Altcoin
Bring the bull market with you! Altcoins under $1 for 10X-100X profit in 30 days
Investing in sub-$1 altcoins allows investors to tap into some of the market’s best narratives, including artificial intelligence (AI), Real World Resources (RWA), meme coins and more. Catching the trend early often separates the winners from the losers who turn liquidity to those who sell at the peak.
Therefore, as the bull run unravels, investors are eager to discover the maximum potential altcoins to grow their portfolios to unprecedented levels in 2024. This article tries to uncover some of the major projects that could help turn ordinary investments into big fortunes in 30 days.
1. GameStop (GSTOP) Surpasses Altcoins Below $1
GameStop has seen a sharp increase of over 144% since its launch, indicating bullish sentiment among investors and strong market performance. Over the past week, GSTOP followed an upward trend, rising from $0.00024 to above $0.0056, reaching an all-time high of $0.005803 on May 27, 2024.
GameStop price chart
This impressive growth has raised questions about its potential to dominate the meme coin market. With strong community support and a history of rallying retail investors, GameStop could use its popularity to challenge established meme coins like DOGE and SHIB.
With the current bullish pressure on the new meme coin, GameStop appears to be entering a bullish phase. Momentum suggests that it is possible to break the $0.0053 resistance level. If the uptrend continues, the value could reach around $0.007. The long-term outlook points to $0.009, and with further bullish pressure, the GSTOP price could soon reach $0.01.
2. Notcoin (NOT)
Notcoin trading volume increased to $1.26 billion on Thursday, indicating growing interest in the token according to CoinMarketCap. Several factors appear not to lead to higher levels, including new developments and partnerships.
Notcoin started as a viral Telegram game focused on onboarding as many users as possible Web3 space. The simplicity of the platform as a tap-to-earn mining protocol has attracted many users.
Many cryptocurrency exchanges have added support for Notcoin trading, including leading platforms such as Binance, KuCoin, Bybit, OKX, Bitfinex and more.
Adoption in the cryptocurrency market is often achieved with exposure based on exchange support. If Coinbase and other major exchanges like Kraken added NOT as a tradable asset, the time to reach $1 could be significantly shortened.
Notcoin Price Prediction Chart | Tradingview
Notcoin is looking for support above $0.012. The relative strength index (CSR) strengthens the bullish outlook as it bounces into the overbought region at 71. If the hype around the token continues to rise, price discovery could continue up to $0.1 and eventually reach $1.
3.XRP
Over the past week, XRP has shown a modest increase of 3%, reflecting a gradual upward trend despite the recent consolidation. This week, XRP has been trading within a tight range, highlighting the ongoing tug of war between bulls and bears.
XRP’s market capitalization has also declined, currently sitting at around $28.8 billion, placing it seventh among others cryptocurrencies. The 24-hour trading volume showed a positive trend, increasing by 9.34% to reach $1.27 billion, suggesting active trading despite the overall price decline.
XRP price chart
With the Ripple vs. SEC As the lawsuit heated up, ro-XRP lawyer Bill Morgan addressed concerns about Ripple’s ODL sales, arguing that they do not hurt the price of XRP. Recently, Ripple submitted a response letter in support of the SEC’s Motion to Seal motion for judgment and remedies.
Meanwhile, the XRP the market is experiencing significant fluctuations, suggesting potential volatility. If the bullish momentum continues, the cross-border money transfer token could break above the $0.53 resistance level. A sustained bullish move could push the price towards $0.7, possibly reaching $1 by the end of June.
Bottom line
Altcoins are on the verge of a major breakout. Although Bitcoin and select tokens reached new all-time highs in the first quarter, most altcoins under $1 remain suppressed in the market waiting for a trigger to skyrocket. Exposure to the right projects and the right could pave the way for the mother of all bull runs in 2024. More research is needed on these altcoins and more before investing.
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