Investors are facing yet another contentious moment characterized by declines affecting Bitcoin and altcoins in equal measure. Bitcoin attempted a breakout above $65,000 this week but failed; a move that has put a lot of crypto portfolios at risk. If investors want to avoid sinking deeper into losses, they could consider 3 under $5 cryptocurrencies to sell including PEPE, LDO and Dogecoin.Rebalancing crypto portfolios is not an easy task. For many, and especially in the current market conditions, it means realizing losses. However, some tough decisions have to be made to safeguard future profits.
Therefore, before Bitcoin drops to $60,000 investors could consider the cryptocurrencies to sell listed below. It is also essential for investors to use this as a guide and carry out extensive research before taking key steps regarding their portfolios.
1. Pepe Coin
Pepe is up a modest 8.5% to $0.00001141 during the US trading session. The frog-themed meme coin dons an impressive 8.5% surge in the market cap to $4.8 billion, ranking #23 among other cryptocurrencies on CoinMarketCap. Its trading volume is above $1 billion, making it the 11th most traded digital asset in 24 hours.

Pepe is among the few coins that have sustained rallies in Q2 of the year to the extent of achieving a new all-time high milestone. The meme coin has gradually become a favorite of the whales, who buy in numbers creating upside momentum.
Despite the impressive recovery this week, Pepe has strayed from its ATH of $0.00001722 traded in May to $0.00001135. Support at $0.00001 holds firm, with traders eyeing a falling wedge pattern breakout.
A breakout from the wedge pattern could call more traders to buy PEPE, thus accelerating recovery above two key levels—the resistance at $0.000014 and the record high of $0.00001722. It might be prudent to let go of Pepe if the fall continues this week. Losing support at $0.00001 could be detrimental to crypto portfolios.
2. Dogecoin (DOGE)
Dogecoin, the largest meme coin, dropped to multi-month support levels,  signaling a pivotal moment for notable recovery or prolonged correction.
The DOGE price has seen a slow yet steady correction trend resonating within two downsloping trendlines for the past three months. The trendlines act as major dynamic resistance and support for this memecoin developing a bullish continuation pattern called flag.
Under the influence of this pattern, the DOGE price turned down from $0.228 to 15 15-week low of $0.113 registering a loss of 50.4%. However, the price is now stabilizing around $0.12 as accompanied by other technical levels such as 50-weekly EMA, 61.8% FIB, and support trendline of the flag.

Failure of Dogecoin to break above $0.13 resistance and continue above $0.15 could mean a lack of direction. Pressure on support at $0.12 may lead to more losses with declines below $0.1 likely. Investors should consider if Dogecoin is one of the cryptocurrencies to remove from their portfolio in the event no progress is on the upside in the coming weeks.
3. Lido DAO (LDO)
According to data from CoinMarketCap, Lido DAO’s token experienced significant trading volume, which spiked over 31% to reach approximately $309 million. The market capitalization also climbed sharply by about 15.83%, settling at around $2.12 billion. This surge placed LDO at the 43rd position in the market cap rankings.LDO continues to trade in the range of $1.82 to $2.39, reflecting heightened trading activity. Over the past 30 days, LDO has seen an overall increase of approximately 36%, indicating a bullish trend.

Lido DAO is experiencing a notable uptrend that may signal the beginning of a bullish period. If this positive trend persists, it will soon breach the $3 resistance barrier. A continuous rise might push its value towards the $4 mark, with aspirations to reach $5 in the upcoming bullish cycle.
On the other hand, a shift in market dynamics could solidify Lido DAO’s position at a support level of $2.36. If the decline continues, LDO could see its price fall to $2, indicating a shift toward a bearish market environment. Should this downturn intensify investors could add LDO to cryptocurrencies to sell in June while looking forward to the next major breakout.
#pepe⚡ #doge⚡ #DAO

