Altcoin
Top 6 Cryptocurrencies to Buy Before the 2024 Altcoin Season
Investors face an uphill battle to identify the most potential cryptocurrency to buy before the altcoin season begins later in 2024. Tokens such as Solana (SOL), Dogecoin (DOGE), Toncoin (TON), Pepe (PEPE) and Shiba Inu Coin (SHIB) ) boast solid technologies. With the right exposure, holders of these tokens could achieve substantial returns.
1.Solana (G)
Solana (SOL) continues to lead the charge in the decentralized finance sector, leveraging the open nature of blockchain technology to address existing challenges and innovate. Currently, the Solana price stands at $148, reflecting an 8% increase over the past 24 hours.
Solana Price Chart
The platform is experiencing a surge in total value blocked in its DeFi applications. This bullish trend is also increasing the attractiveness of meme coins on the Solana blockchain. These factors are solidifying SOL’s status as the leading cryptocurrency to invest in as we approach Altcoin season this May.
In the last week alone, Solana’s market value increased by more than 7%, showing strong market momentum. Although there has been a notable 20% drop in its value compared to the previous month, the overall market outlook on Solana is still optimistic.
2. Dogecoin (DOGE)
Dogecoin (DOGE), a popular cryptocurrency based on the beloved “doge” meme depicting a Shiba Inu, has recently seen a notable increase in its value. It currently holds a market capitalization of $22.75 billion, ranks eighth among all cryptocurrencies, and is the leading meme coin. THE Dogecoin price rose to $0.1569, marking a 19% increase in the last day alone.
Over the past year, Dogecoin has nearly doubled in value, up 96%. This remarkable growth is underlined by a surge in large transactions, indicating significant investments by major players or “whales”. This trend suggests increased interest in Dogecoin, positioning it as a key cryptocurrency to watch as altcoin season approaches May.
3. Toncoin (TON)
Toncoin (TON) is making waves in the blockchain arena with its advanced layer-1 technology, courtesy of Telegram’s development efforts. Known for its scalability and user-centric design, this blockchain platform caters to a broad audience. With minimal transaction fees and fast processing, it is gaining traction quickly.
Currently priced at $5.82, Toncoin it rose 10% over the past day and 11% over the week. This bullish momentum following a market rally is significant. Toncoin now sits in ninth position on CoinMarketCap, boasting a market capitalization of $20.2 billion, surpassing even Cardano.
During the last year, TONNE recorded an impressive growth of 181%, with a notable increase of 157% in the last month. This constant upward movement consolidates the attractiveness of Toncoin as one of the best investment options. With altcoin season upon us in May, Toncoin emerges as a prominent candidate for cryptocurrency enthusiasts.
4. Pepper (PEPE)
Pepe (PEPE), an Ethereum-based cryptocurrency, is quickly gaining attention. With a current market capitalization of $3.75 billion, Pepe coin has secured the 28th position in the market ranking. THE Pepper Price is at $0.000008925 and has seen a notable increase of 16% in the last 24 hours, becoming the reigning meme coin of the day on CoinMarketCap.
In the previous week, PEPE witnessed a significant increase of 32%, further cementing its status as a leader in the altcoin realm. Notably, its value has skyrocketed by an impressive 454% over the past year, positioning PEPE as a top contender for investors looking to capitalize on the booming altcoin season.
5. Panda Exchange (PANDA)
Panda Swap (PANDA) has recently seen a notable increase in value, driven by a wave of enthusiasm memetic currency passionate. In the last 24 hours, the PANDA The token’s price skyrocketed to $0.01455, marking an impressive 52% increase.
With a current market capitalization of $11.50 million, PANDA has secured its place among the top 1034 cryptocurrencies on CoinMarketCap. The integration of PANDA into various decentralized exchanges (DEXs) marks a significant milestone in enhancing its visibility and position in the digital currency landscape.
6. Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB) continues to make strides in decentralized finance, with a robust 12% increase in value. Currently, the SHIB price is at $0.00002557 and the coin is poised for further growth, maintaining its upward momentum. Ranked 11th on CoinMarketCap, SHIB holds a market capitalization of $15.06 billion.
Pepe Coin Price Chart
This notable rise can be attributed to various factors, including the intensification of trading activity, the consumption of strategic tokens, and the launch of Shibairum. These elements synergistically contribute to SHIB’s appeal, making it an attractive prospect for potential investors aiming for substantial returns.
