With Bitcoin coiling under its all-time high (ATH) for the last four months, the clock is ticking for its next breakout.
Indeed, a breakout is bullish for cryptos across the board, with Bitcoin’s vast liquidity trickling down into altcoins.
But not all altcoins will benefit equally.
Factors like market cap, narratives, and use cases will all cause some altcoins to outperform others.
With that in mind, let’s explore the altcoins with the most potential.
PlayDoge
PlayDoge is an emerging Play-to-Earn (P2E) meme coin currently undergoing a presale that’s raised over $5m.
Its rampant early success suggests a vast market interest and lays the way for price gains once it launches on exchanges.
For that reason, it’s our top altcoin pick to buy ahead of the next crypto bull run.
The project’s bread and butter is a Tamagotchi-inspired game where users care for a virtual pet, engaging with it to make sure it’s happy and healthy.
Users will generate XP for interacting with their pets, which pushes them up the platform’s leaderboard and allows them to earn $PLAY.
Alongside its meme coin allure, $PLAY has numerous utility-driven demand sources.
For instance, users must hold it to receive crypto rewards. They can also use it for in-game purchases and staking.
Bringing these factors together, there’s every chance the PlayDoge price will explode after its exchange launch.
Investors can buy $PLAY at presale for $0.00513, but this price will rise throughout the campaign.
Kaspa
Kaspa is a layer 1 blockchain cryptocurrency aiming to solve the “blockchain trilemma” through a unique technology called BlockDAG.
It’s been on a huge tear since its inception in 2021, but things have started to heat up as a prominent Bitcoin miner, Marathon Digital Holdings, has diversified by mining $15 million worth of KAS.
The move reflects Kaspa’s significance in the current market landscape. Its decentralized, scalable, and secure protocol presents a game-changing innovation for micropayments.
According to its website, Kaspa can facilitate a whopping 3,000 transactions per second. This makes transacting on the network a fraction of the cost of other networks while retaining unparalleled decentralization and security.
KAS is currently the best-performing top 100 cryptocurrency this week, up 16%. It is also up 6% today.
The project holds a $4.1 billion market cap, making it the 24th-largest crypto and a $166 million 24-hour trading volume, up 178% today.
Injective Protocol
Injective Protocol is another top-performing crypto this week. While its gains are not quite as strong as Kaspa’s, they have come when most other cryptos are in the red, reflecting strong market interest.
Injective Protocol is a DeFi-focused layer 1 network that connects to EVM, Solana, and Cosmos ecosystems, providing unprecedented interoperability.
Like KAS, INJ has succeeded this week thanks to a big ecosystem development.
Injective’s major news is the project nodding toward a partnership with the popular AI cryptocurrency Fetch.ai.
The actualities of this collaboration remain to be seen, but on-chain sleuth Iryna highlighted that Injective’s developer commits have soared recently.
With its juncture as an interoperable DeFi protocol and now exposure to the AI narrative, INJ has all the tools to soar in the next bull rally.
INJ is currently trading at $23.58, up 3.7% today and 6.2% this week. It holds a $2.1 billion market cap and a $104 million 24-hour trading volume.
99Bitcoins Token
99Bitcoins token is another crypto presale showing massive potential. The project was launched by the illustrious media outlet 99Bitcoins.
Thus, its early stage presents traders with a unique opportunity to invest early in a crypto with a proven team.
$99BTC will power 99Bitcoins’ new Learn-to-Earn layer, which, as the name indicates, rewards users for learning about cryptocurrency.
It has a gamified underpinning, with users racking up XP points for completing quizzes, tutorials, and modules. These points translate into crypto rewards.
$99BTC is the platform’s native utility token, meaning its demand will align with the platform’s popularity.
The presale is available on the Ethereum and BSC networks, but $99BTC will also launch under Bitcoin’s BRC20 provision.
This will open the project to a new ecosystem and Bitcoin’s $1.2 trillion liquidity, skyrocketing its growth potential.
However, those seeking to buy 99Bitcoins token should act quickly because the price will rise throughout the presale, which has already raised over $2m. The next uptick will take place in five days.
Brett
Brett is crypto’s sixth-largest meme coin, and it has enjoyed monumental success recently.
It is the top meme coin on Coinbase’s decentralized blockchain, Base, which has provided vast interest.
Coinbase recently launched a “Smart Wallet,” which gives its users seamless access to buy on-chain cryptos.
The Smart Wallet does not require users to manage seed phrases or pay gas fees.
Brett has been the bearer of advertisement on the new wallet, translating to relentless buy-side demand.
Unlike most blockchains, Base does not have a native coin. This means those seeking exposure to the ecosystem’s growth may invest in Brett, suspecting its price will rise alongside Base’s adoption.
That’s proved instrumental for Brett recently, with its price up over 100% this month. It currently holds a $1.5 billion market cap and a $42 million 24-hour trading volume.
