The bull market has arrived, is it too late to position now? 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 a tokenized money market fund on the XRP Ledger (XRPL). This initiative is part of Ripple's broader strategy involving its $3.8 billion liquidity fund (Lux).
This is the first implementation of a tokenized money market fund 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.
2.IMX
Immutable's price today is $1.70, up 1.24% in the past 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 by 9.53%. This indicates that the price trend of the token has been positive in the long term. Technical indicators show a 14-day RSI of 59.85, which is in a neutral range. This means that the cryptocurrency may soon consolidate without strong overbought or oversold signals.
In the past month, Immutable has recorded 16 days of increases. The 24-hour trading volume to market cap ratio is 0.0731, indicating ample liquidity for traders and investors.
3.AEVO
AEVO's price is $0.47, up 8.93% in the past 24 hours. Its recent low was $0.4424, rising 8.04% during the same period. The market cap of the token is estimated to be $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.
The fully diluted valuation (FDV) of AEVO 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). Furthermore, the token's trading price is above its 200-day simple moving average, reinforcing the current positive trend.