Altcoins

Which Altcoins Are Hitting All-Time Highs: Is the Crypto Revolution Here to Stay?

Published

6 months ago

18 July, 2024

Which Altcoins Are Hitting All-Time Highs: Is the Crypto Revolution Here to Stay?

The cryptocurrency market has come out of the storm, with altcoins preparing for the next phase of growth after last month’s sharp drops. According to the opinions of famous analysts, several altcoins are set to reach new all-time highs.

This article will answer the question of which of Beercoin, Notcoin and Angry Pepe’s Fork has the best chance of making a new ATH. The market has once again shown signs of life, this time by taking an interest in the crypto revolution. Let’s see if it’s here to stay.

Beercoin (BEER) Attempts to Recover, But New ATH

Beercoin (BEER) was considered one of the most promising altcoins in the crypto world. For this purpose, the coin uses the popular commodity, namely beer, to ensure that people of different colors and statuses come together. Due to the global appeal of beer, Beercoin achieved early success.

In the first month of its launch, the price of Beercoin increased by more than 500% to reach an ATH of $0.000571Despite its impressive early performance, Beercoin’s price is unlikely to reach an all-time high before any of the other altcoins, given that it has plunged 96% from its ATH to trade around $0.00002500.

Notcoin (NOT) Remains Below Key Level Despite Network Expansion

Notcoin (NOT) is the first cryptocurrency to earn from tapping on the TON network, and it has exceeded public expectations and skyrocketed. Like Beercoin, Notcoin’s price has seen a rapid rise to an all-time high, which is a clear indication of the power of the community and social media in shaping the cryptocurrency market.

Notcoin recently launched an accelerator to support TON applications and collaborated with Pixelverse, a Web3 gaming ecosystem. Despite the network expansion, Notcoin’s price has continued to stagnate about $0.01500With its current price level down 45% from ATH, it will take a major price surge for Notcoin price to reach a new high.

A distinguished utility model to drive the angry Pepe fork to the top

Unlike Beercoin and Notcoin, which rose to the top on hype, Angry Pepe Fork is a Solana memecoin with a distinguished utility model. In a recent YouTube video, Crypto League called Angry Pepe Fork the best “maximum gain strategy for profit” because of its brand new “Conquer To Earn” model.

As the community helps Angry Pepe Fork defeat useless coins in the market that provide no value to their holders, they are rewarded. Crypto League explains that by making its community profitable, it will increase engagement with the cause, positioning Angry Pepe Fork for massive growth this year.

Another analyst, Crypto Royal, like others, believes that Angry Pepe Fork will be the next 100x token on Solana. Indeed, in addition to bringing unparalleled profits, Angry Pepe Fork has adopted a rare tokenomics model. There will only be 1.9 billion APORK tokens.

Since the token is scarce and in high demand, its price will quickly skyrocket. To give you a glimpse of what’s to come, Angry Pepe Fork has made staking available while it is still in presale. This has allowed the project to raise over $210,000 and is on track to hit the $1 million mark before the end of July.

Which Altcoins Are Hitting All-Time Highs?

Based on the current trajectory of Beercoin and Notcoin, Angry Pepe Fork is the altcoin most likely to reach a new ATH soon. With an explosive future ahead of it, the best time to jump in is now, when Angry Pepe Fork is priced at just $0.014 per coin.

Is the crypto revolution here to stay?

While the trajectory of the cryptocurrency market is subject to fluctuations, its potential to reshape finance and beyond is undeniable. This means that the cryptocurrency revolution is here to stay. Additionally, the constant evolution of projects, like the Angry Pepe Fork, to solve problems gives the industry a chance to achieve mass adoption.

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.

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.