The Fear & Greed Index is up 48 points since August, indicating that investors are optimistic about the future. BTC hit an all-time high of $103,900, but it’s not the only crypto that could deliver significant returns this season.
Some cryptos may offer even more upside because of their new use cases, volatility (which in bullish times is a pro), and early entry opportunity. Let’s see which cryptos are most likely to explode this December.
- Crypto All-Stars
- Wall Street Pepe (WEPE)
- Best Wallet Token (BEST)
- Sui Network (SUI)
- Ripple (XRP)
- Cardano (ADA)
- Hedera (HBAR)
1. Crypto All-Stars: Stake Your Meme Coins and Earn Staking APY
Crypto All-Stars introduces an integrated meme coin staking protocol, which allows degen investors to generate a small yield on the tokens of their choice.
At launch, users will be able to deposit 11 popular coins, including DOGE, PEPE, BRETT, and FLOKI. The project team will add support for the best meme coins in the future.
MemeVault kicks off the new altcoin season, as BTC’s dominance has dropped from 61% to 55% in two weeks.
Strategic timing reduces the risk of investing in meme coins, which are notorious for their volatility. If you enter a meme coin during the downturn, you are locked in your losses. But with the current uptrend, both of you can benefit from price appreciation again produce a passive yield.
The platform’s native token, STARS, is available now in a pre-sale for $0.0016782. Although you don’t have to own it to use MemeVault, STARS who receive it first will get a higher APY. The token claim is scheduled for December 19.
2. Wall Street Pepe Democratizes Crypto Trading
As institutional investors line their pockets with collective action, small fish have no way of predicting market movements. Wall Street Pepe (WEPE) is on a mission to change this.
The WEPE force declares war on intra-whale factions. This project brings together a group of degen investors to share insights and proven strategies to outperform hedge funds.
To be successful, a meme coin has to have a strong community – that’s a no-brainer. That’s why WEPE motivates investors to participate with 382% APY, above the weekly market index. Early backers have staked more than 2B tokens so far.
The WEPE presale started recently and has already raised $1.4M. One WEPE is now worth $0.000204, but the price will go up in three days.
3. Best Managers Get Low Fees and High Rewards with Best Wallet App
Best Wallet is a popular cloud-based crypto storage solution that allows you to buy, exchange, and hold assets across 60+ chains.
With the new Best Wallet pre-sale aggregator, users can participate in new projects early to support their growth and secure higher returns when the tokens are listed.
Its native token, BEST, recently traded at $0.022975. The project has already raised $2.5 million in funding, all of which will go toward product development and community outreach.
BEST owners will get early access to exclusive presales and new features, as well as lower transaction fees and higher stake yields.
Additionally, the token-holding community will dictate the direction of the project by voting on key proposals related to new features and interactions.
4. SUI Soars 557%, Exceeds $1.6B TVL – Is $2B Closer?
This season, we are seeing a higher demand than ever for fast blockchain networks. Sui is a small Layer-1 network that grew from $151M Total Value Locked (TVL) in December 2023 to $1.6B TVL in December 2024.
Sui’s native token, SUI, is up 557% over the year and recently hit a new high of $4.47. SUI’s 24-hour trading volume exceeded $3.68B, and its market cap reached $12.08B.
Sui Network’s appeal lies in its object-centric data model, which enables efficient and parallel processing of transactions.
Technical nitty-gritty aside, Sui is a very fast chain that processes around 10,000 transactions per second (TPS). To put that in perspective, Ethereum only processes 12–15 TPS.
5. Legal Victory Profits for Ripple XRP, 341% monthly growth
Ripple’s bad streak ended with a legal victory for the US Securities and Exchange Commission (SEC). As a result, XRP has seen a monthly increase of 341% and is now trading at $2.35, 17% below its annual high of $2.86.
Last week, XRP surpassed USDT in market cap and became the third largest cryptocurrency. However, the token has risen again to #4, which is still a great 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 earned it the attention of traditional financial institutions such as American Express, Santander, and MoneyGram.
6. Is Cardano the Next Ethereum? ADA Spikes 243% in November
Cardano’s ADA is another top-performing token that rose over 243% in November and shows no sign of stopping.
Cardano is very similar to Ethereum in the sense that it uses a proof-of-stake (PoS) consensus mechanism and allows the development of custom applications through smart contracts. However, Cardano’s layered architecture makes it more complicated.
The network has $691M TVL and over 71K active wallet addresses. That’s a huge increase from the January 2022 TVL of just $1.4M.
ADA’s technical indicators, especially oscillators and moving averages, suggest that the token will see higher in the long term.
7. HBAR Grows 502% In November, May Hit New ATH Soon
Hedera is among the fastest growing blockchains by TVL, with a 262% monthly increase. Although Hedera’s current TVL of $172M is much lower than Sui’s, it may quickly overtake competitors if it maintains such a pace.
The reason for Hedera’s growth is its energy efficiency, high level of decentralization, and security, which is guaranteed by the Hashgraph consensus algorithm.
Hedera’s native token HBAR surged 502% last month to $0.2905, 49% below its all-time high of $0.5701 recorded in 2021. However, the token has a high chance of regaining its value in this market cycle.
The conclusion
As we close out 2024, we see an undeniable demand for utility-driven cryptocurrencies. Among the established projects, the native tokens of Layer-1 networks have the most certainty. It is possible that in 2025, the list of leading blockchains will change.
Meanwhile, new projects like Crypto All-Stars and Wall Street Pepe combine the appeal of the meme with use cases that strive to solve real-world problems.
Remember that diversification, risk management, and patience are the keys to profiting from this bull run and minimizing your losses.
References
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