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Altcoins

Tech-Savvy Investors Focus on 3 Altcoins to Buy Targeting 50X Profit

TokenTalk Staff

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4 Altcoins to Buy Before Altcoin Season Starts

The crypto market cap crossed the $2.5 trillion mark again on Thursday, thanks to a remarkable increase in Bitcoin Price above $66,000. However, for tech-savvy investors, now is the time to focus on altcoins to buy as Ethereum (ETH)Binance Coin (BNB), Solana (SOL), and XRP. Terra Classic (LUNC), dogwifhat (WIF) and Floki are altcoins to buy to consider when creating a crypto wallet in 2024.

Will these Altcoins to buy rally in 2024

Bitcoin halved in April 2024, put the crypto market on the path to a parabolic rally. However, a few weeks after the historic event, Bitcoin is still playing in the doldrums with little to no signs of a major run ahead.

Investors are on the edge, especially those who focused on altcoins to buy in the first quarter as BTC exploded to a new all-time high. Many weak hands are driven out of position in times of uncertainty.

However, tech-savvy investors understand market psychology after studying historical price movements, especially those related to the Bitcoin halving. The impact of this event begins several months after the actual date, often due to the gradual reduction in supply and increase in demand for BTC.

Having Bitcoin is essential for most wallets. However, tech-savvy investors are considering buying altcoins with the potential to return more than 50 times during bull markets. This value can then be reinvested in Bitcoin, ensuring the long-term value of crypto assets is retained and maintained.

1. Best Altcoins to Buy – Terra Classic (LUNC)

Based on the prevailing technical structure, the LUNC price prediction affirms a potentially massive bullish outcome in May and the coming months.

Terra Classic Price fiercely defended support at $0.0001, as shown on the daily chart. The recovery from this level is strengthening, with LUNC expected to break through resistance at $0.0001060, highlighted by the 20-day exponential moving average (EMA) (the blue line overlying the chart).

LUNC Price Prediction Chart |  Commercial viewLUNC Price Prediction Chart | Commercial view

The Relative Strength Index (RSI) position at 45 and its potential for recovery above the midline reinforces the growing bullish grip. If the RSI breaks through the descending trendline resistance, it could ignite a fire in LUNC, opening the way for gains above $0.001.

On the upside, a break above the dotted trend could propel LUNC 66% higher, marking validation of the double bottom pattern.

2. Dogwifhat (WIF)

Over the past week, the WIF digital currency has seen significant price volatility, ranging from $3.30 to $2.70. These fluctuations highlight the unpredictability inherent in digital assets. Notably, WIF experienced an increase of more than 4% as it entered a bearish phase today.

Since Meme based on Solana The coin reached an all-time high of $4.85 on March 31, the bull and bear phases alternated rapidly, reflecting the speculative nature of meme coins and their sensitivity to market sentiment. Despite WIF’s recent bearish price, there has been a notable 4% rise over the past month.

Altcoins to buy - dogwifhatAltcoins to buy - dogwifhatWIF Price Chart | CoinGecko

A bullish resurgence could see dog hat break the resistance level of $3.10. This breakout could propel the value towards a new high of $4 and potentially up to the resistance level of $5.

3. Floki

Amid the post-Bitcoin Halving consolidation, the majority of major cryptocurrencies, including FLOKI coin, have entered a sideways trend since April 19. This consolidating meme coin has been capped between $0.000202 and $0.000127 horizontal levels.

However, a look at the daily chart shows that FLOKI Price The development of new higher lows indicates that buyers are trying to regain control and actively accumulate on dips. Connecting these lows with a support trend revealed the formation of an ascending triangle pattern.

In theory, this chary pattern indicates the creation of bullish momentum that is released with the break of the neckline resistance. If the breakout continues, FLOKI coin increases its value to $0.00026, followed by $0.000031.

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John is a seasoned crypto expert renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Forecast Editor for Market Content at CoinGape Media, he is dedicated to providing valuable insights into price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding On-Chain Data Analytics, Non-Fungible Tokens (NFT), Decentralized Finance (DeFi), Centralized Finance (CeFi) and the dynamic landscape of the metaverse. Through his constant reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.



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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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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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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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