SUI, APT, AVAX, LINK, and IOTA appear to be the prominent coins to watch this month as they could see explosive growth. The cryptocurrency market has reached its full potential as five altcoins, SUI, APT, AVAX, LINK, and IOTA, have captured the attention of investors with strong technical and fundamental signals.
First on the list is SUI, which despite having a market cap of around $10 billion could see a 10-15x increase similar to SOL’s breakout. Its recent Circle announcement and early chart patterns suggest it could be a leader in the Layer 1 (L1) narrative, with targets between $2.50 and $2.80 being good entry points.
APT (Aptos) formed a bull flag below its trendline, which could mean a 54% gain to its all-time high. Experts believe its trading volume could rival that of Ethereum. With its strong fundamentals and community support, a price of $20 seems feasible.
AVAX, LINK, and IOTA gain momentum
Meanwhile, AVAX was initially expected to consolidate around $65, but is currently gaining momentum. After breaking above $50, analysts now believe it could reach $100. With a major network upgrade on the horizon, AVAX’s price rise suggests strong investor confidence.
Close behind is LINK (Chainlink), which is proving to be more than just a DeFi price feed oracle. After underperforming in the early stages of the bull run, the altcoin is catching up. LINK/BTC has surged past Bitcoin, making it one of the few dinosaur coins still worth considering, and it could go much higher.
Finally, IOTA broke out of the downtrend and broke through the $0.40 resistance level. Analysts believe that it will soon reach $0.70, with medium-term forecasts of $1 and $2.60, which is a promising investment opportunity.
These altcoins have strong bullish patterns, which means they could deliver solid returns as the crypto market rebounds. They have strong momentum and could reshape portfolios in the coming weeks.
