4 Top Altcoins To Rally This Week

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As an experienced crypto analyst, I’ve seen my fair share of market fluctuations, bull runs, and bear markets. With the ongoing hype around altcoins and the bullish market conditions, I believe Ethereum (ETH), Starknet (STRK), Pepe Coin (PEPE), and Manta Network (MANTA) are prime candidates for significant gains in the upcoming days.

As a crypto investor, I’m excitedly waiting for an altcoin rally to hit the market. The hype surrounding altcoins has reached new heights with many cryptocurrencies experiencing significant gains. With bullish market conditions favoring further growth, the overall market capitalization has risen to $2.57 trillion. Additionally, the fear and greed index reveals that investor sentiment is heavily skewed towards greed, increasing the likelihood of even greater gains in the near future.

Based on that, ETH, PEPE, MANTA, and STRK are the best altcoins to buy this week.

1.Ethereum (ETH)

As a researcher studying the cryptocurrency market, I can tell you that the approval of the Ethereum Spot ETF has significantly boosted Ethereum’s value, bringing it closer to the $4,000 mark with its current price at $3,907.78. This level is where Ethereum found itself during the March rally. However, this is just the beginning, and I anticipate further growth in the coming days. In fact, the Ethereum price has surged by 25% in the last 24 hours alone, and similar gains are predicted for the week ahead.

Several cryptocurrency experts predict that the Ethereum price could reach $6,000 once it surpasses its all-time high (ATH) of $4,891.70.

2.Starknet (STRK)

Starknet has shown remarkable growth over the long term, experiencing a 21% increase in value during the past week. It’s reasonable to anticipate similar gains this week given the coin’s steady price rise. This uptrend is driven in part by Vitalik Buterin, Ethereum’s founder, who was recently awarded a million-dollar grant. Approximately 845,205 Starknet tokens (STRK) have been unlocked from this grant so far, leading to increased market demand and confidence in STRK due to Vitalik’s endorsement. Currently, the STRK price stands at $1.31, representing a 6% increase within the last 24 hours.

3.Pepe Coin (PEPE)

As an analyst, I’ve observed a staggering rise in PEPE‘s price, which has soared by over 145% this May and established numerous new all-time high records. Moreover, PEPE’s bullish trend continues unabated with a 13% surge within the last 24 hours, pushing its value to $0.00001705. Consequently, PEPE now ranks as the 18th largest cryptocurrency by market capitalization on Coinmarketcap, boasting a substantial market cap of $7.17 billion. The unrelenting demand for this altcoin is evidenced by its trading volume, which has surged to an impressive $2.93 billion following a 70% increase.

4.Manta Network (MANTA)

MANTA experienced a bullish reversal following its previous resistance at $1.5. Over the past week, MANTA exhibited robust growth, recording a 23% increase and reaching a value of $1.77. Furthermore, transactions on the Manta Network surged by 41%, resulting in a total value of $41,626,888. This upward trend emerged after a significant investment was made when a whale transferred 2,000 ETH, equivalent to approximately $7.84 million, into the network.

As the desire for altcoins persists unabated, the upcoming week presents an opportunity for substantial investor profits. With crypto market shifts from profitable May to June, investors closely monitor the behavior of various sought-after cryptocurrencies like Ethereum, PEPE, and others.

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2024-05-27 13:33