Altcoins
4 Altcoin will then reach an all-time high; Buy now
According to fear and greed index, a major change in user sentiments is observed from greed to neutrality after the fall of Bitcoin. As a result, the market is falling, putting downward pressure on the rest of the cryptocurrencies. However, some altcoins have kept the trends alive and are poised to reach new all-time highs. On this note, let’s look at the altcoin, which could then reach an all-time high and generate profits even in these market conditions.
Kaspa (KAS)
Kaspa is trading at $0.1636 with a market cap of 3.9 billion, ranking it 25th. CoinmarketCap. The altcoin has been on a bullish rally for weeks, setting an all-time high earlier before declining due to the market plunge. However, the chances of recovery are high as investors eye higher gains. THE KAS Price is only 14% off the ATH, and if the market recovers in the coming days, it could rise significantly.
Notcoin(NOT)
Once again, Notcoin began to rise again after its previous rally, where it reached an all-time high of $0.02896 earlier this month. It is trading at $0.01935 and has gained 14%, even in this falling market, indicating a growing demand for this altcoin among investors. According to analysts, the Notcoin price could rise up to 75% in the coming days once the overbought phase is over.
Ondo (ONDO)
Ondo is in prime time, where its value has been continuously bullish since February 2024, creating higher and higher highs. The altcoin recently hit an all-time high target of $1.48 and is consolidating following the Bitcoin Price drop. However, the bulls are still active for Ondo and the price could recover quickly after the rally months. At the time of writing, ONDO price is at $1.17, which is only 19% away from the ATH, making recovery easier.
io.net (IO)
IO launched just three days ago and immediately caught the attention of investors. It is the native token of io.net, which is a decentralized artificial intelligence computing network. Because of this, the hype almost immediately drove its price up to $6.45. Although the altcoin has moved away by 21% and stands at $5.15, there is a good chance that it will rise again, according to analysts.
Before the current market drop, it was a pretty optimistic day for cryptocurrencies, where many altcoins reached new all-time highs. The same thing can happen again once the market trend changes.