Top Picks for March: Identifying Undervalued Altcoins

The crypto market has recently witnessed a significant surge, with altcoins outperforming Bitcoin, marking a notable shift in investor interest towards cryptocurrencies with lower market capitalizations. This trend emerged as Bitcoin briefly reached a new all-time high before undergoing a correction, sparking speculation that altcoins are set to replicate Bitcoin's success. An index tracking the performance of the bottom half of the top 100 cryptocurrencies, the MarketVecto Digital Assets 100 Index (MVDA), reported a roughly 60% increase in the past month, surpassing Bitcoin's 56% gain. This upswing is part of a broader market rally, with the total value of all cryptocurrencies increasing by over $800 billion. Market analysts suggest that this shift indicates a growing trend among investors to diversify their portfolios beyond Bitcoin, seeking potentially higher returns from smaller, less established tokens.

March presents a slew of opportunities for people who look for growth. There are many altcoins that can outshine bigger-named picks, including the ones that just debuted. We are going to give you a quick rundown of the best of the best, as we feel that each of them has something that would make it very worthy in the future. Of course, nothing is guaranteed and there are major shifts that could happen within the market.

ScapesMania: Great Potential

After a wildly successful presale that amassed $6.125 million in funding, drew in nearly 18,400 holders, and attracted over 60,000 followers, the eagerly anticipated ScapesMania’s exchange debut finally arrived.

$MANIA is stepping into PancakeSwap, a popular DEX on the Binance Smart Chain network known for its large user base and liquidity. But that's just the start. Following PancakeSwap, the project is exploring possibilities for CEX listings, which could expand avenues for potential growth. Explore the team’s approach to CEX listing here.

Trading kicked off with MANIA/WBNB and MANIA/USDT liquidity pairs. USDT is the main source of liquidity as per community demand. The debut trading day was remarkable. The token price has shown resilience, indicating robust tokenomics and promising project prospects. ScapesMania has proven to everyone that it's not just a one-day ICO project but a serious endeavor committed to growing alongside its community of holders. 

Holder count steadied at 18.41K in the first 24 hours, with trading volume hitting $2.25M. ScapesMania instantly dominated DEXTools' Hot Pairs list. No further explanation needed.

Groundbreaking Approach to Gaming

If you’re not yet familiar with what ScapesMania is about, here’s a quick rundown. It’s a gaming ecosystem where players can dive into immersive experiences without any prior crypto knowledge. Meanwhile, holders can benefit from the project’s success and have a say in its direction through DAO.

Tapping into the growing casual gaming industry during the current bull run puts ScapesMania in a favorable position. If you've been following crypto news, you've likely witnessed success stories of gaming projects during the recent market rally. Now, ScapesMania is all set to take off and unleash its potential in a thriving niche.

Why Go with ScapesMania?

Wondering why the community is flocking to ScapesMania? 

Let's decode its appeal:

• $MANIA tokenomics are carefully balanced with cliff and vesting. A structured vesting schedule is designed to maintain a balance between supply and demand.

• The $MANIA token serves governance in the evolving DAO and acts as an in-game currency in the pilot gaming project. Community members can also stake tokens for additional rewards and participate in activities for more tokens. The team is actively working on expanding the token's utility, with plans to introduce new projects and increase its use cases within the ecosystem.

• There’s a solid post-listing promotional strategy in play. The team has demonstrated its marketing prowess, evident in the $6M+ presale success, the 18.4K+ holder base, the actively growing 60K+ community, and 75K+ average monthly traffic. To further expand the project’s reach, ScapesMania is constantly testing new marketing channels.

• The project's smart contract has received a stamp of approval from BlockSafu. As a holder, you can rely on the platform's commitment to security.

• ScapesMania is gaining traction on significant crypto platforms, backed by endorsements from respected influencers in the field.

The Road Ahead

In a world where casual gaming rules, ScapesMania leads the way by smartly meeting what the market demands. Unlike other projects facing disconnect from their audience, ScapesMania aligns with community desires: gamers enjoy their favorite pastime while holders benefit from the ecosystem’s success.

The casual gaming industry is expected to skyrocket to $19.12 billion by 2027, according to Statista. This forecast marks the niche as potentially lucrative.

With the fund generation goals surpassed, the team is now fully immersed in product development. For quick start, the project has partnered with the devs that secured a prestigious grant in 2023 for the Metaverse/Gaming/NFT category. 

Sven, ScapesMania’s CEO, says: “As you know, to achieve ambitious goals, a skilled team is pretty crucial. You can already see how skilled and efficient our launch team really is. We're concurrently working on the product. We are prioritizing the development team's strengthening, too. To streamline operations, I'm combining the roles of CEO and CTO.” 

Join the community channel to stay updated on the latest releases.

