The Web3 market has historically been dominated by high market cap cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), which have a large degree of dominance. However, there are also lesser-known, low-cap cryptocurrencies that are starting to attract significant attention from investors looking to maximize profits.
With this emerging cryptocurrency, there is a lot of potential for maximum profits, which can lead to solid portfolio diversification for many traders. The main focus here will be on five major players, including KangaMoon (KANG), DeepFakeAI (FAKEAI), Grape (GRP), DexCheck (DCK), and Orion (ORN), as they are the best altcoins. Each of these cryptocurrencies was chosen not only for its growth potential, but also for its low market capitalization and ability to deliver significant profits to traders.
Let's find out which of these cryptocurrencies could turn $10 into a potential $1,000 as they rise in the next bull run.
KangaMoon (KANG)
KangaMoon (KANG) is an upcoming altcoin that could radically change the cryptocurrency industry through introducing a unique, community-driven approach that has broad utility and integrated elements Social-Fi.
The platform is becoming a competitor to other cryptocurrencies in its field, such as Dogecoin and Shiba Inu. Built on Ethereum, KANG follows the ERC20 token standard, making it compatible with a variety of wallets. The platform also has Play-to-Earn (P2E) features which will connect players around the world where they can challenge each other in battles and tournaments to test their skills. me.
Additionally, anyone can make money on this platform in many different ways. Users can share tweets, comment or perform in-game actions. Each user can also compete in any weekly, monthly or quarterly challenges and with that, they can gain access to additional tokens.
Furthermore, they can even participate in special events or giveaways to receive additional rewards. Those who do not want to participate actively can also just watch the matches and bet to win. KangaMoon will connect meme coin enthusiasts and its smart contract has been audited by SOLIDProof.
During the blockchain ICO, the project reached Phase 3, raised from 0.005 USD and is currently offered at 0.01125 USD. It is up 125% since Phase 1 and has raised over $1.3 million to date and is on track to raise $1.5 million and even $2 million after listing on major level 1 exchanges. Hence, analysts are optimistic about the future of KangaMoon and predict that it could skyrocket to $1 by 2024. These aspects make it one of the top altcoins.
DeepFakeAI (FAKEAI)
DeepFakeAI (FAKEAI) is a program that allows anyone to create deepfake creations in just a few clicks through the use of both a Telegram Bot and a web Application. Anyone can be creative and make as many videos as they want, while also accessing developer tools.
Over the past 30 days, the DeepFakeAI cryptocurrency has skyrocketed 10,277.4%. Furthermore, it is up 121.7% on the weekly chart, rising from $0.03463 to $0.04385. These aspects make the FAKEAI token one of the best altcoins to buy in 2024.
Grape (GRP)
Grape (GRP) is a Web3 infrastructure for the decentralized internet and is a Layer-1 ecosystem that combines two proprietary solutions. These include dAG and AI, which will power much more complex decentralized applications (dApps). Furthermore, it achieves this through relying on a Directed Acyclic Graph (DAG), a math-based technology that creates asynchronous entries in a decentralized ledger.
Over the past two weeks, GRP prices have increased by 20.1%. Furthermore, on a weekly level, Grape cryptocurrency has increased from a low of $18.96 to a maximum value of $30.57 and could soon witness a significant spike and be one of the altcoins. best to see.
DexCheck (DCK)
DexCheck (DCK) is another altcoin that has received major attention. Its technology integrates all major blockchains and provides users with extensive and valuable insights. Furthermore, the platform is free to use and holders of its native cryptocurrency, DCK can access PRO features. These include private sales, Telegram bot revenue sharing, staking and DAO votes, among other types of support.
Over the past month, DexCheck's price has skyrocketed 255.8%, and over the past week, it has increased 62.1%. According to the chart, it rose from a low of $0.08712 to $0.1827. These aspects make it one of the top 5 altcoins to have.
Orion (ORN)
Orion (ORN) has gained a high reputation for being an open-source decentralized blockchain platform that serves as a liquidity aggregator for both centralized and decentralized exchanges. Through this, traders can access the best exchange rates from a great sample of platforms at any time.
The platform is designed to facilitate cryptocurrency users, traders and investors with the best possible rates and therefore, according to the data on the chart, year-to-date increases ( Its YTD) is 180.4%. Furthermore, over the past 30 days, Orion's price has increased by 154.4%, and over the past week it has increased by 20.9%. According to the weekly chart, ORN has risen from a low of $1.56 to $2.45, making it one of the best altcoins.