With the crypto market briefly reaching the $3 trillion mark, the upside potential is uncharted in the crypto industry. With the growing institutional support, the broader market sentiment has significantly increased.
Amid such conditions, many new altcoins are creating new all-time high levels and continuing to soar. However, smart money is on the lookout to find the next big thing in the crypto world. So here are the three potential altcoins that could become the next big thing in the crypto bull market.
Top Altcoins to Become the Next BIG CRYPTO:
SUI (SUI)
Starting with SUI, regarded as a potential Solana Killer, which is slowly inching closer to its main competitor, Ethereum. SUI is trading at $3.05 and has increased by 300% since the year to date. In the daily chart, it has surpassed the 1.618 Fibonacci level and gives a retest with an evening star pattern.
The lower price rejection in the bearish candles projects a high possibility of a bullish turnaround. Based on the Fibonacci levels, the upside target for SUI stands at $4.57 or the 2.618 Fibonacci level.
However, compared to Solana and Ethereum, the SUI is still a growing ecosystem and has massive upside potential. Using the same tool in the weekly chart reveals an upside target of $18.66.
Hence, with an upside potential of approximately 500%, SUI could become the next big crypto.
Curious about SUI future price targets? Find out more in out latest SUI price prediction.
GRASS
GRASS is a new decentralized application. This decentralized app allows users to share their unused bandwidth for incentives. The network allows bandwidth sharing after allowing verified institutions and rewards the users directly for their online services.
Currently, GRASS is trading at $2.83 and has increased by 325% from its all-time low of $0.655. With a market cap of just $684 million, it is a quickly rising decentralized application.
In the daily chart, the GRASS token shows massive upside potential. Based on the Fibonacci retracement level, the upside potential in GRASS is at 1.618 Fibonacci level, priced at $7.84.
Hence, with a massive upside of nearly 200% amid the growing DeFi network, this could be the next big DeFi crypto.
Peanut the Squirrel (PNUT)
The new meme coins are finding a favorable environment to scale higher in the growing meme coin market. As a newly launched meme coin, PNUT has increased significantly since its release.
Starting at $0.1047, it has increased by nearly 1000% and is currently trading at $1.2570. With its recent listing on Binance, the meme coin has hit the jackpot of community hype.
With the growing hype and the rising community support, the PNUT token shows potential for a massive surge. Considering the bull run continues, it could reach the $4-$5 mark by the end of the year.
Hence, PNUT could be the next big crypto with a high momentum rally amid the growing meme coin market.
FAQs
SUI is dubbed the “Solana Killer” and has shown a 300% year-to-date increase. With upside targets of $4.57 and $18.66 based on Fibonacci analysis, it’s a strong contender in the altcoin space.
Starting at $0.1047, PNUT has surged nearly 1,000% to $1.2570, supported by its Binance listing and strong community backing. It could reach $4-$5 if the meme coin bull run persists.
GRASS allows users to share unused bandwidth for rewards, positioning it as an innovative DeFi solution. With a 325% increase from its all-time low, it shows a nearly 200% upside potential to $7.84.
