4 100x altcoins that will explode in the 2024 bull market!

Yesterday's overall market failed to break out of the expected rebound trend. Although a rebound is expected in the afternoon and evening, in fact, the market only had a wave of pullback in the evening, and then failed to continue to strengthen. The rebound occurred in the early morning, that is, the daily closing period, during which the market experienced two reversals and a pin rebound.

Yesterday's daily level pin closing failed to be realized, but today's positive pin closing may be realized, and the market is expected to strengthen further. It is currently expected that the altcoin will start. Yesterday, $CHZ and $BOME performed relatively well, and the fourth round of YGG's layout has also begun. The wash-out stage is over. It is expected that there will be a wave of outbreaks in the near future. Everyone can focus on the trend of YGG.

From a macro perspective, before the election, the market trend is relatively certain. Although the interest rate cut process may be repeated, the final result is inevitable. It is expected that Europe may start to cut interest rates around June, which will be good news for the global capital market because it will increase market liquidity.

When Ethereum starts to start, the altcoin market will be more optimistic. Therefore, I think the arrival of the altcoin season is just around the corner.

1.WIF

The meme coin Dogwifhat (WIF) on the Solana blockchain has risen 14.7% in the past 24 hours, showing renewed interest in it. The total market value of meme coins is currently $68.2 billion, up 6% over the same period.

Since its launch, Dogwifhat has been steadily developing and has received strong support from the community, especially during the meme coin surge in the first quarter. It is now ranked among the top 30 crypto assets by market value, surpassing Filecoin (FIL). Entering the top 30 is an important milestone for the Solana meme coin, especially after the bullish sentiment in the first quarter of 2024.

Dogwifhat's market value is currently $3.4 billion, and its daily trading volume has surged 50% to $935 million. Despite this, bulls remain optimistic and have taken new positions after the recent market rally. The market turnaround was triggered by the approval of the spot Ethereum ETF and the excitement ahead of this event. In addition, crypto assets have also benefited from the support of US lawmakers for crypto-related bills.

2.HIGH

The price of Highstreet (HIGH) has increased by 25.47% in the past 24 hours to $6.27. Currently, Highstreet has a market cap of about $306 million and has seen a surge in trading volume to $120 million, up 500.62% in the past 24 hours. The team at Highstreet has been busy with various developments, including the implementation of VR technology and concept art that reveals the project’s lore. They are incorporating Shopify’s experience into the brand’s MMORPG to provide players with a first-class Metaverse experience.

The price of the HIGH token has surged by 50% in just five days, showing strong bullish momentum. Furthermore, the weekly chart shows that the bottom of this Metaverse token has seen a rounding reversal. The current bull run has surpassed the 78.60% Fibonacci retracement level, indicating the possibility of a new all-time high this week. According to the Fibonacci levels, the breakout could face resistance at $7.260. If the breakout continues, the coin could climb to $11.225.

3.APT

Aptos is a scalable Layer 1 blockchain with a consensus mechanism that uses PoS proof of stake (PoS refers to staking cryptocurrency, also known as staking, in order to have a chance to verify transactions and obtain transaction fees). It combines a new smart contract programming language "Move" and is able to process transactions in parallel, aiming to achieve a theoretical processing capacity of 100,000 transactions per second (Bitcoin's TPS is about 7 to 15, and Ethereum 1.0 is about 15 to 17).

Current market trends show that it may take a few years for APT coins to reach a price of $100. Nonetheless, if the crypto market continues to maintain a bullish trend, according to our APT token price prediction, we may see Aptos (APT) reach the $100 level in 2029.

4.ENJ

ENJ is an ERC-20 token designed to support digital assets on the Enjin platform, which users can use to buy, sell and trade in-game items with real-world value. Efinity also provides a staking function for Enjin Coin users, and users who stake ENJ can receive EFI rewards. NFTs are automatically staked when stored in a wallet, providing passively income to the owner.

The Enjin ecosystem helps developers tokenize in-game items on the Ethereum blockchain. ENJ-backed assets provide reserve value, transparency, scarcity, liquidity, and utility in games and applications.The ecosystem supports developers and businesses to acquire, retain, engage, and monetize using tokenized digital assets.

Enjin Coin (ENJ) is expected to have a significant impact on the adoption of mainstream digital assets through its immersive GameFi web3 project. Its fully diluted valuation is approximately $684 million, with an average daily trading volume of $51 million. In the past 24 hours, ENJ has risen by more than 11%; in the past week, it has risen by 13%. ENJ is gradually breaking out of the falling wedge pattern, which may soon lead to a price increase of more than 50%.

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