Altcoins

Is it possible to turn $100 into $100,000? 4 Altcoins Under $1 That Can Make You Millions

Published

3 months ago

3 May, 2024

Is it possible to turn $100 into $100,000? 4 Altcoins Under $1 That Can Make You Millions

Looking to turn a small investment into a six-figure profit? Well, these are not far-fetched dreams, considering the fast pace of the crypto market. This article lists the four best altcoins under $1 that can make you millions. Get your $100 ready and let’s help you make millions.

Dogecoin (DOGE) still has room to grow

Dogecoin (DOGE) is already the largest coin in terms of market capitalization and has the potential to continue growing if the market enters the long-awaited bull run. Dogecoin (DOGE) is currently on an upward trend, as the meme coin is trading almost 100% up from its price a year ago. Dogecoin’s positive price trend over the past year has been fueled by recent market optimism, with Dogecoin (DOGE) as a platform logo for a few days, and the priority of the meme coin as the big winner in the market.

Dogecoin (DOGE) is still selling below $1 as the community continues to pursue its price target. The meme coin is trading at $0.15 as of this writing, but is still down about 80% from its all-time high of $0.73. A $1 price projection for Dogecoin (DOGE) presents a large profit margin that you could take advantage of, as several experts believe a bull run is on the horizon for the meme coin.

Hedera (HBAR) could still be a good one among the best Altcoins

Over the past few days, price developments on Hedera (HBAR) clarified the difference between hype and reality. The cryptocurrency rose dramatically after news broke of a tokenized BlackRock fund launching on the blockchain. It turned out that BlackRock was never involved, and it was a miscommunication on the part of the Hedera Foundation, which posted the original misleading message on Twitter. This drama led to an overreaction to the price of Hedera (HBAR) – first, a 96% surge in the HBAR token, followed by a sharp correction.

However, Hedera (HBAR) continued to trade in a slightly higher price range before the news broke. HBAR is currently $0.1068 as of this writing, which could suggest underlying interest in Hedera’s unique blockchain technology.

Hedera Hashgraph uses a directed acyclic graph which differs from a traditional blockchain structure and establishes itself as a network of choice for tokenized assets. Buying Hedera (HBAR) could be a great plan to secure millions as the value rises.

Experts remain positive on XRP

Despite the legal problems over Ripple (XRP), several experts still believe that the cryptocurrency is in the ideal range for a price rise. It already appears that the legal issues surrounding Ripple (the company behind

XRP is trading at $0.519 at the time of writing, which remains down over 80% from its all-time high. This could be an undervalued price to buy XRP and hope for massive gains during the recovery.

ETFSwap (ETFS) Could Have the Highest Returns of All Altcoins

ETFSwap (ETFS) is the golden pick of all the altcoins featured in this article, as it has immense profit potential. This new project is currently in pre-sale, offering the opportunity to go below the market cap and position yourself for massive gains. Experts estimate that this new pre-sale coin has the potential to increase by 10,000%, but why?

ETFSwap (ETFS) is a new platform for trading tokenized ETFs, market making, perpetual trading with up to 10x leverage and other new DeFi use cases. This platform provides global access to various ETFs from various sectors. These ETFs are tokenized on the blockchain, allowing for seamless integration with cryptocurrencies and other crypto functionality.

ETFSwap (ETFS) will enable rapid crypto to fiat exchange, rapid settlements, faster trading at lower costs, and more. ETFSwap (ETFS) do not have to stick to the trading hours associated with traditional financial markets and can access, sell and buy assets whenever they want. This innovative platform has opened a new market for tokenization and real-world assets, which is expected to be worth $10 trillion by 2030.

You can reap huge benefits from this growth projection by purchasing pre-sale ETFS now. Stage 1 of the ETSwap (ETFS) Presale is still selling at $0.00854, allowing investors to make early presale gains before Stage 2 begins at $0.01831.

