The Next Kaspa? These 3 Altcoins Are Gearing Up for 100x Gains In 2024

A few days ago, my good friend asked me – which altcoins are the ones with the biggest gains and technicals this bull run? I didn’t have any doubt – it’s Kaspa.

This altcoin produced 100x gains in 2023 and early 2024 and is still one of the best-performing altcoins on the market. Even during these boring conditions.

However, if you’re looking for a top crypto to buy now for 100x gains, Kaspa might not be the right choice. At the end of the day, we’re talking about a $4 billion market cap coin now.

So, what’s the next Kaspa? Let’s have a look at the top altcoins to buy now.

Alephium (ALPH)

Alephium (ALPH) is a next-gen Layer 1 blockchain that’s caught my eye recently. It’s tackling the big three issues in blockchain: scalability, security, and decentralization. And boy, is it doing a good job.

What really sets Alephium apart is its BlockFlow sharding algorithm. It’s like slicing up the blockchain into smaller, more manageable pieces. This clever trick allows for parallel processing, pushing Alephium’s throughput to an incredible 10,000 transactions per second. Compare that to Bitcoin’s measly 7 TPS, and you’ll see why I’m excited.

But it’s not just about speed. Alephium uses the UTXO model, just like Bitcoin. This means each transaction stands on its own, making the whole system more secure and efficient. It’s perfect for dApps and DeFi projects.

And let’s talk about their Proof-of-Less-Work consensus mechanism. It’s like Proof-of-Work but way smarter. It adjusts mining difficulty on the fly, cutting energy use by 87% compared to traditional PoW systems. That’s huge in today’s eco-conscious world.

When it comes to technicals, ALPH is the closest thing I’ve found to Kaspa. And at a $129 million market cap? That’s seriously undervalued in my book. We’re talking about a project that’s solving real problems and has the potential to reshape the industry, similar to Kaspa. If Alephium can deliver on its promises, that market cap could easily multiply several times over.

Read also: This Analyst Shares Cryptos to Watch This Week – BTC, AVAX, ARB, and Others

PandaWorld (PADW)

Besides Kaspa, meme coins also produced the biggest gains this bull run. Due to this, one meme will make our list of top altcoins to buy now that could mirror Kaspa’s success and produce 100x gains this year.

It’s PandaWorld’s PADW token. This is a super early stage project currently in presale with over $100,000 raised already.

The $PADW token is at the heart of PandaWorld’s ecosystem. It’s not just another meme coin; it’s got real utility. Players can earn $PADW by diving into games, and then use it to snag in-game items, stake for benefits, or cover transaction fees. It’s like a little economy all on its own.

Source: PandaWorld

Now, let’s talk about the fun stuff. PandaWorld is built around a story of six panda siblings. It’s not just games; it’s a whole entertainment package. You can play, gamble, and get involved in all sorts of activities that use the $PADW token. It’s like Disneyland, but for crypto enthusiasts.

One of the main attractions is their turn-based RPG. Picture this: you’re on quests, collecting cards, and building teams to conquer different game stages. And the best part? You’re earning rewards just by playing. It’s like getting paid to have fun.

But wait, there’s more. PandaWorld also has a casino platform. Now, I know what you’re thinking – another crypto casino? But here’s the kicker: they’re using blockchain tech to make sure everything’s fair and transparent. No funny business here.

And for those who like to play the long game, there’s staking. You can lock up your $PADW tokens and earn interest. It’s a neat way to grow your stash while supporting the ecosystem.

Read also: Kaspa Price Prediction – These Signals and Bitcoin Correlation Hint at Potential KAS Breakout

LayerZero (ZRO)

Another altcoin I feel is pretty undervalued right now is LayerZero’s ZRO. Market cap is above $300 million, but this should be a billion-dollar coin in the making.

LayerZero (ZRO) isn’t your typical blockchain. In fact, it’s not a blockchain at all. It’s more like a super-connector for the blockchain world. Think of it as the internet protocol, but for different blockchains.

What makes LayerZero stand out is its focus on omnichain interoperability. In plain English, it’s trying to solve the big problem of blockchain fragmentation. Right now, different blockchains are like islands. LayerZero is building bridges between them, allowing dApps to work across multiple chains without breaking a sweat.

Source: layerzero.foundation

The secret sauce here is their Ultra Light Nodes (ULNs). These are smart contracts that act like communication hubs across different blockchains. They validate messages and transactions using block headers and proofs, making cross-chain interactions faster and more efficient.

LayerZero also has a decentralized oracle network. These oracles are like blockchain interpreters, listening to one chain and relaying info to another. This setup means there’s no single point of failure, making the whole system more reliable and secure.

One cool feature is how LayerZero handles message verification and execution. They’ve split these into separate steps, giving developers more control over security settings and execution processes. It’s like having a customizable security system for your cross-chain communications.

And let’s talk speed. LayerZero can handle a ton of messages by processing them out of order. This might sound chaotic, but it actually makes everything run smoother and faster. For dApps that need to stay snappy, this is a game-changer.

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Disclaimer: Do your own research before investing in any of the projects mentioned in this article. This article is not an investment advice.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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