As the crypto market braces for the next bull cycle expected in 2024, investors are searching for promising tokens positioned for explosive growth.
This article explores nine overlooked tokens that showcase real-world utility and impressive fundamentals that could enable them to 10x soon.
1. Bitcoin Minetrix (BTCMTX)
First up is Bitcoin Minetrix (BTCMTX), which aims to address the shortcomings of the traditional cloud mining sector and make it more inclusive.
Bitcoin Minetrix is built on the Ethereum blockchain and is currently in its presale phase, having raised over $4.5 million thus far.
By introducing the concept of Stake-to-Mine, Bitcoin Minetrix seeks to open up BTC mining to the masses, which could be key ahead of the 2024 halving.
Not only that, but Bitcoin Minetrix includes a staking protocol that offers yields of 132% per year at the time of writing.
Early investors can buy BTCMTX tokens at bitcoinminetrix.com for $0.0119.
2. Meme Kombat (MK)
Meme Kombat (MK) is a blockchain-based gaming platform that combines meme culture with battle arenas.
The project aims to create an engaging gaming experience by leveraging AI technology to create hilarious battles that users can wager on using MK.
MK is the native token of the Meme Kombat ecosystem, used to pay battle rewards and within the platform’s high-yield staking protocol.
Meme Kombat has drawn massive attention due to its unique concept, with its Twitter following growing to over 9,100 people.
Early investors can buy MK tokens through the presale for just $0.214 during the current stage.
3. Bitcoin ETF Token (BTCETF)
Bitcoin ETF Token (BTCETF) is a crypto project that aims to capitalize on the anticipated approval of a spot Bitcoin ETF in the US market.
The project’s unique tokenomics model adapts to real-world events surrounding the ongoing ETF approval process.
This model is deflationary, with a burn mechanism that reduces the total token supply by 5% every time a specific milestone is achieved.
Additionally, BTCETF will have a 5% sell tax on transactions at launch – increasing the burn total even further.
Bitcoin ETF Token has already generated significant buzz within the crypto community, and investors can buy BTCETF for $0.005 during the current stage of the ongoing presale.
4. TG.Casino (TGC)
TG.Casino (TGC) is another project that could 10x in the next bull cycle.
It is a Telegram-based casino that offers multiple rewarding features, such as no-KYC betting and a staking protocol for TGC, the ecosystem’s native token.
Additionally, TG.Casino features a buyback-and-burn mechanism, where TGC tokens will be repurchased from the open market.
40% of these repurchased tokens will be burned – producing a deflationary effect that could enhance the token’s value over time.
TG.Casino’s presale has now raised over $3.1 million, and prospective investors can buy TGC tokens for $0.17 during the current stage.
5. Chainlink (LINK)
As the current leader in blockchain oracle services, Chainlink (LINK) provides data feeds to DApps securely and reliably.
Even as the amount of value secured by DeFi protocols continues to grow, many believe that the LINK token remains undervalued compared to its real-world utility.
With a whole host of potential addressable markets for Chainlink, like CCIP Readiness, the future looks bright for the project.
Additionally, LINK is still trading 72% below 2021’s all-time high – meaning interested investors can still acquire tokens at a discounted rate.
6. Illuvium (ILV)
Illuvium (ILV) is another token investors may wish to watch in 2024, given that it’s one of the hottest blockchain gaming ecosystems ever developed.
It offers stunning open-world RPG experiences on the Ethereum blockchain, allowing players to capture and battle unique NFT creatures called Illuvials.
Boasting AAA graphics and auto-battling combat, Illuvium has positioned itself as a standout project in the crypto gaming space.
As adoption continues to ramp up, ILV could become an enticing 10x investment bet for 2024 and beyond.
7. Blur (BLUR)
Blur (BLUR) is one of the fastest-growing NFT marketplaces, offering advanced trading tools to help traders optimize their profits.
By aggregating top markets like OpenSea and providing real-time analytics, Blur allows users to execute instant arbitrage opportunities to make gains.
Despite raising millions from venture capital firms, many believe Blur remains undervalued, given its first-mover advantage in multi-market aggregation.
The BLUR token is trading around $0.512, yet it has soared over 110% in the past month – highlighting the growing investor interest.
8. Carbon Browser (CSIX)
As the first Web3 browser with crypto features built-in, Carbon Browser (CSIX) aims to bring DeFi, NFTs, and the metaverse to the mainstream.
Allowing users to earn rewards for browsing, Carbon’s innovative model incentivizes users worldwide to adopt Web3 tools.
Despite raising over $600,000 in early funding, CSIX still has a small fully-diluted market cap of $87 million.
As the team looks to roll out mobile apps and strike partnerships with metaverse projects, Carbon Browser has positioned itself as a potential 10x crypto in 2024.
9. Coldstack (CLS)
Lastly, Coldstack (CLS) is a decentralized cloud storage aggregator that simplifies accessing storage networks like Filecoin.
Coldstack allows users to tokenize files as NFTs and retain control of their data by optimizing storage costs through AI.
Despite integrations with major chains like Ethereum and Polkadot, CLS has a market cap of just $353,000 – and a fully diluted market cap of $11.8 million.
With data privacy becoming an increasing concern for many people, Coldstack’s groundbreaking features position it as another low-cap gem worth watching in the coming weeks.
