The cryptocurrency market is currently buzzing with anticipation as analysts project significant shifts in the altcoin sector following a recent halving event. This article delves into the excitement by exploring the top gainers to watch this week. These are the assets investors simply can’t afford to overlook, as they appear primed for explosive growth. So, let’s dive in and uncover the potential gems awaiting discovery in the dynamic world of cryptocurrency!
Top Weekly Crypto Picks Poised for Growth
Crypto enthusiasts are constantly in search of cryptos poised for growth. With the 2024 bull run picking up speed, there’s a surge in interest surrounding tokens priced below $10. These budget-friendly alternatives present a distinct opportunity for newcomers seeking entry into the market or for seasoned investors aiming to diversify their portfolios. These are the top crypto gainers to watch this week:
- Dogeverse ($DOGEVERSE)
- Slothana ($SLOTH)
- Sponge V2 ($SPONGE)
- Akash Network (ACT)
- Bonk (BONK)
- NEAR Protocol (NEAR)
Take a closer look at the top weekly crypto picks, and don’t miss out on the opportunity to add them to your portfolio!
- Dogeverse ($DOGEVERSE) –Multichain Meme Coin That Hit $10 Milllion Milestone
Dogeverse pioneers blockchain interconnectedness, inviting investors into a realm infused with Doge culture and memes. Anchored by Cosmo-Doge, this project transcends traditional boundaries, enabling seamless traversal across prominent blockchains like Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
Apart from its user-friendly interface, $DOGEVERSE entices investors with concrete financial incentives through token staking, enabling them to earn passive rewards with promising “community incentives” looming ahead. With an impressive 104% annual return on staked tokens, it presents an appealing opportunity for early adopters. In terms of tokenomics, a total of 200 billion tokens will be issued. Dogeverse recently hit a $10 million milestone, showing that it is one of the cryptos poised to explode. The current price of $DOGEVERSE is $0.000301, but its price will increase soon, so make sure you secure your portion in time!
- Slothana ($SLOTH) – Meme Coin With More Than $15 Million Raised
Slothana is one of the newest meme coins, bringing a new theme to the market with so many dog-themed meme coins ruling the scene. It introduces a sloth aiming to break free from his office work, instantly capturing viewers’ attention.
Humor plays a pivotal role in Slothana’s identity, as evidenced by its transformation into a horse-riding knight leading troops into battle, stirring anticipation for its imminent conquest, or the Godfather theme bringing in the offer investors can’t refuse. These viral depictions only amplify the excitement among community members eagerly anticipating its official launch. Its current price is 0.02034. More than $15 million has already been raised, and the launch is just a few days away, which is why $SLOTH is one of the top crypto gainers you should keep on your radar!
- Sponge V2 ($SPONGE) – Unique Meme Coin Embracing Stake2Bridge Utility
Sponge V2 emerges as the sequel to the widely lauded Sponge Token, which made waves last year by paying homage to the beloved SpongeBob. With Sponge V1 tokens currently discounted and only Sponge V2 available for purchase, the bridging of over 18 million tokens underscores the meme coin’s immense popularity. This project sets its sights on a $100 million market capitalization and is on track to reach this significant milestone.
The forthcoming play-to-earn (P2E) feature will allow skilled players to test their abilities within the game and earn tokens as rewards for their prowess. Both free and paid versions will cater to players’ preferences, offering varying levels of immersion and earning opportunities. The current price of $SPONGE is $0.001614, so secure your portion before it’s too late!
- Akash Network (ACT) – Crypto Promoting Competitive Cloud Services Market
Akash stands as an open-source, decentralized cloud computing platform constructed with the Cosmos software development kit (SDK) and operationalized on the Cosmos blockchain. Offering the flexibility to deploy any cloud-native application, Akash enhances price performance and scalability for decentralized applications and organizations within its network.
It seamlessly integrates with numerous existing cloud applications, enabling businesses to actively engage in the decentralized cloud computing market. According to the data available at the time of writing, ACT’s current value is $4.88. This cryptocurrency is stirring up conversations with its 29.95% price increase during the past seven days, which is why it is one of the top picks for this week.
- Bonk (BONK) – Meme Coin Aiming to Become Solana’s Community Coin
The BONK project seeks to establish itself as a “community coin of Solana,” intended for utilization across various decentralized applications (DApps). BONK aims to disrupt the prevailing paradigm of “predatory VC (venture capital) tokens” that have exploited the broader Solana community, aiming to return power to the people.
To achieve this, BONK plans to distribute 50% of its total supply through airdrops to “NFT degens and DeFi traders,” as well as to artists and collectors active within the Solana ecosystem. BONK’s current price is $0.00002565, and its value has pumped by 80.18% in the last seven days, earning it a place among the top crypto gainers this week.
- NEAR Protocol (NEAR) – Utility Token For Paying Transaction Fees and Storage
NEAR Protocol is a software solution designed to facilitate a platform for developers to craft and introduce decentralized applications. At the core of the NEAR Protocol lies the principle of sharding, a method intended to divide the network’s infrastructure into multiple segments.
This allows individual computers, or nodes, to manage only a portion of the network’s transactions, thereby enhancing efficiency and scalability. The price of NEAR is $7.06 at the time of writing, and its price has increased by 27.50% during the past seven days, so keep a close eye on it!
Conclusion
This week has surely been an interesting one since it is right after Bitcoin Halving. The excitement has been high, and it is undoubtedly reflected in the entire crypto market. $DOGEVERSE, $SLOTH, $SPONGE, ACT, BONK, and NEAR are top gainers this week primed to capture attention and potentially skyrocket in the near future. As investors keep a keen eye on the crypto market, these assets are positioned for significant growth and could be lucrative opportunities to explore, so don’t miss out!
Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
