3 Altcoins with Potential to Explode, Bullish Prices to 10x!
Bitcoin’s 14% drop in April is continuing this month as bearish influence grows in the market. As BTC price struggles around the psychological milestone of $60,000, certain altcoins are preparing for a bullish takeoff.
These altcoins are ready to fight the bearish wave in the broader market and could explode to unprecedented new heights this month. Moreover, will Bitcoin’s bullish turn drive these altcoins higher, or increase supply in the event that BTC price drops below $60,000?
3 Altcoins to Bet on for 10x Profits by the End of May
VELO
Velo Labs is revolutionizing financial transactions with an innovative federated credit exchange network powered by the Velo Protocol. It facilitates digital credit issuance and borderless asset transfers through a powerful smart contract system.
Velo Labs leverages the Stellar Consensus Protocol for fast, secure transactions with a wide range of uses. It supports a wide range of business applications, with the core being the ability to issue collateral-backed digital credit pegged to any fiat currency. This helps to increase transparency and efficiency in value exchange.
VELO has a market cap of approximately $186.7 million, ranking 290th in the cryptocurrency market.
The recent bullish turn in the price of the VELO token has attracted the attention of many investors looking for undervalued low-cap altcoins. With gains of more than 300% in the past six weeks, the bull run in altcoins is attractive, and the trend is expected to be stronger this month.
With an all-time high of $2.07 and a current market price of just $0.0251, Velo has huge upside potential. If the market bull run continues, the altcoin could easily achieve more than 10x growth by 2024.
LeverFi (Leverage)
LeverFi provides a groundbreaking platform that seamlessly combines trading and liquidity mining, allowing traders to leverage their investments more efficiently. Users can deposit various types of collateral, including Bitcoin, Ethereum, and liquidity provider tokens from Curve and Uniswap, to unite and trade on a larger scale.
LeverFi improves trading efficiency with a simple fee structure, charging only 1% per trade.
LEVER token price showed a trend reversal rally in 2024, gaining nearly 200% and providing a breakout entry opportunity.As it crosses the $0.003750 resistance zone, the altcoin is ready for a massive surge this week.
If the bull run in Bitcoin or the DeFi space continues, the altcoin could surge 10x in May.
Highstreet (HIGH)
The HIGH token is the backbone of Highstreet, a play-to-earn metaverse that blends decentralized commerce with VR support. Moreover, this ecosystem allows for fluid currency exchange between the physical and virtual worlds. It provides a unique marketplace where in-game items are valuable in-game and can be redeemed for real-world products.
As players navigate the metaverse, they acquire items that transcend digital boundaries, enhancing their virtual and physical experiences.
HIGH has a market cap of $230.3 million and ranks 258th globally. Moreover, HIGH reflects an all-time high of $40.26, a discount of 88.65%, and is currently trading at $4.57.
Moreover, the altcoin has surged significantly by more than 100% in the past 4 weeks. Therefore, as the bullish momentum of altcoins increases, buyers may experience a sharp rise this month.
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