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Altcoins

3 Altcoins to “Fly” with 50-100x Bull Run Potential

TokenTalk Staff

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4 Top Altcoins Set For 100X Gains In June 2024

The altcoin market has the potential to make the next bull run a historic one. For this reason, investors should be intentional with which altcoins they add to their crypto portfolios in 2024. Bitcoin and some tokens experienced a mini bull run in the first half of the year, some altcoins that will “fly” over the next few months could change the fortunes of many investors in the market.

Another Bitcoin price breakout would significantly impact altcoins like XRP, DOGE, and Notcoin. As FOMO spreads through the market, thereby improving market sentiment, it will lead to euphoria ahead of the peak.

Altcoin season, which describes a period in which altcoins support major rallies, could send these coins flying with a potential of 50-100x.

Investors will begin to see altcoin market caps reach unprecedented levels, ending with a classic local high ahead of the upcoming crypto winter. Timing these breakouts and tops is critical to buying when prices are low and selling high, creating value and avoiding bull traps.

With the Federal Reserve expected to hold the FOMC meeting starting June 12, market observers expect increased volatility this week. Likewise, the fed could hint at the first interest rate cut that could mark the start of a major rally in the stock and crypto markets.

  1. Altcoins to steal – Notcoin

Over the past month, Notcoin has seen an increase of over 28%, reflecting increased investor confidence and a positive market outlook. Trading in a range of $0.0175 to $0.2, NOT coin has shown significant volatility over the past week.

Notcoin’s recent surge follows an announcement detailing significant user adoption and new engagement incentives.

Notcoin Price Chart

Notcoin demonstrates strong bullish momentum, indicating a possible entry into a bullish phase. If this trend persists, NOT could break above the $0.019 resistance level. This trajectory could push its value towards the $0.05 mark, eventually reaching $0.1 in the foreseeable future.

Conversely, if market sentiment turns negative, Notcoin value could find support around $0.018. A prolonged downturn could see the price drop to around $0.017, highlighting the volatility inherent in the cryptocurrency market.

Notcoin’s daily technical indicators reveal mixed market sentiment. The relative strength index (RSI) is 42.68, indicating a relatively neutral position, neither overbought nor oversold.

2. Dogecoin (DOGE)

Dogecoin price has been trending sideways lately, with bulls and bears fighting for control. Despite occasional rises and falls, the price remained in a narrow range, reflecting market indecision.

Over the past week, DOGE has declined by more than 10%, indicating bearish sentiment among investors. The meme coin is trading in a range of $0.14 to $0.16, reflecting increased market volatility. Most meme coins have also been trending sideways, with minor fluctuations failing to break through significant resistance levels.

Dogecoin Price Chart

With the current sideways market, Dogecoin is closely monitoring critical price levels. If DOGE exceeds $0.15, it may encounter significant resistance at $0.20. Breaking free from its long-standing business model would be a key step. Holding above this level could pave the way for Dogecoin to target more ambitious resistance at $1.

3.XRP

XRP price hovered above $0.5 during the US session on Monday. Its value increased by 1.4% in the last hour while maintaining an increase of 1.8% in 24 hours, CoinGecko the data shows.

The cryptocurrency community is eagerly awaiting the decision on the ongoing Ripple vs. SEC lawsuit. Meanwhile, it has been widely reported that the regulator may consider and prepare to appeal the decisions.

XRP Price Prediction | Commercial view

Brad Garlinghouse, CEO of Ripple, expressed optimism about a spot XRP ETF, saying this direction is inevitable. However, this will largely depend on the direction the trial takes in 2024 and its consequences in 2025.

At the same time, uncertainty could persist once the case is decided, as the SEC will likely appeal the July ruling on XRP secondary sales.

XRP dipped below $0.5 on Friday but stalled above the $0.49 level. Since then, a rebound has occurred and has regained ground above $0.5 to trade at $0.05 at the time of writing.

The 20-day exponential moving average (EMA) provides immediate support at $0.5116 as XRP Price forms the second consecutive four-hour green candle.

Based on the Relative Strength Index, which is currently holding at 51 since last week’s drop into the oversold region, XRP shows the potential to shape the uptrend to $0.6.

Traders would be willing to enter more buy orders above the neck resistance zone of the double bottom pattern to capitalize on a potential move towards $0.6. If this breakout materializes, XRP price could trigger FOMO to support a larger move towards $1.

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Altcoins

5 Altcoins Reclaim High After Stock Market Crash

TokenTalk Staff

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Altcoins Recovering the Highest

Following the recent stock market crash, the global crypto market is slowly moving towards recovery. Despite major obstacles, Bitcoin And Ethereum are still struggling, while some altcoins have surprisingly become leaders, demonstrating their resilience and strong rebound. Livepeer (LPT), Notcoin (NOT), Stacks (STX), Toncoin (TON), and Injective (INJ) stood out from the rest, showing impressive performance despite general market trends.