The definition of an altcoin has evolved since the early days of cryptocurrency when only a handful of crypto assets existed. Back then, anything but bitcoin (BTC) was considered an altcoin.
Today the world of crypto assets is much broader. There is a wide variety of coins and tokens with use cases that go well beyond a medium of exchange, meaning they aren’t necessarily bitcoin competitors.Still, for lack of a better designation, the basic definition of an altcoin is any crypto asset other than bitcoin.
Here’s a look at the top 10 altcoins by market capitalization, excluding stablecoins. We’ve excluded stablecoins since they are designed to maintain a stable price and are not typically considered to be a speculative investment.
1. Ethereum (ETH)
Market cap: $362.2 billion
Of the $2.5 trillion that represents the total market capitalization of the more than 26,000 crypto assets available today, more than $389 billion is held in Ethereum, the biggest altcoin on the market.Unlike bitcoin, characterized as a “decentralized currency,” think of Ethereum as a distributed computing network where users can use the blockchain to run decentralized applications, or dApps, and host smart contracts.
“BTC is a store of value while ETH is a decentralized playground for builders to determine the future in the technological innovations of blockchain technology,” says Walker Holmes, vice president of metaverse platform MetaTope.
Critics of Ethereum point to high fees for conducting transactions. But with the thousands of apps and other altcoins powered by its blockchain, Ethereum is here to stay.
2. BNB (BNB)
Market cap: $86.2 billion
BNB is a utility token that can be used to pay trading fees and get discounted trades on the Binance exchange. You can even use BNB outside the Binance crypto exchange for payment processing, such as booking travel arrangements.
Advisor
InvestingCryptocurrency
Advertiser Disclosure
Top 10 Altcoins Of 2024
Matt Whittaker
Contributor
Michael Adams
Lead Editor, Investing
Reviewed
Updated: May 13, 2024, 2:16pm
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Getty
The definition of an altcoin has evolved since the early days of cryptocurrency when only a handful of crypto assets existed. Back then, anything but bitcoin (BTC) was considered an altcoin.
Today the world of crypto assets is much broader. There is a wide variety of coins and tokens with use cases that go well beyond a medium of exchange, meaning they aren’t necessarily bitcoin competitors.
Still, for lack of a better designation, the basic definition of an altcoin is any crypto asset other than bitcoin.
Here’s a look at the top 10 altcoins by market capitalization, excluding stablecoins. We’ve excluded stablecoins since they are designed to maintain a stable price and are not typically considered to be a speculative investment.
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1. Ethereum (ETH)
Market cap: $362.2 billion
Of the $2.5 trillion that represents the total market capitalization of the more than 26,000 crypto assets available today, more than $389 billion is held in Ethereum, the biggest altcoin on the market.
Unlike bitcoin, characterized as a “decentralized currency,” think of Ethereum as a distributed computing network where users can use the blockchain to run decentralized applications, or dApps, and host smart contracts.
“BTC is a store of value while ETH is a decentralized playground for builders to determine the future in the technological innovations of blockchain technology,” says Walker Holmes, vice president of metaverse platform MetaTope.
Critics of Ethereum point to high fees for conducting transactions. But with the thousands of apps and other altcoins powered by its blockchain, Ethereum is here to stay.
2. BNB (BNB)
Market cap: $86.2 billion
BNB is a utility token that can be used to pay trading fees and get discounted trades on the Binance exchange. You can even use BNB outside the Binance crypto exchange for payment processing, such as booking travel arrangements.
Critics say BNB isn’t as decentralized as other altcoins. However, the value of the coin itself has also helped fuel investor interest in the exchange ever since BNB started gaining popularity back in 2021.
3. Solana (SOL)
Market cap: $66.1 billion
Developed to help power decentralized finance and apps as well as smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanism to process transactions quickly and securely.
Solana is one of the fastest blockchains out there. Still, it has also faced criticism for being too centralized with very few validating nodes compared with Ethereum, says Whitney Setiawan, research analyst with digital assets exchange Bitrue.
Holmes says Solana is a highly scalable blockchain solution with very low fees but has seen outages and downtime.
4. XRP (XRP)
Market cap: $29.0 billion
XRP can be used to facilitate exchanges of different currency types with digital technology and payment processing company Ripple Labs. Founded in 2012, Ripple Labs is practically a dinosaur in the fast-paced world of cryptocurrency. However, while many other coins have come and gone over the past decade, Ripple Labs and its currency, XRP, have maintained their celebrated status throughout the cryptosphere.In fact, XRP’s XRP Ledger offered the first ever decentralized exchange, or DEX, with a protocol allowing for custom tokenization. This open-source technology is also known for being greener than other competing cryptocurrencies, which may help contribute to its overall popularity.
4. Dogecoin (DOGE)
Market cap: $21.5 billion
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
Richard Gardner, CEO of financial software provider Modulus Global, points out that DOGE has had some big backers but remains riskier than bitcoin.
“Altcoins like DOGE can fluctuate to extreme lows and highs depending on market volatility since they have yet to prove real-world use cases,” says Garry Krugljakow, founder of 0VIX Protocol, a decentralized app that enables crypto lending and borrowing.
5. Toncoin (TON)
Market cap: $20.2 billion
Developed in 2018 by Telegram, the encrypted messaging system, Toncoin is a Layer-1 blockchain whose name originally stood for “Telegram Open Network” but has since been changed to simply “The Open Network.”TON was originally released so that in-application clients could easily settle transactions within the Telegram app. However, it has grown into a community-driven blockchain whose proof-of-stake network maintains extremely fast processing and validation times.
6. Cardano (ADA)
Market cap: $15.8 billion
Cardano was an early adopter of the proof-of-stake consensus mechanism, which speeds up transaction time by removing the competitive and energy-intensive problem-solving dimension of platforms like bitcoin.
“Cardano is a thought leader in the industry that has paved the way for proof of stake consensus mechanisms,” Holmes says. “ADA is a blockchain solution that promises low fees with higher levels of security than many of its counterparts.”
But Daniel Logvin, CEO of blockchain network provider and consultancy LedgerByte, says the altcoin promised too much and has yet to deliver.
7. Shiba Inu (SHIB)
Market cap: $13.5 billion
Shiba Inu, an Ethereum-based meme coin, was developed in 2020. SHIB was created by “Ryoshi,” an anonymous developer who claimed the goal of the coin was to discover if an organization could work without any central leadership.  With major crypto heavy hitters such as Elon Musk and Vitalek Buterin quickly throwing their weight behind it, Shiba Inu appears to be proving Ryoshi’s hope is possible.
Advisor
InvestingCryptocurrency
Advertiser Disclosure
Top 10 Altcoins Of 2024
Matt Whittaker
Contributor
Michael Adams
Lead Editor, Investing
Reviewed
Updated: May 13, 2024, 2:16pm
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Getty
The definition of an altcoin has evolved since the early days of cryptocurrency when only a handful of crypto assets existed. Back then, anything but bitcoin (BTC) was considered an altcoin.
Today the world of crypto assets is much broader. There is a wide variety of coins and tokens with use cases that go well beyond a medium of exchange, meaning they aren’t necessarily bitcoin competitors.
Still, for lack of a better designation, the basic definition of an altcoin is any crypto asset other than bitcoin.
Here’s a look at the top 10 altcoins by market capitalization, excluding stablecoins. We’ve excluded stablecoins since they are designed to maintain a stable price and are not typically considered to be a speculative investment.
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1. Ethereum (ETH)
Market cap: $362.2 billion
Of the $2.5 trillion that represents the total market capitalization of the more than 26,000 crypto assets available today, more than $389 billion is held in Ethereum, the biggest altcoin on the market.
Unlike bitcoin, characterized as a “decentralized currency,” think of Ethereum as a distributed computing network where users can use the blockchain to run decentralized applications, or dApps, and host smart contracts.
“BTC is a store of value while ETH is a decentralized playground for builders to determine the future in the technological innovations of blockchain technology,” says Walker Holmes, vice president of metaverse platform MetaTope.
Critics of Ethereum point to high fees for conducting transactions. But with the thousands of apps and other altcoins powered by its blockchain, Ethereum is here to stay.
2. BNB (BNB)
Market cap: $86.2 billion
BNB is a utility token that can be used to pay trading fees and get discounted trades on the Binance exchange. You can even use BNB outside the Binance crypto exchange for payment processing, such as booking travel arrangements.
Critics say BNB isn’t as decentralized as other altcoins. However, the value of the coin itself has also helped fuel investor interest in the exchange ever since BNB started gaining popularity back in 2021.
3. Solana (SOL)
Market cap: $66.1 billion
Developed to help power decentralized finance and apps as well as smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanism to process transactions quickly and securely.
Solana is one of the fastest blockchains out there. Still, it has also faced criticism for being too centralized with very few validating nodes compared with Ethereum, says Whitney Setiawan, research analyst with digital assets exchange Bitrue.
Holmes says Solana is a highly scalable blockchain solution with very low fees but has seen outages and downtime.
4. XRP (XRP)
Market cap: $29.0 billion
XRP can be used to facilitate exchanges of different currency types with digital technology and payment processing company Ripple Labs. Founded in 2012, Ripple Labs is practically a dinosaur in the fast-paced world of cryptocurrency. However, while many other coins have come and gone over the past decade, Ripple Labs and its currency, XRP, have maintained their celebrated status throughout the cryptosphere.
In fact, XRP’s XRP Ledger offered the first ever decentralized exchange, or DEX, with a protocol allowing for custom tokenization. This open-source technology is also known for being greener than other competing cryptocurrencies, which may help contribute to its overall popularity.
Best Crypto Exchanges 2024
We've combed through the leading exchange offerings, and reams of data, to determine the best crypto exchanges.
Learn More
4. Dogecoin (DOGE)
Market cap: $21.5 billion
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
Richard Gardner, CEO of financial software provider Modulus Global, points out that DOGE has had some big backers but remains riskier than bitcoin.
“Altcoins like DOGE can fluctuate to extreme lows and highs depending on market volatility since they have yet to prove real-world use cases,” says Garry Krugljakow, founder of 0VIX Protocol, a decentralized app that enables crypto lending and borrowing.
5. Toncoin (TON)
Market cap: $20.2 billion
Developed in 2018 by Telegram, the encrypted messaging system, Toncoin is a Layer-1 blockchain whose name originally stood for “Telegram Open Network” but has since been changed to simply “The Open Network.”
TON was originally released so that in-application clients could easily settle transactions within the Telegram app. However, it has grown into a community-driven blockchain whose proof-of-stake network maintains extremely fast processing and validation times.
6. Cardano (ADA)
Market cap: $15.8 billion
Cardano was an early adopter of the proof-of-stake consensus mechanism, which speeds up transaction time by removing the competitive and energy-intensive problem-solving dimension of platforms like bitcoin.
“Cardano is a thought leader in the industry that has paved the way for proof of stake consensus mechanisms,” Holmes says. “ADA is a blockchain solution that promises low fees with higher levels of security than many of its counterparts.”
But Daniel Logvin, CEO of blockchain network provider and consultancy LedgerByte, says the altcoin promised too much and has yet to deliver.
7. Shiba Inu (SHIB)
Market cap: $13.5 billion
Shiba Inu, an Ethereum-based meme coin, was developed in 2020. SHIB was created by “Ryoshi,” an anonymous developer who claimed the goal of the coin was to discover if an organization could work without any central leadership.  With major crypto heavy hitters such as Elon Musk and Vitalek Buterin quickly throwing their weight behind it, Shiba Inu appears to be proving Ryoshi’s hope is possible.
In October 2021, Shiba Inu briefly supplanted Dogecoin as the world’s most valuable meme coin by market cap. In addition, some niche retailers have started accepting the coin as payment following its success among crypto investors. But don’t start looking to pay for your dinner with SHIB yet. An organized social media effort from the Shiba Inu community to get McDonald’s to accept the coin as a form of payment ultimately failed.
8. Avalanche (AVAX)
Market cap: $13.2 billion
Developed as a layer-one blockchain for dApps and other networks, Avalanche has grown into one of the world’s leading altcoin’s, Ethereum’s, main rivals. In particular, the AVAX network is looking to unseat Ethereum as the blockchain of choice for smart contracts. The way in which the newer blockchain hopes to do this is by a higher transaction output without affecting scalability.
Like Ethereum, Avalanche is attempting to solve Vitalek Buterin’s famous blockchain trilemma of security, scalability and decentralization. The blockchain trilemma states that developers must sacrifice at least one of those three components to allow for maximum productivity with the other two. Avalanche attempts to solve the trilemma by making use of three interoperable blockchains in the scope of its own development.
9. Tron (TRX)
Market cap: $10.7 billion
Tron was founded in Singapore in 2017. By December 2021, what had started as a decentralized blockchain had grown into a fully decentralized autonomous organization (DAO). Today, Tron has more than 167 million accounts.
Advisor
InvestingCryptocurrency
Advertiser Disclosure
Top 10 Altcoins Of 2024
Matt Whittaker
Contributor
Michael Adams
Lead Editor, Investing
Reviewed
Updated: May 13, 2024, 2:16pm
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Getty
The definition of an altcoin has evolved since the early days of cryptocurrency when only a handful of crypto assets existed. Back then, anything but bitcoin (BTC) was considered an altcoin.
Today the world of crypto assets is much broader. There is a wide variety of coins and tokens with use cases that go well beyond a medium of exchange, meaning they aren’t necessarily bitcoin competitors.
Still, for lack of a better designation, the basic definition of an altcoin is any crypto asset other than bitcoin.
Here’s a look at the top 10 altcoins by market capitalization, excluding stablecoins. We’ve excluded stablecoins since they are designed to maintain a stable price and are not typically considered to be a speculative investment.
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eToro

