Altcoins
Renowned crypto researcher identified top altcoins with 10x to 100x return potential
Famed crypto guru AlΞx Wacy stirred up excitement by hinting at an approaching altcoin season, signaling possible pushes for specific altcoins within a bustling $277.174 billion market.
Wacy’s projections suggest that only about 15% of altcoins could generate returns ranging from 10x to 100x during this expected altcoin season.
Wacy points to vital signs, like consolidation surpassing the $700 billion mark on TOTAL3 (excluding BTC and ETH), as a positive sign. This metric acts as a barometer, indicating whether the broader altcoin market is ready to break free from Bitcoin’s dominance.
Here’s everything there is to know.
Best Altcoins for Growth
Additionally, Wacy identifies 6 altcoin projects poised for notable growth during this all-expected season.
Memecoins (WIF/PEPE)
WIF and PEPE are emerging memecoins, which resemble the structure that drove DOGE’s growth during a previous cycle. These memecoins aim to achieve a market capitalization similar to that of SHIB. During the next bull run, expect WIF and PEPE to increase significantly, potentially 100x.
OndoFinance (ONDO)
ONDO serves as the governance token for Ondo DAO and Flux Finance. This token has seen strong demand, as evidenced by consistent investor support. Meanwhile, Wacy suggests potential entry point around $0.64given its current market capitalization of $1.1 billion.
Ethena_labs (ENA)
ENA is a synthetic dollar protocol offering a crypto-native alternative to traditional banking services. According to the analysis chart, trends on a weekly time frame suggest that ENA is poised for an upcoming acceleration in growth. From now on, ENA is trading at $0.90, showing a 12% increase in the last 24 hours, with a market cap of $1.28 billion.
ArweaveEco (AR)
AR, a decentralized storage network, could skyrocket if it maintains consolidation above the $49 mark. Analysts are predicting a potential super cycle, pushing AR to higher valuation levels.
EchelonFND (PRIME)
PRIME is a gaming universe project that is steadily attracting a growing user base. However, technical analysis indicates that PRIME is currently in a favorable buying zone, presenting an opportunity for investors looking to capitalize on potential growth.
Move with caution!
However, each of these altcoin projects represents a unique opportunity within the broader cryptocurrency ecosystem. Despite the excitement surrounding altcoin season, Wacy cautions investors about potential market volatility. Flash crashes and bear cycles could challenge gains, highlighting the need for strategic risk management.
As the altcoin market heats up, Wacy advises being vigilant and staying informed. This period of increased altcoin activity offers both risks and rewards for savvy investors.
Did you know: John Deaton owns 75% of Bitcoin and faces maximalist criticism
Are you ready to ride the altcoin wave? Prepare your investment strategy now!