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Crypto investors have had an exciting week so far.
With Bitcoin pushing past $62,000, the OG cryptocurrency is grabbing everyone’s attention.
However, some analysts think the real opportunities might be with smaller coins.
And YouTube analyst Crypto Gains has highlighted two promising names that he thinks could be about to rally: Panda Swap and Pepe Unchained.
Crypto Market Heats Up After Fed Rate Cut
The crypto market is heating up, and we can thank the Fed for that.
Yesterday’s interest rate cut gave Bitcoin a boost, pushing it past $62,500 at the time of writing.
That’s a rise of over 8% since Monday.
And it has taken Bitcoin to levels we haven’t seen since late August.
But it’s not just Bitcoin that’s rallying.
The entire crypto market is buzzing, with trading volumes surging to $95 billion in the past 24 hours – up 22% from the day before.
If you’re a SOL or AVAX investor, you’re probably smiling right now, as they’ve jumped 8% and 12%, respectively.
As we head into Q4 2024, the crypto market’s mood has turned.
The bearish sentiment is yesterday’s news.
Now, the conversation is about whether this is the start of a new bull run, much like the one in Q4 2023.
Analyst Crypto Gains Highlights Panda Swap’s Potential in Q4 2024
Crypto Gains just released a video on Panda Swap (PANDA), which is causing quite a stir.
This Solana-based DEX has been flying under the radar.
But that might not be the case for long.
PANDA’s price has soared over 250% in the last month, making it one of the best-performing DeFi tokens.
So, what’s got Crypto Gains so excited about Panda Swap?
For one, PANDA’s market cap is still just $7.1 million.
When you stack that up against bigger players like Raydium at $410 million or Jupiter at over $1.1 billion, you can see why he believes the token has potential.
Additionally, Panda Swap is launching something called “Panda Pad,” a tool that allows anyone to launch their own Solana token without needing coding skills
This tool has also caught Crypto Gains’ interest.
Finally, Panda Swap’s team consistently hits its roadmap milestones, so he’s betting that PANDA will continue growing its user base.
Considering all these factors, Crypto Gains is overwhelmingly bullish about the token’s prospects in the final few months of the year.
Crypto Gains Also Bullish on Pepe Unchained’s Layer-2 Ecosystem for Meme Coins
Another project that Crypto Gains is excited about is Pepe Unchained (PEPU).
Unlike most meme coins, Pepe Unchained isn’t just banking on hype – it’s building a whole new Layer-2 ecosystem.
This means faster transactions and lower fees compared to Ethereum.
Crypto Gains is enthusiastic about Pepe Unchained’s prospects.
He highlighted how the presale raise has more than doubled in just three weeks, and it is now sitting at $13.8 million.
This kind of growth reminded him of other meme-based chains like Shibarium.
Crypto Gains also looked into what Pepe Unchained offers, highlighting the instant bridging between the “Pepe Chain” and Ethereum.
There’s also a custom block explorer in development.
And Pepe Unchained even has staking rewards that are hard to ignore – sitting at 150% APY.
Looking to the future, Crypto Gains believes Pepe Unchained’s network could be used for things like AI-generated memes, gaming applications, and more.
Plus, with options to buy PEPU tokens using credit cards in the presale, he’s excited about the level of accessibility.
Of course, Crypto Gains also offered the usual caveats.
He noted that, as an early-stage project, Pepe Unchained is much riskier than more established altcoins.
But with a solid whitepaper and a growing community, Crypto Gains believes PEPU is another token to consider in Q4 2024.
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