Bitcoin has broken its all-time high (ATH) for the third time in 24 hours.
As the crypto market continues to show strong momentum following Donald Trump’s election win, which coins could give the most gains going forward?
BTC Explodes After “America’s Most Pro-Crypto Congress” Gets Elected
Not only did Donald Trump win the presidential race yesterday, but most elected congressional members were pro-crypto.
This removes what could have been a major choke point for Trump and other crypto advocates in creating a brighter future for the industry inside the United States.
Over 240 pro-crypto candidates were elected to the House of Representatives and Senate, which Coinbase CEO Brian Armstrong called “America’s Most Pro-Crypto Congress.”
As such, the price of Bitcoin and other crypto assets has rallied, fueled by anticipation of an economic boom as the industry’s long-standing legal fights get overturned.
Currently, Bitcoin is trading at $75.5K, having recently topped its previous ATH by hitting $76.4K. It is up 6% today, 4,2% this week, and 20.4% this month.
Similarly, the broader crypto market has also seen big gains.
Ethereum is leading the way among large caps with a 13% pump today. Meanwhile, Solana is up 9.6%, and BNB is up 5.3%.
Yet, the low-cap projects are making the most gains. Simon’s Cat has soared 27%, and Peanut the Squirrel is up over 100%.
4 Altcoins That Could Explode
Here are four coins that could prove smart investments as the crypto bull rally continues.
Pepe Unchained
Pepe Unchained is a viral presale building the first Ethereum layer 2 blockchain for meme coins.
The ‘Pepe Chain’ will be 100x faster and much cheaper than Ethereum, making on-chain transactions frictionless, even for the smallest of traders.
They’ve already raised a staggering $25 million, but the project is heating up after revealing a launch pad app that allows everyday users to create their own meme coins in two clicks.
This is akin to Solana’s pump.fun, which has birthed multiple success stories like Goatseus Maximus, Fwog, and Moo Deng.
But, since Pepe Unchained’s launch pad is in the Ethereum ecosystem, it benefits from Ethereum’s high liquidity and strong user base while delivering lower fees.
The current $PEPU presale price is $0.01229, but this will rise throughout the ICO, with the next increase in one day.
Crypto All-Stars
Crypto All-Stars is another meme coin-focused infrastructure project. They’re building a unified staking protocol that lets users generate passive income on their joke tokens.
This year, the meme coin space has become much more comprehensive, reflected by projects like Crypto All-Stars and Pepe Unchained.
With Crypto All-Stars, users who hold $STARS tokens can deposit Dogecoin, Shiba Inu, Pepe, Mog Coin, Bonk, and more to earn passive $STARS rewards in return.
However, their rewards are proportional to how much $STARS they hold. This creates an environment where holders of all the top meme coins compete for a single crypto asset.
And supply will be limited as well. That’s because users can also stake their $STARS tokens for more rewards. $STARS staking is live and offers a 500% APY.
The project is undergoing a presale and has raised $3 million so far. The current price is $0.0015494, but this will rise in two days.
Visit Crypto All-Stars Presale
Injective Protocol
Injective Protocol is a layer 1 blockchain that focuses on decentralized finance and interoperability. It also offers AI tools to enhance users’ DeFi activities.
INJ was a top-performing crypto asset in 2023, outpacing most other major cryptocurrencies. However, it struggled to stay afloat amid the crash in 2024, falling from being a top 25 cryptocurrency to the 42nd most valuable today.
That said, the momentum is turning for INJ. It’s outpacing tokens of a similar market cap today and is currently up 19%.
This could mark a shift in its trajectory, where traders begin reentering thanks to the bullish market environment.
Injective Protocol has robust fundamentals, with features like token burns, an expansive ecosystem, and compatibility with both the Cosmos and Ethereum ecosystems.
The project is currently priced at $21.66 with a $2.14 billion market cap.
Fartcoin
As mentioned, Goatseus Maximus is one of the leading meme coins born on Solana’s Pump.fun meme coin generator app. Its success was due to its being an AI-related meme coin continually shilled by the social media account Truth Terminal, which is an AI chatbot.
Goatseus Maximus now has over $700 million, but Fartcoin is another AI-related meme coin with a much lower market cap and serious momentum.
Given the market’s fixation on AI and meme coins in 2024, this is a perfect growth scenario.
Fartcoin is a Solana-based meme coin created based on a conversation between AI chatbots. The entire discussion is available on the project’s website.
Currently, it’s trading at $0.0015494, up 4% today and 102% this month. It has a $58 million market cap and a $35 million 24-hour trading volume.
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