Here’s Altcoins’ Next $100 Billion Opportunity
The last bull market resulted in several altcoins surpassing the $100 billion mark, but four years later, the blockchain landscape has changed. With innovative technologies, expanding use cases, and increasing mainstream acceptance, some altcoins are on the brink of unlocking a $100 billion market potential. This new era promises not just substantial returns but also transformative impacts on the financial landscape. Here are 4 altcoins that may hit a $100 billion market cap in the next bull run.
Shiba Inu (SHIB)
Shiba Inu is one of the top dog-themed altcoins in the space today, with hundreds of replicas and wannabes. Trading around $0.00001874, SHIB has a market cap of $11 billion. The Shiba Inu market cap chart indicates that the total value of the asset is decreasing with the next support level around the $8.3 billion mark.
Toncoin (TON)
Toncoin is a layer 1 blockchain specifically designed to support cross-chain interoperability. The blockchain is the brainchild of Telegram, the famous messaging app with over 1 billion users worldwide. TON Foundation was later created and the development of the network was handed over to this organization.
XRP (XRP)
Ripple and XRP are enigmas in the crypto arena. XRP is the oldest cryptocurrency on this list, and while, like Litecoin (LTC), Monero (XMR), and Bitcoin Cash (BCH) it hasn’t lost its place in the top 10, the 5-year price suppression of the asset continues to boggle the minds of the XRPArmy.