Analyst Mathhew Perry recently talked about lesser-known “frog coins” outside the top cryptocurrencies. He explained the growing interest in meme coins, including dog-like and cat coins, and noted the emergence of frog coins as a new sector. Talking about the potential of early-stage projects, he aimed to explore opportunities beyond the top 100 or 200 coins, suggesting they could yield good returns. Here are the list of potential altcoins that could explode:
Frog Coin 1: Croak
He brought to attention a specific project called Croak, which currently trades at about 0.14 cents per token. Despite a recent small drop, it has shown growth from its lows in the last day. Croak has a market cap of $2.85 million with 2 billion coins in circulation and around $500,000 in liquidity, making it relatively secure for its size. The analyst spoke about the potential for projects like Croak to grow significantly with increased trading volume, possibly reaching market caps of 3 million, 4 million, or even 10 million dollars.
Frog Coin 2: Peipei
The analyst then shifted to discussing another project, recently covered, which is Peipei. He expressed their pleasant surprise at its performance, noting it has shown a 3% increase today with an $81.7 million market cap and $14.8 million in daily trading volume. He spoke about the growing popularity and liquidity of Paye, expecting further traction as it gains more exchange listings and community support.
Frog Coin 3: Bome
Moving on to another project, Bome, with a higher market cap of $735 million, the analyst pointed out recent price declines as a potential buying opportunity. He highlighted its substantial trading volume of $24 million, indicating strong market interest and liquidity. The analyst expressed confidence in Bome’s potential for growth, noting its availability on multiple major exchanges and numerous trading pairs.
Frog Coin 4: Pepe
Lastly, the analyst touched upon Pepe, a well-known meme coin, currently having a market cap of $5.7 billion. He confidently predicted major future growth potential for Pepe, anticipating it could reach as high as a $42 billion market cap or even higher during the upcoming altcoin season.