Altcoins

Three Top Altcoins Poised for a July Surge

Published

7 months ago

9 July, 2024

Three Top Altcoins Poised for a July Surge

Although Notcoin has fallen below the standard it set over the past two months, the token remains one of the key projects in the Ton ecosystem, making it one of the top altcoins to watch in July. The Artificial Superintelligence Alliance token is also expected to have a great month after the historic merger. On the other hand, KangaMoon The presale exploits and its potential growth are evident and make it a top altcoin to buy amid this decline.

KangaMoon takes flight after listing

While Notcoin and Artificial Superintelligence Alliance are expected to have a good show in July, KangaMoon is another top altcoin that investors should invest their funds in. The platform became popular during the pre-sale, reaching incredible milestones and offering investors an ROI of over 400%.

After the presale, KangaMoon continued to fly. The token has already surged by almost 300%, with the price going from $0.05 to $0.15 ATH. Justifying this new surge with the presale, early adopters pocketed around 1,000% in profits. This new rally was helped by KangaMoon’s listing on CoinMarketCap and Coingecko, and then its subsequent listings on Uniswap and BitMart.

Analysts believe that this is not the end of KangaMoon, as the platform is starting to roll out programs for price stability. By purchasing the token now, investors can start exploring the staking dApp for more profit. The platform is also looking towards the broader NFT market, where it intends to launch a marketplace in the future.

Another good news is that KangaMoon’s market cap is only $100 million, a good start for a token that launched a few weeks ago. Continuing on this trajectory, experts believe that KangaMoon can reach a market cap of $1 billion by 2024, making it one of the best altcoins to invest in with a predicted rise to $1.

Despite the drop, Notcoin has growth potential

Notcoin got off to a flying start after its massive airdrop campaign. Upon its listing on exchanges, the token began to surge, resulting in an all-time high of $0.02. However, Notcoin’s price struggled to keep up with the pace it started at, losing 40% in the market. monthly price table.

Despite the decline, analysts believe Notcoin is one of the best altcoins to buy. The platform offers easy crypto trading, wallet payment integration, and a robust staking advantage for users, which could help fuel a recovery in 2024.

Artificial Superintelligence Alliance Token to Reach the Moon

The much-touted merger between three AI tokens has finally happened with Ocean Protocol and SingularityNET metamorphosing into the Artificial Superintelligence Alliance Token (FET). However, the Artificial Superintelligence Alliance coin is on the decline, having dropped 28% in the past week according to market data.

Although sellers have been more aggressive than buyers, the relative strength index of the FET token is giving the green light as it is about to break above the oversold level of 30. If the Artificial Superintelligence Alliance price breaks above this level, a rise to $2 for the Artificial Superintelligence Alliance cryptocurrency in July is possible.

Is KangaMoon the most profitable investment?

While both Notcoin and Artificial Superintelligence Alliance tokens are undoubtedly smart investment options, KangaMoon is slightly ahead of the competition in terms of profits. Its small market size is a considerable factor. At less than $100 million, the token has much more growth potential than the two competing tokens.

Discover the exciting opportunities of KangaMoon (KANG) today!

Website: https://Kangamoon.com/

Join our Telegram community: https://t.me/Kangamoonofficial

Buy KANG: MEXC, BitMart, Uniswap

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality and accuracy of the materials contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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

Disclaimer

Disclaimer: Blockchain.news provides content for informational purposes only. Under no circumstances shall blockchain.news be liable for any direct, indirect, incidental or consequential damages arising out of the use of, or inability to use, the information provided. This includes, but is not limited to, any loss or damage resulting from decisions made based on the content. Readers should conduct their own research and consult professionals before making any financial decisions.

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.