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The crypto market has endured a sharp selloff this week as investors begin to take profits after a bull run. Top layer-1 blockchain projects Solana (SOL) and Avalanche (AVAX) were among the biggest losers, dropping over 9% in the past 24 hours alone.
However, not all cryptocurrencies are falling off the cliff. This article will look at five altcoins that investors can consider before the uptrend continues.
1. Bitcoin ETF Token
Bitcoin ETF Token is a project on Ethereum that allows investors to speculate on the potential impact of a spot Bitcoin ETF launch in the U.S.
The project’s tokenomics aligns with key ETF approval milestones; when these milestones are achieved, a portion of the total supply will be burned.
Up to 25% of the BTCETF supply is expected to be destroyed across five milestones, such as when the SEC officially approves a spot Bitcoin ETF.
Beyond the deflationary tokenomics, Bitcoin ETF Token also includes a staking protocol, offering an APY of 74%.
So far, the project’s Telegram channel has over 5,000 subscribers.
Also, the project’s presale has raised over $3.7 million. In the current phase, BTCETF is available for $0.0066.
2. Meme Kombat
Meme Kombat is a meme coin that aims to shake up the GameFi sector.
Meme Kombat’s main feature is its AI-animated battle arena, featuring fights between popular meme mascots like Pepe the Frog and Baby Doge.
Meme Kombat users can bet on the outcomes of these fights using MK – the platform’s native token.
Author: Dalmas Ngetich
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