Is it too late to get in now?
Although the bull market has already started, it's not too late, as the best entry time has passed. The key to investing lies in buying when no one is paying attention and selling when the market is noisy. While the market is not completely quiet now, it is also not excessively noisy.
The meme market has become somewhat dull, while other small chains' memes continue to surge. SOL has emerged from the bottom with a 30-fold increase. OKB has reached the previous bull market's high. PEPE's market cap has reached $10 billion, and BTC has broken through new highs, challenging $100,000.
It's not too late for all of this. If you missed the first half, the second half is just beginning.
SOL will rise to $500, BTC will break through $150,000, and ETH will exceed $8,000. At the same time, various new layer 2 applications will emerge, and chain game projects will see 100-fold and 1,000-fold targets.
Although the current altcoin market may not have made many people money, because the bull market came too quickly and caught people unprepared. But it's not too late to get ready now. If you are not very familiar with this industry, that's okay, I can help you get started. Although I can't make you rich overnight, it is completely possible to lay out the bull market in the right way.
Let's take a look at these 3 altcoins that are expected to perform more than 10 times in the future!
1.XRP
Ripple recently announced a partnership with Archax, a digital asset exchange regulated by the UK's Financial Conduct Authority (FCA). They are jointly working to launch tokenized money market funds on the XRP Ledger (XRPL). This initiative is part of Ripple's broader strategy involving its $3.8 billion USD liquidity fund (Lux).
This is the first implementation of tokenized money market funds on the XRPL blockchain. Ripple has decided to explore this field, which aligns with the growing interest in tokenized finance. As part of the collaboration, Ripple has invested $5 million to purchase tokens linked to the abrdn Lux fund.
This development seems to have impacted XRP's market performance. The recent trading price of this token is $1.46, up 3.80%. Over the past seven days, XRP has risen 30.29%, and its price has surged 178.44% in the past 30 days.
In addition, its current trading price is well above its 200-day simple moving average (SMA) of $0.633, up 124.39% from that benchmark. XRP has experienced price increases for 17 days out of the past 30 days. The trading volume to market cap ratio is 0.1937, indicating active trading relative to the market size.
Ripple's strategy reflects its efforts to enhance the role of blockchain in traditional finance through the realization of tokenized assets. This project can open doors for broader institutional adoption while demonstrating XRPL's practicality in handling complex financial instruments.
2.IMX
Immutable's current price is $1.70, up 1.24% in the past 24 hours. Over the past week, this token has increased by 26.80%. The sentiment around this token remains bullish, with a fear and greed index of 75, indicating market optimism.
The trading price of this token is above its 200-day simple moving average (SMA) of $1.55, currently exceeding 9.53%. This indicates that the price trend of this token has remained positive in the long term. Technical indicators show a 14-day RSI of 59.85, which is in the neutral range. This suggests that the cryptocurrency may soon consolidate, without strong overbought or oversold signals.
In the past month, Immutable has recorded 16 up days. The 24-hour trading volume to its market cap ratio is 0.0731, indicating that traders and investors have ample liquidity.
Meanwhile, Immutable recently partnered with Altura, a platform focused on gaming Web3 infrastructure. This collaboration aims to enhance blockchain-based gaming experiences by introducing new markets and player-centric solutions.
Altura will integrate Immutable's Passport and Checkout features into its project, expanding these tools into the Ethereum-based gaming ecosystem. This collaboration also involves Altura investing $5 million in Immutable's zkEVM Main Quest program, which aims to incentivize players to earn rewards in Web3 games.
3.AEVO
AEVO's price is $0.47, up 8.93% in the past 24 hours. Its recent low was $0.4424, which reflects an increase of 8.04% during the same period. The market cap of this token is estimated at $396.44 million, up 8.65%. Additionally, the 24-hour trading volume reached $130.22 million, a significant increase of 45.44% compared to the previous day.
AEVO's fully diluted valuation (FDV) is approximately $445.33 million, with a trading volume to market cap ratio of 32.63%. This indicates strong trading activity relative to its market cap. The sentiment around AEVO remains bullish, with a fear and greed index of 75 (greed). Additionally, the trading price of this token is above its 200-day simple moving average, reinforcing the current positive trend.
In November, AEVO is expected to maintain its upward momentum. Based on its recent performance, analysts suggest a price range between $0.440251 and $1.489061. If the price reaches the upper limit of this range, investors may see a potential return of 235.47% compared to the current price level.
