Fantom (FTM):
Since the DeFi “godfather” controversy, Fantom seemed to lose some of its appeal. However, Andre Cronje’s comeback in May 2022 injected energy back into the project. Despite lagging behind competitors in the same sector, Andre’s return sparked expectations for a project acceleration.
Looking ahead, Fantom Sonic 2.0 is scheduled to launch its mainnet in March or April 2024. It aims to achieve a speed of 2,000 TPS with an average time of one second. This includes the Fantom Virtual Machine (FVM), Carmen database storage, and the optimized Lachesis consensus mechanism.
This is seen as a significant milestone for the project, potentially making FTM one of the notable promising coins. As of the time of writing, FTM has shown a significant spike in price, up over 30%, currently trading at $0.6363 USD.
Starknet (STRK):
Though recently launched, STRK benefits from being a low float token and is part of one of the leading zk-rollup projects today. Moreover, with the Ethereum Denouement upgrade nearing, STRK stands to gain.
Additionally, STRK’s market cap is still relatively low compared to its competitors. Its highest price post-listing on Binance has been modest, not truly groundbreaking. The project will not unlock tokens until April. Alongside this, projects within the Starknet ecosystem are gradually emerging, which could drive STRK’s price in the future.
Aptos blockchain (APT):
APT is another promising coin this Altcoin season. There are several reasons for choosing and listing this coin. First, Aptos is set to announce significant RWA news in April, hinted by co-founder Thala. Second, the Aptos community may witness collaboration with Franklin Templeton, as Franklin Templeton invests in Aptos Labs. Third, the “Villain’s Idle RPG” demo version will be released. Lastly, the APT 2.0 airdrop round is imminent. As per BeInCrypto’s observation, APT has recorded a modest increase of around 30% in the last 30 days.
Uniswap (UNI):
UNI has recently experienced a price surge following revenue-sharing news from the Uniswap Foundation. This move has subsequently spread to other projects like Frax Share (FXS) and, recently, Ton (TON). The Uniswap community will conclude this proposal on March 7, with a high likelihood of approval.
If the proposal passes, it could act as a long-term price catalyst for UNI. Additionally, projects like TON or FXS may have more room to grow. Furthermore, it could catalyze a reevaluation of DeFi applications across the board.
Fusionist (ACE):
ACE is a new entrant on the list of potential Altcoins this season. With the Endurance upgrade set to take place in a few days (expected on March 5), betting and verification features will be activated post-Endurance upgrade. The team has also hinted at a major update coming in March. All these factors may act as catalysts for a relatively new coin with a price increase of only about 40% in the last 30 days.
Jupiter (JUP):
The final entry on the list of promising coins to watch this season is JUP. In the near future, JUP has some notable news. Specifically, a vote on the LFG Launchpad is planned for March 4; 75% of the Launchpad fees will be distributed to voters. It will be a weighted token vote, potentially driving pressure to buy JUP and motivating further price increases. At the time of writing, JUP has only seen a 2.5% increase in the last 30 days.