses on data science, allowing data scientists to experiment and create machine learning models. Numeraire is also said to be the first hedge fund to launch its own cryptocurrency.

Despite flying under the radar, Numeraire has potential. With a current market cap of only $15 million, it has plenty of room for growth. If NMR were to reach a $1 billion market cap, it would represent a 10x increase from its current value. 

Coin 2: Creta World (CTA)

Creta World is more than just a gaming platform; it’s an entire gaming ecosystem with four key pillars: the metaverse, a marketplace, a social media platform, and a game creation studio. Comparisons to Axie Infinity are inevitable, especially considering that both started with small market caps and strong community support.

Coin 3: Pendle Finance (PENDLE)

Pendle Finance (PENDLE) is a DeFi project operating in the Liquid Staking Derivatives (LSD) market. Pendle’s total value locked (TVL) is around $2.7 billion, and its status as an ERC-20 token ties its value to Ethereum’s performance.

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