Altcoins
Trending altcoins to buy under $50 to earn 10x soon
Trends determine the performance of the altcoins, as they can increase or decrease their performance. As of now, the cryptocurrency market no longer has bullish behavior like the indicative of fear and greed it moved to 51, which is on the verge of becoming bearish. The global market capitalization fell to $2.34 trillion, with trading volume down to $56.78 billion, confirming the same situation.
In such conditions, trending altcoins are the best profit options. In this regard, let’s talk about some cryptocurrencies that have a tendency to earn ten times as much in this market.
Arweave (AR)
Arweave has made gains of 180% since the beginning of the year, even after recently facing strong downward pressure. Despite the barriers, Arweave is on its best performing days in the last three years as it peaked mostly in November 2021, reaching an all-time high of $90.94. At the moment, Price AR is at $27.88 with a market cap of $1.8 billion and could rise based on its popularity
Toncoin (TON)
Toncoin is among the most profitable altcoins this year as it has made gains of 210% so far, increasing its value as high as $8.24 earlier this month. Although the value has dropped, the possibility of rising again is high due to its connection with the popular social media platform Telegram. For now, Toncoin price is $7.17 with a market capitalization of $17.6 billion, making it the ninth largest cryptocurrency in the world. CoinmarketCap
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PENDLE (PENDLE)
Pendle is now just 18% away from the record high of $7.52 it reached two months ago, despite the declining market at the time. It is among the least popular altcoins, but has still seen gains of 420% this year. Of those, 19% occurred this week and 4% today. That said, PENDLE is bullish for now and could continue to be as its price rose to $6.17 with a market cap of $955 million.
MAGA (TUMPET) 2942%
MAGA has peaked and is dominating the rest of the altcoins with gains of 2942% this month. It is trending due to increase in demand Trump themed meme coins in the market due to Donald Trump’s appearances in the news. The surge may continue for a long time as the price has increased by 13% in the last 24 hours. It is currently trading at $8.06, approaching the high of $17.52 set earlier in the month.
Trends vary over time and only a few cryptocurrencies can survive the change or any barriers imposed by the cryptocurrency market. Having a diversified portfolio that includes both long and short term gains and analyzing the market when to buy and when to sell can lead to 10x or more profit results.
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