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On eToro's Website

Join eToro and get a $10 bonus! (US Only)

1%/1%

20+

1. Ethereum (ETH)
Market cap: $362.2 billion
Of the $2.5 trillion that represents the total market capitalization of the more than 26,000 crypto assets available today, more than $389 billion is held in Ethereum, the biggest altcoin on the market.
Unlike bitcoin, characterized as a “decentralized currency,” think of Ethereum as a distributed computing network where users can use the blockchain to run decentralized applications, or dApps, and host smart contracts.
“BTC is a store of value while ETH is a decentralized playground for builders to determine the future in the technological innovations of blockchain technology,” says Walker Holmes, vice president of metaverse platform MetaTope.
Critics of Ethereum point to high fees for conducting transactions. But with the thousands of apps and other altcoins powered by its blockchain, Ethereum is here to stay.
2. BNB (BNB)
Market cap: $86.2 billion
BNB is a utility token that can be used to pay trading fees and get discounted trades on the Binance exchange. You can even use BNB outside the Binance crypto exchange for payment processing, such as booking travel arrangements.
Critics say BNB isn’t as decentralized as other altcoins. However, the value of the coin itself has also helped fuel investor interest in the exchange ever since BNB started gaining popularity back in 2021.
3. Solana (SOL)
Market cap: $66.1 billion
Developed to help power decentralized finance and apps as well as smart contracts, Solana runs on a unique hybrid proof-of-stake and proof-of-history mechanism to process transactions quickly and securely.
Solana is one of the fastest blockchains out there. Still, it has also faced criticism for being too centralized with very few validating nodes compared with Ethereum, says Whitney Setiawan, research analyst with digital assets exchange Bitrue.
Holmes says Solana is a highly scalable blockchain solution with very low fees but has seen outages and downtime.
4. XRP (XRP)
Market cap: $29.0 billion
XRP can be used to facilitate exchanges of different currency types with digital technology and payment processing company Ripple Labs. Founded in 2012, Ripple Labs is practically a dinosaur in the fast-paced world of cryptocurrency. However, while many other coins have come and gone over the past decade, Ripple Labs and its currency, XRP, have maintained their celebrated status throughout the cryptosphere.
In fact, XRP’s XRP Ledger offered the first ever decentralized exchange, or DEX, with a protocol allowing for custom tokenization. This open-source technology is also known for being greener than other competing cryptocurrencies, which may help contribute to its overall popularity.
Best Crypto Exchanges 2024
We've combed through the leading exchange offerings, and reams of data, to determine the best crypto exchanges.
Learn More
4. Dogecoin (DOGE)
Market cap: $21.5 billion
Dogecoin is the original meme coin, famously started as a joke in 2013. Nevertheless, thanks to a dedicated community and creative memes, it has rapidly evolved into a prominent cryptocurrency.
Richard Gardner, CEO of financial software provider Modulus Global, points out that DOGE has had some big backers but remains riskier than bitcoin.
“Altcoins like DOGE can fluctuate to extreme lows and highs depending on market volatility since they have yet to prove real-world use cases,” says Garry Krugljakow, founder of 0VIX Protocol, a decentralized app that enables crypto lending and borrowing.
5. Toncoin (TON)
Market cap: $20.2 billion
Developed in 2018 by Telegram, the encrypted messaging system, Toncoin is a Layer-1 blockchain whose name originally stood for “Telegram Open Network” but has since been changed to simply “The Open Network.”
TON was originally released so that in-application clients could easily settle transactions within the Telegram app. However, it has grown into a community-driven blockchain whose proof-of-stake network maintains extremely fast processing and validation times.
6. Cardano (ADA)
Market cap: $15.8 billion
Cardano was an early adopter of the proof-of-stake consensus mechanism, which speeds up transaction time by removing the competitive and energy-intensive problem-solving dimension of platforms like bitcoin.
“Cardano is a thought leader in the industry that has paved the way for proof of stake consensus mechanisms,” Holmes says. “ADA is a blockchain solution that promises low fees with higher levels of security than many of its counterparts.”
But Daniel Logvin, CEO of blockchain network provider and consultancy LedgerByte, says the altcoin promised too much and has yet to deliver.
7. Shiba Inu (SHIB)
Market cap: $13.5 billion
Shiba Inu, an Ethereum-based meme coin, was developed in 2020. SHIB was created by “Ryoshi,” an anonymous developer who claimed the goal of the coin was to discover if an organization could work without any central leadership.  With major crypto heavy hitters such as Elon Musk and Vitalek Buterin quickly throwing their weight behind it, Shiba Inu appears to be proving Ryoshi’s hope is possible.
In October 2021, Shiba Inu briefly supplanted Dogecoin as the world’s most valuable meme coin by market cap. In addition, some niche retailers have started accepting the coin as payment following its success among crypto investors. But don’t start looking to pay for your dinner with SHIB yet. An organized social media effort from the Shiba Inu community to get McDonald’s to accept the coin as a form of payment ultimately failed.
8. Avalanche (AVAX)
Market cap: $13.2 billion
Developed as a layer-one blockchain for dApps and other networks, Avalanche has grown into one of the world’s leading altcoin’s, Ethereum’s, main rivals. In particular, the AVAX network is looking to unseat Ethereum as the blockchain of choice for smart contracts. The way in which the newer blockchain hopes to do this is by a higher transaction output without affecting scalability.
Like Ethereum, Avalanche is attempting to solve Vitalek Buterin’s famous blockchain trilemma of security, scalability and decentralization. The blockchain trilemma states that developers must sacrifice at least one of those three components to allow for maximum productivity with the other two. Avalanche attempts to solve the trilemma by making use of three interoperable blockchains in the scope of its own development.
9. Tron (TRX)
Market cap: $10.7 billion
Tron was founded in Singapore in 2017. By December 2021, what had started as a decentralized blockchain had grown into a fully decentralized autonomous organization (DAO). Today, Tron has more than 167 million accounts.
Worth a mere $0.0025 at launch, the cryptocurrency was worth $0.137 by early 2024. That’s an increase of 5,380%, which has turned Tron into one of the world’s fastest growing cryptocurrencies.
10. Polkadot (DOT)
Market cap: $10.2 billion
This altcoin powers the Polkadot ecosystem, where developers can build specific-purpose blockchains as spokes connecting to the main Polkadot blockchain hub, says Max Thake, co-founder of peaq, a blockchain network built on Polkadot. DOT is the native token for Polkadot.
“(There is) a sustained demand for DOT from projects aiming to build on Polkadot,” he says.
This altcoin has better-shared security and is a leader in developer activity and many projects, says James Wo, CEO of blockchain and cryptocurrency investment firm Digital Finance Group. But project progress has been slow, and it lacks star applications to help boost its ecosystem, he says.
#bnb #dot #TrxUstd #avax #tonecoin

