Here are several coins with potential to soar in a bull market:
#JUP : As a top DeFi aggregator on SOL, launched at the beginning of the year, with a market cap reaching 1.4 billion USD, FDV reaching 10 billion USD, and TVL surging to 1.59 billion USD. It offers an excellent user experience, with features like dollar-cost averaging and a JLP token similar to GLP. However, due to a large number of tokens being locked, the team's holding ratio is relatively high, leading to an increase in TVL but limited growth in token price. If TVL continues to grow, the token price is expected to follow.
#STXUSDT : This is an established Bitcoin L2, with a market cap of 2.7 billion USD, being the only Bitcoin L2 among the top 200. Even during unfavorable conditions in the Bitcoin ecosystem, it has maintained a high market cap, rising from 0.27 to 3.7, surpassing its 2021 peak, with no unlocking pressure. The project team is committed to long-term development over 10 years, and the future of the Bitcoin ecosystem is expected to prosper.
#PEOPLE : Mentioned last September, it rose from 0.009 to 0.13, currently priced at 0.07, still providing decent returns. It can be exchanged for ETH and has a one-way deflationary bottom mechanism; the project is unowned with no inflation, making it a non-owned MEME project.
#SSV : Focused on the staking track, it effectively addresses centralized staking issues and is an upstream project of Lido, with a good ecological position. In March 2024, it reached a maximum increase of 5 times, currently with a market cap of 230 million USD, and no unlocking pressure. Although affected by the decline in ETH prices, the outlook remains optimistic.
#YGG : An established leader in the gaming guild sector, with a token price of 0.1 USD last year, peaking at 1.7 USD in 2024. Currently priced at 0.51 USD, with a market cap of 200 million USD, 40% of tokens have been released, with 10 million tokens unlocked monthly, resulting in significant unlocking pressure. The number of games participating is high, and blockchain games are easy to break into mainstream, with a validated unique ecological position.
GALA: A leader in the gaming platform sector, with a market cap of 750 million USD. In March 2024, it saw a 4-fold increase, but in May, due to a severe loss from a hacker attack, the price fell back to a low point. This year, it is launching new games and platforms, taking a diversified approach and is currently undervalued.