As you probably know, the crypto market is a giver of gems. And most times, these gems that go on to increase 10x, 50x, or 100x are usually altcoins that are relatively new to the market or have solid fundamentals.
In 2021, during the last bull market, cryptocurrencies like Polygon (MATIC), Solana (SOL), Dogecoin(DOGE), and Cardano (ADA) fell into this bracket. However, the next bull market which may likely happen after the Bitcoin (BTC) halving in 2025 may offer new tokens that may perform excellently and mint new millionaires for the market.
So, in this article, we will look at five altcoins with massive potential to provide you with incredible returns if you decide to accumulate and hold.
First on the list is Aptos which launched its Mainnet in the last quarter of 2022. As a project heavily funded by Venture Capitalists (VCs), Aptos employs a Rust-based programming language called Move to empower DApps in the web3 sectors.
With backing from a16z and Binance Labs, APT has been able to rise and become the 36th most valuable asset in terms of market capitalization. At the time of writing, the price of APT was $5.50.
Accoridng to CoinMarketCap, the value was a 34% decrease from its All-Time High (ATH). Therefore, it is likely that APT will resurge and break the ATH in the next bull market. For now, market participants can consider APT to be undervalued. And as long as the project continues to improve, the token also has potential to be profitable for long-term investors.
Arbitrum is another token that has proven to be extremely relevant to the market. Launched in March 2023, Arbitrum is an Ethereum (ETH) scaling solution whose main function is ensuring that transactions are processed fast and at cheaper costs.
To achieve this goal, Arbiturm uses optimistic rollups. Its governance token ARB allows holders to vote on proposals while Offchain Labs, the team behind the project, ensures that there’s a DAO checkmating decisions.
The price of ARB as of this writing was $0.89— a 92.08% drawdown from its ATH. Due to this massive decline, many parts of the crypto community believe that ARB is undervalued. The altcoin may also have a 10x to 20x potential due to its use cases.
At one point, Arbitrum had more transactions than the Ethereum Mainnet. Although its dominance has declined a little bit, it still has a solid community behind it. So, this is one altcoin to keep an eye on if you intend to make the most of the next bull market.
Like Aptos, Worldcoin is heavily backed by VCs. In fact, the project was co-founded by Sam Altman, the revered founder of the AI tool ChatGPT. But what exactly is Worldcoin?
Accoridng to the project, its mission is to build the world’s largest financial and identity network by offering every WLD holder ownership. In doing this, Worldcoin has a World App where users can verify their identity using an eye-scanning technology called the “Orb.”
However, Worldcoin has its troubles. Countries like France, Germany, and Kenya are concerned about users’ privacy. While Worldcoin has explained that users were safe, they have not been convincing enough.
Regardless, WLD remains a token with incredible potential as government concerns have not stopped its adoption. As of this writing, WLD was worth $1.28— an incredible 18.28% hike in the last 24 hours. Despite the hike, there is still a lot of social activity around the WLD as many investors seem to be watching out for it.
Optimism is a project similar to Arbitrum since it is also an Ethereum scaling solution. And like Arbitrum, Optimism uses optimistic rollups to improve speed and efficiency. OP has become a token that is dear to many in the crypto market, and the reasons are not far-fetched.
As one of the biggest scaling solutions, Optimism has become home to many Decentralized Exchanges (DEXes) including Uniswap and Synthetix. This impressive feature has ensured that activity on the network was much higher than other projects operating in the same terrain.
At the time of this writing, the price of OP was $1.33 and its 22.50% 30-day decrease makes it one token to look out for. While OP may have great potential, it is important for investors to watch out for development around the project before deciding to buy the token.
Last but not the least is the PEPE token. But this is not just an altcoin, it’s a memecoin with an incredible community of believers in the project. When PEPE came into the market in the first quarter of 2023, not many expected it to reach a $1 billion market cap. This was because the broader market was just exiting a bear phase, and expectations around any explosive increase were very low.
However, PEPE defied the odds, gaining as much as 7,000% within two weeks of its introduction. PEPE has had its own share of challenges especially as some in the founding sold most of their holdings. This action tanked the PEPE price, leaving the market cap at $311.50 million as of this writing.
Despite the internal problems, PEPE is still held in high esteem by the broader crypto community. As it stands the meme still has the potential to surpass the $1 billion market cap, and if the bull market comes earlier than projected, the token rally may be unprecedented.
To end this article, it is important for you to know that predictions are just what they are. There is no guarantee that the altcoins listed will eventually become a 100x token. However, the happening around the time of this writing propelled the projections.
Therefore, we encourage you to do your own research as this article should not be taken as financial advice. At the same time, this is not to say you shouldn’t watch out for the tokens listed above. See you in the bull market.