For more information on the ETFS presale:

Visit the ETFSwap Presale

Join the ETFSwap community

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Altcoins

Best Altcoins for the Next Bull Cycle: Santiment’s Recommendations

Published

3 hours ago

27 July, 2024

TokenTalk Staff

Best Altcoins for the Next Bull Cycle: Santiment’s Recommendations

As Bitcoin (BTC) approached the $67,000 mark on Friday, the altcoin market, led by Ethereum (ETH)has shown strong bullish signals. Many altcoins are reaching the peak of a multi-week consolidation phase that began earlier this year. On-chain data also indicates that institutional investors have been actively buying crypto assets, preparing for the next phase of the bull market.

Additionally, several altcoins have recently retested the bullish breakout of the overall downtrend. With Bitcoin dominance set to decline, focusing on the altcoin market could be a smart move to maximize returns.

Expert advice: What should you pay attention to?

According to market intelligence platform Santiment, investors should keep an eye on the average trading returns of different assets.

After critically analyzing market data, Santiment believes that Shiba Inu (SHIB), Uniswap (UNI), Polygon (MATIC), Chainlink (LINK), Cardano (ADA), and Ripple-backed XRP are the best large-cap altcoins to buy now to maximize profits in the future.

Meanwhile, Santiment pointed out that Toncoin (TONNE), Bitcoin, Ethereum (ETH), and Dogecoin (DOGE) present a higher risk to maximize profits in the planned alternative season.

Market Outlook: Volatility Ahead?

With the Federal Open Market Committee (FOMC) expected to deliver its policy statements next week, increased volatility in the cryptocurrency market is likely. Furthermore, historical data suggests that August could bring a bearish trend for the sector.

Despite this, the cryptocurrency market is expected to turn bullish again in the fourth quarter, driven by the US elections and anticipated interest rate cuts.

Invest smart. The future of cryptocurrencies is bright.

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Altcoins

Analyst Says Ethereum-Based Altcoin “Looks Strong As Hell,” Outlines Path Ahead For Bitcoin And Solana

Published

4 hours ago

27 July, 2024

TokenTalk Staff

Analyst Says Ethereum-Based Altcoin “Looks Strong As Hell,” Outlines Path Ahead For Bitcoin And Solana

A widely followed crypto analyst and trader believes a memecoin is headed for the next leg higher.

Pseudonymous crypto trader Altcoin Sherpa tell his 216,400 followers on the social media platform X that Pepe (PEPE) market fundamentals appear solid.

“PEPE: I never got a chance to add $0.00001111, but I’m still in it. He seems pretty strong. I’m still a big fan of memes in general.”

Source: Altcoin Sherpa/X

Pepe is trading at $0.00001128 at the time of writing, down 8% in the last 24 hours.

Then the analyst said Ethereum (ETH) rival of Solana (GROUND) has greater upside potential due to network activity.

“SOL: Go long on Solana. Why? Because SOL memes continue to take off and everyone is denominated in Solana. Being in the trenches of crap money really helps you understand this stuff better. I expect a pullback soon, but this would be the bottom to buy in my opinion.”

Source: Altcoin Sherpa/X

Looking at the analyst’s chart, he suggests that SOL could eventually reach $205.

Solana is trading at $166 at the time of writing, down 6.7% in the past 24 hours.

Finally, the analyst said that Bitcoin (Bitcoin) appears to be in an uptrend but could retest the $63,000 level.

“BTC: Price still looks pretty strong to me. If you really want a dip to get in, look for $63,000 around the 200 four-hour exponential moving average (EMA). For now, things should continue in my opinion.”

Source: Altcoin Sherpa/X

At the time of writing, Bitcoin is trading at $64,596, down nearly 2% in the past 24 hours.

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Altcoins

XRP, ADA, and Other Altcoins to Accumulate Ahead of Trump’s Nashville Speech

Published

5 hours ago

27 July, 2024

TokenTalk Staff

XRP, ADA, and Other Altcoins to Accumulate Ahead of Trump's Nashville Speech

Bitcoin has recovered most of its losses from the week as traders eagerly await former U.S. President Donald Trump’s appearance at the Bitcoin 2024 conference in Nashville, Tennessee. Interestingly, Bitcoin gained over 1% today as Trump appears to have changed his stance on digital currencies this election cycle.