1. Livepeer (LPT)

Livepeer (LPT) has seen a comeback, posting a significant growth of 16.62% over the past 24 hours and a steady 4.99% increase over the past week. With a price of $24.44, Livepeer the market capitalization increased to $800.66 million, boosted by a trading volume of $140.3 million in the last 24 hours.

LPT’s strong presence in the market is highlighted by its circulating supply of 5,743,984 tokens. Investor interest in this video streaming network protocol has led to its remarkable turnaround, positioning it as the best performer among altcoins.

2. Notcoin (NOT)

Notcoin (NOT) also stands out for its substantial recovery. Although there has been a slight decline recently, the token still managed to rise by 10.64% over the past 24 hours, despite being down 17.96% from the previous week.

With a price of $0.01801, Notcoin has a market capitalization of $1.85 billion and an impressive trading volume of $1.26 billion in the last 24 hours. The significant rebound of the token, despite not having 70,000,681,661 in circulation, demonstrates its strength and the market’s confidence in its future prospects.

3. Batteries (STX)

Stacks (STX) had a somewhat mixed performance, with a small rise of 7.46% the day before and a growth of 2.43% last week. Stacks is trading at a price of $2.32, giving it a total market capitalization of $3.4 billion and a 24-hour trading volume of $0.78 million.

Even with a slight decrease, Battery still manages to maintain investor confidence, as shown by its circulating supply of 124,903,979 STX. The network’s focus on integrating smart contracts and decentralized applications into Bitcoin may have contributed to its partial comeback.

4. Toncoin (TON)

TON is added to this range due to its strong rebound. Toncoin price of $7.59, which saw an increase of 6.96% in the last day and 3.78% in the previous week, demonstrates its strong position in the market. The market capitalization reached $18.47 billion, driven by a trading volume of $512.2 million in the last 24 hours.

67,500,386 TON’s significant presence in the market is highlighted by its circulating supply, driven by its association with the open Telegram network, offering a special blend of security and scalability.

5. Injective (INJ)

Injective (INJ) today completes the list of the best performing altcoins. Over the past day, the token has seen a growth of 6.44%, along with a remarkable 15.69% rise over the past week.

Injective’s market capitalization is $2.83 billion, with a 24-hour trading volume of $337.16 billion while its price is set at $30.26. With 11,100,904 INJ in circulation, this decentralized derivatives trading platform is showing strong market progress, highlighting its potential for continued expansion.

Conclusion

Despite the gradual recovery of the overall cryptocurrency market, these altcoins have shown impressive resilience and rebound. Livepeer, Notcoin, Stacks, Toncoin and Injective (INJ) present the possibility of substantial recoveries in the cryptocurrency sector, providing a glimmer of optimism for investors navigating the volatile cryptocurrency market. As the market further stabilizes, these alternative cryptocurrencies could lead to a new period of growth and innovation in the cryptocurrency sector.

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Altcoins

Analyst Says Top Memecoin Will Do Big Numbers This Year, Updates Forecast on BNB and Two Other Altcoins

TokenTalk Staff

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Analyst Says Top Memecoin Will Do Big Numbers This Year, Updates Forecast on BNB and Two Other Altcoins

A closely followed crypto analyst believes that a top memecoin could generate big gains later this year.

Pseudonymous crypto trader Altcoin Sherpa tell his 217,100 followers on social media platform X that he is long-term bullish on Dogecoin (DOGE).

“DOGE: Many memes look unstable in the short term, but I still think they look pretty good on long-term charts. However, expecting more chop for the next leg, I wouldn’t rush to buy new positions here. Patience. I still think it will do big numbers later this year.

Source: Altcoin Sherpa/X

Looking at his chart, the analyst suggests that DOGE could trade around a range with a low limit of $0.12 and a high limit of $0.17 before breaking out later in 2024.

DOGE is trading at $0.13 at the time of writing, down more than 4% in the last 24 hours.

Then the analyst warns that Ondo Finance (ONDO), a project focused on tokenizing real-world assets (RWA), could retest lower levels in the near term.

“ONDO: I was wrong in consolidating for another stage, I was not ready. I think this one will likely trade up to the $1.10 level before the next bounce (this should be small at $1.19 at first). However, I remain optimistic from an RWA (real world asset) perspective.

Source: Altcoin Sherpa/X

ONDO is trading at $1.22 at the time of writing, down 1.4% in the last 24 hours.

Then the analyst believes this BNB (BNB), the utility token of the BNB Chain ecosystem, could return to Fibonacci levels before resuming an uptrend. Major downside price targets include $600.

“BNB: half, hoping inflows are lower. »

Source: Altcoin Sherpa/X

BNB is trading at $609 at the time of writing, down almost 6% in the last 24 hours.

