February has proven to be a highly positive month for the crypto market, with the total market capitalization climbing from approximately $1.62 trillion at the beginning of the month to over $2.33 trillion. This marks an increase of more than 40%. As the year is just getting underway, it’s important to recognize that numerous factors in the coming months could potentially enhance the altcoin market’s performance further. In what follows, we will explore potential altcoins that deserve attention in March and might record 10x gains.
Bitcoin’s Expected ATH Could Boost Emerging Altcoins
The cryptocurrency market has rebounded from its downturn in 2022, regaining its old glory as several digital assets have surpassed their previous all-time highs (ATHs). Notably, Bitcoin and Ethereum have overcome significant resistance levels and are now just 10%-15% away from their ATHs.
This has led to a growing sense of anticipation among investors, with expectations that these two major cryptocurrencies might reach new ATHs in March. Such a milestone could catalyze a significant uplift in the altcoin sector, with some newer altcoins potentially achieving gains of up to 10x in the lead-up to the Bitcoin halving event.
However, it’s expected that leading altcoins may not experience such dramatic surges. Instead, memecoins and AI-related cryptocurrencies, along with a selection of emerging altcoins, are predicted to lead this market’s growth during this period.
Pepe Coin
Interestingly, Pepe coin has emerged as a leader in the memecoin sector for the past few weeks, boasting an impressive gain of over 181% within a month. Its value has seen exponential increases during Bitcoin’s minor rallies. Should the price of Bitcoin reach its all-time high in March, we could witness the Pepe coin’s price climbing to $0.00003, effectively removing one zero from its present value.
dogwifhat (WIF)
The excitement surrounding meme coins is making a strong comeback, with the Solana-based token dogwifhat (WIF) witnessing a significant price increase. Over the last three days, WIF’s value has soared by 135%, as the meme coin market experiences a surge of positive momentum. WIF has even surpassed long-established players like Floki (FLOKI) in market capitalization.
Many in the community are bullish about WIF’s potential for further gains, especially since it is currently traded on only a few exchanges and has not yet secured listings on top-tier platforms such as Binance or Coinbase.
With the token now approaching the $1 mark, being only 22% away, achieving this level could attract widespread media attention and fuel additional excitement around the token. This might even skyrocket the price by 10x in March if the sentiment favors.
COTI
COTI, the core token of the COTI Layer 2 network, saw a remarkable rise in value during February, with an increase of over 280%. In the last week alone, COTI’s price has surged, more than doubling with an approximate gain of 130%.
As a result, there are high chances that COTI price might bring a 10x profit in March as the market sentiment is now extremely bullish.
SingularityNET (AGIX)
SingularityNET, along with its native token AGIX, seeks to bridge the gap between blockchain technology and artificial intelligence. However, its price has experienced some fluctuations in recent months.
However, the AGIX token has shown strong performance in recent weeks, with a surge of over 160% in a month. Additionally, if the price of BTC continues to rise in March, AI tokens could experience a significant boost, with AGIX potentially leading this rally and approaching a value near $5 by the end of the month.