Top Altcoins to Stack Next Week for Minimum 2x-5x Profits
INTRODUCTION
With less than 1000 blocks left for Bitcoin Halving, the altcoins present a shift in the underlying gears to fuel the next sprint. As the anticipations of a bull run in Bitcoin with the Halving event grow intense, the altcoin season could follow behind it.
Bittensor (TAO)
Bittensor is a decentralized, blockchain-powered protocol that facilitates collaborative training of machine learning models. Within this open-source network, models are incentivized and rewarded with TAO tokens based on the value of the information they contribute.
With a 150% return in 2024, the bull run in the TAO token price shows a massive jump this year. As the bitcoin halving comes closer, the altcoin shows immense potential for a comeback.
Ondo (ONDO)
ONDO token holders play a crucial role in guiding the direction of the Ondo DAO, which aims to make institutional-grade finance accessible to all. They possess specific rights related to Flux Finance, which is governed by the Ondo DAO.
Safepal (SFP)
Launched in 2018 and backed by Binance, SafePal is a cryptocurrency wallet offering both hardware and software solutions managed through the SafePal App. It supports a wide range of crypto-assets, including tokens on Ethereum, Binance Smart Chain, and TRON.
With a massive turnaround rally for Safepal, the SFP token has jumped from $0.18 last year to $1 this week. However, the buyers fail to sustain dominance above $1 leading to a pullback to $0.86.
CONCLUSION
With a 14% intraday jump, the ONDO token swims against the market-wide bearish wave. The ongoing pullback is trading closer to the 50D EMA and $0.70 mark.
As per the trend-based Fibonacci levels, the ONDO price could skyrocket in the coming week to prolong the prevailing uptrend. If the uptrend manages to surpass the $0.97 peak, the breakout rally could easily top the $1 psychological mark.
Optimistically, the uptrend could result in a massive jump of 2x to 5x surge thanks to the low market cap.