Among the thousand options of cryptos to buy under $2, nothing can beat PEPE, JasmyCoin, Ethena, and ONDO in this race to make millions.With the superiority of gains in the heat map, the crypto market is in bullish conditions. Moreover, the fear and greed index has reported the greed zone running for days, indicating the perfect time to buy more cryptos before the bull run takes over. Under this situation, check out the top cryptos to buy under $2, which can make you millions in the upcoming days.
Most Profiting Cryptos To Buy Under $2
Instead of buying those high-priced cryptocurrencies, buying low-valued ones can be a better option as they have higher profit chances even in normal market conditions. Additionally, it is safer to experiment or invest in new cryptocurrencies as the risk is lower.More importantly, the crypto market offers thousands of options in cryptos to buy under $2. It mainly contains the meme coins, which have the highest profit potential in the current market conditions. On that note, check out the top crypto to buy under $2 here.
1.Pepe Coin (PEPE)
PEPE’s ongoing price surge isn’t hidden from any investors as this frog meme coin has bagged 78% gains in the last week only, and many more to come. PEPE price is currently at $0.00001673 and is just 2.8% away from its all-time high target of $0.00001718. Moreover, Pepe Coin’s price is now twice the value it had a month ago, making twice the gains for its investors in such a short span. As of now, there is no better crypto to buy under $2 than PEPE because of its current price performance.
2.JasmyCoin (JASMY)
JASMY is booming today as the value has hiked 13% in the last 24 hours and 30% gains the previous week. At the time of writing, JasmyCoin’s price is at $0.02572, with an 800% surge in its trading volume earlier, bringing the value to $496 Million. With this surge in TV and other bullish factors, JASMYis all set to rise even higher in the upcoming future, becoming the best crypto to buy under $2.
3.Ethena (ENA)
Ethena is in the perfect zone for short-term gains as the price is under fluctuations for now. However, it is worth noting that the ENA price is up by 27% in the last few weeks, bringing the value to $0.9115. More importantly, the Ethena price has risen to as high as $1.52 earlier in April, which assures its price potential in favorable conditions. Once this crypto is at its full potential, traders will be bringing millions just the way they did after its launch last month.
4.Ondo (ONDO)
Ondo is going through a recovery phase after surging to an all-time high of $1.33 just yesterday. It is among the newest launched cryptos, exhibiting great growth potential over such a short period. Moreover, this is just the beginning of this Ondo DAO token, as the price may rise twice the current ONDO price of $1.24 in the upcoming altcoin season.
Final Thoughts
With PEPE leading the profiting cryptocurrencies, especially under the $2 mark, the meme coins demand is over the roof. It is an indication of the upcoming altcoin season, which will throw the cryptocurrency price even higher than the current ones. Moreover, JASMY, ENA, and ONDO are in the perfect zone of buying with immense price potential in the upcoming days.
#ONDO： #ENAUSDT🚨 #jasmyustd #pepe⚡

Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license.Binance France has new shareholders who own 100% of the company equally between them. The move was necessary after the country’s Financial Markets Authority (AMF) sent the company a warning in December.
According to a blog post, the AMF informed Binance France that it had to take action in response to the problems that arose between the original beneficial owner and the United States Justice Department, Commodity Futures Trading Commission (CFTC) and the Treasury’s Financial Crimes Enforcement Network. In other words, former Binance CEO Changpeng Zhao could no longer own the company.
The post indicated that Zhao had already withdrawn from the company. He pleaded guilty to the U.S. charges in November and has been sentenced to four months in prison in the United States, although he has yet to begin his prison term.
Related: States’ backlash against Binance.US continues with 6th license pulled
Binance France did not provide the names of the new beneficiaries but said they were both members of Binance's founding team. The Pappers information service indicated that they are Lihua He and Yulong Yan. Little information is available about either individual.
The Binance white paper presumably identifies Yan as Allan Yan, the first product director. Yan was also a co-founder of Bijie Tech, the company Zhao established before Binance to provide software to cryptocurrency exchanges. That Shanghai-based company was shut down in 2017. Lihua He is not mentioned in that document.

Under Markets in Crypto-Assets (MiCA) regulations, a company licensed in one European Union country can passport the license to all 27 member states. Binance reportedly received AMF approval in May 2022, after operating illegally in the country since 2020. It was also reportedly under investigation for Anti-Money Laundering violations before Zhao faced charges in the United States.
Binance France also faced challenges finding a banking partner in France after the CFTC filed suit against the company in March 2023. Binance France executive director Stéphanie Cabossioras joined a wave of executives who departed the company in October 2023.
In June, Binance was denied a virtual asset service provider license in the Netherlands and its Belgian operations were closed by regulators later the same month.

From a market capitalization standpoint, memecoins are a tiny fraction of Bitcoin’s size.
Memecoins have captured the public imagination and attention during this bull run, at least so far. Crypto analyst Joao Wedson pointed this out recently in a post on X (formerly Twitter).

In terms of price percentage change, memecoins have had the upper hand recently.

Does this mean memecoins are taking the spotlight away from Bitcoin? Will the public attention and capital inflows to the meme markets significantly impact Bitcoin’s demand?
Most memecoins are here one moment, gone the next
The recent trend of memecoins skyrocketing in the Solana ecosystem is a good example of how easy it is to create tokens and gain a small fraction of the public’s attention, even if it is for a brief moment.However, from a market capitalization standpoint, memecoins are a tiny fraction of Bitcoin’s size. Since the dip on the 1st of May, Bitcoin has added $233 billion to its market capitalization.
In comparison, at press time, the top ten memecoins’ total combined market capitalization stood at $57.26 billion.The chart above showed that the social volume of Bitcoin (cyan) was 3135 on the 26th of May compared to 350 (yellow) for PEPE.
This is just one memecoin, not the whole sector, but the difference is still enormous considering PEPE gained 75% last week and is one of the hotly discussed memes online.
Therefore, social media engagement was still in favor of Bitcoin. Additionally, the derivatives and spot market of Bitcoin are likely too big for memecoins to meaningfully chip away at.

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Memecoins outperform Bitcoin: Is the spotlight shifting?

From a market capitalization standpoint, memecoins are a tiny fraction of Bitcoin’s size.
Posted: May 28, 2024

Memecoins have been the talk of the town this bull run and have performed well since late February.There’s an allure to these tokens that solve nothing but still attract thousands of investors.
Memecoins have captured the public imagination and attention during this bull run, at least so far. Crypto analyst Joao Wedson pointed this out recently in a post on X (formerly Twitter).
In terms of price percentage change, memecoins have had the upper hand recently.
Does this mean memecoins are taking the spotlight away from Bitcoin? Will the public attention and capital inflows to the meme markets significantly impact Bitcoin’s demand?

Most memecoins are here one moment, gone the next
The recent trend of memecoins skyrocketing in the Solana ecosystem is a good example of how easy it is to create tokens and gain a small fraction of the public’s attention, even if it is for a brief moment.

Source: Joao Wedson on X
However, from a market capitalization standpoint, memecoins are a tiny fraction of Bitcoin’s size. Since the dip on the 1st of May, Bitcoin has added $233 billion to its market capitalization.
In comparison, at press time, the top ten memecoins’ total combined market capitalization stood at $57.26 billion.

Source: Santiment
The chart above showed that the social volume of Bitcoin (cyan) was 3135 on the 26th of May compared to 350 (yellow) for PEPE.
This is just one memecoin, not the whole sector, but the difference is still enormous considering PEPE gained 75% last week and is one of the hotly discussed memes online.
Therefore, social media engagement was still in favor of Bitcoin. Additionally, the derivatives and spot market of Bitcoin are likely too big for memecoins to meaningfully chip away at.
The allure of memecoins
The number of cryptocurrencies in the market has increased drastically year after year. In January 2021, an estimated 4,154 tokens were in the market. In March 2024 that number has increased to 13,217, and counting.
Most of these tokens are based on vaporware, products that are promised to the public but never actually created. This huge dilution among altcoins is vastly different from the past two cycles.
OG crypto traders talk about tokens randomly popping off during a bull run and making triple-digit percentage gains within days.
The problem now is that with so many tokens around that have suffered at least one bear market, the crypto space is too saturated to see all of them trend higher during a bull run.
In that regard, memecoins are upfront and honest about their intentions. They bring a community together through jokes and vibes, promise no product expect a potential return on investment and some fun during the journey toward these gains.
Win or lose as a team of bag holders.People who don’t have the time or know-how to weed through dozens, or even hundreds, of crypto tokens are naturally attracted to these down-to-earth meme tokens and willing to bet at least a small amount on them.
This is not to say that there aren’t tokens with good development teams that look to solve a defined problem, but it is harder for the public to find them. Perhaps that is why memecoins are outperforming other sectors so far.

