5 Altcoins You Should Keep an Eye on in July 2024
1. Toncoin (TON)
Toncoin, the native token of Telegram, has been a top performer this quarter. With its price currently at $7.6, it is on the verge of breaking its previous all-time high of $8.2. The existing uptrend has shown resilience, establishing a solid support floor, and TON could potentially exceed $8.5 if this trend continues.
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2. Notcoin (NOT)
Another token linked to Telegram, Notcoin (NOT), has demonstrated significant growth with a 317% rally post-launch. Currently trading at $0.015, it has broken past a recent downtrend. If the uptrend holds, NOT could aim for $0.020. However, failing to maintain the support at $0.013 could invalidate the bullish outlook.
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3. Solana (SOL)
Solana has garnered substantial institutional interest, with $3.3 million in inflows as of June 21, 2024. Trading at $141.9, it could potentially break resistance at $156 and aim for $169. The altcoin’s demand highlights its competitive edge over rivals like Litecoin and Chainlink.
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4. Kaspa (KAS)
Kaspa is nearing a new all-time high, currently trading at $0.177. To surpass its peak of $0.193, it must first breach $0.184. If Kaspa maintains its uptrend, it could establish a new high. Historically, Kaspa has struggled to close above resistance, which may lead to consolidation above $0.162 if it happens again.
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5. Brett (BRETT)
Known as a meme coin, Brett has experienced significant gains, especially on the Coinbase BASE chain. With its price rallying by over 132% in early June, Brett aims to breach its all-time high of $0.195. The high demand could support this surge, although meme coins are notoriously volatile.
