The good show in the market has just begun, don’t be pessimistic, buy the dip of 3 altcoins that may increase by 10 times in the future!
MKR
It is expected that Maker (MKR) will break through the descending trend line, thus its momentum is strong. This increasing confidence is supported by on-chain analysis and technical indicators, both indicating a positive outlook for the token.
The current price of Maker is $1,492.94, having risen by 3.82% in the past 24 hours, making it one of the best-performing cryptocurrencies of the day. The price chart shows a double bottom pattern, which is a well-known bullish reversal indicator. If the price breaks through the neckline, it may confirm the trend reversal, paving the way for further increases.
LDO
Lido DAO is a decentralized organization that provides tools for staking across various blockchain networks. Its main product is a liquid staking solution for Ethereum, allowing users to stake ETH while still using their funds. When users stake ETH through Lido, they receive stETH tokens representing the staked ETH and staking rewards.
Currently, the price of Lido DAO tokens (LDO) is $1.66, with a 24-hour trading volume of $212.67 million and a market capitalization of $1.47 billion. The price has dropped by 3.73% in the past day. The trading price of the token is slightly above its 200-day Simple Moving Average (SMA) of $1.62, indicating relative stability. Over the past month, the token has experienced 17 positive trading days, accounting for 57% of that period.
SUI
Sui aims to support widespread adoption by providing developers with a secure and scalable environment. It introduces an object-centric data model and uses the Move programming language to address common inefficiencies in existing blockchains. These features are designed to make the platform efficient and user-friendly.
Recently, the Total Value Locked (TVL) in Sui's DeFi ecosystem reached $2 billion, reflecting growing confidence in its applications. The native token of the platform, SUI, reached an all-time high price of $5.35, indicating strong market interest.
