After XRP, which altcoins are about to explode?
SOL
Investors have been going crazy for Solana lately. It all comes down to its price performance relative to Ethereum. While Ethereum has lost 23% of its value over the past week, Solana has only lost 8%.
Investors see this as a sign of Solana’s strength, which they believe could be a harbinger of things to come.
Solana has also shown strength against BNB, recently surpassing it to become the fourth most valuable cryptocurrency (third excluding USDT).
Pepe
Pepe is the iconic Ethereum-based joke token that sparked the meme coin craze in 2023.
Now, Pepe is the third most valuable meme coin, behind only Dogecoin and Shiba Inu.
It’s up 600% over the past year, far outperforming its two more established peers.
According to CoinGecko, Dogecoin is up 36% this year, while Shiba Inu is up 48%.
The market favors Pepe, and as the price recovers, its momentum will only get stronger.
HNT
In terms of strong performers, Helium leads the way with a 7% gain this week. While not much, this makes it the best performing 100 cryptocurrencies. Its 7% month-over-month gain is impressive considering the macroeconomic tensions at the beginning of the week.
Helium is a DePIN cryptocurrency that provides a wireless infrastructure network that provides internet connectivity.
