Altcoins
Major Newly Launched Altcoins Poised for 100x Surge in July
As the market witnesses a relief rally of undervalued tokens, meme coins will certainly lead the way. Being the best performing sector in the crypto world, hype-driven and community-driven coins are the go-to choice in 2024.
With big names like PEPE, WIF, BONK and more leading the way, some underappreciated small-cap meme coins offer huge upside potential. Amidst this, the massive rise in SMIDGE price hints at a massive bull run ahead. Additionally, the recently launched layer 2 Ethereum token, BLAST, offers immense potential on paper.
So, should you consider buying these coins ahead of the predicted bull run in the crypto world?
Surging bulls boost BLAST, massive rise in July
As a newly launched Layer-2 protocol, BLAST token is making waves right from its debut. Based on an Ethereum Layer-2 token, it has a USP with native yield for both ETH and stablecoins. Unlike the default zero percent interest provided by other L2s, BLAST offers a yield of 3.4% for ETH staking and 8% for stablecoin staking.
With a growing market cap, Blast stands at $429,464,831, with an intraday rise of 20%. The BLAST token is trading at $0.025 and maintains a bullish position from the first days of launch.
Therefore, while the broader market is poised to rally, BLAST’s rise may lead to a price rally to $1. The key catalysts to watch that could fuel the uptrend are the Ethereum ETF listing and the broader market uptrend.
Will SMIDGE Witness a PEPE-Like Bull Run?
Being a newly launched coin brings ups and downs for the token in the crypto market. With a trading volume of $1 million, SMIDGE price is trading at $0.0006787 with an intraday gain of 164%.
While SMIDGE’s limited price action prohibits technical analysis, the growing demand and 500% surge in one day signal a bull run ahead.
Smidge is a smaller, cuter version of the trendy and high-performing meme coin, PEPE. He comes from the 5th generation of the frog kingdom. Very expressive of his emotions, Smidge gained popularity and went viral on several platforms like 4chan and Reddit.
With the recent price surge supporting the bullish narrative, the uptrend in the coming weeks could lead to a massive rise in SMIDGE.