The post This Low-Cap Altcoin is All Set To Hit $1, Yielding 10x Profits Before Halving! appeared first on Coinpedia Fintech News
The cryptocurrency industry continues to gain massive attention from investors due to its increased market volatility. Moreover, with Bitcoin halving around the corner, the market is set to achieve a new high.
This makes investors curious about their investments. This article consists of 2 tokens with have the potential to achieve a $1 mark before the halving event takes place.
The Graph (GRT):
The Graph token has a price tag of $0.2698, with a circulating supply of 9.417 Billion GRT tokens, and a market cap of $2.547 Billion. The GRT price recorded a jump of over 240% from $0.0540 to $0.1836 during the year 2023, making it a successful year for this token for the year.
TradingView: GRT/USDT
Further, The Graph token has already recorded a jump of 49%, highlighting a strong bullish influence for it in the market. Positively, the Cross EMA 50/200-day acts as a support to the price chart, indicating a high potential of positive price action in the coming time.
The technical indicator, MACD displays a rising green histogram, indicating an increased buying pressure for the coin in the market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.
Fantom (FTM):
At the time of writing, the price of one FTM token was $0.3989, with a circulating supply of 2.80 Billion tokens, and a market cap of $1.109 Billion. The Fantom price displayed a notable run during 2023 by adding approximately 132% in valuation.
TradingView: FTM/USDT
Further, the token started trading in the year 2024 with a price of $0.4680 but has recorded a correction of 16% to date. However, the token possesses strong fundamentals and is predicted to test its target of $1 this year.
The Moving Average Convergence Divergence (MACD) displays constant flatlines, indicating a weak price action for the coin in the market. On the other hand, the averages show a high possibility of a bullish convergence, suggesting a mixed sentiment in the crypto space.
Conclusion:
Both the tokens display strong fundamentals and have huge potential to achieve high targets in the coming time, making them a hot pick for your portfolio to book massive profits.
Note: Investing in cryptocurrency is highly risky as the current sentiments are highly volatile. Further, this article is not financial advice and was written only for research purposes. Make sure to research before investing to minimize your losses in case of price dumps.
