Altcoins

Cryptocurrency pump! 6 Altcoins to Buy About to Climb into the Top 20

Published

8 months ago

4 June, 2024

Top Altcoins on the cusp of the 100X rally

THE cryptocurrency The market is booming and altcoins to buy like Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR), and Notcoin (NOT) show substantial growth potential. Due to the recent growth of cryptocurrencies, these cryptocurrencies are expected to reach the top 20 in June. Their particularities and their growing popularity allow them to develop.

1. Altcoins to buy Pepe (PEPE)

Pepe (PEPE), a cryptocurrency based on Ethereum, ranks 25th with a market value of $4.17 billion. PEPE is CoinMarketCap’s top meme coin after rising 1,040% in one year to $0.00001442.

PEPE Price rose significantly by 17% over the past two weeks, solidifying its place as a significant player in the alternative cryptocurrency market. Its price has also gained 64% over the past month, making it a great alternative cryptocurrency investment.

Pepe price table

PEPE is a solid prospect for investors who want to take advantage of the altcoin season during the 2024 bull run, as this bullish breakout puts the cryptocurrency in a favorable position. This growth trend has also had a beneficial effect on other

even currencies, like BONK, WirelessFLOKI, DOGE, and SHIB, reflecting a broader impact on the meme coin market as a whole.

2. Litecoin (LTC)

Litecoin (LTC) seeks to enable fast, secure, and cost-effective payments by leveraging the unique characteristics of blockchain. However, the price of Litecoin has recently fluctuated significantly due to external market pressures and global political uncertainty.

The price of Litecoin is $82.25, down 1% in the last 24 hours. It ranks 19th on CoinMarketCap, with a market capitalization of $6.13 billion.

3. Recover.ai (FET)

Fetch.ai (FET), an open artificial intelligence (AI) lab, is transforming the blockchain scene with its cutting-edge machine learning network. This platform focuses on decentralization and optimization of Internet transactions to improve user experience.

Fetch.ai Price Chart

The rise of Fetch.ai has piqued the curiosity of investors, particularly those interested in AI-based projects. As a result, Fetch.ai makes artificial intelligence technology more accessible.

Fetch.ai pricing is trading at $2.11, down 1.98%, indicating a slight downtrend in the market. FET has grown 661% over the past year, putting it on track to reach the top 20 by June.

4. Kaspa (KAS)

Kaspa is a PoW cryptocurrency that uses the GHOSTDAG system. Unlike standard blockchains, GHOSTDAG does not orphan parallel blocks but rather allows them to coexist and organize them by consensus. The Kaspa blockchain is essentially a blockDAG.

This generalization of the Nakamoto consensus allows secure operation while maintaining extremely high block speeds (now one block per second, aiming for 10/sec, dreaming of 100/sec) and microscopic confirmation times dominated by Internet latency.

According to data from CoinMarketCap, Kaspa Price rose 17% to $0.1769. This increase brought Kaspa’s market valuation to almost $4 billion, representing a whopping 18% increase. THE KAS Price has increased by more than 21% over the past week and 26% over the past month, indicating a positive trend.

5. Hedera (HBAR)

Hedera (HBAR), the foundational currency of the eco-friendly Hedera Network, performs a variety of vital functions. It reduces transaction prices while securing the network through a proof-of-stake mechanism. The total quantity of HBAR is limited to 50 billion coins, traded on multiple markets.

HBAR’s value skyrocketed after recent mentions from BlackRock, increasing by over 98% in just 24 hours. Over the past week, HBAR has declined by 2%, signaling a minor correction. The current price of Hedera is $0.1009. Hedera ranks 24th on CoinMarketCap, with a market capitalization of $3.69 billion.

6. Altcoins to buy: Notcoin (PAS)

Notcoin (NOT) started as a popular Telegram game that introduced Web3 users to a click-to-win mining feature. Notcoin is now priced at $0.02418, with a 24-hour trading volume of $4.5 billion, putting it ahead of Solana and Binance Coin.

Notcoin Price Chart

Notcoin rose 8.42% in the past 24 hours, ranking 52nd on CoinMarketCap with a market capitalization of $2.22 billion. Notcoin’s price increased by over 8% in the past week following a recent airdrop. This increase pushed open interest past $100 million, with short-term liquidations exceeding $4.4 million. Notcoin’s growing popularity is due to its interesting web3 money-making game hosted on Telegram.

Conclusion

Pepe (PEPE), Litecoin (LTC), Fetch.ai (FET), Kaspa (KAS), Hedera (HBAR) and Notcoin (NOT) set the tone in the cryptocurrency market. With the recent crypto surge, these altcoins to buy are poised to hit the top 20 by the end of this month.

Fuente

Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

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Fuente

Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.