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The crypto market is showing signs of recovery, with several coins rebounding from recent lows and others continuing their upward trajectory. Despite recent market fluctuations, there’s optimism for a bullish trend ahead.
As of today, the total crypto market cap stands at $2.16 trillion, showing mixed performance with some notable gainers alongside minor pullbacks. This article will explore several promising altcoins poised for potential growth in the coming months.
Notcoin (NOT)
Notcoin has recently turned its bearish trend around, with a 42% increase in the last seven days, dominated by bullish activity. The Notcoin team has introduced ‘Explore,’ a new feature within its Telegram app that lets users discover new games and earn rewards.
This initiative allows game developers to showcase their projects to over 40 million users. Additionally, Notcoin has partnered with decentralized finance (DeFi) pioneer 1inch and Sequoia-backed attestation protocol Sign to launch ‘Triangle,’ a startup accelerator for the Telegram and TON crypto ecosystems.
These strategic moves and partnerships could positively impact Notcoin’s technical outlook in the coming weeks. At the time of writing, $NOT is priced at $0.0149, with a 24-hour trading volume of $193.2 million and a market cap of $1.53 billion.
The current price movements indicate consolidation and preparation for a move. If Notcoin breaks the $0.02 resistance, it might swiftly target $0.03, potentially surging by 100% from the current level.
Aave (AAVE)
Aave is a DeFi protocol for crypto borrowing and lending on Ethereum, launched in 2017 as ETHLend. Aave’s price has risen by more than 18% in the last 7 days, surpassing many other cryptocurrencies in the top 100. Aave is ranked 55th by market capitalization.
At the time of writing, $AAVE is trading at $96.97 with a market cap of $1.44 billion. The bullish price prediction for Aave in 2024 is $219, while a bearish outlook could see it drop to $60. If market momentum and investor sentiment remain positive, $AAVE might reach $250.
One factor contributing to $AAVE’s price rise is its increasing share of social activities. According to LunarCrush Social Intelligence on X, Aave’s social activity dominance has grown by 0.4% across the entire crypto market recently.
MANTRA (OM)
MANTRA is a security-first RWA Layer 1 blockchain, designed to meet and enforce real-world regulatory requirements. Built for institutions and developers, MANTRA provides a permissionless blockchain for permissioned applications.
$OM, MANTRA’s token, was one of the top altcoin gainers in the first week of July 2024, currently ranking 70th in the cryptoverse with a market capitalization of $895 million. $OM has continued its upward trajectory, increasing by 26% and trading at $1.08. Resistance is at $1.21, while support holds strong at $0.90.
If bulls push past the $1.21 mark, the next target could be $1.30. The coin’s relative strength index is at 69.54, indicating potential for further upward movement.
To learn more about these altcoins, watch the video above and follow his YouTube channel. Additionally, join Jacob Crypto Bury’s Discord server for trading tips and insights into upcoming crypto presales.
Pepe Unchained (PEPU)
Pepe Unchained is currently the buzz of the meme coin market, having raised over $3 million in presale funding thanks to its ambitious layer-2 (L2) plans. With its momentum showing no signs of slowing down, investors are eyeing its potential for a significant surge after its debut later this year.
Pepe Unchained aims to set itself apart by offering real utility, building a L2 network for meme coins to address the speed and high fee issues that many Ethereum-based tokens face.
This would enable fast, low-cost transfers of meme coin holdings. In addition to its L2 solution, the project offers attractive staking rewards for $PEPU holders. By locking up $PEPU, investors can earn impressive estimated annual yields of 551%.
Another chain broken!
Pepe officially hits $3M! Thank you for the incredible support. The journey is just beginning. 🐸🚀 pic.twitter.com/yySoWoXaCa
— Pepe Unchained (@pepe_unchained) July 10, 2024
The development team plans to distribute these rewards over two years, releasing just 608.82 $PEPU tokens per Ethereum block, with 30% of the total supply reserved for staking rewards, emphasizing investor engagement.
The project has passed audits conducted by Coinsult and SolidProof, bolstering its credibility in an industry frequently plagued by scams. Early investors are securing discounted tokens at $0.0083926 each, but this price won’t last. As the presale progresses, the price will increase.
The presale accepts purchases in $ETH, $USDT, $BNB, or by bank card, with a minimum investment of 1,000 $PEPU tokens. For the latest updates on the Pepe Unchained presale, follow their X page or join their Telegram channel. To take part in the $PEPU token presale visit pepeunchained.com.
Dogwifhat (WIF)
Dogwifhat, which launched on November 20, 2023, has already surged approximately 3,000% in valuation. The $WIF token’s market cap has reached a significant milestone of $3.5 billion. Currently, $WIF is trading at $1.61, with a 1.62% price increase in the last 24 hours.
Dogwifhat remains under strong bullish influence, indicating a robust fundamental and positive outlook for the Solana-based meme coin for the year. If the Dogwifhat project releases impactful updates and announces major collaborations, the price of the $WIF token could potentially soar to a maximum of $7.50.
Related
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- New Layer-2 Meme Coin ‘Pepe Unchained’ Hits $3 Million Milestone Amid Market Downturn
- Notcoin Price Tops Weekly Gainers With 56% Pump As This New SHIB Derivative P2E Meme Coin Rockets Towards $1 Million
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