Potential altcoins to watch right now

1.TON

Toncoin (TON), a fast-growing layer-one blockchain network backed by Telegram, has been outperforming most crypto assets since breaking through its all-time high earlier this year. The Web3-based blockchain currently has a total locked value of nearly $600 million, and the stablecoin's market cap is also over $619 million.

2.PEPE

Not surprisingly, investors can still earn up to 10,000x or more returns with Pepe coins. In a market cycle dominated by meme coins on Solana, Pepe continues to deliver excess returns on the Ethereum network. In fact, many savvy investors now view PEPE as a high-risk bet on Ethereum due to the high correlation between Pepe and ETH.

Looking back at history, Dogecoin was the best performer in the last cycle, with a peak market cap of over $80 billion. Therefore, considering that Pepe may be the best performing meme coin in this cycle, achieving a market cap target of $50 billion is not out of reach.

3. FET

The price of AI Super League (FET) has increased by 5.34% in the past week and is currently ranked 32nd on the global cryptocurrency rankings with a market capitalization of $2.23 billion. In addition, it has increased by 2.89% in the past day with a trading volume of $104.49 million.

If the market can push the price of FET above the resistance level of $1.050, bulls are expected to test its upper limit of $1.650.