Is it too late to position now?
Although the bull market has started now, it's not too late, as the best entry time has passed. The key to investing is to buy when no one cares and sell when the market is noisy. While the market is not completely quiet now, it is also not overly noisy.
The market for Meme has become somewhat dull, while other small chains' meme continues to surge. SOL has emerged from the bottom with a 30x increase. okb has reached the previous bull market peak. pepe's market capitalization 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 has just begun.
SOL will rise to $500, BTC will break through $150,000, and ETH will exceed $8,000. Meanwhile, various new layer-two applications will emerge, and chain gaming projects will see hundredfold, thousandfold gains.
Although the current altcoin market may not have made many people money, as the bull market came too quickly, leaving many unprepared. But it's still not too late to be ready. If you're not very familiar with this industry, that's okay; I can help you get started. While I can't promise you overnight riches, positioning for the bull market the right way is completely feasible.
Let's take a look at these three altcoins that are expected to perform over 10 times in the future!
1.XRP
Ripple recently announced a partnership with Archax, a regulated digital asset exchange under 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, which aligns with the 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 recent trading price of the token 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 out of the past 30 days. The volume-to-market cap ratio 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 by enabling tokenized assets. This project could open the door to broader institutional adoption while showcasing the practicality of XRPL in handling complex financial instruments.
2.IMX
Immutable's current price is $1.70, up 1.24% in the past 24 hours. Over the past week, the token has risen by 26.80%. The sentiment surrounding 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 by 9.53%. This indicates that the price trend of this token has remained positive over the long term. Technical indicators show a 14-day RSI of 59.85, 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 24-hour trading volume to market cap ratio is 0.0731, indicating that traders and investors have ample liquidity.
Meanwhile, Immutable has recently partnered with Altura, a platform focused on gaming web3 infrastructure. This collaboration aims to enhance blockchain-based gaming experiences by introducing new markets and player-centric solutions.
Altura will integrate Immutable's Passport and Checkout features into its project, extending these tools to the Ethereum-based gaming ecosystem. 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 past 24 hours. Its recent low was $0.4424, up 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 increasing by 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 (greedy). 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 could see potential returns of 235.47% compared to the current price level.
