Altcoins

Pack the bull market! Altcoins under $1 for 10-100x profit in 30 days

Published

8 months ago

30 May, 2024

Pack the bull market! Altcoins under $1 for 10-100x profit in 30 days

Investing in altcoins under $1 allows investors to leverage some of the best narratives in the market, including artificial intelligence (AI), real-world assets (RWA), meme pieces, and more. Catching the trend quickly often separates the winners from the losers, who become cash for those selling at the peak.

Therefore, as the bullish trend thaws, investors are eager to discover the greater potential. altcoins to grow their portfolios to unprecedented levels in 2024. This article seeks to uncover some of the top projects that could help transform ordinary investments into great fortunes in 30 days.

1. GameStop (GSTOP) Overtakes Altcoins Under $1

Stoppage of play has seen a sharp rise of over 144% since its launch, indicating bullish sentiment among investors and strong market performance. Over the past week, GSTOP has been trending upward from $0.00024 to over $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 leverage its popularity to challenge established meme coins like DOGE and SHIB.

With the current bullish pressure on the new coin, GameStop appears to be entering a bullish phase. The momentum suggests that there is a possibility of breaking the $0.0053 resistance level. If the uptrend continues, the value could reach near $0.007. The long-term outlook targets $0.009, and with further bullish pressure, GSTOP price could soon reach $0.01.

2. Notcoin (NOT)

Notcoin trading volume increased to $1.26 billion on Thursday, highlighting 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 getting as many users into the game as possible. Web3 space. The simplicity of the platform as a mining protocol to earn has attracted many users.

Many cryptocurrency exchanges have added support for Notcoin trading, including leading platforms such as Binance, KuCoin, Bybit, OKX, Bitfinex, etc.

Adoption in the crypto market is often achieved with exposure based on exchange support. If Coinbase and other top exchanges like Kraken do NOT add as a tradable asset, the time to $1 could be significantly reduced.

Notcoin Price Prediction Chart | Commercial view

Notcoin is looking for support above $0.012. The relative strength index (ROI) reinforces the bullish outlook as it bounces into the overbought zone at 71. If the hype around the token continues to skyrocket, price discovery could continue up to $0.1 and eventually reach $1 .

3.XRP

Over the past week, XRP posted a modest 3% rise, reflecting a gradual upward trend despite recent consolidation. This week, XRP traded in a tight range, highlighting the tug of war between the bulls and bears.

XRP’s market capitalization has also declined, currently standing 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 $1.27 billion, suggesting active trading despite the overall price decline.

XRP Price Chart

With the Ripple versus SEC As the trial heated up, ro-XRP lawyer Bill Morgan responded to concerns about Ripple’s ODL sales, arguing that they did not harm the price of XRP. Recently, Ripple submitted a response letter supporting its motion to seal documents related to the SEC’s Motion for Judgment and Relief.

Meanwhile, the XRP the market experiences significant fluctuations, suggesting potential volatility. The cross-border money transfer token could breach the $0.53 resistance level if the bullish momentum continues. A sustained upward move could push the price towards $0.7, and possibly reach $1 by the end of June.

Conclusion

Altcoins are on the verge of a major breakthrough. Although Bitcoin and some tokens hit new all-time highs in the first quarter, most sub-$1 altcoins remain suppressed in the market waiting for a trigger to soar. Exposing yourself to the right projects and the right could pave the way for the mother of all bull runs in 2024. Further research into these and many other altcoins is needed before investing.

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.