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After a brief pullback - and all coins in the crypto space have a pullback at some point - Cronos (CRO) has shown a positive price surge. Due to the market sentiment surrounding Bitcoin (BTC), altcoins like Cronos were hit by mixed sentiment from institutional investors who were sentimental about BTC’s influence.
Yet, the CRO price climbed to $0.137 due to increased demand, signaling a 25% surge. Cronos, Polkadot (DOT), and Avalanche (AVAX) are the hidden gems drawing attention to their immense growth and appeal among investors.
Cronos, Polkadot, and Avalanche are gaining momentum because of their advanced technology and their potential for long-term utility. Find out why CRO, DOT, and AVAX are the low-cap gems of Q4.
Cronos is hot on the tail of top performers like Pepe (PEPE), as it aims to reach the $1 mark. The CRO price has witnessed a massive rally as a beneficiary of Bitcoin's (BTC) record-breaking highs. Despite being one of the upcoming large-cap L1 tokens, CRO pulled through with a dramatic rally this week.
According to Binance, Cronos has dropped by over 22% in the past week. Yet, current market dynamics state that the project is experiencing heightened investor interest, which is shown in CRO's trading volume. The project also trades actively in 262 markets, according to Yahoo Finance. Many catalysts are fueling the CRO price surge, and one of them is the announcement of its Roadmap.
Following the announcement of Crypto.com's Roadmap, CRO witnessed a surge of over 33%, and its price climbed from $0.072 to $0.12. Experts predict that despite Cronos' slight fluctuations, future initiatives like boosting its compatibility with Ethereum and Cosmos SDK may positively influence the CRO price.
The CRO price rally is likely fueled by a burning proposal to burn 50 million CRO tokens from the project's POS Chain community pool. The vision behind this burn proposal is to regulate the circulating supply by transferring these tokens to a dead address.
Cronos has integrated various upgrades to boost its ecosystem, and its partnership with Google Cloud stands out. Early this month, Cronos Labs announced its partnership with Google Cloud to onboard Google Cloud as a Cronos validator. This collaboration aimed to strengthen Cronos' ecosystem, making it more secure and scalable.
Cronos emerges as one of Q4's hidden gems with a surge of 225% since early November and a 100% price surge over the past week. Investors anticipate that as increased participation continues on the platform, CRO could break through its heavy resistance and soar to $1.
Polkadot's distinct ecosystem of interconnected blockchains draws more investors and developers to its platform. According to CoinMarketCap, DOT's price has surged by over 7.7% within the last 7 days.
DOT broke through its downtrend, with experts like Ali Martinez providing useful insight into Polkadot's price outlook in the coming days. Currently, DOT is priced at $5.91, signalling an increase of over 15% within the last day.
Recently, the Polkadot Blockchain Academy announced its PBA-X initiative aimed at advancing Web3 education. The academy designed a four-week part-time online training program that targets individuals who are new to blockchain technology. The program kickstarts on the 6th of January, and participants will gain the foundational skills needed to navigate the world of decentralized technology.
Due to Polkadot's dedication to expanding Web3's global footprint, the project ranks among the hidden gems of the crypto space. DOT investors anticipate the project's meteoric ascent before the year ends. As one of the crypto space's hidden gems, Polkadot may surge 10x before the year ends.
Avalanche takes the lead this altcoin season with its upcoming token unlocks. The project, known for supporting dApps and custom networks, announced that on the 18th of November, $60 million worth of AVAX tokens will be released to support development initiatives within the platform.
Avalanche's innovations have boosted investors' confidence in the project's scalability features. Thanks to its scalability solutions and low transaction costs, the project attracts more developers who want to leverage its offerings. AVAX has always held its ground due to the support from its long-term holders, and its partnership with other platforms further enhances its appeal to investors.
AVAX's upcoming token unlock event has excited investors who can't wait to see what this hidden gem will achieve. As Avalanche continues its bullish momentum, those seeking high-performance altcoins for portfolios flock to it.
Cosmos, Avalanche, and Polkadot are promising altcoins that may experience a 100x rally before Q1 2025, and investors flock to them. Those who want to scale their holdings ahead of the new year should consider these hidden gems to expand their portfolios.
Despite the recent correction of many major projects in the market, these three altcoins display their potential to beat their bearish trend and boost investors' portfolios. Get your portfolios ready ahead of the new year with these bullish low-cap gems!
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
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