The Fear and Greed Index has risen 48 points since August, indicating that investors are optimistic about the future. Bitcoin has reached a new all-time high of $103,900, but it’s not the only cryptocurrency that could deliver big returns this season.
Altcoins may offer more upside due to innovative use cases, volatility (which turns professional in bullish times), and the opportunity for early entry. Let’s see which cryptocurrencies are most likely to explode next December.
- Cryptocurrency Stars (STARS)
- Wall Street Call (WEPE)
- Best wallet code (best)
- On networks (SUI)
- Ripple (XRP)
- Cardano (ADA)
- Hadera (HBAR)
1. Crypto All-Stars: Get your Meme Coins and earn Stake APY
All-star encryption MemeVault offers a standardized coin harvesting protocol, which allows degen investors to generate passive returns from their preferred tokens.
At launch, users will be able to stake 11 popular coins, including DOGE, PEPE, BRETT, and FLOKI. The project team will add support for more leading meme currencies in the future.
MemeVault debuted just in time for the new altcoin season Bitcoin dominance It decreased from 61% to 55% within two weeks.
Strategic timing reduces the risk of betting your meme coins, which are notoriously volatile. If you bet with a meme coin during a downtrend, you are essentially locking in your losses. But with the current uptrend, you can benefit from rising prices and Generate negative returns.
The platform’s native token, STARS, is currently available for pre-sale at $0.0016782. Although you don’t need to have it to use MemeVault, early STARS users will receive a higher APY. The token is scheduled to be claimed on December 19.
2. Wall Street Baby is democratizing cryptocurrency trading
While institutional investors line their pockets through coordinated actions, small fish have no way of predicting market movements. Wall Street Call (WEPE) On a mission to change this.
The WEPE Army declares war on inland whale populations. The project brings together a group of investors to share ideas and tested strategies to outperform hedge funds.
For a meme to be successful, it must have a strong community – that goes without saying. For this reason, WEPE incentivizes investor participation with 382% APY, as well as weekly market summaries. Early backers have staked more than 2 billion tokens so far.
WEPE’s pre-sale recently began and has already raised $1.4 million. WEPE now costs $0.000204, but the price will rise in three days.
3. The best cardholders get lower fees and higher rewards with the best wallet app
Best wallet It is a popular non-custodial cryptocurrency storage solution that allows you to buy, swap and stake assets across 60+ chains.
Through Best Wallet’s new pre-sale pool, users can participate in new projects in advance to support their growth and potentially secure higher gains when tokens are listed.
Its native token BEST was previously listed for sale at $0.022975. The project has already raised $2.5 million in funding, all of which will go toward product development and community incentives.
BEST holders will get early access to exclusive pre-sale offers and new features, along with lower transaction fees and higher staking returns.
Furthermore, the token holder community will determine the direction of the project by voting on key proposals regarding new features and partnerships.
4. SUI Up 557%, Passes $1.6B – Is $2B on the Horizon?
This season, we are seeing higher demand than ever for fast and scalable blockchain networks. Sui is a young tier-one network that has grown from US$151 million total value locked (TVL) in December 2023 to US$1.6 billion TVL in December 2024.
Sui’s native token, SUI, is up 557% over the year and just reached a new all-time high of $4.47. SUI’s 24-hour trading volume exceeds $3.68 billion, and its market cap stands at $12.08 billion.
The appeal of Sui Network lies in its object-centric data model, which allows for efficient and parallel transaction processing.
Technical details aside, Sui is an exceptionally fast chain that processes around 10,000 transactions per second (TPS). To put this into perspective, Ethereum only processes 12-15 TPS.
5. Ripple’s legal victory benefits XRP with 341% monthly growth
Ripple’s harsh corrections ended in a legal victory over the US Securities and Exchange Commission (SEC). As a result, XRP saw a monthly increase of 341% and is now trading at $2.35, 17% below the yearly high of $2.86.
Last week, XRP surpassed USDT in terms of market capitalization and became the third largest cryptocurrency. However, the coin has since rebounded to fourth place, which is still an impressive result.
Like Sui, Ripple’s proprietary layer 1 XRP Ledger network is extremely fast and scalable. Its focus on low-cost cross-border transfers has gained it the attention of traditional financial institutions such as American Express, Santander and MoneyGram.
6. Is Cardano the next Ethereum? ADA up 243% in November
Cardano’s ADA is another high-performing token that is up over 243% in November and shows no sign of stopping.
Cardano is very similar to Ethereum in that it uses a proof-of-stake (PoS) consensus mechanism and allows custom applications to be developed through smart contracts. However, Cardano’s multi-layer architecture makes it more scalable.
The network has $691M TVL and over 71K active wallet addresses. This is significant growth compared to the January 2022 TVL of just $1.4 million.
ADA’s technical indicators, especially oscillators and moving averages, indicate that the token will see further upside in the long term.
7. HBAR grows 502% in November, may reach new ATH soon
Hedera is among the fastest growing blockchains by TVL, with a monthly increase of 262%. While Hedera’s current TVL of $172 million is well below Sui’s, it could soon overtake competitors if it maintains this pace.
The reason behind Hedera’s growth is its energy efficiency, high degree of decentralization, and security, which is ensured by the Hashgraph consensus algorithm.
Hedera’s native HBAR token rose 502% last month and reached $0.2905, 49% lower than its all-time high of $0.5701 recorded in 2021. However, the token has great odds of regaining its peak this market cycle.
conclusion
As we head into 2024, we are seeing an undeniable demand for utility-based cryptocurrencies. Among existing projects, native tokens for scalable layer-one networks hold the greatest promise. It is very likely that the list of leading blockchains will change in 2025.
Meanwhile, new projects such as All-star encryption and Wall Street Baby Merging the appeal of a meme with use cases that strive to solve real-world problems.
Remember, diversification, risk management, and patience are the key elements to profiting from this rally and minimizing your losses.