Finally, the analyst suggests this Internet of Things (IoT) project Jasmy (JASMY) may have more upside potential if it holds $0.0377 as support.

“JASMY never bought this shitcoin but it still looks pretty solid. Weird.”

Source: Altcoin Sherpa/X

JASMY is trading at $0.0357 at the time of writing, down almost 6% in the last 24 hours.

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Altcoins

These Altcoins Outpace Crypto Market Rebound

TokenTalk Staff

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These Altcoins Outpace Crypto Market Rebound

The crypto market saw a significant jump over the past 24 hours, with altcoins erasing previous losses. This change in sentiment comes after the release of Consumer Price Index (CPI) data showing a slowdown in inflation in the United States. Bitcoin and altcoins rose, bringing the crypto market cap to $2.52 trillion, an increase of 3.45% over the past 24 hours.

Altcoins in the top 20 are rebounding, but some assets are surpassing the maker with double digits while others have seen slight gains. Overall, crypto bulls are rallying into their assets, projecting a bounce above current resistance levels. Here are the best altcoins in the crypto market today.

Uniswap (UNI)

UNI, the decentralized crypto exchange token, Uniswap has seen an increase in flows compared to top altcoins. The asset surged 11% in the last 24 hours, pushing its price to $9.81. Although the weekly numbers remain in the red zone, the recent rise has rallied its community, anticipating renewed interest. UNI is down 10% this week, along with other crypto assets. Last week, crypto assets recorded a drop in sentiments after the U.S. employment data.

The rise above the top altcoins led to speculation that the asset would surpass the $10 mark.

Chain link (LINK)

LINK is trading at $16.02, up 6.7% in the past 24 hours as broader crypto assets rebound. Chainlink’s market capitalization stands at $9.4 billion while trading volumes jumped to $448 million. Like Uniswap, the weekly numbers are in the red zone after previous selloffs. Assets have seen outflows of 9.5% over the past seven days while monthly figures are up 19%.

Solana (SOL)

Solana, known for outpacing the market, gained 5% today, rebounding with recent inflows. Solana also saw an uptick in decentralized finance (Challenge) Numbers. Solana price regained $155 with a 1.5% rise in daily trading volumes. With a market cap of $71.5 billion, Solana’s growth continues to spark bullish trends.

Solana meme coins are also marking huge gains in the market as the tokens form frenzied Q1 inflows.

Read also: 3 Meme Coins with Potential Post-CPI 300X Data

David Pokima

David is a financial news contributor with 4 years of experience in Blockchain technology and cryptocurrencies. He is interested in emerging technologies and has an eye for the latest news. Staying on top of trends, David has worked across several niches including regulation, partnerships, crypto assets, stocks, NFTs, and more. Far from the financial markets, David goes cycling and horse riding.

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The Top Three Small-Cap “Altcoin Gems” to Stack Right Now

TokenTalk Staff

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These Altcoins are expected to outperform the crypto market in May!

The crypto market is currently fragile, with sideways trading of Bitcoin and altcoins down significantly. In these uncertain times, Altcoin Buzz analyst rounded up three altcoins that have outperformed their peers. He said the analysis came from the Altcoin Buzz Alpha team, combined with current industry trends. Here is the list of parts:

Part 1: GPT Chain

The analyst said the first project on his list was ChainGPT and added that he is excited about the role of AI in the crypto space, especially where it intersects with blockchain technology. ChainGPT provides AI tools for blockchain projects, including chatbots, Solidity smart contract generators, smart contract auditors, NFT generators, and trading assistants for DEXs. It offers easy-to-use SDK and API access, making it developer-friendly.

One of its best features is the ChainGPT Launchpad, which helps crowdfund AI, decentralized social networks, and other Web3 projects. Although it fell 30% over the past month, it is up 60% over the past year, outperforming many altcoins.

Part 2: Hive Mapper

The second project on his list is Hivemapper, which is similar to Web3’s Google Maps. Built on Solana, Hivemapper has already mapped nearly 20% of the world’s roads. The project is highly decentralized with over 143,000 contributors. Solana’s speed and low fees also benefit Hive Mapper.

Hivemapper’s native token, HONEY, costs just below 7.5 cents with a market cap of $133 million. Although HONEY is down 60-65% in the last three months, it is up 350% over the last year, making it one of the best performing products.

Room 3: Clearpool

He said last on his list was Clearpool, which focuses on real-world assets. Clearpool is a decentralized credit marketplace for institutions, with KYC and AML controls for regulatory compliance.

Clearpool’s system means that high-quality borrowers do not need full collateral, unlike other DeFi protocols. The CPOOL token is currently down, but over the last 30 days it has increased by around 30-35% and over the past year it has increased by 670%, despite a recent decline.

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