Altcoins
Top 3 Altcoins to Rise from $1 to $10 by End of May
With the growing bearish influence in the market, Bitcoin’s 14% decline in April continues this month. Some altcoins are preparing for a bullish takeoff as BTC price approaches the psychological milestone of $60,000.
Ready to swim against the bearish tide in the broader market, these altcoins could explode this month to new all-time highs. Additionally, will a bullish reversal in Bitcoin fuel these altcoins’ rally or increase supply with BTC prices slipping below $60,000?
Top 3 Altcoin Bets for 10x Profit by End of May
Bicycle (BICYCLE)
Velo Labs is revolutionizing financial transactions with its innovative federated credit exchange network powered by the Velo protocol. It facilitates digital credit issuance and borderless asset transfers through a robust smart contract system.
Using the Stellar Consensus protocol for fast and secure transactions, Velo Labs is quite versatile. It supports a wide range of commercial applications, at the heart of which is the ability to issue digital credits backed by collateral and linked to any fiat currency. This helps to improve the transparency and efficiency of value exchanges.
With a market capitalization of approximately $186.7 million, VELO ranks 290th in the crypto market.
The recent bullish reversal in the price of the VELO token puts it on the radar of many investors looking for underappreciated small-cap altcoins. With an increase of over 300% in the last six weeks, the altcoin’s uptrend is attractive and projects a stronger trend this month.
With an all-time high of $2.07 and a current market price of just $0.0251, the upside potential is huge for Velo. If the bullish trend continues in the market, the altcoin could easily see more than 10x growth in 2024.
LeverFi (Lever)
LeverFi offers a revolutionary platform that seamlessly combines trading and yield farming, allowing traders to leverage their investments more efficiently. Users can deposit different types of collateral, including Bitcoin, Ethereum, and liquidity provider tokens from Curve and Uniswap, to unify and trade on a larger scale.
LeverFi improves transaction efficiency with a simple fee structure, charging just 1% per transaction.
The LEVER token price shows a trend reversal in 2024, reaching almost 200% and provides an entry opportunity in the event of a breakout. Breaking through the $0.003750 resistance zone, the altcoin is poised for a massive jump this week.
If the bullish trend continues in the Bitcoin or DeFi sector, the altcoin could rise 10x in May.
Main street (TOP)
HIGH Token is the backbone of Highstreet, a to-earn metaverse that combines decentralized commerce and virtual reality support. Additionally, this ecosystem allows for seamless currency exchange between the physical and virtual worlds. It offers a unique marketplace where in-game items have value and can be exchanged for real-world products.
As players navigate the metaverse, they acquire items that transcend digital boundaries, enhancing their virtual and physical experiences.
HIGH has a market capitalization of $230.3 million, ranking it 258th in the world. Furthermore, the HIGH price performance reflects an all-time high at $40.26, a discount of 88.65%, as it currently trades at $4.57.
Additionally, the altcoin has remarkably increased by over 100% in the last four weeks. So, with the altcoin’s bullish momentum increasing, buyers could experience a massive jump this month.