6 best Altcoins with Huge Potential for the next bull run
Release: 2024/04/30 12:39 Reading: 746
The 6 Best Altcoins with Enormous Potential for the Next Bull Run
Introduction
As the Federal Reserve prepares to make a decision on interest rates on May 01, 2024, the crypto market is bracing for potential selling pressure. However, amidst this uncertainty, there are seven underappreciated altcoins that present significant growth potential.
MAGA VP
The Politifi meme coin, MAGA VP, has witnessed a surge in popularity since its launch. Despite a recent dip, it has registered a 1.57% gain in the last hour. Currently trading at $0.1258, MAGA VP has the potential to reach $0.5 by the end of the year. By 2030, its price is projected to range between $0.357372 and $0.579447, representing a potential gain of up to 348.27%.
SAND
The Sandbox (SAND) has partnered with CoinDCX to promote engagement in the metaverse. This announcement has seemingly had a positive impact, as SAND is currently rallying at $0.4377 after reaching a peak of $0.7823 in March. Once the correction phase subsides, it is poised to rebound to its previous high.
OSMO
Osmosis (OSMO) has experienced a 4.85% decline in the last 24 hours, but its rising 24-hour volume keeps it on the watchlist. Backed by a strong community, OSMO aims to climb to $0.9486 from its current value of $0.8956. This could pave the way for a surge to $1 by the end of the year.
GALA
GALA is currently trading at $0.04387, representing a 12.59% increase over the past year. Speculation surrounding the launch of GalaSwap in February has contributed to its status as an underappreciated altcoin. The launch led to a surge of around 20%, highlighting its potential for growth.
ENA
Ethena (ENA) is approaching the $1 milestone. Currently trading at $0.7913 with a 15.06% increase over the last 30 days, ENA is poised to test the $0.9 resistance level by mid-year and potentially reach $1 by the end of the year.
WDOGE
Wrapped Dogecoin (WDOGE) is currently trading at $0.1417. While its price has recently dipped, it has the potential to make a bull run as its upward trajectory has been gaining momentum.
Conclusion
These seven altcoins are potential candidates for significant growth in the next bull run. However, it is crucial to conduct thorough research before investing in any of them.
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