Analysts Buzz About Altcoins said that this week, crypto whales have been quietly accumulating several altcoins, showing confidence in their short-term potential despite recent performance declines. Here are the top altcoins:

Arbitration:

Current price: $0.72

Whale activity:Despite its significant decline since the start of the year, Arbitrum has seen an 87% increase in net inflow from large holders over the past week. This suggests that whales believe in the token’s long-term potential. Arbitrum, a Layer 2 scaling solution for Ethereum, aims to improve transaction speeds and reduce costs on the Ethereum network. The recent accumulation of whales could indicate confidence in its technology and future adoption.

XRP:

Current price: $0.59

Whale activity:According to Santiment, the number of addresses holding between 100 million and 1 billion XRP tokens has increased since July 23. This shows that the supply has increased from 38% to 40%, which is a sign of growing confidence among large holders. XRP has benefited from recent legal victories and market sentiment, making it an attractive option for whales.

Cardan:

Current price: $0.41

Whale activity:Cardano saw a staggering 10,878% increase in large holder inflows in a single day, surpassing the 5 billion mark. This indicates a significant level of confidence among whales in ADA’s recovery potential. Cardano’s recent upgrades and continued development have been positively received by the market, contributing to its attractiveness.

Chain link

Current price: $13.55

Whale activity: Chainlink recently integrated its Cross-Chain Interoperability Protocol (CCIP) with TrueFi on the Ethereum and Arbitrum blockchain platforms. TrueFi, backed by Coinbase and Chainlink, provides transparent and real-time financial data, improving the decentralized finance (DeFi) ecosystem. This integration could drive increased adoption and usage of Chainlink, making it a popular choice among whales.

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Altcoins

Ethereum (ETH) ETF Fails to Spark Altcoin Season, Market Rebounds Above $1 Trillion

Published

6 hours ago

27 July, 2024

TokenTalk Staff

The rebound in altcoin market cap to $1 trillion slightly changes the positive dynamics for the much-anticipated altcoin season in Q3 2024.

Bulls took control of today’s session, pushing the total cryptocurrency market cap to $2.39 trillion, up 4% in 24 hours at press time. Total trading volume stands at $82.2 billion, up 4.4% in 24 hours, at the time of writing.

The Ethereum ETF was supposed to be the flagship of the altcoin season, but the response so far suggests nothing in its favor.

Altcoin market cap is moving in a flag pattern, a steady rise above $1.56T could trigger the altcoin rally and lead to the altcoin season with favorable market conditions.

Ethereum ETF Potential Stabilizes

The Ethereum ETF got off to a strong start with $1 billion in trading volume on its first day with massive inflows and outflows. This activity attracted a lot of money to Ethereum but failed to circulate among other altcoins.

With the launch of Ethereum, market sentiments were poised to trigger the altcoin season, but the cooling volume of the ETH ETF and the distributed interest in the BTC ETF could not muster enough power.

While the price of Ethereum (ETH) is yet to react, experts predict that the price will see a massive surge between $4,000 and $7,000. At the time of writing, ETH is trading at $3,271 with a 24-hour growth of 3.08%.

Altcoin Season Indicator Kills All Hopes.

The required demand for the altcoin season has not been met by the cryptocurrency markets and this can be seen in the Altseason Season Index indicator which is below the threshold of 25.

A push above 75 will mark the start of altcoin season.

Source Blockchain Center

Furthermore, analyzing the performance of the top 50 assets in 90 days shows that only 11 of them have outperformed BTC.

To kick off the official altcoin season, at least 75% of assets must outperform Bitcoin.

An increase in inflows and the return of investors in September and October could potentially trigger the altcoin season we have all been waiting for.

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