Is Bitcoin about to break $120,000? 3 best altcoins ready to explode with 10x gains!
1.CAKE
PancakeSwap (CAKE) continues to rise, with a recent price increase of 11.28%, reaching $2.32. CAKE's market cap is $749.73 million, with a daily trading volume of $52.33 million, making it one of the most active decentralized exchange (DEX) tokens. Its trading volume to market cap ratio is 0.6416, indicating that many investors are still actively investing in the token.
One significant reason for the rise in CAKE's price is the expansion of its Orbs-driven tools dLIMIT and dTWAP. These tools were previously limited to the BNB chain but are now available on Arbitrum, Linea, and Base. This change provides traders with more advanced options and helps PancakeSwap attract users from multiple networks.
2.SPX
SPX has skyrocketed over 6,400% in just one year, making it the third on our current list of popular meme coins worth investing in. The current price is $0.907288, having surged by 82.1% in the past 30 days, which is impressive. SPX has increased on 43% of the days, with a volatility of 18%, showing strong upward momentum, but not much volatility.
Although SPX does not claim any real use cases or roadmap, it is anything but dull. Its 'uselessness' has become its selling point, attracting a group of active internet users who thrive on satire and entertainment. Despite the lack of recent news, its performance speaks volumes—outperforming the cryptocurrency market and 99% of the top 100 assets. This meme coin doesn't follow the conventional route.
3.PENDLE
Pendle's ability to tokenize and trade future yields of cryptocurrency assets is transforming decentralized finance (DeFi). By separating the principal value of assets from their expected yields, this innovative strategy gives investors unprecedented autonomy in yield management.
Investors and corporate executives have shown strong interest in the protocol's innovative features. Notably, BitMEX co-founder Arthur Hayes is actively supporting Pendle, having purchased a large amount of PENDLE tokens, demonstrating his firm confidence in the project's future development.
