According to the Fear and Greed Index, while the market displays an ambitious outlook, altcoins are trending in a profitable direction. This marks an ideal time to replenish portfolios ahead of the upcoming rise. Additionally, Bitcoin dominance is also trending towards average levels, and even Bitcoin price remains stable around $68,000, signaling the upcoming altcoin season. Recently, the prices of some cryptocurrencies such as Notcoin and Gamestop have increased significantly. With such bullish trends, Coingape analysts mentioned 4 altcoins that are poised to gain 100x value this month. Before moving on to the altcoins where analysts are expecting 100x, it is worth noting that these are only analyst opinions and there is no certainty about the rise in these coins. Every investor should invest in line with his own research.
GameStop and Notcoin top the charts
Gamestop continues the excitement around meme coins. GME, which made a 217% jump in the last 24 hours, increased its value to $ 0.01296. Additionally, the token’s market capitalization and trading volume reached $88,164,033 and $213,057,800, with increases of 212% and 1103%, respectively. This meme coin has experienced a similar rise before. It was also double its current value. Due to its enormous growth potential, every investor wants to include it in their portfolio.
Notcoin has become one of the most popular altcoins with its incredible price performance in the last few days. The price of Notcoin, which rose 270% last week, reached $ 0.02091, and its market value was $ 2,148,275,794. It came to the fore due to increased network activity and a 141% jump in transaction volume. Because it recorded another 9% increase in the last 24 hours. Moreover, it hit a new all-time high of $0.02896 just a few hours ago. Moreover, according to analysts, if this trend continues, the Notcoin price may rise up to $0.1.
Ethereum and Jasmy Coin attracted attention
Ethereum is moving forward slowly and surely. It is estimated that if the Securities Commission (SEC) approves the Ethereum ETF, this leading altcoin could rise as high as $6,000. This prediction was made after analyzing the growth pattern experienced when the Bitcoin ETF was approved. Since Ethereum follows Bitcoin’s price movements closely, a similar rise is expected for this altcoin. As of the date of writing, the price of Ethereum is $3,824.82 and its market value is $459,647,184,036.
JasmyCoin rose 101% in May, bringing its current price to $0.03441. It is believed that a similar price increase may occur in June. Although this altcoin price is a bit stagnant at the moment, the increase in trading volume to $450,445,975 should help it recover soon. Although JasmyCoin has one of the best values of the year, it is still quite low compared to the all-time high value target of $4.99 set three years ago. According to analysts, if the trend continues, JASMY price will reach $1 before heading higher. Meanwhile, cryptokoin.com As we reported, DWF Labs recently transferred JASMY to Binance. So, it’s better to be careful.
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