Top 3 Altcoins For 100x Growth This Bull Season
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Price Analysis
Top 3 Altcoins For 100x Growth This Bull Season
Author: Nidhi Kolhapur
Mar 1, 2024 8:14
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Cryptocurrency expert Tommy has shared his favorite altcoins set to soar in the current market surge. As crypto prices surge and excitement reaches new heights, Tommy’s analysis offers a clear path for investors looking to find promising opportunities in the bustling market.
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Oxo (OXO)
Tommy’s first spotlight falls on Oxo, an AI-driven cryptocurrency quietly gaining traction in recent months. Tommy said Oxo’s halving event, set to occur in just 52 days, is a potential catalyst for price appreciation. Currently trading at approximately 23 cents with a market capitalization of $200 million, Oxo occupies a sweet spot as a mid-cap altcoin with room for exponential growth.
What sets Oxo apart, according to Tommy, is its suite of privacy and security features, positioning it as a frontrunner in the burgeoning AI project space. With a core focus on privacy, security, and confidentiality, Oxo offers investors the opportunity to earn passive income through revenue redistribution to token holders.
RWeave (RWE)
Next on Tommy’s radar is RWeave, a blockchain project revolutionizing data storage with its innovative approach to permanent and decentralized web hosting. Sporting a market cap of $1.8 billion and trading at $28, RWeave has solidified its position as a heavyweight contender in the crypto realm. Despite its inception before the last bull market cycle, RWeave’s resilience and maturity make it an attractive option for investors seeking stability amid market volatility.
Tommy explains RWeave’s core value proposition—providing a stable, mature, and widely adopted ecosystem for permanent information storage. With applications ranging from preserving humanity’s most critical data to hosting decentralized web apps, RWeave offers investors a compelling opportunity to tap into the future of data storage and blockchain technology.
Pepe (PEPE)
Rounding out Tommy’s trifecta of altcoin picks is an unexpected contender—Pepe, the meme coin that has defied expectations and captured the imagination of crypto enthusiasts worldwide. Despite its origins as a meme, Pepe has shown resilience, surging an impressive 190% in the last month alone.
With meme coin season potentially on the horizon, Tommy sees Pepe as a dark horse poised for significant gains as investors flock back to altcoins in search of high-risk, high-reward opportunities. While meme coins may carry inherent volatility and speculative fervor, Tommy believes Pepe’s unique appeal and growing community support could send it to newfound heights in the current bull market cycle.
Altcoins Price Analysis
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Price Analysis
XRP Price Poised To Surge Above $1 in March
Author: Zameer Attar
Mar 1, 2024 15:53
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Ripple News XRP Soars with 244% Fund Inflow Surge Amid ETF Speculation
After establishing a solid support of around 50 cents for the past few months, Ripple-backed XRP price is ready to rally beyond $1 shortly. The veteran utility altcoin, tapped by Ripple in its On-Demand Liquidity (ODL), has amassed significant buyers in recent months to guarantee a bullish breakout. Moreover, the XRP/USD price has respected a rising trend, through higher highs and higher lows, since the beginning of last year.
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Missing Bullish Piece
Over the past few years, XRP price action has significantly been weighed down by the ongoing SEC vs Ripple lawsuit. Although XRP has managed to remain among the top ten most valuable digital assets by market cap, most newbie crypto investors have been tapping on coins with better fundamentals like Solana (SOL), Dogecoin (DOGE), and Polkadot (DOT), among others.
As a result, XRP price will enjoy a bullish outlook after the civil trial in the second quarter is finalized, and Ripple gets an outstanding victory.
Analyst’s Take on XRP Price Action
After XRP’s price closed February on a bullish note, all attention is on the weekly close to determine the next cause of action. According to a famous digital asset analyst alias Egrag Crypto on the X platform, the XRP price is on the cusp of a historical bullish breakout. Furthermore, the analyst noted that the XRP price has closed above the 21 EMA since September 2022.
As a result, the crypto analyst is confident that XRP price is on the cusp of a strong bull run towards $2 in the near term. Moreover, the weekly Relative Strength Index (RSI) closed above the 50 level on its way towards the 70 level.
Price Analysis Ripple (XRP)
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