3 altcoins that are about to break out strongly in the bull market!
Jupiter (JUP)
Jupiter's price is expected to rise in the coming days as the DAO begins voting on a key governance proposal. The proposal aims to adjust the voting threshold to achieve more accurate representation, with options including raising the quorum to 120 million votes or setting it at 30% of the total staked $JUP.
The voting process may drive Jupiter's price, which has risen 38% in the past three weeks. Currently trading at $1.00, Jupiter may climb to the $1.11 resistance level, which provides a good opportunity to break through this threshold. A successful breakout may strengthen the bullish momentum of this altcoin, attract more buyers, and push JUP to a higher valuation.
SOL
Since the second half of last year, the price of SOL has risen 20 times, and it has remained strong regardless of Bitcoin's price fluctuations, hovering around $200, and breaking new highs seems to be only a matter of time. In the past two months, some tokens around the SOL ecosystem, such as Jupiter, Front, and Bome, have risen one after another. Many people believe that this round of bull market is essentially a bull market for SOL.
First of all, it is worth noting that the creator of SOL is an American team, while the creator of Ethereum is a Russian team. In this leek market, Bitcoin has almost no ecosystem to speak of. It was previously an old tableware, and the construction of the ecosystem mainly revolves around capital chains such as Ethereum. In order to better cut leeks, the United States will naturally continue to support SOL and its ecosystem, so it is almost inevitable that SOL will break through new highs. In the next bull market, the price of SOL may be close to Ethereum, although it is still not realistic to completely surpass Ethereum.
SUI
Market value: $5.207 billion
24-hour trading volume: $940 million
SUI For the market: Subsidize DEFI and game projects, introduce compliant and stable USDC, and conduct training globally. Some chains can only be regional, concentrated in Asia. Currently, only SOL and SUI are global
SUI Technology: Released the Walrus Protocol storage protocol (Walrus focuses on providing decentralized storage solutions for large data files or "blobs" (such as pictures, videos, etc.). Its design goal is to reduce storage costs while ensuring high availability and security of data.）
