- PEPE’s Bullish momentum is attracting both retail and institutional investors in droves.
- SHIB whale activity surged 2,944%, indicating confidence and potential price rally ahead.
- Unlocking 18.53 million ADA tokens could positively impact price and market standing.
Web 3.0 leverages blockchain technology to create decentralized protocols and applications through cryptocurrency tokens. With the anticipated rapid growth of Web 3.0 cryptos over the next decade, this guide reviews three web 3.0 altcoins to thrive in Q4 of 2024 and beyond: PEPE, SHIB, and ADA.
Pepe (PEPE): Riding the Bullish Wave
Source: Trading View
Priced at $0.000085 as of writing, Pepe (PEPE) boasts a market cap of $3.61 billion, securing the 25th position in overall rankings. The last 24 hours have seen trading volumes soar to $1.18 billion, indicating heightened interest among investors.
PEPE’s total circulating supply stands at 420.69 trillion tokens, making up its entire supply. The fully diluted market cap mirrors this figure, suggesting stability in a volatile environment.
After recovering from previous lows, PEPE has attracted both retail and institutional investors. Meme coins are once again gaining traction, investors are eager to explore this niche, and PEPE is emerging as a leading contender.
Shiba Inu (SHIB): Whale Activity Signals Opportunity
Source: Trading View
Shiba Inu (SHIB) has seen a remarkable shift in whale activity, with netflow surging 2,944% in just 24 hours. This increase suggests growing confidence among large holders, hinting at a potential price rally for this popular meme coin.
Data from IntoTheBlock indicates that 322.7 billion SHIB tokens flowed into a whale wallet, a stark contrast to the previous day’s -10.96 billion. The surge in token transactions signifies a bullish sentiment among whales.
Additionally, SHIB has bounced back from a six-month decline, climbing over 40% to reach a peak of $0.0000217. This shift in sentiment may suggest more positive movements ahead for SHIB.
Cardano (ADA): Unlocking New Potential
Source: Trading View
On October 2, Cardano will unlock 18.53 million ADA tokens, roughly 0.5% of its total supply. This release is estimated to be valued at around $7.37 million, generating excitement within the Cardano community.
The implications of this token release are significant. Notably, analysts predict that this unlock could positively impact Cardano’s price and market standing.
PEPE, SHIB, and ADA stand out as promising Web 3.0 projects to keep an eye on in Q4 and beyond. Their recent developments and market trends suggest they could shine brightly in the evolving cryptocurrency landscape.
The post 3 Web3 Projects Poised to Thrive in Q4 and Beyond: PEPE, SHIB, ADA appeared first on Crypto News Land.
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