CoinRank’s Market Watch: From Top 10 to Top 200 – Investment Analysis of DOGE, SUI and PIXEL

KEYTAKEAWAYS

TABLE OF CONTENTS

• KEY TAKEAWAYS
• SUI: THE HIGH-PERFORMANCE LAYER 1 BLOCKCHAIN WITH 4X GROWTH POTENTIAL
• PIXEL: THE RISING GAMEFI STAR WITH 30X UPSIDE POTENTIAL
• DOGE: THE MEME KING’S PATH TO $1 WITH MUSK AND TRUMP CATALYSTS
• Market Summary: Comparing Stability, Returns, and Popularity Across Three Tokens
• FINAL VERDICT: NAVIGATING THE BITCOIN-DOMINATED EARLY BULL MARKET
• DISCLAIMER
• WRITER’S INTRO

CONTENT

Comprehensive analysis of three promising cryptocurrencies in the 2024 bull market: SUI (Layer 1 blockchain), PIXEL (GameFi), and DOGE (Meme). Learn about token economics, growth potential, and investment strategies for different portfolio sizes.

Since Trump’s victory in the US presidential election, Bitcoin has been leading the market’s surge, repeatedly breaking historical highs. As of publication, it reached $91,572 (Bitget data), just a step away from the “year-end $100,000” target. No one doubts anymore that the fourth halving bull market has arrived. So which potential or popular cryptocurrencies are worth watching and investing in during this bull run?

Against this background, CoinRank and Agen have jointly launched a series of research reports on potential/popular cryptocurrencies, analyzing some current hot and promising cryptocurrencies in the crypto market. The main content includes: token model and introduction, analysis of bullish reasons, top price predictions, suitable investor groups, and provides a comprehensive recommendation index, aiming to provide more investment reference information for CoinRank readers.

Note: All data mentioned below comes from third-party platforms: TradingView, CoinMarketCap, and Feixiaohao.

SUI: THE HIGH-PERFORMANCE LAYER 1 BLOCKCHAIN WITH 4X GROWTH POTENTIAL

Token Model and Introduction

Sui is a high-performance Layer 1 blockchain developed by Mysten Labs, focusing on providing fast, scalable infrastructure for decentralized applications (dApps). Its native token SUI is mainly used for transaction fees, governance participation, and supporting network security and scalability. SUI tokens are primarily generated through PoS (Proof of Stake) staking mining and network transaction fees (gas fees).

The SUI token distribution follows a specific structure, mainly including:

* Founding team and early investors: About 30% of tokens

* Community and ecosystem incentives: About 25% of tokens

* Public sale and crowdfunding: About 20% of tokens

* Foundation and development: About 15% of tokens

* Reserve fund: About 10% of tokens

Analysis of Bullish Reasons

As previously analyzed in the article “Will the L1 Blockchain Sui Increase 100 Times in the 2025 Halving Bull Market?“, Sui, as a Layer1 blockchain, inherently carries traffic and has high potential. Sui focuses mainly on GameFi and NFTs, particularly emphasizing on-chain games and NFT application scenarios. These are not only the team’s strengths but also hot tracks in this halving market.

Top Price Prediction

Compared to ETH’s market cap of $380.7 billion, SUI still has significant room for growth. Currently ranked 14th globally, Layer1 blockchain hot projects typically end up in the top 10 or even top 5. The 10th ranked token TRX has a market cap of $15.2 billion, while 5th ranked BNB has $87.8 billion. SUI’s current market cap is $8.5 billion.

Top 20 Cryptos by Market Cap

(Source: CoinMarketCap)

Suitable Investor Groups

Suitable for investors with $1M-$99.9M in assets to seek stable returns.

Comprehensive Recommendation Index

4 stars ⭐️, with predictable returns and supported growth.

PIXEL: THE RISING GAMEFI STAR WITH 30X UPSIDE POTENTIAL

Token Model and Introduction

Pixels is a Web3 social network game based on the Ronin network, centered around farming, exploration, and creation. PIXEL is the premium currency in the game, used for purchasing items, upgrades, and enhancing appearances.