In the vibrant cryptocurrency market, a bull run is unfolding, and investors are constantly on the lookout for the next big opportunity. As the uptrend gains momentum, understanding which lesser-known coins have high growth potential becomes critical. This article spotlights five such coins that demand attention, each with a potential to yield significant returns. It’s easy to miss out on these opportunities, but for those in search of impressive gains, these selections may prove indispensable in the 2024 bull run.
Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users. 
The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 
BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
Hedera Price Momentum: Upswing or Pullback Ahead?
Hedera (HBAR) is between $0.10 and $0.12 now. It’s moved up a lot in the past six months, by 88.91%, and even the past month saw a solid 30.63% increase. Last week alone, the price jumped by 10.41%. Currently, it’s moving closer to a stronger price at $0.13. If it falls, we expect it might stop around $0.09. The coin’s recent moves show more buyers coming in, which could mean more price jumps soon.
Litecoin (LTC) Price Moves within Tight Range
Litecoin’s price has seen various changes recently. In the last week, LTC climbed by 10.81%, showing strong momentum, but over the month, the increase was more modest at 3.64%. Looking back six months, LTC has gained 25.52%. Currently, LTC is trading between $78.82 and $85.40, seeking direction. It teases the nearest resistance level at $88.41 and stays above the support of $75.25. The coin’s movements seem to be more corrective as indicators like the RSI and Stochastic show no extreme conditions, and the MACD is nearly flat.
Optimism Price Analysis: Is Growth Sustainable?
Optimism (OP) has been on a notable upward trend with a 6-month gain of nearly 50%. Recently, the price has settled between $2.27 and $2.63. In just one week, the price rose over 14%. Despite the positive trend over months, the short-term movement reflects slight pullback with indicators like the RSI at 39.95, suggesting the current momentum might be losing some steam. Additionally, the Stochastic value is quite low, hinting that OP might be in an oversold condition. The MACD level is nearly flat, indicating a lack of strong momentum at this point. The nearest resistance is at $2.81, and with the price currently below the 10-day Simple Moving Average, it seems like the coin is in a corrective phase after recent gains.
Polygon’s Steady Climb Amidst Uncertain Market
Polygon (MATIC) has been moving within a price range of $0.64 to $0.72, showing resilience in the midst of market uncertainty. It has approached a resistance level at $0.76 but has maintained support at $0.60. Over the past week, MATIC witnessed an impressive 12.15% price increase, while the monthly change remains modest at 2.10%. However, over the last six months, the price has seen a slight decline of 5.57%. The current trends, reflected by indicators such as the RSI at 49.20 and Stochastic at 66.51, suggest that Polygon is neither overbought nor oversold, thus potentially positioning it for stable movements. The near-neutral MACD level indicates the likelihood of consolidation, with potential impulsive moves if it breaks through the immediate resistance. In this context, Polygon could potentially explore the ranges between its second resistance at $0.84 and second support level at $0.52, depending on market sentiment and overall crypto dynamics.
Conclusion
Looking at HBAR, LTC, OP, and MATIC, these coins may not shine as brightly in the short term compared to others. The spotlight is on BlastUP for having the greatest chance to soar. This project is rooted in an innovative concept and benefits from integration with the broader Blast ecosystem. Investing in BlastUP, therefore, offers a compelling opportunity given its strong underlying fundamentals and future growth prospects.

Centralized crypto exchanges (CEX) have seen huge outflows in the last 24 hours with Binance, Coinbase, Bybit, and OKX recording over 30% decline in volumes. On-chain data shows sharp exits from centralized exchanges with analysts speculating wider market sell-offs and possible long-term buys by some bulls. Intra-day crypto trading has declined as most assets lose previous gains as sentiments flip. Market leader Bitcoin is down 1.21% exchanging hands at $69,836. Although weekly gains remain green, CEX volumes are depleting causing a roadblock to previous runs.

Binance and Coinbase Mark Exits
Leading crypto centralized exchanges Binance and Coinbase have seen declined activities today. Binance posted a $23.7 billion daily volume, a 31% volume decline amid a wider crypto-asset plunge. This week, Binance and other exchanges saw inflows as bullish pressure ticked upwards triggered by positive macroeconomic sentiment and spot ETH ETF anticipation.

Coinbase, the largest crypto exchange by volume in the United States saw outflows hitting 47.9% following market uncertainties. Trading volume was pegged above $3 billion. Bybit, the second-largest global exchange by volumes plummeted 30.5%. Despite outflows, trading activity stood at around $5.04 billion.

OKX saw similar outcomes as trading volumes plunged 37.9% to $3.8 billion. Other centralized crypto exchanges also marked reduced numbers following the release of the UK inflation data. Although inflation rates dropped to 2.3%, it missed the 2.1% mark projected by analysts. While this points to declined sentiments, crypto bulls on social media spaces maintain pressure on the market expecting a new run.

Crypto Prices Plunge
Crypto assets have plummeted today as losses cut across Bitcoin, Ethereum (ETH), and meme coins. According to on-chain analytics firm, Coinglass, the market saw $180 million in liquidations in the last 24 hours. ETH which rallied the market with 23% gains yesterday is down 2.24% while Ripple (XRP) and Cardano (ADA) are down 3.16% and 5.34% respectively.

Both assets also saw reduced trading volumes as mid-week trading continued sideways. Meme coins recorded outflow although PEPE defied the current market direction. Dogecoin (DOGE) is down 1.5% while Shiba Inu (SHIB) and Popcat trades at 1.9% and 9.5% losses.

The latest update from Binance, one of the world’s leading cryptocurrency exchanges, has sparked a lively discussion in the global crypto community. In an official statement released today, May 16, the firm revealed that it is removing the NOT/BTC trading pair, aiming to offer users a better trading experience.This decision, coming as Notcoin is gaining immense popularity, has sparked a tidal wave of speculation among the token’s investors, who are speculating over the crypto’s future price movements. Here’s a closer look at Binance’s announcement and its potential implications for Notcoin.

Binance To Remove NOT/BTC Trading Pair
Aligning with Binance’s announcement, the NOT/BTC trading pair, which was initially set to be listed on May 16 at 12:00 UTC, is now being removed from the platform. This decision surfaces in tandem with another event that unfolded orbiting Notcoin (NOT) crypto.

According to Notcoin’s community’s post on X today, some deposits of Notcoin to Binance were declined. This happened due to Binance’s compliance check.

Although users will receive their balance on ‘t.me/notcoin_bot‘ soon, as clarified by the crypto’s community, the sudden and abrupt halting of the NOT/BTC trading pair has taken the crypto market by storm. Meanwhile, Notcoin also claimed to have been working closely with Binance to resolve the issue.Further, amid the abovementioned saga, the NOT token has embarked upon a slumping price trajectory.
NOT Price Tumbles
As of writing, the NOT token’s price trajectory has plunged phenomenally, dipping 51.03% today. The token currently rests at $0.007077, boasting a market cap of $727.22 million. Further, its 24-hour lows and highs are $0.006887 and $0.01445, respectively.In the interim, Bitcoin (BTC) traded at $65,891.68 today, up 2.75% in the past 24 hours. The token’s market cap was evaluated to be $1.29 trillion, whereas its 24-hour trading volume stood at $36.70 billion.
#notbtc

In a move that has sent ripples through the cryptocurrency market, Binance, the world’s leading crypto exchange, has announced the delisting of several crypto trading pairs from its platform. The decision affects trading pairs involving popular cryptocurrencies such as SEI, SUI, CHESS, MDX, and ALPACA, raising concerns among investors about the potential impact on prices and market sentiment. This significant shift highlights Binance’s ongoing efforts to manage risk and maintain market stability, although it also shows the volatility and unpredictability inherent in digital asset trading.
Binance’s Delisting Announcement Sparks Speculations
Binance Margin will delist several margin trading pairs on May 31 at 06:00 (UTC).Cross Margin pairs such as MDX/BTC, SEI/TUSD, and SUI/TUSD, as well as Isolated Margin Pairs like ALPACA/BTC, ARKM/TUSD, CHESS/BTC, MDX/BTC, SEI/TUSD, and SUI/TUSD, will be removed. Ahead of this, at May 24 06:00 (UTC), Binance Margin will suspend isolated margin borrowing on these pairs.On May 31, Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the affected pairs before their removal from Margin trading. Binance has urged traders to heed warnings, adjust positions, and leverage to avoid liquidation risks.
The exchange has reserved the right to implement further protective measures amid volatile market conditions, potentially affecting maximum leverage, position values, and funding rates. While the announcement demonstrates Binance’s proactive risk management, it has also triggered speculations regarding the potential impact on the prices of the mentioned cryptocurrencies.
Prices Remain Stable Amid Broader Market Recovery
For traders and investors, navigating the cryptocurrency market requires vigilance and adaptability. Binance’s actions aim to mitigate risks and enhance market integrity, highlighting the inherent volatility and unpredictability of digital asset trading. Market participants are urged to stay informed, monitor developments closely, and exercise caution when managing their portfolios.

