_ _

As the bull market gains momentum, investors are actively looking for the most valuable altcoins today. Among the many options, a few have shown a clear upward trend, indicating potential for substantial returns.

The market will soon absorb the impact of gray capital outflows, paving the way for a bullish recovery. Bitcoin prices hit bottom after the launch of its ETF. Ethereum prices may bottom out sooner, and likewise, the Federal Reserve is still preparing to cut interest rates in September, a clearly bullish scenario for the cryptocurrency market.

Therefore, today's cryptocurrency collapse is just another opportunity for investors to buy on dips. We have listed the five most valuable cryptocurrencies to buy that can deliver excess returns once the market starts a bull market.

Once the market starts a bull market, these 4 cryptocurrencies will bring 10-100 times excess returns!

PEPE

Today's cryptocurrency collapse provides investors with another opportunity to buy Pepe at a low price. The popular meme token is still trading at 33% below its all-time high, but this won't last long.

Pepe coins show a strong correlation with Ethereum prices. Once funds flow out of gray market prices, both ETH and PEPE may rise significantly.

More and more people are speculating that this meme coin may be listed on Coinbase. Given Pepe's already impressive 24-hour trading volume, Coinbase's listing could be a game changer.

More and more people believe that PEPE can soar into the sky during this cycle and become the second largest meme coin on the market. Some even predict that the token's market value will reach US$50 billion, which means its valuation will increase 10 times.

IMX

Immutable X has attracted public attention for its efforts to simplify the transfer of ownership of digital assets. The innovative project also addresses scalability and security challenges in digital asset transactions. The platform leverages multiple security features such as zero-knowledge certificates and other cryptocurrency solutions to protect assets and ensure the security of transactions.

Recent integration requests from other projects indicate that IMX's growing acceptance is due to its efforts to address scalability issues. These integrations enhance the trading liquidity of the platform, ensure the security of user assets, and make it competitive in the cryptocurrency market. In addition, Immutable's strategic partnerships with major industry players enhance its credibility and investor appeal.

Forecasts indicate that Immutable X tokens may soon reach an average price level of around $3.29. If market conditions remain favorable, the highest price of IMX tokens could reach $5.08 by the end of 2024. Strong bullish sentiment in the market may help IMX tokens regain their status.

With the expansion of the ImmutableCoin project, it is speculated whether IMX tokens will reach the $10 mark. Based on past performance and current growth trends, Immutable Coin is likely to reach $10 in the long term. However, if the expected cryptocurrency bull market starts earlier than expected, IMX tokens could trigger this milestone before August.

XRP

XRP may be the most undervalued large altcoin on the market, trading nearly 82% below its all-time high.

However, trends seem to be changing. In the past month, XRP has outperformed Bitcoin, rising nearly 27%, while BTC has increased by only 3%.

There is growing speculation that a settlement between Ripple and the SEC may be imminent, especially as the Biden administration adopts an increasingly pro-crypto stance to counter Donald Trump's growing influence on the industry.

Given that Chairman Gary Gensler may resign if Trump is elected president, the possibility of the Securities and Exchange Commission appealing the original ruling of Judge Analisa Torres is also declining.

If Trump's lead continues to expand as the U.S. presidential election approaches, the XRP price may significantly exceed 1 dollar or even higher.

ATOM

Cosmos leverages the connected blockchain ecosystem to provide users with fast, efficient and inexpensive transactions. It also has a modular framework that demystify decentralized applications. These unique features make Cosmos a top player in the cryptocurrency market.

ATOM prices have been fluctuating between $6.2 and $6.5, and recent movements suggest a correction pattern. Key indicators such as the Relative Strength Index (RSI) support this trend, which currently stands at 37.53, indicating that ATOM is not in overbought territory. In addition, the stochastic oscillator indicator is 18.40, indicating that prices have potential to rebound as they approach oversold areas.

These signals suggest that although ATOM prices have experienced downward pressure, there may be an opportunity for a rebound soon. Looking to Cosmos 'future, current indicators show a mixed outlook. Although a negative MACD level may indicate a continued downward trend, the token's proximity to oversold territory suggests potential for recovery.

If the token can break through the recent resistance level of $9.71, the next target could be $10.95. Conversely, a break below the recent support level of $6.7 could lead to the second support level of $7.00 in price tests. Investors should monitor the stability of the token and potential triggers that may affect a rebound or further decline.

author-gravatar

Author: Andy

An experienced news writer, focusing on in-depth reporting and analysis in the fields of economics, military, technology, and warfare. With over 20 years of rich experience in news reporting and editing, he has set foot in various global hotspots and witnessed many major events firsthand. His works have been widely acclaimed and have won numerous awards.

This post has 5 comments:

Leave a comment: