Renowned Crypto Researcher Identified Top Altcoins With The Potential For 10x to 100x Returns
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Renowned crypto researcher AlΞx Wacy has ignited speculation about the beginning of the altcoin season, signaling potential surges for select altcoins amidst a $277.174 billion market cap.
Meanwhile, Wacy suggests that only about 15% of altcoins may generate returns ranging from 10x to 100x during this anticipated altcoin season.
Altseason seems to be starting!
— AlΞx Wacy
Only ~15% of altcoins will bring 10-100x in this hyper growth.
Asset selection matters more than ever. One slip-up, and you're out.
– How to position yourself
– Profit-taking timing
– 6 Altcoins that look ready to gopic.twitter.com/axmDK6rTua
(@wacy_time1) May 5, 2024
Key indicators mentioned by Wacy include the consolidation above $700 billion on TOTAL3, excluding BTC and ETH, as confirmation of a bullish trend. This metric serves as a barometer for the broader altcoin market’s readiness to break away from Bitcoin’s shadow.
Top Altcoins For 10x to 100x Surge
Furthermore, Wacy identifies 6 altcoin projects poised for notable growth during this anticipated all-season.
Memecoins (WIF / PEPE)
WIF and PEPE are emerging memecoins, that resemble the structure that drove DOGE’s growth in a previous cycle. These memecoins aim to achieve a market cap similar to SHIB. In the upcoming bull run, expect WIF and PEPE to surge significantly, potentially by 100x.
◢ $WIF / $PEPE
— AlΞx Wacy
Memecoins will definitely be one of the first to start with huge strength in the alt season.$WIF / $PEPE have a similar structure to $DOGE in the last cycle, hinting at significant potential upside.
Their initial target is $SHIB mcap (marked on the chart),… pic.twitter.com/96YzPaj7Xd
OndoFinance (ONDO)
ONDO serves as the governance token for Ondo DAO and Flux Finance. This token has been witnessing strong demand, evidenced by consistent investor buy-ins. Meanwhile, Wacy suggests a potential entry point of around $0.64, considering its current market cap of $1.1 billion.
Ethena_labs (ENA)
ENA is a synthetic dollar protocol offering a crypto-native alternative to traditional banking. As per the analysis chart patterns on a weekly timeframe suggest that ENA is poised for upcoming growth acceleration. As of now, ENA is trading at $0.90, showing a 12% increase in the last 24 hours, with a market cap of $1.28 billion.
ArweaveEco (AR)
AR is a decentralized storage network that has demonstrated resilient performance in the market. Analysts suggest that if AR can consolidate above the $49 mark, it may trigger a super cycle, propelling the token to higher valuation levels.
◢ @EchelonFND – $PRIME
— AlΞx Wacy
Parallel is a gaming universe with unique elements:
– @ParallelTCG: a Trading Card Game blending traditional mechanics with digital innovations, approved for the Epic Games store.
– @ParallelColony: an AI-powered strategic survival simulation game set in… pic.twitter.com/Dx6iEptRLb
EchelonFND (PRIME)
PRIME is a gaming universe project that has been steadily attracting a growing user base. However, technical analysis indicates that PRIME is currently in a favorable buying zone, presenting an opportunity for investors looking to capitalize on potential growth.
Cautionary Approach
However, each of these altcoin projects represents a unique opportunity within the broader cryptocurrency ecosystem. Despite the enthusiasm for altcoin season, Wacy cautions investors about potential market volatility. Flash crashes and bear cycles could challenge gains, emphasizing the need for strategic risk management.
As the altcoin market heats up, Wacy advises investors to stay informed and vigilant to navigate potential obstacles and capitalize on opportunities during this anticipated period of heightened altcoin activity.
