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This may not always feel like a bull market, with geopolitical tensions boiling over in Iran and Ukraine.
Bitcoin has traded largely sideways since its ATH over a month ago, and most of the top 10 cryptos by market cap have experienced declines over the same timeframe: $XRP: –4.5% $ETH: –3.5% $BNB: –3.3% $SOL: –16% $TRX: –0.4% $DOGE: –25% $ADA: –21%
But while most blue-chip cryptos have slid to the netherworld, the companies behind some of them have taken off. Circle Takes Off, Coinbase Profits Over Past Month
Take Circle (Circle Internet Group, $CRCL): the company behind the stablecoin $USDC is having a decent month after its IPO. $CRCL stock has risen a cool 750% in the past thirty days.
That gives Circle a market cap of almost $64B, larger than the market cap of its top-10 stablecoin $USDC – market cap, $61B. Circle stock closed the last session at $263.45.
Circle isn’t the only crypto company seeing major gains. Coinbase didn’t have an IPO, but it did post a solid 16% gain over the past month, closing at $307.59.
Both companies, major players in the crypto economy, are prime examples of how crypto continues to attract TradFi investors despite temporary market decline. GENIUS Bill Fuels Circle Frenzy, Sets Stage for New Crypto Success
IPO aside, the passing of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act may have set the stage for Circle’s success. The bill cleared the US Senate and is now bound for the House. Should it pass there, the largest economy in the world would have a clear regulatory framework for stablecoins.
The bill did more than set up stablecoins; it provided a clear indication that sensible and workable regulation is coming, one way or another. That gives much-needed stability, setting up new crypto projects to launch in a favorable environment.
Here are three such projects poised to achieve their own double, triple, or even 10x in the months to come. 1. Bitcoin Hyper ($HYPER) – Fastest Layer in Bitcoin History Ready to Take Off
$2T market cap, $105K token price – Bitcoin has everything, right?
Not quite. Bitcoin Hyper ($HYPER) is here to give Bitcoin the one thing it lacks – a fully functional, SVM-powered Layer 2.
The Bitcoin Relay Program allows users to send and receive $BTC nearly instantly. By monitoring a designated address as a Canonical Bridge, Bitcoin Hyper unlocks the full power of everything from zero-knowledge (ZK) proofs to staking and DeFi with the world’s largest crypto. Staking $HYPER doesn’t have to wait until the Layer 2 is fully launched, though; presale investors can stake now, earning 493% APY during the presale.
$HYPER currently costs $0.012, but our price prediction shows the token could reach $0.08625 by the end of next year for 619% gains. Bitcoin Hyper has already raised $1.5M in a matter of weeks and looks set to ride the bullish momentum to new heights. You can learn how to buy Bitcoin Hyper here. 2. Snorter Token ($SNORT) – Find and Trade the Best Solana Meme Coins on Telegram
Meme coins are funny things. Sometimes they become big $DOGEs, mentioned glowingly by Elon Musk, and are part of common parlance. More commonly, they spend their entire life cycle out of the limelight, trading underground on platforms like Telegram.
Average traders may never even hear about them, and by the time they do, the best trading opportunities are long gone.
No more! With Snorter Token ($SNORT) and the Snorter Bot, Solana’s best-kept secret meme coins are brought to light, and fantastic trading opportunities uncovered.
Snorter Bot offers: Fast, safe swaps Automated sniping tools Limit orders Honeypot detection Rugpull protection Copy trading
What is Snorter? It’s the bot that gives any trader the tools they need to successfully trade low-cap Solana meme coins – and find those 100x opportunities before anyone else.
$SNORT currently costs $0.0961 with $1.2M raised in the presale so far. 3. Memereum ($MEME) – DeFi, Memes, Insurance Combined
$MEME tokens power an innovative DeFi platform that leverages comprehensive asset protection for your crypto investments.
It’s a unique approach, but gives both seasoned investors and crypto newbies a way to protect their investments.
Despite the addition of insurance options, Memereum provides all the benefits of an advanced DeFi platform, including a DEX and crypto card.
The presale is in its final stages, and has raised $2M so far. Money Flows In, Token Prices Go Up?
As Circle and Coinbase see bright days ahead, will corporate earnings lead to token price increases?
Bitcoin Hyper and Snorter Token offer key features in the growing crypto economy; as regulation improves, look for both new cryptos to explode.
Do your own research before investing – this is not financial advice.