• Lady of Crypto has shared a list of unreleased crypto projects to watch out for in the next bull run. 
• While noting that the projects could 50-500x, she warned they could also fail to deliver on these gains. 

The crypto market is always brimming with new projects with massive potential for price gains. Lady of Crypto, a U.K.-based crypto investor, and a trader has shared her list of unreleased projects that she thinks would fall into this cohort.

In a Twitter thread, she highlighted that these projects could record 10x to 200x gains in the next bull run. There is even the chance that some may see 500x gains like Solana (SOL) and Polygon (MATIC) did following their launch.

The list of projects starts with upcoming Layer 1 protocols. The first of these is Celestia, a project described as the world’s first modular blockchain. A modular blockchain is a blockchain that fully outsources at least one component — either execution, settlement, consensus, or data availability — to an external blockchain.

Other L1s include the well-funded Sui Network, omnichain interoperability protocol Layer Zero, and Shardeum, the world’s first EVM-based dynamic state-sharding-enabled L1.

Layer 2 protocols on the list include Ethereum scaling solution Arbitrum, STARK-based scaling solution StarkWare, and zkEVM-based scaling solution zkSync.

Meanwhile, she is also optimistic about some upcoming perpetual trading decentralized exchanges. These include SpinFi and Orderly Network, two NEAR Protocol-based perp trading platforms.

Other categories of interest to her include web 3 protocols doing work in artificial intelligence (AI), privacy, and real-world adoption fields. She highlights Giza, a fully on-chain AI powered by zk proofs, and privacy protocol Mystiko.Network. She also notes real-estate-backed blockchain Lingo, and NFT-powered fan token protocol Polarys.

The catch: be careful and patient with these projects

Lady of Crypto warns that while the projects are worth watching, they could also never release or catch on post-release. Hence, she urges market participants to both be cautious and patient with the list. She wrote;

These projects are worth watching. They could do a 10x-200x but like any new project, they could also never release or not catch on post-release. So, as always, be careful, don’t go all in and just follow development to see how these projects progress!

Meanwhile, she also adds that the list excludes promising projects that will not be liquid at launch from the list. Many unreleased projects could 100x in the next bull run but are also illiquid, she clarified.

The thread is coming even as the crypto market has caught a bullish wave. The capitalization of the entire market is up 3.14 percent in the last 24 hours, worth around $924 billion per data from CoinGecko.

Analysts have also begun to note that the recent surge could indicate the start of altcoin season or a full-fledged bull run. However, others are still unconvinced that the crypto market has turned bullish.