The crypto market is finally recovering after a steep downturn in April, but prices are still well below where they started the year. That’s creating an opportunity for investors and traders, who stand to pick up tokens now at huge discounts.
But which tokens offer the most upside potential in the bull run ahead? We’ll highlight four tokens with major growth potential that could be the best crypto to buy today.
Sui
Sui ($SUI) is a relatively new Layer-1 blockchain that’s making waves as a serious competitor to Ethereum, Solana, and BNB Smart Chain. It’s designed to be far faster, cheaper, and more scalable than these existing blockchains, so Sui could quickly surge ahead as it gains developers and users.
The project has already established a foothold for itself in the play-to-earn gaming space with its SuiPlay platform. This is home to popular crypto games, and it could soon become the ultimate hub for play-to-earn since Sui plans to launch its own physical gaming console, SuiPlay 0X1—something no other major crypto project has achieved.
Overall, Sui looks like it’s preparing to take a shot at the smart contract blockchain throne, and investors are taking note. The project is up 42% in the last 10 days and just broke an $11.5 billion market cap. However, $SUI could have plenty more room to run since it remains down 35% from its all-time high of $5.35 set in January.
Solaxy
Solaxy ($SOLX) is an exciting new crypto project that’s building the first-ever Layer-2 scaling solution for the Solana blockchain. It aims to solve Solana’s long-running issues with network congestion and downtime while providing users with faster transaction processing and lower gas fees.
Solaxy could be an extremely big deal for the Solana ecosystem. Since it offers lower fees and faster executions, it wouldn’t be surprising to see the bulk of Solana meme coin trading shift from the mainnet onto Solaxy’s new Layer-2. At the same time, a wide range of DeFi, crypto gaming, and decentralized physical infrastructure projects currently on Solana—or in development now—could also migrate to Solaxy to benefit from the Layer-2’s developer tools and increased reliability.
Any movement of users and developers onto Solaxy is good for the project’s $SOLX token, which serves as the native gas token of the Layer-2. So, increasing demand could send the price soaring.
Solaxy is wrapping up one of the biggest crypto presales of the year, with more than $32 million raised. There’s no date set for the $SOLX token’s launch yet, but the project just launched its testnet and is gaining steam for major exchange launches. So, investors have to hurry to lock in $SOLX before it hits exchanges and explodes higher.
Housecoin
Housecoin ($HOUSE) is a popular new Solana meme coin that gets at the heart of one of the biggest issues facing Millenials and Gen Zers: the exorbitant cost of buying a home. The project’s tagline is 1 HOUSE = 1 HOUSECOIN, an on-the-nose joke that anyone can trade in a house to receive a $HOUSE token.
While this meme coin doesn’t have utility, it’s quickly become a darling of the meme coin community. According to DEXTools, $HOUSE has picked up more than 21,000 token holders since launching a month ago and the price is up more than 22,000x—meaning early investors may actually have earned enough profit to sell their Housecoin for a house.
Housecoin now has an $88 million market cap, making it one of the top 50 meme coins by market cap. Its price is still surging higher with strong momentum, so there’s a good chance this meme coin could make a push for the top 10.
Aergo
Aergo ($AERGO) is a relatively established Layer-1 blockchain project that was initially launched in 2018, but has been in stealth mode up to now. It takes a completely different approach to blockchain technology than other major Layer-1s, with a primary focus on creating enterprise-grade chains that can actually be used by companies for purposes like logistics and supply chain management.
Aergo is distinguished by its support for SQL, which means the blockchain is compatible with the databases already in use by many major companies. The project also has backing from Blocko, a South Korean tech firm that’s linked to the tech giant Samsung.
The $AERGO token, which fuels the Aergo blockchain, still has a tiny market cap of just $77 million—nothing compared to the likes of Ethereum or Solana. However, Binance just listed $AERGO for futures trading, and a full exchange listing could be on the horizon. Aergo also just approved the development of its first Layer-2, which could be another catalyst for this project. Buying $AERGO now is a long-term play, but this project has the potential to develop into a hugely profitable crypto.
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.
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