CoinMarketCap is the premiere destination for information about cryptocurrency projects. As the name suggests, the website lists data on the market cap of various coins as well as prices and trending tokens. On top of that, you can find news and educational materials.
Getting listed on CoinMarketCap (CMC) is an important step for any project that wants to be taken seriously. And, ranking in its Top 100, Top 50, or Top is a sure sign of success. The upcoming bull market represents a time for big shifts in CMC’s leaderboards. Blockchains that make the right moves can improve their positions drastically, while older protocols risk slipping down the ladder.
Here are a few projects that can potentially rocket themselves into CMC’s Top 5.
Pepe (PEPE)
Pepe (PEPE) is brand new but it’s already in the Top 50 on CMC. The project is capitalizing on a popular meme but offers some unique functionality too. The project encourages staking, so not only are investors motivated to hold onto the coin, but liquidity is less of a problem.
The burn mechanism is another advantage to holders of Pepe (PEPE). This keeps the token scarce enough to prevent the price from dropping to the point that it becomes a dead coin. With a market cap of over $1 billion already, the Top 5 doesn’t seem that far off.
Shiba Inu (SHIB)
You know we’re talking about newer coins when SHIB is the seasoned veteran of the group. Shiba Inu (SHIB) has only been around since 2020, but their love of the Japanese dog has kept them on the rise. Shiba Inu (SHIB) has developed a resilient community as any meme coin does, but they have also built some utility into their token.
Holders of SHIB can trade it on the Shiba Inu (SHIB) decentralized exchange (DEX), ShibaSwap. It can also be used on the Shiba Inu (SHIB) marketplace. Then, of course, there is always the option of HODLing the token. SHIB has exploded in the past, and there’s no reason it can’t do it again in 2023.
HedgeUp (HDUP)
The HedgeUp (HDUP) blockchain has yet to launch but it is already making waves. The team behind HedgeUp has tapped into a DeFi niche with no competitors. They plan to bring alternative assets to everyone in crypto. If you don’t know why that’s a big deal, keep reading.
Technically, the alternative asset class covers everything outside traditional assets such as stocks, bonds, real estate, etc. More commonly, it refers to speculation on the highest-end investments that 99% of investors are priced out of. Think artwork, diamonds, and exotic liquors.
Now, HedgeUp (HDUP) will buy these alternative assets, insure them, and store them in a secure vault. Holders of the HDUP token can buy NFTs that represent fractional shares of those assets.
HedgeUp (HDUP) is still in the third stage of its presale. HDUP can be bought for $0.020 now, but when stage four gets here, that will go up to $0.036.
All three of these projects have the potential to break into CMC’s Top 5. Will it be Shiba Inu (SHIB), the project with the shortest way to go? Will it be Pepe (PEPE), who’s behind Shiba Inu but has made great strides already? Or will we be able to watch HedgeUp go from pre-launch to the Top 5 in one year?
For more information about HedgeUp (HDUP) use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial
