Altcoins Which Will Outperform When Bitcoin Reaches $100,000
Despite a market bounce, many altcoins remain undervalued. Analyst Miles Deutscher believes some altcoins could perform exceptionally well if the market gains momentum, potentially reaching a total market cap of one trillion dollars, leading to 10x or even 20x returns.
When Ethereum hits $4,000, certain altcoins are expected to outperform. AI and meme coins, such as Pepe, have shown strong performance. Solana remains a standout Layer 1 (L1) player, with any major pullbacks presenting an accumulation opportunity.
Key Altcoins:
1. Maker (MKR): An RWA asset with significant utility and reduced sell pressure.
2. Pendle: Bounced from $3.30, undervalued and a good buy.
3. Ondo: Showing positive recovery signs, attractive for buying.
4. Rune: Strong bounce from support, promising for accumulation.
5. Foxy: Consistently bouncing off high time frame support levels.
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