Anyone paying attention to the crypto industry and altcoins in the last few months will have noticed the incredible run that the Kaspa native token, KAS, went on. When all was said and done, the token’s price had risen over 70000% from its all-time low of $0.0001699 which was recorded on June 1, 2022, according to data from Coinmarketcap.
Given that the KAS token has risen so much, all eyes are now on the next coin that could replicate this growth. With thousands of altcoins in the space to pick from, with many of them being scams, it can be daunting to know which coins have the potential for such a rally. So in this report, we take a look at two altcoins that could potentially go the way of KAS and secure massive gains for investors.
Geeq (GEEQ) Leads Low Cap Altcoins With Utility
Geeq (GEEQ) was one of the many altcoins that burst into the scene back in 2020 as the bull market took flight. In the same year, the token would hit a new all-time high. But perhaps the most alluring part of the project was the many utilities that followed suit.
As X (formerly Twitter) user Dexter lists out, GEEQ has a host of things that contribute to a bullish narrative. These include patented technology, its own payment service called GEEQ Pay, GEEQ Data, the GEEQ chain, the Internet of Things (IoT), supply chain, real-world assets (RWAs), etc.
Generational Bottom for the $GEEQ?
Patented tech.
Geeq Data
Geeq Chain
Geeq Pay#SupplyChain#IoT,
Secure Data,
NFTs or RWAs etc.L0, micropayment, smartcontract.
Partnership with @MNWSupplyChain for #SupplyChain#IoT, Secure Data, NFTs or RWAs etc.Aped a little today, will… pic.twitter.com/e3ATuYBPZe
— deXer (@DexerXP) November 13, 2023
The project is currently in the testnet phase which has often been a bullish narrative for the likes of Kaspa (KAS). When a mainnet arrives, it will make it a prominent player among established blockchains.
GEEQ’s market cap is currently sitting at less than $5 million which gives it a lot of runway to pull a run like KAS. It is also listed on multiple centralized and decentralized exchanges, including KuCoin, AscendEX, and Uniswap, among others.
Total crypto market cap at | Source: Crypto Total Market Cap on Tradingview.com
OXBT Piggybacks Off The Ordinals Craze
As Ordinals became more of a fixture in the crypto market, multiple projects emerged that enjoyed the majority of the popularity. Some of these include the ORDI project that eventually scored a Binance listing and its price soared above $20 sending its market cap to $400 million.
However, others such as OXBT (Ordinals) were right behind ORDI and have enjoyed a good level of success as well. OXBT’s price rose as high as $70 before falling more than 99%. But still remains one of the largest Ordinals tokens in the market.
For OXBT, which is currently sitting at just a $4.1 million market cap, the bull narrative lies in the fact that Ordinals could make a comeback. This is not the first time that a narrative could be seen as over but yet come back stronger. Even the Ordinals have already proven this is possible. In such a case, then OXBT would be right behind ORDI and a run up to a $400 million market cap would mean a 100x, and could go higher as the bull market rolls around, performing similarly to Kaspa (KAS).
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Source: https://www.newsbtc.com/altcoin/2-altcoins-70000-kaspa-kas/