Community Trust

The crypto community is buzzing about the project on popular platforms. They're excited to join ScapesMania because they share its vision and want to be actively involved. Whales are also taking notice, with deposits already topping $20,000. 

It's obvious that none of this success would be possible without such a loyal community. The ScapesMania team truly thanks its supporters for this kickstart. And remember, it’s just the beginning – there's plenty more to come!

Join the ScapesMania Movement

ScapesMania’s adventure is just kicking off. As the casual gaming industry gears up for exponential growth in the years ahead, there's never been a better time to tap into this promising landscape. 

Remember how gaming projects boomed in 2021? Well, the current crypto market boom might offer a similar chance for expansion. With a stable price post-listing and strong initial support, the coin has already proven its resilience.

The future price trajectory hinges on community strength, development milestones, and robust marketing strategies, all of which ScapesMania excels in, leaving endless possibilities ahead. 

Why wait? Take action today! Secure your spot in a potentially rewarding journey – grab your $MANIA tokens on PancakeSwap now. 

>>> Join 18K Holders – Buy $MANIA on PancakeSwap: MANIA/WBNB, MANIA/USDT <<<

Magic Square (SQR): Pioneering the Web3 App Store Revolution

Magic Square (SQR) is making waves in the Web3 space with its innovative app store, which has recently announced a significant $66 million grant program. This initiative is designed to bolster the ecosystem by providing financial support to apps and games listed on its platform. With a commitment of 120 million Magic Square (SQR) tokens, equivalent to 12% of its total supply, Magic Square (SQR) aims to enhance the visibility and user engagement of projects within its ecosystem.

The grant program's announcement has sparked interest among investors and developers alike, positioning Magic Square (SQR) tokens as a pivotal asset in the Web3 app store domain. With tokens priced at $0.55 and a market cap hovering around $550 million, the initiative reflects a robust confidence in the platform's future growth and the broader adoption of Web3 technologies.

The strategic move to allocate a substantial portion of its token supply for ecosystem development underscores Magic Square (SQR) commitment to fostering innovation and user engagement. However, the platform faces the dual challenge of maintaining momentum in a competitive market and ensuring that the grant program translates into tangible growth and user adoption. Success will hinge on its ability to attract high-quality projects and sustain an active and engaged community.

Izumi Finance (IZI): Fueling DeFi Innovation with Strategic Funding

Izumi Finance (IZI) has successfully closed a $22 million financing round, earmarking these funds for the early liquidity of its on-chain Order Book DEX product, iZiSwap Pro, on the zkSync Era network. This significant financial injection from notable investors underscores confidence in Izumi Finance (IZI) vision and its potential to reshape the DeFi landscape.

The fundraising round represents a pivotal moment for Izumi Finance (IZI), signaling strong market support and the potential for accelerated growth. While specific price details of Izumi Finance (IZI) tokens were not disclosed, the strategic use of funds for product development and ecosystem expansion is expected to positively influence its valuation and investor appeal.

With the fresh capital, Izumi Finance is poised to enhance its DeFi offerings and solidify its position in the market. The launch of iZiSwap Pro on zkSync Era presents an opportunity to capture a significant share of the DeFi space. However, the challenge lies in effectively deploying these funds to drive adoption and liquidity, amidst the highly competitive and evolving DeFi sector.

ApeX Protocol (APEX): Revolutionizing Trading with Trade-to-Earn

ApeX Protocol (APEX) is advancing the cryptocurrency trading arena with the launch of its second trade-to-earn (T2E) round. This initiative aims to reward traders for their activity, leveraging the new BANANA token to facilitate rewards. The introduction of a revamped rewards structure and enhanced incentives reflects ApeX Protocol (APEX) commitment to enriching the trading experience and community engagement.

The T2E program and the introduction of the BANANA token are innovative steps that could redefine trader rewards and participation. These initiatives are likely to bolster ApeX Protocol (APEX) market position, attract active traders, and enhance the protocol's overall value proposition.

ApeX Protocol (APEX) T2E round 2 represents a strategic effort to incentivize trading activity and foster a vibrant community. The challenge will be to sustain trader interest and participation over the long term, ensuring that the rewards mechanism effectively contributes to the protocol's growth and the broader adoption of decentralized trading platforms.

Conclusion

The crypto market's recent surge, particularly in the altcoin sector, underscores a pivotal shift in purchasing strategies, with a growing emphasis on diversifying portfolios beyond Bitcoin to include cryptocurrencies with lower market capitalizations. This trend is vividly illustrated by the remarkable performance of ScapesMania, which has emerged as a top potential pick for March due to its potential for significant growth.

Site: https://scapesmania.io/

Twitter: https://twitter.com/ScapesMania

Telegram: https://t.me/scapesmania

Announcement Group: https://t.me/scapesmaniaAnn

Source: https://thebittimes.com/top-picks-for-march-identifying-undervalued-altcoins-tbt82117.html