While the crypto market experienced a several-day-long downturn leading up to Christmas, the holidays seem to have switched from bullish to bearish in a flash.
Bitcoin’s decline from its Dec 17 all-time high of $108,200 ended with a low of $92,000, which is when the largest cryptocurrency by market cap started reclaiming its recent price levels. As of Christmas Eve, BTC managed to push past the $98,000 and retain that position for close to 24 hours.
However, Christmas was not kind to only BTC – let’s explore a few other projects to keep an eye on during the holidays.
1. Wall Street Pepe (WEPE)
One of the most popular presales at the moment, Wall Street Pepe merges the viral Pepe meme with a tribute to Wall Street traders. Its mission is to help small meme coin traders beat whale traders by providing them with alpha calls, short and long calls, insider trading groups & competitions, and more – all for its army of WEPE holders.
The presale managed to raise over $36 million at a pace of about $2 million per day. With the project being so popular and its price increasing with each consecutive round, investors are eager to hop into the project and lock in the lowest price possible.
With strong community sentiment, solid utility, and an amazingly successful presale stage, WEPE is surely one of the main tokens to look out for during the holiday season and into the new year.
Visit Wall Street Pepe Presale
2. Solaxy (SOLX)
A relatively new addition to the list of presales, Solaxy is building the first-ever Layer-2 project on Solana’s blockchain. Its aim is to reduce or eliminate network congestion of the main chain, as well as increase its liquidity by providing a straight path from Solana to Ethereum.
Solaxy caught the eye of many investors exactly because of its utility, as Solana has suffered from numerous network congestions and spam transaction overloads despite its speed and throughput.
The project has already managed to raise over $5.3 million in just a week, as well as garner lots of attention from the crypto community. On top of that, Solaxy rewards its long-term holders with staking rewards of up to 757% p/a.
3. Flockerz (FLOCK)
Third on our list is none other than Flockerz, a fresh take on decentralized governance. Through its Flocktopia DAO, the project uses its vote-to-earn functionality to incentivize FLOCK holders to maintain their engagement in the initiative.
The bird-themed project managed to raise close to $8 million, signaling bullish sentiment. It’s also important to note that Flockerz rewards its users with large staking rewards and a current APY of 352%.
Flockerz has entered the final stages of its presale, with less than a month left to go. Its price is currently $0.00653, which will most likely be lower than its listing price.
4. Fartcoin (FARTCOIN)
The Christmas season seems to be the season of meme coins as well, and we couldn’t go without mentioning Fartcoin and its recent meteoric rise. The meme coin experienced strong upward momentum since early December (apart from one leg down), pushing up from $0.19 all the way to $1.2.
This not only increased its price and popularity, but also marked a huge milestone – breaking into the top 10 meme coins by market capitalization, as well as the top 100 overall crypto rankings.
With Fartcoin’s volumes still holding up strong, this meme coin should certainly be on your watchlist.
5. Gnosis (GNO)
Last but not least, we have a market leader in the field of multi-sig technology, Gnosis. Its token, GNO, experienced a market shift from bearish to bullish in September 2024 and has been trending up ever since.
More recently, GNO has been outperforming the market, gaining over 75% in the past 90 days.
With strong fundamentals surrounding the project, the increasing need for multi-sig technology, its recent price performance, as well as the fact that the token still has lots of room for growth, Gnosis is a strong contender for breaking into the market cap top 100 list.
