Altcoins

Top 5 Small-Cap Tokens to Stack for the Week Ahead!

Published

8 months ago

8 June, 2024

Top Four Altcoins with 100X Potential to Stack Right Now

The cryptocurrency sector has shown a significant increase in price volatility, with major tokens experiencing constant price fluctuation in their respective wallets. Additionally, with the increased bearish sentiment in major cryptocurrencies, small-cap altcoins showed a bullish reversal.

This highlights a growing investor interest in these crypto tokens to maximize their short-term profits. Are you planning to invest in such altcoins to make massive profits, but don’t know where to invest?

Dive in because, in this article, we have covered the top 5 low capital altcoins that have a high potential to record a gain of up to 100% in their respective portfolios in the coming week.

KARRAT (KARRAT):

Karrat is an artificial intelligence (AI)-powered decentralized blockchain designed to support the gaming, AI, and entertainment industry. It allows the integration of digital collectibles and their metadata. Additionally, its native token “KARRAT” joins the community by serving as a payment system.

With a trading price of $1.09, a circulating supply of 87,684,609 KARRAT tokens and a total supply of 1 billion tokens, the altcoin secured the 465th place on the global crypto market list with a market capitalization of $95.34 million.

Positively, Karrat coin price increased by 9.63% over the past day and around 60% over the past week. Additionally, the altcoin has surged 87.70% over the past 30 days and has rewarded a year-to-date return (YTD) of 17.69%.

CoinEx Token (CET):

Launched in 2018 on the Ethereum chain, CoinEx is a decentralized trading system governed by its community. It aims to specifically develop 3 public channels which are the DEX channel, the Smart channel and the Privacy channel. Its native token “CET” powered the CoinEx chain.

Despite correcting around 4% over the past day, the altcoin has added 28.56% over the past seven days and 87.64% over the past month, indicating strong bullish sentiment for CET price in the crypto space. Additionally, its year-to-date return is over 127%.

The root network (ROOT):

The root network is a layer 1 and was designed as the hub of the open metaverse where anything can be connected to anything else. The ROOT token is the main token of the root network. Additionally, the network separates the staking token from the gas token.

Additionally, ROOT price increased by over 1% over the past day and by 2.39% over the past week. Additionally, it has surged about 15% in the last 30 days and has an annual return of 4.42%.

At the time of writing, Root Network (ROOT) had a trading price of $0.04708, a circulating supply of 1,038,925,778 ROOT, and a max supply of 12,000,000,000 ROOT tokens. With a market capitalization of $48.94 million, it ranks 641st in the list of cryptocurrencies.

Wing Financing (WING):

Wing Finance is a decentralized credit-based platform designed specifically for cryptocurrency asset lending and cross-chain communication between multiple decentralized finance (DeFi) projects. Its native token “WING” constitutes the primary means of payment in the Wing ecosystem.

Despite a 16.96% correction this year, WING price increased by 13.86% over the past day and 21.87% over the past week. Additionally, the altcoin surged 37.89% over the past week, highlighting increased bullish sentiment for the Wing Finance crypto in the market.

Hacking Token (HAI):

Built on the Ethereum chain, the project serves as a multi-faceted utility token within the Hacken ecosystem. The platform’s main goal is to improve cybersecurity in the blockchain space. Its native token “HAI” functions as a work-to-play, product utility, and governance token.

With a price of $0.05194, a circulating supply of 645,081,280 HAI, a total supply of 971,883,420 HAI, and a max supply of 1,000,000,000 HAI, the altcoin has a market cap of 33.53 million of dollars and got the 759th position on the global crypto market list. .

Additionally, the altcoin added around 8% to its portfolio over the past day and 5% over the past 30 days. Additionally, the altcoin has a year-to-date yield (YTD) of 34%, indicating a bullish outlook for HAI price in the coming times.

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.