Amid the recovery in the broader crypto market, prices of the affected coins have shown varied reactions: Sui (SUI) is priced at $1.14, down 1.43% in the last 24 hours but up 24.67% over the past week, Also the Tranchess (CHESS) on the other hand is $0.1861, down 4.93% in 24 hours but up 8.73% for the week. Sei (SEI) stands at $0.5635, down 3.30% in 24 hours but up 23.13% over the week and Alpaca Finance (ALPACA) is $0.1785, up 3.12% in 24 hours and 12.42% over the week. Lastly Mdex (HECO) (MDX) is $0.0421, showing a marginal increase of 0.02% in 24 hours and 3.00% for the week.

As history suggests, announcements from major exchanges often influence market sentiment, with positive news driving up prices and negative developments dampening investor enthusiasm. In this case, the delisting of trading pairs may inject uncertainty into the market, prompting investors to reassess their positions and trading strategies.

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Top 6 BEST Altcoins to Buy for 10x Profits in 2024
Author: Zameer Attar

May 17, 2024 12:16

Story Highlights
Bitcoin's price drop is seen as a normal correction and could lead to future growth, possibly reaching $100,000-$120,000.Analysts named top 6 potential high-growth altcoins in 2024: INJ, LimeWire , MLC, DOT, SOL, ONDOAs Bitcoin consolidates, analysts expect altcoins to rise in price.
As Bitcoin enters a period of sideways consolidation, falling up to 23% from its all-time highs, its market outlook remains cautiously optimistic. This phase is seen as a healthy correction, possibly paving the way for future growth.
Experts at Altcoin Daily believe Bitcoin could still double its value, reaching between $100,000 and $120,000 in this cycle. Alongside Bitcoin, they have identified six cryptocurrencies with the potential to increase tenfold in 2024, based on their unique strengths and development potential.
Here’s a deep dive into their insights.
Top Altcoins to Add to Your Portfolio Now
Injective (INJ)
Injective is a blockchain focused on finance, with upgrades and integrations enhancing financial applications. It works with Solana and Cosmos, expanding its ecosystem. Injective plans to develop a layer-three Arbitrum chain to improve its infrastructure and interoperability, indicating strong growth potential.
LimeWire (AI Crypto)
LimeWire has evolved from a file-sharing service to an AI-generated music platform. Blockchain technology manages rights and income for AI-created music. As AI and blockchain continue to merge, LimeWire aims to be among the top 10 AI tokens by the end of the year.
My Lovely Planet (MLC Token)
My Lovely Planet is a fast-growing Web3 mobile game, available on the App Store and Google Play. With over 170,000 monthly active users, the game combines casual gaming with environmental impact by planting trees as players level up. The game’s token, MLC, is not yet live but is distributed through quests and tasks. This combination of gaming and environmental impact positions it for significant growth.
Polkadot (DOT)
Polkadot’s innovative strategy and SEC compliance set it apart from other Layer 1 blockchains like Solana, Cardano, and Avalanche. Polkadot’s Web3 Foundation recently classified DOT as a non-security, encouraging institutional adoption. Despite being down 87.4% from its peak, Polkadot’s technology and regulatory foresight suggest a strong potential for recovery and growth.
Solana (SOL)
Solana is known for its high-performance blockchain, capable of handling thousands of transactions per second. Continuous improvements and updates make it a robust competitor in the Layer 1 space. With ongoing development and a growing ecosystem, Solana is a top contender for significant price appreciation.
Ondo Finance (ONDO)
Ondo Finance offers an institutional-grade financial platform backed by major investors like Founders Fund, Pantera Capital, and Coinbase. It allows users to earn yields on US Treasuries and the US dollar on-chain. Ondo recently launched Global Markets, a new platform aiming to bring all publicly traded securities on-chain with direct access to traditional securities exchange liquidity.
#ONDO/USDT❤️ #sol #POLKADOTE

The cryptocurrency landscape is constantly evolving, marked by unpredictability. Here, the search for the next major opportunity never stops. Despite the recent crypto market downturn, savvy investors continue to seek out promising projects. In the middle of this turbulence, Launchpad tokens emerge as pathways to innovative and potentially profitable ventures. Today, we explore three trending Launchpad tokens set to have an impact in May: Internet Computer (ICP), ChainGPT, and Kadena.
1. Internet Computer (ICP)
Internet Computer (ICP) has been creating excitement in the crypto community due to its unique method of decentralization. The token has shown a bullish trend despite the market challenges, having increased by 2.18% in its value over the past day, after recovering from losses of 12.2% over the past week.

With a market cap of $5,568,801,296, ICP is a major player in the crypto space, priced at $12.01. ICP has 7,375,320 coins available and a trading volume of $84,444,469 in the past 24 hours, showing stability and high liquidity, making it a desirable investment choice.

The Internet Computer blockchain redefines blockchain design using cryptography, enabling a versatile “World Computer” for various online systems. It eliminates the need for traditional IT like cloud services, promoting decentralization.

The ICP token holds value through three key utilities: powering computation by burning cycles, staking in the Network Nervous System DAO for voting rewards, and serving as a store of value for investing in decentralization sales by web3 services.

2. ChainGPT (CGPT)
In the field of combining artificial intelligence and blockchain, ChainGPT stands out as a strong competitor among launchpad tokens. Although the market downturn has affected the token’s performance with decreases in value in the past day and week, it boasts a market capitalization of $108.9 million. ChainGPT presents an attractive option for investors due to its circulating supply of 35,153,792 CGPT and 24-hour trading volume of $8 million, indicating growth potential and active trading.

ChainGPT Token is essential for the ChainGPT ecosystem, serving as the main currency for accessing the advanced AI model that powers it. Holders of $CGPT enjoy various benefits, making it a valuable investment for the future of crypto and blockchain. The token enables access to the specialized ChainGPT AI Model, offering tools for code contracts, market analysis, and more in the crypto and blockchain sector.

3. Kadena (KDA)
Kadena, placing emphasis on scalability and security, offers another attractive option for investors looking to invest in cutting-edge blockchain solutions. In spite of the challenges in the market, Kadena has demonstrated strong performance, achieving an 1.39% growth in the past. With a price tag of $0.8135,

Kadena’s market capitalization sits at $223.1 million with 4,327,428 KDA in circulation and a trading volume of $3.3 million over the past 24 hours. This demonstrates stability and attracting investor interest, which makes it a potentially lucrative investment opportunityKadena is a proof-of-work blockchain that combines Bitcoin’s PoW consensus with DAG principles for scalability. It offers security like Bitcoin but with high throughput for enterprises. Kadena’s decentralized infrastructure supports mass adoption with a multi-chain approach.

The platform promises industrial scalability for global financial systems and energy efficiency. Kadena’s crypto gas stations help businesses pay for customer gas fees, easing the adoption of blockchain technology.

