Pendle

Core

Rally

Ethena

<p>When the whole <a href="https://coingape.com/crypto-market-selloff-70-bln-liquidated-btc-sol-xrp-shib-prices-fell/" rel="noopener noreferrer nofollow">crypto market</a> is focused on all the big fishes, a few small fishes, or to be precise, small<a href="https://coingape.com/glossary/market-capitalization/" rel="noopener noreferrer nofollow"> market cap</a> altcoins get ignored. These small-cap altcoins have the potential to return three times the investment. With the right time and right <a href="https://coingape.com/bitcoin-and-ethereum-lead-three-weeks-of-crypto-investment-outflows-whats-next/" rel="noopener noreferrer nofollow">investment</a> strategies, these altcoins can turn out to&nbsp;be the best investment options for investors.</p>
<p>In this blog, let us discuss the top three small-cap altcoins with the potential to return 3X.</p>
<h2 id="best-small-cap-altcoins-with-3x-profit-potential">Best Small Cap Altcoins With 3X Profit Potential</h2>
<p>The market cap of the <a href="https://coingape.com/price/" rel="noopener noreferrer nofollow">cryptocurrencies</a> reveals their importance in the market. A small market cap means the asset has a low price or low demand in the market. Investing in such cryptocurrencies can help to achieve significant gains compared to others because of diversified <a href="https://coingape.com/blog/the-essential-guide-to-portfolio-management/" rel="noopener noreferrer nofollow">portfolios</a>.</p>
<p>As per the current market conditions, Core, Pendle, and Ethena are among the most potential <a href="https://coingape.com/glossary/altcoins/" rel="noopener noreferrer nofollow">altcoins</a>, which can grow higher once the favorable market conditions recover.</p>
<h3 id="core">Core</h3>
<p>Core is ranked 52nd on <a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/">Coinmarketcap</a> with its market capitalization of $1,819,223,416. It is currently trading at $2.06 with a trading volume of $83,544,530. Though it is not among the most popular altcoins, it has surged 58% in a month span where it peaked at the start of April, rising to&nbsp; $3.776.</p>
<p>The <a href="https://coingape.com/blog/core-dao-price-what-will-be-my-portfolio-if-core-dao-price-hits-10/" rel="noopener noreferrer nofollow">Core</a> set an all-time high of $6.47 almost six months ago, which is&nbsp;more than three times its current price.</p>
<h3 id="pendle">Pendle</h3>
<p>Pendle is ranked 69th for its market cap, which is at $1,257,569,224, and a trading volume of $58,297,918. It is currently trading at $5.25 and is on the best <a href="https://coingape.com/pendle-price-new-all-time-high/" rel="noopener noreferrer nofollow">performance</a> of its career. It set an ATH of $7.52 just a few days ago and is in a price crunch due to current market conditions.</p>
<p>With the slight push in crypto market conditions, analysts believe Pendle to surge beyond its all-time high.</p>
<h3 id="ethena">Ethena</h3>
<p><a href="https://coingape.com/blog/ethena-price-top-reasons-why-is-ena-price-soaring/" rel="noopener noreferrer nofollow">Ethena</a> was launched at the start of this month when its peak value was $1.52, achieved 18 days ago. The token was <a href="https://coingape.com/education/what-is-ethena-finance/" rel="noopener noreferrer nofollow">trending</a> in the crypto market for days before following a downtrend due to market fall. The token is trading at $0.8759 with a market cap of $1,248,087,409. It is ranked 70th on CoinmarketCap and has started to regain momentum today.</p>
<p>Ethena’s demand is continuously rising, as the trading volume has surged to $372,455,339 after a 28% hike.</p>
<h2 id="conclusion">Conclusion</h2>
<p>As the market continues to stay neutral with slight changes in the case of a few <a href="https://coingape.com/trending/4-most-profiting-meme-coins-in-todays-slow-market/" rel="noopener noreferrer nofollow">meme coins</a>, the possibility of seeing a recovery anytime soon is comparatively low. However, once the market recovers, there are high chances of an altcoin rally.</p>
<p>Read More <a href="https://coingape.com/blog/altcoin-season-2024-4-factors-for-delay-in-altcoins-rally/" rel="noopener noreferrer nofollow">4 Factors for Delay in Altcoins Rally</a></p>
<p>The post <a href="https://coingape.com/trending/3-small-cap-altcoins-to-return-3x-in-profit-soon/" rel="noopener noreferrer nofollow">3 Small Cap Altcoins To Return 3X In Profit Soon</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

3 Small Cap Altcoins To Return 3X In Profit Soon

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