Altcoins
Altcoins Trend Buy Under $50 to Gain 10x Soon
Trends determine the performance of the altcoins, because they can increase or decrease their performance. For now, the crypto market is no longer exhibiting bullish behavior as the fear and greed index rose to 51, which is about to turn bearish. The global market capitalization fell to $2.34 trillion, with trading volume down to $56.78 billion, confirming the same.
In such conditions, trending altcoins are the best profitable options. On that note, let’s discuss some cryptocurrencies that tend to fetch ten times more in this market.
Arweave (AR)
Arweave has made gains of 180% year to date, even after recently facing a steep decline. Despite the obstacles, Arweave is in the best performing days of the last three years, as it peaked mainly in November 2021, reaching an all-time high of $90.94. From now on, AR Price is at $27.88 with a market cap of $1.8 billion and could rise again depending on its popularity
Toncoin (TON)
Toncoin is one of the most profitable altcoins this year, as it has made gains of 210% so far, increasing its value as high as $8.24 at the start of the month. Although the value has declined, the possibility of further rise is high due to its connection with the popular social media platform. Telegram. As of now, Toncoin price is $7.17 with a market cap of $17.6 billion, making it the 9th largest cryptocurrency by year. CoinmarketCap
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Pendle (PENDLE)
Pendle is now only 18% off the ATH of $7.52 reached two months ago despite the market decline at the time. It is among the least popular altcoins, but it has still made gains of 420% this year. Of these, 19% occurred this week and 4% today. With this, PENDLE is bullish at the moment and could continue to be as its price surged to $6.17 with a market cap of $955 million.
MAGA (ASSET) 2942%
MAGA has reached the top and is dominating the rest of the altcoins with gains of 2942% this month. This is a trend due to the increasing demand for Trump Themed Coins in the market due to Donald Trump’s appearances in the news. The rise could continue for a long time since the price jumped 13% in the last 24 hours. It is currently trading at $8.06, closing in on the ATH of $17.52 set earlier this month.
Trends vary over time, and only a few cryptocurrencies can survive change or crypto market barriers. Having a diversified portfolio including both long-term and short-term winners and analyzing the market when to buy and when to sell can generate profitable results 10x or more.
Continue reading Cryptocurrencies make the biggest recoveries on June 22