Conclusion
Despite the volatility in the crypto market, there are plenty of opportunities for individuals who are willing to explore Launchpad tokens. In May, investors have a chance to take advantage of new trends and innovative technologies with launchpad tokens such as Internet Computer (ICP), ChainGPT, and Kadena at the forefront. Prudent research and risk management are essential for successfully navigating this ever-changing environment.

the summer end and continue till the end, the hunting is on for the best altcoin options. However, there are thousands of cryptocurrencies in the market, each with a different use case and performance history, making it even more challenging to choose the best.Nevertheless, a few evergreen altcoins with a history of profits should not be missed for the season as well. In this blog, let us discuss the top 4 must-buy altcoins before the Altcoin season starts.

1.Solana (SOL)
These days, Solana is the most popular blockchain network due to the success of Solana meme coins. The Solana network’s native token, SOL, is a popular altcoin, currently trading at $145.97 after a slight pump from yesterday. The demand for the token is understood by the 109% surge in its last 24-hour trading volume, pushing the value to $2,077,586,755.

Moreover, Solana is ranked 5th among the top 10 cryptocurrencies on CoinmarketCap, with its market capitalization of $65,459,493,601. Investing in Solana will be the right approach to welcome the altcoin season.

2.Polygon
Polygon is a layer2 solution, considered as the best alternative for the Ethereum network. It has gained huge popularity over the years, and its native token, MATIC, is among the top 20 best cryptocurrencies for its market cap of $6,624,997,147.
MATIC is currently trading at $6,625,428,706 with a trading volume of $221,318,234 after a 104.57% surge. Though MATIC’s value is down right now, the history of this altcoin reveals the possibility of seeing big profits at the right time.

3.Toncoin
Toncoin gained massive popularity with its current collaboration with the social media platform Telegram. Telegram has a long history with Toncoin and does influence the value of Toncoin. Moreover, TON has a history of profits, as the token has created an ATH of $7.65, which is just 5% away from its current value.

At the time of writing, TON is trading at $7.26 and is ranked 8th for its market cap of $25,230,439,674. Its trading volume has surged by 202%, pushing the value to $772,630,158. If the trend continues, TON will set a new ATH in the next few hours only.

4.Chainlink
Chainlink has continuously worked on adding new functionality and Smart Contract features in the market. Just recently, Chainlink has integrated six new services for various blockchains, including projects from DeFI, Fitech hubs, and web3 games. These continued efforts increased this altcoin’s worth in the crypto market, making it the perfect option for the altcoin season.
Moreover, Chainlink’s native token, LINK, is ranked 16th for its market cap of $7,928,632,368. At the time of writing, LINK is trading at $13.53 and has witnessed a 52% surge in its trading volume.
As per the crypto analysts Mikybull Crypto, altcoins are in a disbelief stage, usually leading to huge rallies in the past. Much such analysis directly indicates the possibility of witnessing an altcoin season soon.
#sol #MaticUSDC #chainlink #ToncoinSurge

In a marked downturn, the Runes protocol has witnessed a sharp reduction in blockchain interactions and minting activities. Despite accruing substantial daily fees, Runes has only eclipsed the $1 million mark in total fees on two separate occasions within the last twelve days, highlighting a noticeable downtrend.
Initially, Runes catalyzed an investor frenzy following its launch on April 19, which coincided with the most recent Bitcoin halving event. This launch period saw an unprecedented surge in transaction fees, with miners collecting over $135 million in the first week alone. The Runes protocol quickly dominated Bitcoin transactions, reaching a peak transaction share of 81.3% on April 23. However, this dominance was short-lived as activity began to taper off, with significant declines noted particularly on May 10.The analytics from Dune, a leading blockchain analytics platform, confirm these observations. After an initial robust performance, the fee revenue from the Runes protocol has shown a consistent decline. Despite the protocol’s ability to still generate hundreds of thousands of dollars daily on the Bitcoin blockchain, the dwindling frequency of surpassing the $1 million threshold points to a broader trend of decreased activity.

Developed by Casey Rodarmor, also known for creating Ordinals which introduced non-fungible tokens to the Bitcoin network, Runes extends this innovation by facilitating the creation of fungible tokens. This development promised enhanced tokenization capabilities over the existing BRC-20 standard, leading to a significant initial uptake and a burst in meme coin trading on the platform.Despite the declining transaction share, Runes displayed a brief recovery in early May, with transaction shares rebounding above 60% on May 4 and 5. However, this was not sufficient to sustain the earlier levels of engagement, and overall miner revenue on the Bitcoin network fell to below $30 million per day in May.

The Runes protocol, despite its early success and the creation of several high-value Rune collections as reported by Magic Eden, faces the challenge of maintaining traction in a volatile market. Further innovation remains on the horizon, as hinted by Rodarmor with a forthcoming audioreactive generative art project during an Ordinals event in Hong Kong, potentially revitalizing interest in the platform.

Wells Fargo, a titan in the U.S. banking sector, has marked a significant expansion in its cryptocurrency portfolio by investing in Grayscale’s spot Bitcoin ETF. According to the U.S. Securities and Exchange Commission (SEC), this strategic move encompasses Wells Fargo’s acquisition of a spot Bitcoin ETF from Grayscale and ProShares.
The investment portfolio includes 37 shares of the ProShares Bitcoin Strategy ETF, which provides exposure to Bitcoin futures. Additionally, the bank has acquired 2,245 shares of the Grayscale Bitcoin Trust, recently converted into an ETF format. Wells Fargo also holds 52 shares of Bitcoin Depot, strengthening its position in the digital asset market.
This considerable investment in Bitcoin assets totals over $143,000. The SEC, however, advises caution, noting that financial disclosures should not be presumed accurate and complete without verification.

In a broader strategy to enhance digital asset accessibility, at the end of February, both Merrill Lynch’s investment division and Wells Fargo’s asset management division started to offer selected clients access to Bitcoin-based ETFs. Eligibility for these offerings is contingent upon clients having an active brokerage account and specifically requesting access to a Bitcoin ETF.

A Wells Fargo spokesperson confirmed that spot Bitcoin ETFs would be available for purchase through Wells Fargo Advisors or the Wellstrade Bank online platform upon receiving regulatory approval. Similarly, UBS Group AG is selectively offering SEC-approved spot Bitcoin ETFs to certain asset management clients who have the necessary brokerage setup.Wells Fargo’s venture into Bitcoin exposure is not its initial foray into the cryptocurrency sphere. In 2021, the bank applied for registration of a passive Bitcoin fund and indirectly equipped high-net-worth clients with mechanisms to invest in Bitcoin. During this period, Wells Fargo’s asset and investment management division was responsible for managing approximately $2 trillion in assets.

This article presents a curated list of five promising altcoins under $1, including The Graph (GRT), Sei (SEI), and Harmony (ONE), that could beat expectations this bull season.
The cryptocurrency market recently slipped into a bull phase, with the price of Bitcoin (BTC) hitting a new all-time high above $73,000 on March 14. However, the latest market uptrend, which began last October, has cooled, with most crypto assets seeing double-digit losses over the past month.
Nonetheless, most market analysts have presented the current downturn, which has triggered a 12% collapse in Bitcoin’s price in the last month, as an opportunity for investors to augment their bags before the market witnesses another phase of price upswings.Amid this prevalent sentiment, the uncertainty revolves around the cryptocurrencies worth betting on. While multiple market watchers have called attention to the most prominent altcoins, this article spotlights some of the lesser known ones trading under the $1 mark but showing potential to shine during the bull season.

The Graph (GRT)
The Graph (GRT) functions as a decentralized protocol within the blockchain scene, indexing and organizing data to enable the creation of open APIs, termed subgraphs. Developers utilize GraphQL to query these subgraphs for indexed data on the network.

In one of its recent bullish developments, The Graph introduced the Sunrise Upgrade Program, featuring a reward pool of 4 million GRT.Santiment data reveals an additional 11,680 holders since January, surpassing 160,000 total holders and reaching 161,880 at last check. Concurrently, whale addresses, holding between 10 million and 100 million GRT, have accumulated over 200 million tokens since late February.
The Graph Whale Accumulation
This positive momentum reflects growing investor confidence and substantial demand for the token, with GRT’s performance in the current bull market exhibiting remarkable growth. It soared 504% from the August low of $0.0817 to a two-year peak of $0.4940 in March.
Current statistics show a 44% year-over-year increase in GRT’s price. Despite a current trade value of $0.2654, representing a 46% decrease from the annual high, The Graph’s resilience above the 200-day EMA ($0.2387) and its pursuit of significant resistance levels suggests a potential continuation of its upward trajectory.

