3 Altcoins to Buy for 5x Gains If Bitcoin Hits $100,000 This Week

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As a seasoned researcher with over a decade of experience in the dynamic world of cryptocurrencies, I have learned to navigate the market’s volatility like a pro. The recent pullback in Bitcoin’s price to $88,000 during the Asian market session has presented an intriguing opportunity for investors seeking high returns.

In the Asian trading session on Wednesday, the price of Bitcoin dipped slightly to around $88,000. This downward shift sparked a temporary retreat in the altcoin market, providing investors an opportunity to regain their bullish momentum. Following this correction, there’s a possibility that Bitcoin could reach $100,000. As such, potential investment options for a 5-fold return in the altcoin market are worth considering.

3 Altcoins to Buy Now for Explosive Growth if Bitcoin Hits $100K

The possibility of Bitcoin reaching $100,000 isn’t just an achievement; it serves as a spark for the entire cryptocurrency market. In the past, significant rallies in alternative coins have followed a surge in Bitcoin’s price to a record high. This could be an opportune moment for shrewd investors to explore which altcoins might yield a return of 5 times or more.

Toncoin (TON)

Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, stands at the top of our list of altcoins to buy. Currently, the asset trades at $5.2 while boosting a market cap of $13.44 Billion. Over the last 4-months, the TON price has witnessed a steady correction under a downsloping trendline.

When Bitcoin’s price neared the significant level of $100,000, Toncoin made a strong move beyond its previous trendline, suggesting it might be poised to participate in the ongoing market surge.

In contrast to the ongoing downward trend, the leading TON investors have persistently increased their holdings, accounting for approximately 28.5% of the total circulating supply. This action suggests that large investors, or “whales,” have a high level of faith in the long-term prospects of Toncoin.

Aureal One (DLUME)

AurealOne represents a fresh, blockchain solution designed specifically for the realms of the metaverse and gaming sectors. It tackles typical blockchain challenges, like expensive transactions and sluggish speeds, by employing Zero-knowledge Rollups, or ZK-Rollups, as its methodology.

AurealOne’s presale has just started, quickly gathering over $100,000, showing a strong interest in specialized blockchain technology for gaming and virtual worlds. The digital currency used by AurealOne, DLUME, is currently being sold at a rate of 2,000 tokens for every dollar, making transactions seamless within their ecosystem.

This platform additionally provides captivating digital environments through its leading projects, including DarkLume Metaverse and Clash of Tiles Game. As the gaming sector within the cryptocurrency realm expands, it’s anticipated that tokens like DLUME may experience significant demand as they become more popular.

Pepe Coin (PEPE)

Over the past nine days, the cryptocurrency based on dog memes, PEPE, experienced a significant jump from $0.0000079 to $0.0000148 – that’s an impressive 87.75% rise. This upward trend allowed buyers to overcome the resistance line of a symmetrical triangle formation, concluding a five-month period of consolidation.

This sudden decrease in the amount of PEPE tokens stored on cryptocurrency exchanges indicates a notable change in market opinion, potentially setting the stage for PEPE’s resurgence. Over the past 7 months, as per Santiment data, the supply of PEPE has dropped significantly from 226.2 trillion to 188.5 trillion coins.

This downward trajectory suggests that inventors are adopting a ‘HODL’ strategy, by transferring their assets from exchange platforms to personal wallets.

Conclusion

With Bitcoin poised for a possible surge towards $100,000, Toncoin (TON), Aureal One (DLUME), and Pepe Coin (PEPE) are promising altcoins worth considering, offering significant chances of substantial returns. Although the crypto market continues to exhibit volatility, the historical tendency for altcoins to follow Bitcoin’s lead makes this an enticing period for investors.

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2024-11-13 19:54