Bottom line
As the altcoin season gains momentum in May, investors are keeping an eye on cryptocurrencies such as Solana, Dogecoin, Toncoin, Pepe, PANDA and Shiba Inu Coin. With impressive gains recorded recently, these digital assets present lucrative opportunities for those seeking significant returns.
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Altcoin
Top 3 Ethereum-Based Altcoins 3 Times
Despite the increasing selling pressure in the cryptocurrency market, mid-cap and small-cap altcoins have seen an increase in buying sentiment. This indicates a shift in interest among users towards these cryptocurrency tokens.
Are you thinking of investing in ETH-based altcoins for the next AltSeason?
Scroll down because in this article we have covered the top three Ethereum-based altcoins that have the potential to see a huge uptrend in their respective portfolios in the near future.
Safe Price Analysis (SAFE):
Despite the growing bearish sentiment in the cryptocurrency market, SAFE price has seen bullish price action for the third consecutive day, highlighting the increased price action for the altcoin in the market. Furthermore, it is currently trading at a discount of 76.3% from its ATH of $4.01.
TradingView: SAFE/USDT
The technical indicator, MACD, shows a steady decline in the red histogram, highlighting an increase in bullish sentiment in the cryptocurrency market. In addition, the averages show a potential bullish convergence, suggesting a high possibility of a positive reversal.
If the bulls continue to gain momentum, SAFE coin price will prepare to test its resistance level of $1,450. On the contrary, a bearish action could send this altcoin crashing towards a new all-time low (ATL).
Aethir (ATH) Price Analysis:
Aethir price has seen a bullish price action adding over 10% to its portfolio with a trading volume of $40.126 million despite a bearish cloud over the cryptocurrency space. Notably, with a market cap of $292.916 million, this altcoin has secured the 216th position in the global cryptocurrency list.
TradingView: ATH/USDT
The MACD indicator has been showing a steady rise in the green histogram. However, its RSI has been showing a strong bearish curve in the 1D time frame. This suggests mixed sentiment for the ATH price in the cryptocurrency market.
If the market holds Aethir price above its important support level of $0.07050, the bulls will gain momentum and prepare to test its upper resistance level of $0.08415. On the contrary, if the bears overpower the bulls, this altcoin will prepare to test its low of $0.06435.
Neiro Ethereum (NIERO) Price Analysis:
Built on the Ethereum chain, Neiro Ethereum is a project that has a total supply of only 1 billion tokens. Positively, it has no buy/sell fees or team tokens for governance or community approach. It operates on its own and promotes itself as the next big opportunity in the cryptocurrency world.
With a trading price of $0.1852 and a total supply of 1 billion tokens, it has successfully secured the 234th position in the global cryptocurrency ranking, with a market capitalization of $185.446 million.
Notably, it is up 53.86% over the past day with a trading volume of $36.64 million, a decline of 7.68%. Furthermore, it is up about 1,200% since its inception, highlighting a strong bullish outlook for the altcoin in the near future.
Altcoin
Top 6 Altcoins Set for Explosive Rally Before 2025
The cryptocurrency market is on the verge of significant change as we approach 2025. The Altcoin Daily Analyst Austin predicts that any changes in monetary policy could trigger a strong rally in altcoins, especially with a possible turn in the Federal Reserve’s benchmark interest rate expected in September.
This pivot could drive explosive growth in the cryptocurrency market, benefiting Ethereum, Solana, and several promising new altcoins. Here are some altcoins ranging from under $1 to $2 that can give you the highest returns in the current market crash.
We are excited, are you? Let’s dive in!
Top 6 Cryptocurrencies to Watch
Aethir: The Decentralized GPU Marketplace
Aethir is positioning itself as a leader in decentralized cloud infrastructure for gaming and AI. With over $36 million in annual recurring revenue, Aethir is addressing the growing demand for GPU computing driven by major tech companies like Google and Microsoft. Its decentralized infrastructure leverages underutilized GPUs, making it a key player in the burgeoning tech industry. The current price is $0.07176.
Ondo: The Best Bet in the RWA Sector
Next up is Ondo, whose real-world asset protocols are changing the tokenization of financial assets. With an annual dividend of 5.3% USDY, ONDO is the governance token for the Ondo DAO and Flux Finance. This token has seen strong demand, demonstrated by consistent investor buy-ins. Recently, ONDO’s price has dropped 35% in two months, forming a triangle pattern that suggests a breakout. Rising OTC holdings and reduced selling pressure suggest a bullish outlook. The current price is $0.9251.
