The pre-halving bull run shows no signs of a halt as the global crypto market cap nears $2 trillion. While BTC is an excellent investment at this point, there are cryptocurrencies capable of outperforming it with higher upside potential.
Here are five low-cap altcoins to buy this month to ride the bull mania.
1. SMOG
SMOG is the latest meme coin sensation. A close analysis of the Solana-based meme coin project shows that it is preparing for a mega bull run that will soon unfold.
After surging close to 70% over the last seven days, SMOG is on a down tick. This provides investors with another low entry point into the project.
The upcoming rally of SMOG, predicted to go anywhere from 10X to 100X, will be catalysed by a much-awaited airdrop event. Once it goes live, the token price will prove to be too exorbitant.
Airdrops are so common in the meme coin market. So what is the big deal about it?
First of all, the airdrop aligns with SMOG’s unique dragon theme:
“The mighty Smog reigns over the crypto battlefield, incinerating all his foes. As the dragon fire burns, the Greatest Airdrop in History gathers pace. No other meme coin can survive the fiery flames. Buy and hold $SMOG to gain airdrop points and join the dragon in vanquishing his enemies!”
But equally importantly, the tokenomics is designed to fuel the momentum associated with the mega airdrop event, intensifying the growing anticipation within the community.
- 50% of the token supply is allocated to marketing initiatives
- 35% is earmarked for airdrop rewards.
Before the airdrop launch, SMOG has the potential to make its way to the third position on the meme coin chart.
The strategic allocation will ensure that SMOG stays in the limelight in the coming weeks and months. The dragon-themed concept behind the project injects a fresh narrative into the meme coin market, marking a departure from the prevalent dog-themed projects saturating the niche.
The website has launched a 10% discount for OTC purchase of SMOG.
2. Bitcoin Minetrix
The next is Bitcoin Minetrix ($BTCMTX), the viral new project that revolutionizes cloud mining through its stake-to-mine dashboard. The project aims to simplify access to Bitcoin mining—an industry that has long remained inaccessible to the masses due to the high technical and financial barriers.
The recent surge in interest in the project is largely fuelled by anticipation surrounding the upcoming Bitcoin halving event. It is set to halve mining rewards and potentially send BTC prices to new heights.
Historical data indicates Bitcoin halving events are often accompanied by broader market surges. Analysts and investors are wildly optimistic about the upcoming trajectory, with forecasts reaching $100,000 this year and even $200,000 by 2025.
Being a project aligned with this narrative, Bitcoin Minetrix strategically capitalizes on the excitement surrounding the halving event.
The presale of $BTCMTX tokens has already surpassed the $11 million mark. The strong demand suggests an early sell-out ahead of schedule, as investors hurry to secure the tokens at lower prices.
The long-term trajectory of Bitcoin Minetrix appears favourable. It decentralizes mining rewards and mitigates risks associated with third-party cloud mining scams. The innovative model that rewards mining credits in the form of non-transferable ERC20 tokens safeguards users against security threats.
Crypto analyst and YouTube influencer Michael Wrubel highlights the market relevance of Bitcoin Minetrix, stating that the project addresses a significant issue by eliminating the risk of third-party cloud mining scams and empowering token holders.
The Bitcoin Minetrix website is hosting the presale now with attractive passive rewards.
3. eTukTuk
eTukTuk is an electric vehicle (EV) project that directs its focus towards the Tuk-Tuk sector within developing economies.
The native token of eTukTuk is $TUK, which is often compared to Tesla (TSLA) due to its high market relevance and growth potential. The project’s goal is to help the highly energy-inefficient Tuk-Tuk sector move toward a more sustainable and eco-friendly system.
After five years of dedicated research and development, eTukTuk is entering the market with a presale investment opportunity. The tangible real-world impact of the project leaves a large room for growth.
Staking with rewards averaging around 200% APY is now live for early presale investors.
4. Meme Kombat
Meme Kombat ($MK) is another high-potential promising meme coin of this season. It hosts an AI-powered virtual battle arena where iconic meme coins engage in thrilling clashes. Users can bet on the outcomes of these battles with their $MK tokens.
It offers an exciting platform for meme coin community rivalry that unfolds on social media platforms. The virtual battleground will channel that into attractive rewards for $MK holders.
We are FAST approaching our final goal of $10million in the $MK presale👀
9.1 done and dusted. pic.twitter.com/Q9BXiDI4db
— Meme Kombat (@Meme_Kombat) February 18, 2024
5. SPONGEV2
We wrap up this list with SPONGE, another meme coin that is gearing up for an explosive price action. Recently, the project bridged from V1 to V2. It now allows users to earn staking rewards as Sponge V2 tokens.
The total SPONGE staked and bridged is worth a massive $10,509,382.23 now. If the track record of SPONGE is any sign, SPONGEV2 will be one of the biggest meme coin sensations in the upcoming week. The upcoming P2E game will catalyse the price action.
