Is it too late to position now?
Although the bull market has started now, it's not too late, as the best entry times have passed. The key to investing is to buy when no one is paying attention and sell when the market is noisy. Although the market is not completely quiet now, it is also not overly noisy.
The meme market has been somewhat dull, while other smaller chains' memes continue to rise. SOL has risen 30 times from its low. okb has reached its previous bull market peak. pepe's market cap has reached $10 billion, and BTC has broken new highs, challenging $100,000.
It's not too late; if you missed the first half, the second half is just beginning.
SOL will rise to $500, BTC will break $150,000, and ETH will break $8,000. At the same time, various new layer two applications will explode, and blockchain gaming projects will see hundreds and thousands of times in returns.
While the current altcoin market may not have made many people money, as the bull market came too quickly and caught many off guard, it is still not too late to prepare. If you're not very familiar with this industry, that's okay; I can help you get started. While I can't make you rich overnight, positioning correctly in the bull market is definitely possible.
Let's take a look at these 3 altcoins that are expected to perform over 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 committed to launching 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 area, coinciding with 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 affected XRP's market performance. The token's recent trading price is $1.46, up 3.80%. Over the past seven days, XRP has risen by 30.29%, and its price has soared by 178.44% in the last 30 days.
Additionally, 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 on 17 days over the past 30 days. The ratio of trading volume to market cap is 0.1937, indicating active trading relative to market size.
Ripple's strategy reflects its efforts to expand the role of blockchain in traditional finance through the implementation of tokenized assets. This project could open the door to broader institutional adoption while showcasing XRPL's utility in handling complex financial instruments.
2.IMX
Immutable's current price is $1.70, up 1.24% in the last 24 hours. Over the past week, the token has risen by 26.80%. Sentiment around the token remains bullish, with a fear and greed index of 75, indicating market optimism.
The token's trading price is above its 200-day simple moving average (SMA) of $1.55, currently exceeding it by 9.53%. This indicates that the token's price trend has remained positive over 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 days of price increases. The ratio of 24-hour trading volume to its market cap is 0.0731, indicating that traders and investors have ample liquidity.
Meanwhile, Immutable has recently partnered with Altura, a platform focused on web3 gaming infrastructure. This collaboration aims to enhance blockchain-based gaming experiences by introducing new markets and player-centered solutions.
Altura will integrate Immutable's Passport and Checkout features into its project, extending these tools to Ethereum-based gaming ecosystems. 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 last 24 hours. Its recent low was $0.4424, with an increase of 8.04% during the same period. The token's market cap is estimated at $396.44 million, up 8.65%. Additionally, the 24-hour trading volume reached $130.22 million, significantly up 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. Sentiment around AEVO remains bullish, with a fear and greed index of 75 (greed). Additionally, the token's trading price 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.
