The crypto market is currently facing a challenging period and while Bitcoin struggles to remain above $65,000, several altcoins are experiencing a widespread decline in prices. Analyst Virtual Bacon took to his latest video and gave a list of altcoins to stack before July. He said that all the altcoins featured in the list have strong catalyst events scheduled within the next two months.
Coin 1: Fantom
The first project is Fantom, a well-known crypto platform set to launch a major upgrade called Sonic. Sonic is a new, faster blockchain capable of over 2,000 transactions per second, a significant improvement from Phantom’s current 200 transactions per second. Fantom has secured funding from major DeFi players, ensuring strong support for its new protocols. With these upgrades, Fantom’s market cap could rise from $3 billion to $7-8 billion, potentially reaching $15-20 billion, indicating a possible 10x return.
Coin 2: Connext Network
The second project is Connext Network, known for its interoperability protocol. They recently launched a major upgrade called Everclear. Everclear simplifies cross-chain transactions by allowing users to interact with different blockchains without switching networks or buying new tokens for gas. Despite strong backing and partnerships, its current valuation is low compared to competitors. This makes it a promising investment as it gains more listings and adoption.
Coin 3: World Mobile Token
The next hidden gem on his list is the World Mobile Token (WMT). World Mobile was initially built on Cardano but is planning to move to Ethereum-compatible chains like Arbitrum and Base. This move could make WMT more accessible and integrated with popular DeFi ecosystems. WMT’s price chart shows strong potential, having broken through a key resistance level and presenting a good entry opportunity.
Coin 4: Foxy
The fourth altcoin on his list is Foxy, a meme coin. Foxy is integrated into Linea and MetaMask airdrops, enhancing its credibility. For example, users can claim Foxy tokens through Linea’s campaigns and MetaMask swaps. Foxy is listed on major exchanges like OKX, indicating strong support from Linea and ConsenSys. Foxy is considered a safer meme coin due to its solid backing compared to others launched by anonymous teams.
Coin 5: Puff
The last project on the hidden gems was Puff, which has the highest potential in the short term. Puff is the official meme coin of the Mantle ecosystem. Recently, it was announced that Puff will be launching a new governance token for Mantle’s liquid staking protocol, adding further value and utility to the project.