PIXEL token distribution:

* Ecosystem rewards: 1.7 billion tokens (34%)

* Treasury: 850 million tokens (17%)

* Private investors: 700 million tokens (14%)

* Team: 625 million tokens (12.5%)

* Advisors: 475 million tokens (9.5%)

* Binance launchpad pool: 350 million tokens (7%)

Analysis of Bullish Reasons

GameFi remains one of the most promising sectors in this market cycle. PIXEL, as a carefully selected Binance listing with a small but beautiful project profile, has a market cap of $2.1 billion and ranks around 200th, which is the sweet spot for potential breakout projects. Major exchanges like OKX, Huobi, and Gate have also listed PIXEL, showing collective recognition. Technically, it’s just breaking out from its bottom.

Top Price Prediction

As a GameFi concept, such hot projects typically enter the top 50 or even top 20. Currently, the 50th ranked token VET has a market cap of $2.08 billion, while 20th ranked NEAR has $6.54 billion. PIXEL’s current market cap is $210 million. In the short term (2-3 months), excluding other factors, reaching 50th place would mean a 10x increase, while reaching 20th place would mean a 30x increase.

Suitable Investor Groups

Suitable for investors with $10K-$9.9M in assets, with high returns but also high risks. Must be prepared for potential losses.

Comprehensive Recommendation Index

3.5 stars ⭐️, balanced between returns and risks.

DOGE: THE MEME KING’S PATH TO $1 WITH MUSK AND TRUMP CATALYSTS

Token Model and Introduction

Dogecoin (DOGE) is a decentralized payment system based on cryptocurrency, created in 2013 by software engineers Billy Markus and Jackson Palmer. Thanks to Elon Musk’s endorsement and its strong community, Dogecoin has become the king of MEME coins and successfully led MEME to become the hottest concept in the crypto market.

Token Distribution:

Dogecoin has a simple token model with unlimited supply. Initial supply was about 100 billion DOGE, with 5 billion DOGE added annually.

Analysis of Bullish Reasons

As the king of MEME coins, combined with Musk’s support and Trump’s election victory, DOGE has an extremely active and powerful community. These are the fundamental factors behind DOGE’s strength. Currently, it has numerous followers and ranks in the top 3 for number of holders.

Top Price Prediction

Given its current volume and market cap ranking, reaching third place would be the limit. Currently, 3rd-ranked USDT has a market cap of $125.4 billion, while DOGE’s current market cap is $59.1 billion, suggesting a potential 112% increase. If it reaches the community’s target of $1, that would mean a 143% increase.

Suitable Investor Groups

Suitable for investors with $10M+ in assets according to DOGE’s lower returns but higher stability.

Comprehensive Recommendation Index

3 stars ⭐️

Market Summary: Comparing Stability, Returns, and Popularity Across Three Tokens

In terms of return stability: DOGE > SUI > PIXEL

In terms of return multiplier: PIXEL > SUI > DOGE

In terms of current market popularity: DOGE > SUI > PIXEL

FINAL VERDICT: NAVIGATING THE BITCOIN-DOMINATED EARLY BULL MARKET

The main issue in the current market is Bitcoin’s aggressive solo rise, with most altcoins showing only symbolic increases. When Bitcoin slightly retraces, other altcoins crash dramatically. The main reason is insufficient market liquidity – Bitcoin spot ETF funds are mostly concentrated in Bitcoin itself with little spillover. While Bitcoin has reached over $90,000, the altcoin bellwether ETH hasn’t even reached its March highs, let alone other coins.

However, this is typical of early bull markets. Bitcoin needs to rise comfortably first, and only when it reaches its peak will funds spill over into altcoins. Currently, only a small portion of Fed rate cut money has entered the crypto sphere, mainly supporting Bitcoin. Therefore, if you mainly hold altcoins, you need patience and should focus on two things:

1. Work hard to earn more principal

2. Use various channels to discover quality coins and act quickly.