There are many narrative aspects in the upcoming January market, starting with the first batch of FTX payouts around the 6th of the month, expected to amount to around $16 billion. Objectively, most of this funding will likely flow back into altcoins, as the cost-effectiveness of this positioning is low. This is expected to benefit leading strong public chains like ETH, SOL, and SUI, directly benefiting sectors anticipated to emerge from the FTX concept series, such as FTT, which has started a strong rebound in the past few days.
Then came Trump's inauguration, which, alongside a series of economic stimulus bills and crypto regulatory policies, led to a strong rally in the market. As institutional strategic accumulation of Bitcoin rose to a global dominant position, many retail investors have already crossed over into a realm we can only look up to. Therefore, from the perspective of early positioning, if there are opportunities in the near future, apart from the FTX concept, Trump concept, and Musk concept will become the main themes in January.
Buy the dip on 3 altcoins that may increase 100-fold in the future!
1.NEAR
The NEAR protocol ranks third on our list due to its reputation as a leading Layer 1 blockchain that addresses some of the most persistent challenges in the crypto space. As a community-operated cloud computing platform, NEAR has successfully carved out a unique niche, providing an ideal environment for DApps. It offers benefits such as human-readable account names and innovative consensus mechanisms like Doomslug, making it a user-friendly and scalable option for investors.
The NEAR ecosystem boasts over 40 million monthly active accounts and 8 million daily transactions, with its ecosystem continuing to grow rapidly, recently driving a significant price increase. The protocol has recently reached all-time highs in locally issued stablecoins, proving its expanding influence in the market. In just the past 24 hours, NEAR has risen by 7.88%, reflecting strong investor sentiment and optimism.
Despite this upward momentum, it is important to recognize the broader context. NEAR has experienced some setbacks over the past month, declining by 13.2%. Nevertheless, the token's current RSI of 38.53 indicates it is in a neutral position with room for maneuver based on market conditions. However, considering its growth of 43% over the past year, NEAR remains a favorite among investors looking to invest in blockchain technology with both short-term gains and long-term potential.
For investors interested in high-growth opportunities, NEAR's performance indicates it may be worth watching. With an impressive 30-day volatility of 11% and recent RSI readings, NEAR holds promise for both new investors seeking stable but potentially rewarding assets and experienced investors.
2.IMX
It provides a compelling case for investors interested in the thriving NFT industry. As the first Layer 2 scaling solution for NFTs on Ethereum, Immutable X addresses key blockchain bottlenecks such as scalability and high gas fees while enabling instant and gas-free minting and trading. Its unique zk-rollups technology positions it at the forefront of innovation, with the potential to achieve over 9,000 tps.
Recent developments highlight the expanding ecosystem of Immutable X. Key partnerships, including one with gaming giant Netmarble, indicate increasing adoption of the protocol among major players. These updates coincide with a recent price surge of 7.71% for IMX over the past 24 hours, demonstrating resilience despite a 9.8% decline over the past 30 days. The token's trading volume to market cap ratio is 0.0381, showcasing strong liquidity and enhancing its appeal to active traders.
Market sentiment towards Immutable X appears neutral, with an RSI of 47.54, indicating the token may consolidate in the short term. However, its secure foundation on Ethereum and advanced features like API abstraction layers and NFT-specific wallet integration set it apart. Long-term indicators (such as trading prices being 9.68% below the 200-day SMA) suggest it has recovery potential as the NFT market regains momentum.
Immutable X may attract investors seeking innovative NFT solutions supported by strong technology. Although its one-year performance (-40%) reflects broader market challenges, its technological advantages and strategic partnerships make it a strong contender for future growth. Investors focused on the NFT space should pay attention to this unique project.
3.USUAL
Usual is a stablecoin issuer that has gained recognition in the decentralized finance (DeFi) space by empowering users through ownership and governance. At the core of its ecosystem is the $USUAL token, which holders can use to control its infrastructure and funds. Unlike traditional stablecoins pegged to bank reserves, Usual takes a unique and secure approach by pegging its stablecoin USD0 to short-term bonds. With robust risk policies and an insurance fund, Usual ensures the stability and trust of its evolving ecosystem.
In the past 24 hours, the price of $USUAL has surged over 24%, with daily trading volume also rising significantly by 108.40% to reach $1.02 billion. This growth reflects market confidence and excitement about the token's potential. With the support of well-known partners like Kraken, Mantle, Starkware, and GSR, along with over 150 investors, Usual Labs is laying a solid foundation for long-term success.
Recently, Usual announced the completion of a $10 million Series A funding round led by Binance Labs and Kraken Ventures. Other investors include numerous well-known firms such as Galaxy Ventures, Coinbase Ventures, OKX Ventures, and Wintermute. This funding highlights the broad support and trust in Usual's vision.
Usual aims to stand out by adopting a DeFi-first approach and reallocating ownership back to users. By combining the security of real-world assets (RWA) with the flexibility and liquidity of DeFi, Usual is reshaping the stablecoin market. This summer, it achieved a significant milestone by becoming the fastest-growing stablecoin on Ethereum, marking the first time a fiat-backed stablecoin has achieved hyper-growth.
