Altcoins
Newly launched top Altcoins are poised for a 100x surge in July
As the market witnesses a relief rally in undervalued tokens, meme coins will surely lead the way. As the best-performing sector in the cryptocurrency world, hype-focused community-driven coins are the choice to take in 2024.
With top names like PEPE, WIF, BONK, and others leading the way, some undervalued small-cap meme coins offer massive upside potential. Amidst all this, the massive SMIDGE price surge hints at a massive bull run. Additionally, the recently launched Ethereum layer-2 token, BLAST, offers immense potential on paper.
So, should you consider buying these coins ahead of the expected bull run in the cryptocurrency world?
Booming bulls push BLAST, massive rally in July
Being a newly launched layer 2 protocol, the BLAST token is making waves in the early days. Based as an Ethereum Layer-2 token, it has a native yield USP for both ETH and stablecoins. Unlike the default zero% interest provided by other L2s, BLAST offers a yield of 3.4% for staking ETH and 8% for staking stablecoins.
With a growing market cap, Blast stands at $429,464,831, an intraday increase of 20%. The BLAST token trades at $0.025 and maintains a bullish position in the first days of launch.
Therefore, as the broader market is poised to recover, the bull run in BLAST may result in a price jump to $1. The main catalysts to watch out for that could fuel the uptrend are the Ethereum ETF listing and the market’s broadest bull run.
Will SMIDGE witness a PEPE-like bull run?
Being a newly launched meme coin brings ups and downs for the token in the cryptocurrency market. With a trading volume of one million dollars, SMIDGE price is trading at $0.0006787 with an intraday gain of 164%.
While SMIDGE’s limited price action prevents any technical analysis, the increased demand and 500% one-day surge hint at a bull run ahead.
Smidge is a smaller, cuter version of the trending and high-performing meme coin, PEPE. He comes from the fifth generation of the frog kingdom. Being highly expressive of his emotions, Smidge gained popularity and went viral on multiple platforms such as 4chan and Reddit.
With the recent price increase supporting the bullish narrative, the uptrend in the coming weeks may result in a massive upside jump in SMIDGE.