The cryptocurrency market recently suffered a massive blow, losing nearly $500 billion in value. Bitcoin dropped about 8%, while altcoins faced steeper declines of 10% to 20%. Amid this downturn, experts have identified eight altcoins with strong growth potential in the next bull run. Let’s take a closer look at these promising picks.
1. Ondo (ONDO)
Ondo Finance is making a name for itself in the Real World Asset (RWA) sector with its innovative stablecoin solutions. Supported by major players like BlackRock, ONDO is attracting significant investment. Currently priced at $1.75, analysts predict it could rise to $5–$10 in this market cycle.
2. Injective (INJ)
Injective price has dropped by more than 18% in the past 7 days, crashing the brief $27 mark, echoing the bearish sentiment. Amid this drop, and the rising popularity of AI in blockchain, INJ remains a solid pick.
3. MOVE
Movement Labs, the first “Move-EVM” Layer-2 on Ethereum, shows promise. If bullish trends continue, it could retest $1 and potentially rise past $1.45.
4. Sui (SUI)
Sui, a layer-1 blockchain, has gained traction for its focus on security and efficiency in digital asset ownership. Currently, SUI is trading around $3.77 reflecting a rise of almost 16% in the month with a market cap of $11 billion
5. HyperLiquid (HYPE)
HyperLiquid has grabbed the attention with its recent $1.8 billion token distribution, one of the largest airdrops in the crypto industry. With a market cap of $3.83 billion, HYPE is expected to Hit $20 soon.
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6. PEAK
PEAK, with its strong fundamentals and growing ecosystem, has been highlighted as a token to watch. As of now, it is trading around $0.00048 reflecting a drop of 1%.
7. THENA
THENA has emerged as a hidden gem in the crypto space, gaining traction for its unique approach to decentralized finance.
8. Jupiter (JUP)
Lastly, we’ve Jupiter, known for its scalability and innovative solutions, JUP stands out as an altcoin with significant potential in the next market uptrend. Currently, Jup stands at $1.1 reflecting a rise of 9% in the last 24 hours with a market cap of $1.5 billion
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While the recent market slump has caused widespread concern, these eight altcoins could offer significant opportunities in the next bullish phase.
FAQs
Top altcoins to consider include Ondo (ONDO), Injective (INJ), and Jupiter (JUP) due to their strong potential for growth in the next cycle.
Despite recent drops, Injective’s connection to AI in blockchain and market resilience makes it a solid pick for future growth.
Sui’s focus on security and efficiency, combined with a 16% rise this month, makes it a promising altcoin for the upcoming market cycle.
