Hidden Altcoins Gems For December
In November, Bitcoin hit an all-time high, with other coins such as Solana and Sui Follow its lead. While altcoin season may not be here yet, as BTC continues to dominate the charts, Virtual Protocol (VIRTUAL), Pyth Network (PYTH), and Raydium (ray) is showing impressive growth.
VIRTUAL has surged 71.29% in the past seven days, driven by narratives surrounding the AI coin. Meanwhile, PYTH and RAY are capitalizing on ecosystem dominance and utility, with both tokens gaining significant traction and highlighting Decentralized Finance and blockchain technology.
Virtual protocol (VIRTUAL)
Recently, VIRTUAL’s market capitalization exceeded $1 billion, reaching an all-time high and solidifying its status as a rising star in the industry. AI Altcoin Narrative.
The coin has surged 161.75% in the past month amid growing interest in Bitcoin Blockchain projects focused on artificial intelligence. As the AI coin narrative continues to gain traction, VIRTUAL’s momentum suggests there may still be significant upside potential.
The recent gains have propelled VIRTUAL to become the fifth-largest artificial intelligence token by market capitalization. It now ranks behind RENDER, TAO, FET and WLD, while surpassing AKT.
Python Network (PYTH)
Python (PYTH)Pyth Network’s native token is up 27.14% in the past 30 days, reflecting renewed interest in blockchain Oracle to obtain market data. Although PYTH reached an all-time high of $1.15 on March 16, 2024, its price is still approximately 60% below that level.
The network’s TVL increased to $520 million from $408 million last month. That showed progress but was still well below March’s record $1.37 billion.
If PYTH maintains its current momentum, it may break the $0.49 resistance and test $0.55 or even $0.60 in the near term. Its Oracle business may also be positively impacted by: Altcoins season.
Radium (RAY)
Raydium (RAY) has become the world’s most important decentralized exchange, surpassing Uniswap and Pancake swap expenses incurred.
In the past 30 days, Rydia has brought in over $200 million in fees, Outperform major projects Like Jito, Solana, Ethereum, Circle and Uniswap, second only to Tether. Raydium may continue to grow Meme Coin Becoming more important in the crypto ecosystem.
RAY is currently up 61.40% over the past month and a staggering 1,345.81% over the past year, although it is still 67.87% below its all-time high from 2021.
Given Raydium’s dominance and rapid growth, the coin’s recent performance could signal the start of a stronger upward trajectory as altcoin season has just begun.
Disclaimer
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