Three Promising Low-Cap Altcoins to Watch in December

Despite the altcoin market cap's failure to rebound and a persistent atmosphere of fear among traders, several low-cap altcoins—those with market caps under $100 million—are exhibiting signs of on-chain accumulation. This behavior may indicate that larger investors, or "whales," are building their positions in anticipation of price increases in the upcoming month.

Key Takeaways

Several low-cap altcoins are showing significant accumulation despite a bearish market.
Avantis (AVNT), Succinct (PROVE), and Plume Network (PLUME) are three notable examples.
Accumulation by whales and declining exchange reserves suggest a positive outlook.
Analysts predict potential rebounds for these altcoins as the market evolves.

Avantis (AVNT)

Avantis (AVNT) is a decentralized exchange (DEX) token based on the Base network, with a market capitalization of around $89 million. The price of AVNT has plummeted by more than 85% since its breakout in October. However, by December, the price trend shifted into a sideways range, stabilizing around $0.30, and signs of accumulation began to emerge.

According to data from Nansen, AVNT whale wallets increased their holdings by 11 million AVNT tokens throughout December. The total balance of the top 100 wallets grew by 1.88%, while reserves on exchanges declined by 4.9%. This pattern—rising whale balances alongside decreasing exchange reserves—often signals that investors are purchasing and transferring tokens into private wallets in anticipation of long-term gains. Additionally, data from Holderscan indicates that the number of AVNT holders rose from 105,800 to 109,800 over the past month.

From a technical analysis standpoint, experts believe AVNT may be completing a falling wedge pattern, which typically suggests a potential reversal from a bearish to a bullish trend.

Succinct (PROVE)

Succinct (PROVE) is a decentralized network aimed at simplifying the creation of zero-knowledge proofs (ZKPs) securely. Privacy in blockchain has gained traction, fueled by developments surrounding Zcash (ZEC) and the broader adoption of ZKP technology, thereby elevating interest in Succinct.

Currently, PROVE has a market cap of $75.6 million, having seen its price drop over 77% post-listings on major exchanges like Binance and Coinbase. Recent data from Nansen shows that top whale wallets have accumulated an extra 5.34%, while exchange reserves for PROVE have decreased by 1.24%. This deceleration in price decline—paired with whale accumulation—bolsters investor optimism regarding a potential recovery.

Plume Network (PLUME)

Plume Network (PLUME) operates as an Ethereum layer-2 blockchain specifically designed for Real-World Assets (RWA). Presently, PLUME has a market cap of $60 million, reflecting an 85% decrease in its token price throughout the year's final quarter. However, data from Nansen indicates a significant change: PLUME whales have accumulated nearly 7 billion PLUME tokens, resulting in a 35% price recovery, moving from $0.014 to $0.019.

This accumulation has interrupted a downward trend that persisted for three months. Investors remain hopeful about RWA altcoins due to promising growth prospects projected for 2026. A recent report from BeInCrypto reveals that the total RWA market value achieved a new all-time high in December, even amidst prevailing market fears. Plume CEO Chris Yin expressed optimism regarding RWA's future, suggesting a 10-20x growth in value and users by 2026.

“Expecting to see a 10-20x growth next year is the low end of what we should anticipate,” Chris Yin shared with BeInCrypto. If this prediction comes to fruition, low-cap tokens like PLUME could see significant benefits.

These three low-cap altcoins—Avantis, Succinct, and Plume Network—each embody different themes: DEX, Privacy, and Real-World Assets. Analysts maintain a strong outlook for all three as we head into the new year.