5 Undervalued Altcoins to Buy After Bitcoin Price Explosion?

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Bitcoin price is now on the verge of hitting $64,000 while Ethereum has already surpassed $3,400. Both cryptocurrencies are up nearly 6% today to start the week.

While some experts believe that Bitcoin could hit $70,000 by the end of July, the focus is on altcoins.

Michael van de Poppe of MN Trading believes that the altcoin market correction hit a local bottom nearly two weeks ago and is poised for a bullish reversal. He says that the second half of the year is likely to be “all up,” which could see Ethereum price reach the $6,000-$8,000 range.

A 5-10x bullish rally is also expected for undervalued altcoins.

5 Undervalued Altcoins to Buy Now

The price of Bitcoin recently hit $54,000, due to Genesis and German government sell-offs. At this price, it was nearly 27% below its all-time high.

However, several altcoins are significantly lower than their respective highs, providing an excellent buying opportunity on the dip.

We list the 5 undervalued altcoins, including the new cryptocurrencies, that could guarantee outrageous returns in the next bull market.

Ripple (Ripple)

XRP has been largely sidelined by this year’s Q1 cryptocurrency bull rally, down nearly 25% from last year and 86% from its all-time high.

However, it is extremely unlikely that one of the most popular cryptocurrencies and the seventh largest on the market will not reach its all-time high in this bull cycle. Therefore, experts believe that the XRP price breakout is not a question of that, but of when.

XRP is also expected to be one of the assets that will benefit the most from Trump’s presidency. Judge Analisa Torres has already ruled that XRP is not a security and that Ripple’s programmatic sales did not violate the Securities Act.

While the SEC could technically appeal Torres’s ruling, that likelihood is significantly diminished under Donald Trump’s pro-crypto presidency.

Now that Trump’s chances are improving after the failed assassination attempt, XRP could establish itself as one of the best-performing cryptocurrencies in the coming months.

Dogecoin (DOGE)

Meme coins have been the most sought-after assets during this bull cycle. However, market leader Dogecoin has fallen 83% from its all-time high.

Experts believe that this could change in the second phase of the cryptocurrency bull market. In fact, analysts remain confident that the price of Dogecoin will reach $1 in this bull cycle.

If this Doge price prediction turns out to be true, investors who buy the meme coin today could earn returns of more than 8 times.

Dogecoin is another undervalued altcoin that could benefit greatly from a Trump presidency. The world’s richest man, Elon Musk, has now endorsed Donald Trump following his assassination attempt. Reports earlier this year also revealed that the two discussed the possibility of Musk taking an advisory role in the Trump administration.

Considering that Dogecoin is Musk’s favorite cryptocurrency, it is expected to be successful as Trump becomes the favorite to win the White House.

GiocaDoge (PLAY)

Meme coins tend to move as a group and often show strong correlations with each other. For example, a bullish rally in Dogecoin is expected to provide a major boost to other doge-themed tokens.

Accordingly, experts are optimistic PlayDogea meme token from GameFi that has already raised over $5.6 million in its ongoing pre-sale. They say that this strong initial demand is just the beginning and that the new meme coin can potentially offer returns of up to 100 times higher due to its low market cap.

Italian: https://www.youtube.com/watch?v=j256BL7-T4Y

The demand for GameFi tokens is extremely high, especially after the success of Notcoin and Hamster Kombat. PlayDoge has captured this demand with its Tamagotchi-style play-to-earn game.

Players can pet the iconic character Doge as if he were their own pet. They must play with him, train him, and feed him, or watch him die or run to another home. They can also complete a series of 2D games, similar to 8-bit side-scrollers, and win free cryptocurrency.

To capture maximum retail investment, PlayDoge has also launched multi-chain staking and offers lucrative returns on BNB Smart Chain and Ethereum. Investors can start accumulating rewards from the presale itself.

Pepper (PEPPER)

Pepe has rallied over 500% in the past year. And yet, it still sits comfortably on our list of the best undervalued altcoins to buy.

First, the frog-themed meme coin is nearly 40% below its all-time high, despite rallying over 20% today.

Secondly, PEPE is probably the best beta ETH cryptocurrency on the market and often acts like a leveraged Ethereum.

With spot ETH ETFs set to begin trading this week, it wouldn’t be a surprise if PEPE hit a new all-time high this month.

Several experts believe that Pepe Coin could flip the Shiba Inu during this bull cycle and could still generate returns of up to 20 times during this cycle.

Pepper Released (PEPU)

As mentioned earlier, investing in meme coins is all about finding correlations. A Pepe bull rally is expected to provide a significant boost to other frog-themed meme coins.

In such a scenario, experts believe that Unleashed pepper It could be the best alternative to PEPE on the market, capable of offering returns of 10x to 100x.

Italian: https://www.youtube.com/watch?v=0DSwEUiOg4o

The project recognizes that despite the popularity of new Ethereum meme coins, they see low retail investment due to high blockchain fees. Pepe Unchain has addressed this issue by launching its Layer-2 chain, a rare move in the meme coin space that is already yielding results.

In fact, Pepe Unchained currently offers an APY of over 500%, much higher than the industry standard.

Unsurprisingly, PEPU has already raised over $3.5 million in its ICO in just a few weeks.

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