Bitcoin has just reclaimed the $95K mark despite bad economic data emerging from the US yesterday. This reflects the market’s optimistic sentiment and marks another step toward the next bull market rally.
The $95K mark is crucial in Bitcoin’s trajectory. Hold above it, and a new all-time high (ATH) is within reaching distance.
With that in mind, let’s look at some of the best cheap crypto to buy and capitalize on the current trend.
Sei
Investing in cheap layer 1 blockchains often yields big gains. For instance, if you invested in Sui one year ago, you’d now be sitting on a 212% gain. But looking ahead, Sei may be a better option.
Both projects have similar characteristics: they’re fast and low-fee layer 1 blockchains – but Sei has a lower market cap and will soon be faster.
Sei is building toward a maximum theoretical capacity of 250,000 transactions per second (TPS), while Sui’s is 197,000.
But despite Sei’s advantage in speed, its market cap lags behind. While Sei is worth $1.1 billion, Sui is worth 10x more at $11 billion.
We can’t compare speed and market cap and deduce that Sei should be worth the exact same as Sei; other factors such as value capture and adoption also come into play. However, this does paint a clear picture that Sei has serious untapped potential right now.
BTC Bull Token
BTC Bull Token is another cheap project that could be massively undervalued. And it might have room for a lot more than a 10x gain.
It’s a Bitcoin-themed meme coin built on the Ethereum blockchain – and it’s the first-ever cryptocurrency to pay its holders real Bitcoin rewards.
The project will track Bitcoin’s price and run $BTC and $BTCBULL airdrops at key milestones, starting when it hits $100K. These airdrops will continue with every $50K price increase afterwards until Bitcoin hits $1 million.
Per its website, 15% of the total $BTCBULL supply is reserved for the “BTC Fund,” which will be exchanged for Bitcoin and airdropped to holders.
Right now, the project is undergoing a presale, where it has raised $5.1 million.
In the last cycle, Dogecoin reached a $73 billion market cap without utility or community rewards.
So, considering that the leading cryptocurrency backs BTC Bull Token and it has raised just $5 million so far, this could prove one of the most undervalued cryptos on the market.
Troll
Troll is a new Solana-based meme coin inspired by the “Troll Face” meme.
The meme originated in 2008 and gradually gained prominence from there. It’s arguably one of the most well-known memes on the internet, so the Troll cryptocurrency has a huge addressable market.
Troll launched in late April and got off to a fast start. It has gained recognition from both mainstream crypto analysts and traders deeper within the Solana meme coin “trenches.”
According to SOL Scan data, Troll has over 14,000 holders, and this figure is increasing daily.
Meanwhile, it has a market cap of $30 million, which is relatively small for a meme coin. For perspective, two meme coins launched in 2024 based on internet memes, Chill Guy and Moo Deng, reached respective market caps of $560 million and $613 million.
Alpaca Finance
Alpaca Finance has been on fire this week, but there appears to be plenty more room for growth. The project has surged by a jaw-dropping 927% in the last seven days.
However, with a $77 million market cap, it’s only the 415th largest cryptocurrency. Its recent momentum indicates that all eyes are on the project, while its low market cap means it could continue to explode if it can retain the market’s attention.
So, what’s Alpaca Finance all about? It’s a BNB Chain DeFi project that focuses on giving its users strong yield. It’s the largest lending protocol on the BNB Chain, which makes it somewhat akin to Aava on Ethereum.
But while Aave is worth $2.5 billion, Alpaca is worth $77 million. Moreover, Alpaca also introduces “leveraged yield farming,” which allows users to even more.
With robust fundamentals, real momentum, and a much lower market cap than Aave, it’s clear that Alpaca Finance could continue to rise in the months ahead.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
/div>