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As we move deeper into October, the market appears to be gaining momentum, holding out hope for a major rally in the coming weeks. The current cryptocurrency market is showing signs of a bullish trend, with Bitcoin recently reaching a staggering high of $65,000.
As the entire cryptocurrency industry rebounds to a valuation of $2.28 trillion, investors are keeping a close eye on potential growth opportunities. This article explores five high-profile altcoins that are expected to rise in the next 30 to 90 days and are expected to benefit from the expected altcoin season.
Aave (AAVE)
The current market environment has sparked optimism among cryptocurrency investors, especially for Aave, the leading decentralized finance (DeFi) protocol. Recently, AAVE showed strong upward momentum, rising from around $135 to $177 before experiencing a slight correction.
This resilience suggests that there is strong potential for recovery as the market turns bullish, especially as Bitcoin approaches its all-time high. Aave’s market cap is currently around $2.33 billion, well below its previous high of $7 billion.
Analysts predict that AAVE could realistically reach a market cap of $3 billion to $4 billion in the coming months, reflecting a 2x to 3x growth potential.
By leveraging the advantages inherent in the Aave protocol, investors could potentially receive much higher returns, with some speculating that it could potentially increase by 8x to 10x.
First Neiro On Ethereum (NEIRO)
The attention paid to NEIRO, the first dog-themed meme coin on the Ethereum blockchain, highlights its notable market activity and community-driven approach.
NEIRO, which currently has a market cap of approximately $844 million, has experienced a remarkable rally, rising from $0.0014 to $0.0022 in just one week.
The project aims to draw on the heritage of Dogecoin while establishing its own identity on Ethereum, indicating the potential for future growth. Analysts speculate that NEIRO’s market cap could exceed $1 billion, and its ongoing price patterns suggest a bullish trend.
The combination of strong community support and strategic market accessibility has made First Neiro On Ethereum a contender in the memecoin space, often compared to its predecessor, Dogecoin.
Pepe Unchained (PEPU)
Considered one of the best cryptocurrency presales of 2024, Pepe Unchained has created quite a stir in the crypto space, recently raising a staggering $19.7 million. This ERC-20 meme coin is positioned as a second-layer extension of the beloved Pepe brand, though it operates independently from the original Pepe coin team.
Pepe Unchained focuses on speed, security, and scalability, aiming to create a robust and user-friendly ecosystem. Pepe Unchained not only emphasizes its meme appeal, but also has features designed for usability, such as a dedicated block explorer and decentralized exchange (DEX) capabilities.
As its blockchain develops, the Pepe Unchained team has launched a developer incentive program called "Frens With Benefits." PEPU aims to incentivize individuals to create projects on its L2 blockchain, and interested developers can apply to receive funding in the fourth quarter of 2024.
Another major milestone reached!
Are you ready builders? We have exciting stuff coming!
pic.twitter.com/yD516Iys3G
– Pepe Unchained (@pepe_unchained)
October 14, 2024
Currently priced at $0.00999, investors can use ETH, USDT, BNB or even bank cards to purchase PEPU. Pepe Unchained has a total supply of 8 billion tokens, and the pre-sale includes 40%, which has attracted great interest from investors.
With strong community support and attractive staking rewards of 112% per year, Pepe Unchained is poised to become a serious competitor in the memecoin market.
As it prepares to be listed on decentralized exchanges, many are eager to see how this project performs and whether it can capitalize on the current bullish sentiment in the cryptocurrency market. To participate in the PEPU token presale, visit pepeunchained.com.
Brett (Based) (BRETT)
Brett (Based), a meme coin based on the Base chain, has made a splash in the cryptocurrency community and has recently demonstrated impressive growth. With a market cap rising from $800 million to $1.06 billion, BRETT has shown a strong 20-30% growth in the past week.
The excitement about this coin is palpable, especially as it approaches a price discovery phase where its value could surge to $2 billion levels.
Notably, Brett (Based) has an active community presence, driven by an active Twitter following and organic marketing that relies on word-of-mouth rather than traditional advertising methods. This coin stands out not only for its cultural relevance, but also for its large ecosystem and strategic partnerships.
As it continues to gain traction, Brett (Based) is positioned as a significant player riding the market’s bullish momentum, which is expected to trigger frenetic price action in the near future.
For more information on these cryptocurrencies, check out the video above and subscribe to Jacob Crypto Bury’s YouTube channel. You can also become a member of Jacob Crypto Bury’s Discord channel to learn about trading strategies and insights on upcoming cryptocurrency presales.
MANTRA (OM)
MANTRA has emerged as a notable player in the current cryptocurrency market, maintaining a consistent upward trend throughout the year. It has shown resilience as its market cap has steadily climbed, indicating the potential for further growth as it approaches the $1.5 billion to $2.5 billion level.
The anticipation surrounding the upcoming mainnet launch is fueling speculation about its price direction. The narrative surrounding MANTRA suggests that the token could experience significant momentum as excitement builds.
Currently, OM is trading at $1.57, having gained $12% in the past week. Market accessibility through various exchanges enhances its visibility, making it a viable option for investors.
Overall, the current atmosphere, characterized by a positive trend and a neutral Fear and Greed Index, creates conditions for OM to potentially achieve new all-time highs. As the market continues to stabilize, investors are closely watching developments in hopes of profiting from its expected growth.
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