Lukso: Blockchain for Creators and Social Media
Lukso’s social and cultural blockchain unites creators, brands, and users. An Ethereum doppelganger, Lukso adds Universal Profiles and gas-free transactions to blockchain usage. Its creative strategy and strong leadership make it a blockchain mass adoption project to watch. Current price is $1.71.
AIT Protocol: Decentralized AI Data Annotation
The AIT Protocol addresses the need for decentralized work in AI data annotation. Uniquely, the AIT Protocol connects human trainers with AI model owners to improve AI models through a decentralized marketplace. However, its adoption in Asia and strategic investments suggest that it could disrupt AI. The current price is $0.1169.
Foxy (Line): Meme coin with level 2 potential
Foxy, a meme coin for Linea Layer 2 Ethereum scaling, has an endorsement from ConsenSys. Foxy stands out in Ethereum Layer 2 due to Linea’s MetaMask integration and fast transactions. Additionally, Linea adoption and reduced transaction costs are influencing its growth. The current price is $0.01116.
Off the Grid: Emerging Altcoin for Gaming
Lastly, on the list is Off The Grid, developed by Godzilla. This highly anticipated AAA game promises to make waves in the crypto gaming industry. Although it hasn’t launched yet, positive feedback from industry experts supports its potential success.
Infrastructure projects like Immutable and specific games like Xers and Star Heroes are also worth considering for those interested in crypto gaming.
Altcoin
Top Analyst Admits He Ignored XRP For Years, But Now Finds XRP Chart Very Interesting
Scott Melker, host of The Wolf of All Streets podcast, said he hadn’t paid attention to XRP charts for a while, but now finds them intriguing.
Melker revealed this in a recent send after analyzing XRP’s pattern on the weekly timeframe. He shared a chart that suggests XRP is on track to break out of a significant resistance channel.
While acknowledging that a rejection is likely, Melker noted that a subsequent breakout is on the horizon. Furthermore, the analyst emphasized that regardless of an individual’s perception of XRP and its performance, this upcoming price action is worth keeping an eye on.
Notably, Melker’s latest analysis on XRP comes as the asset has outperformed the broader bear market, which staged a solitary comeback while others fell. XRP surged more than 10% on Wednesday, briefly emerging as the day’s best-performing cryptocurrency among the top 100.
This development has triggered renewed interest in XRPeven among market observers like Melker and Ali Martinez, who rarely comment on XRP’s price action.
XRP Resistance Levels to Watch
In his latest commentary, Melker identified immediate resistance levels that XRP must overcome on its climb to higher prices. These levels include $0.75 and $0.93, which XRP must overcome to reach $1, with additional barriers at $1.3 and $1.9.
Scott Melker’s XRP Chart
Interestingly, for the immediate barrier of $0.75, Melker is not the only analyst to emphasize its importance before aiming higher. Analyst “Crypto Adict” also commented on this level yesterday, urging caution versus ambitious goals like $100 when there are more immediate challenges.
The impact of this resistance level was evident in March when XRP rose to $0.744 in one day but he was unable to continue his ascent.
In his analysis, Ali Martinez echoed Melker’s sentiment by highlighting the $0.93 price level as a significant hurdle. Martinez stressed out that once XRP breaks above this level, it will effectively end its nearly seven-year downtrend, opening the door to higher highs.
At press time, XRP is back just above $0.60 after hitting $0.6556 yesterday, reflecting an 8% decline in the past 24 hours. Notably, XRP’s uptrend has been interrupted by Bitcoin’s volatility, as the leading asset fell back to the $63K range yesterday.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the personal views of the author and do not reflect the views of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Altcoin
Dogecoin (DOGE), ETFSwap (ETFS), and Shiba Inu (SHIB) are poised to lead the altcoin rally in a big way
Dogecoin (DOGE): Altcoin Rises From Meme Origins to Market Rally’s Top Spotlight
Dogecoin (DOGE), initially launched in 2013 as a “joke currency” based on a popular Shiba Inu meme, is now positioned to lead a major altcoin rally. Despite its humorous origins, Dogecoin is gaining popularity among investors due to its platform utilities, including transaction speed and payment methods. Currently, Dogecoin (DOGE) is trade at around $9,139, a recovery followed by a weekly low of $0.11.
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