3 Ethereum Coins Poised to 5X If ETH Reaches $5,000
The current market recovery is fueled by the U.S. presidential election, Bitcoin surge to ATH, and traders’ anticipation of a Fed rate cut. These macroeconomic events create a suitable environment for the altcoin market to thrive. Here are the top three Ethereum coins that could leverage the broader market recovery to drive a 5x increase if ETH reaches the $5,000 milestone.

Shiba Inu (SHIB)
The popular memecoin Shiba Inu (SHIB) tops our list of top Ethereum coins due to its huge upside potential. By press time, the SHIB price traded at $0.0000178 with a market cap of $10.48 Billion.

A look at the daily chart shows the Shiba Inu price prediction has shifted its five-month correction sideways, signaling an early sign of trend reversal.

Despite the consolidation trend, the SHIB supply held by top addresses has surged steadily since April 2024 to reach 61.35%. Such accumulation typically suggests that these large investors anticipate future price growth or significant market movements, as they tend to build positions ahead of bullish trends.
Source: Santiment
Pepe Coin (PEPE)
Another top memecoin that holds a 5X growth potential is the Pepe coin. Over the past five months, the PEPE price has shown a sideways action between two converging trendlines, indicating the formation of a symmetrical triangle pattern.

Theoretically, the narrowing range should bolster the asset price to recuperate the bullish momentum and signal uptrend continuation with a key breakout.
However, the Pepe coin has been witnessing an active accumulation trend from large investors before the consolidation trend. According to Santiment data, the whale wallets with 100 Million to 1 Billion coins have increased their holding from 11.82 Trillion to 13.7 Trillion according to Santiment.

Similar to SHIB, this implies that significant investors are showing growing confidence in the potential of the Pepe coin.
Source: Santiment
Uniswap (UNI)
As the DeFi sector expands, platforms like Uniswap are essential for providing liquidity and enabling seamless token swaps. Currently, the UNI price trades at $7.12 with a market cap of $4.29 Billion.

With an intraday gain of 5.2%, the UNI price is inching close to $8.25 resistance, a level which has limited buyer’s recovery since early July. Despite the recent 30-day MVRV (Market Value to Realized Value) ratio wavers at -6.75%, indicating the short-holders are at a loss.
These traders often capitulate if the correction trend prolongs, allowing buyers a better value to enter the market. Thus, this transition often boosts asset prices, with long-term buyers setting a sustained uptrend.
Conclusion
Ethereum coins like SHIB, PEPE, and UNI are deeply embedded in the ETH ecosystem and poised to benefit from its growth, driven by increased adoption of DeFi, smart contracts, and dApps.

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The current market cap is around $4.49 billion, and circulating supply is around 2.68 billion, and a price is around $1.679, the price of SUI coin at the target market caps of $20B, $30B, $50B, and $100B.
Using the formula:
Price = Market Cap / Circulating Supply
1. $20 billion market cap:
Price = 20,000,000,000 / 2,680,000,000 = 7.46 USD
2. $30 billion market cap:
Price = 30,000,000,000 / 2,680,000,000 = 11.19 USD
3. $50 billion market cap:
Price = 50,000,000,000 = 2,680,000,000 = 18.66 USD
4. $100 billion market cap:
Price = 100,000,000,000 / 2,680,000,000 = 37.31 USD
#sui #suicoin #binance #blockchain #Binancesquare

Explore top altcoins to watch for 3X gains the year comes to a close, including Apecoin, SUI, and Rexas Finance. Discover their performance and growth potential.
As 2024 draws to a close, the cryptocurrency market is abuzz with anticipation, especially for altcoins that demonstrate potential for substantial profits. Apecoin (APE), SUI, and Rexas Finance (RXS) are particularly notable among these options. Every single one of these digital currencies provides special characteristics and potential for growth that may result in significant profits in the upcoming months.

1. Apecoin (APE)
Apecoin has recently faced some volatility, currently priced at approximately $1.14. This value was achieved after it recorded a drop of about 8% in the past day. However, the meme coin has demonstrated resilience, increasing by 62.50% and 40.34% over the past week, and month respectively, despite an 8.34% fall over the past year.
Source: Trading View
Why Watch Apecoin?
Ecosystem Growth: With an increasing number of developers creating on the Apecoin platform, its usefulness and popularity are predicted to increase.Market Sentiment: Current trends show a renewed enthusiasm for NFT and gaming-related projects, potentially leading to an increase in APE’s value.Utility growth: Analysts predict significant profits for Apecoin as it grows its utility in the cryptocurrency market, hinting at the possibility of high returns.
2. Rexas Finance (RXS)
Rexas Finance (RXS) poses as a potential altcoin to watch before 2024 closes. Its focus on real-world assets (RWAs) tokenization enables investors to tokenize assets such as real estate and commodities. Reporting three previous successful presales’ the fourth stage of this crypto presale is priced at $0.06, and is anticipated to reach $0.20 when listed.

With this offer, early participants have an ample opportunity to earn up to four times what they invested. So far, Texas Finance has raised over $1.25 million, a milestone that has attracted both institutional and retail investors.
Why Watch Rexas Finance?
Massive Growth Potential: Analysts predict that RXS could rise by an astounding 3,700%, driven by its unique value proposition and increasing adoption of tokenized assets.Strong Community Engagement: The ongoing $1 million giveaway and successful presale have created buzz around Rexas Finance, drawing in both retail and institutional investors.Innovative Features: With tools like the Rexas Launchpad and QuickMint bot, Rexas Finance is streamlining the investment process, making it easier for users to participate in asset tokenization.
3. Sui (SUI)
SUI is becoming more popular as a cutting-edge blockchain platform created for speed and scalability, within a secure setting. Costing $2, Sui token has seen a 5.05% rise in the last day, bouncing back from a 4.43% decline in the previous week. Over the past month and year, the token has experienced a bearish trend, with its value increasing by 27.11% and 338.51% in the market.
Why Watch SUI?
Innovative Technology: With its focus on high throughput and low latency, SUI is well-positioned to attract developers looking for efficient solutions.Strong Community Support: The growing interest from both investors and developers suggests a bright future for SUI as it builds momentum.Market Positioning: As more projects launch on the SUI platform, its value is likely to increase, making it a strong candidate for significant gains.
Conclusion
As we near the end of 2024, Apecoin (APE), SUI, and Rexas Finance (RXS) are altcoins to watch groundbreaking approach to asset tokenization. With careful selection and strategic planning, these altcoins could provide substantial growth opportunities in the dynamic crypto market ahead.

Recommendations, suggestions, views and opinions given by the experts are their own. You must do your own research before investing crypto markets. Crypto Wolf always trying to share valuable news.

#ApecoinSurge #SUI🔥 #suicoin #RexasFinance #SUI.智能策略库🥇🥇