Brothers, good afternoon! The long-dormant altcoin market has finally revived.
On December 2, the price of the old altcoin XRP reached a seven-year high, surpassing Solana, becoming the new focus of widespread attention in the crypto market.
The latest surge of XRP has made it the focus of everyone's attention in the cryptocurrency field, raising questions about whether it will soon challenge Ethereum, the world's second-largest cryptocurrency.
With XRP taking the lead and successfully surpassing SOL, its market cap ranking has risen to third, and the valuation ceiling of the altcoin market has been completely broken. Many people do not understand why the ceiling is so important for altcoins; in fact, because the value of most altcoins is difficult to quantify, one can only roughly estimate their potential valuation by benchmarking against leading projects in the same field.
It is foreseeable that as the ceilings of various sectors are gradually broken, more related altcoins will begin to explode:
Look at those once "junk coins" in recent days—EOS, FIL, THETA, LTC, etc. These projects that had been stagnant for years have seen a bottom rebound of up to 4 times, and they are all large-cap projects.
Imagine how strong the explosive power of those small projects with a market value of only two to three hundred million will be? Su Bai expects their upward potential to reach at least 10 times, or even more.
Today’s highest rising cryptocurrency prices
1.Hedera (HBAR)
Hedera (HBAR) has once again become the stock with the largest increase, rising by as much as 58% in the past 24 hours. The highest price was $0.3851. This surge has attracted widespread attention.
2.ONDO
ONDO has risen by 40% in the past 24 hours. Its 24-hour low and high prices were $1.154 and $1.784, respectively. ONDO's market cap is $2.39 billion, with a 24-hour trading volume of $693 million.
These 3 altcoins: Bullish breakout of 10-100 times returns is imminent!
1.sui
The four-hour adjustment method of sui in these two waves is exactly the same. The first adjustment broke through, retested, and broke through again, which was an opportunity to get in. After the breakthrough, it doubled! This time is the same; if it breaks through again in four hours, there will be an opportunity for short-term operations, and there are still expectations of dozens of points after the breakthrough! One can wait for the opportunity to get in after the breakthrough!
2.FIL
FIL actively takes profits, with each profit-taking around 5%, steadily locking in gains. The darkness before dawn is the most tormenting; isn't life gradually getting better? FIL is continuously held. Filecion, as one of the absolute king projects in the market strongly endorsed by all exchanges including Binance back in the day, still has a great foundation for global market appeal.
In recent years, Filecion has been continuously developing and working; the volume of code updates is second only to Ethereum (of course, because the price hasn't increased, Ethereum has also been heavily criticized). There is no problem promoting Filecion, and in the first quarter of next year, Filecion's mainnet will complete a major upgrade, increasing mainnet efficiency by 480 times and significantly reducing gas fees. This means everyone can also trade meme coins on FIL.
3.CRV
According to data from the on-chain intelligence platform Santiment, Curve DAO (CRV) is one of the medium-sized altcoins with a large influx of whale investors. From historical data, Santiment emphasizes that altcoins with a sharp increase in whale activity often see a significant increase in overall volatility.
This medium-sized altcoin has a fully diluted valuation of about $2 billion, with an average daily trading volume exceeding $1.2 billion, having soared over 50% in the past seven days, trading at about 77 cents during the European morning session on Tuesday, December 3.
More practical strategies, specially prepared for spot enthusiasts and bull market hoarders! Click on my avatar to follow, get my bull market strategy deployment, and share it for free with all fans. You need references, I need fans, to be the most generous bull market blogger on the internet!