HomeCrypto NewsMarketHere are Five Altcoins Under $1 That Could Shine This Bull Season
Here are Five Altcoins Under $1 That Could Shine This Bull Season
DATE:
MAY 9, 2024
WRITTEN BY:
SAM WISDOM RAPHAEL

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This article presents a curated list of five promising altcoins under $1, including The Graph (GRT), Sei (SEI), and Harmony (ONE), that could beat expectations this bull season.
The cryptocurrency market recently slipped into a bull phase, with the price of Bitcoin (BTC) hitting a new all-time high above $73,000 on March 14. However, the latest market uptrend, which began last October, has cooled, with most crypto assets seeing double-digit losses over the past month.
Nonetheless, most market analysts have presented the current downturn, which has triggered a 12% collapse in Bitcoin’s price in the last month, as an opportunity for investors to augment their bags before the market witnesses another phase of price upswings.
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Amid this prevalent sentiment, the uncertainty revolves around the cryptocurrencies worth betting on. While multiple market watchers have called attention to the most prominent altcoins, this article spotlights some of the lesser known ones trading under the $1 mark but showing potential to shine during the bull season.
The Graph (GRT)
The Graph (GRT) functions as a decentralized protocol within the blockchain scene, indexing and organizing data to enable the creation of open APIs, termed subgraphs. Developers utilize GraphQL to query these subgraphs for indexed data on the network.
In one of its recent bullish developments, The Graph introduced the Sunrise Upgrade Program, featuring a reward pool of 4 million GRT.

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Santiment data reveals an additional 11,680 holders since January, surpassing 160,000 total holders and reaching 161,880 at last check. Concurrently, whale addresses, holding between 10 million and 100 million GRT, have accumulated over 200 million tokens since late February.

This positive momentum reflects growing investor confidence and substantial demand for the token, with GRT’s performance in the current bull market exhibiting remarkable growth. It soared 504% from the August low of $0.0817 to a two-year peak of $0.4940 in March.

Current statistics show a 44% year-over-year increase in GRT’s price. Despite a current trade value of $0.2654, representing a 46% decrease from the annual high, The Graph’s resilience above the 200-day EMA ($0.2387) and its pursuit of significant resistance levels suggests a potential continuation of its upward trajectory.
TokenFi (TOKEN)
TokenFi (TOKEN) is a pioneering entity within the Floki ecosystem for real-world assets tokenization. The platform boasts an intuitive interface, enabling the generation and tokenization of assets without the need for programming expertise.
As a participant in an expanding sector estimated to attain a $16 trillion valuation by 2030, TokenFi is poised to emerge as a dominant player in the realm of asset tokenization. Ripple, a prominent blockchain payment company based in San Francisco, is also exploring opportunities within this burgeoning market.
TokenFi has witnessed a notable uptick in investor confidence. An infusion of $10 million by DWF Labs into TokenFi’s TOKEN for the advancement of AI-driven offerings triggered a 50% appreciation in its market price, culminating in a record peak.
Reflecting on its market performance, TokenFi’s TOKEN has demonstrated impressive growth since its launch last October. Its value surged 642% from the start of January to a peak of $0.2464 on March 26. With its current price at $0.0950, TOKEN has appreciated by 186% this year, positioning itself to capitalize on the anticipated market surge for further growth.
Ankr (ANKR)
Ankr (ANKR) is a Web3 infrastructure provider delivering development tools for blockchain technology. It offers multi-chain staking, node deployment, and API management services.

ANKR rose to the top validator spot on Binance Smart Chain three years ago, which significantly increased its value and visibility. This growth was backed by stronger fundamentals, new partnerships, and integrations with major blockchain networks.

Ankr’s partnerships with Microsoft and Tencent Cloud and its service collaboration with Storj have further solidified its market position.

In the current bull run, ANKR has shown positive growth trends. It is currently priced at $0.0447, marking a 56.4% increase this year, despite a 35% drop from the April 1 high of $0.0688. ANKR remains above its 200-day EMA of $0.0379, and with a low CCI of -116, it appears to be undervalued.

Ankr 1D Chart

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HomeCrypto NewsMarketHere are Five Altcoins Under $1 That Could Shine This Bull Season
Here are Five Altcoins Under $1 That Could Shine This Bull Season
DATE:
MAY 9, 2024
WRITTEN BY:
SAM WISDOM RAPHAEL

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This article presents a curated list of five promising altcoins under $1, including The Graph (GRT), Sei (SEI), and Harmony (ONE), that could beat expectations this bull season.
The cryptocurrency market recently slipped into a bull phase, with the price of Bitcoin (BTC) hitting a new all-time high above $73,000 on March 14. However, the latest market uptrend, which began last October, has cooled, with most crypto assets seeing double-digit losses over the past month.
Nonetheless, most market analysts have presented the current downturn, which has triggered a 12% collapse in Bitcoin’s price in the last month, as an opportunity for investors to augment their bags before the market witnesses another phase of price upswings.
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Amid this prevalent sentiment, the uncertainty revolves around the cryptocurrencies worth betting on. While multiple market watchers have called attention to the most prominent altcoins, this article spotlights some of the lesser known ones trading under the $1 mark but showing potential to shine during the bull season.
The Graph (GRT)
The Graph (GRT) functions as a decentralized protocol within the blockchain scene, indexing and organizing data to enable the creation of open APIs, termed subgraphs. Developers utilize GraphQL to query these subgraphs for indexed data on the network.
In one of its recent bullish developments, The Graph introduced the Sunrise Upgrade Program, featuring a reward pool of 4 million GRT.

- Advertisement -
Santiment data reveals an additional 11,680 holders since January, surpassing 160,000 total holders and reaching 161,880 at last check. Concurrently, whale addresses, holding between 10 million and 100 million GRT, have accumulated over 200 million tokens since late February.

This positive momentum reflects growing investor confidence and substantial demand for the token, with GRT’s performance in the current bull market exhibiting remarkable growth. It soared 504% from the August low of $0.0817 to a two-year peak of $0.4940 in March.

Current statistics show a 44% year-over-year increase in GRT’s price. Despite a current trade value of $0.2654, representing a 46% decrease from the annual high, The Graph’s resilience above the 200-day EMA ($0.2387) and its pursuit of significant resistance levels suggests a potential continuation of its upward trajectory.
TokenFi (TOKEN)
TokenFi (TOKEN) is a pioneering entity within the Floki ecosystem for real-world assets tokenization. The platform boasts an intuitive interface, enabling the generation and tokenization of assets without the need for programming expertise.
As a participant in an expanding sector estimated to attain a $16 trillion valuation by 2030, TokenFi is poised to emerge as a dominant player in the realm of asset tokenization. Ripple, a prominent blockchain payment company based in San Francisco, is also exploring opportunities within this burgeoning market.
TokenFi has witnessed a notable uptick in investor confidence. An infusion of $10 million by DWF Labs into TokenFi’s TOKEN for the advancement of AI-driven offerings triggered a 50% appreciation in its market price, culminating in a record peak.
Reflecting on its market performance, TokenFi’s TOKEN has demonstrated impressive growth since its launch last October. Its value surged 642% from the start of January to a peak of $0.2464 on March 26. With its current price at $0.0950, TOKEN has appreciated by 186% this year, positioning itself to capitalize on the anticipated market surge for further growth.

Ankr (ANKR)
Ankr (ANKR) is a Web3 infrastructure provider delivering development tools for blockchain technology. It offers multi-chain staking, node deployment, and API management services.
ANKR rose to the top validator spot on Binance Smart Chain three years ago, which significantly increased its value and visibility. This growth was backed by stronger fundamentals, new partnerships, and integrations with major blockchain networks.
Ankr’s partnerships with Microsoft and Tencent Cloud and its service collaboration with Storj have further solidified its market position.
In the current bull run, ANKR has shown positive growth trends. It is currently priced at $0.0447, marking a 56.4% increase this year, despite a 35% drop from the April 1 high of $0.0688. ANKR remains above its 200-day EMA of $0.0379, and with a low CCI of -116, it appears to be undervalued.

Sei (SEI)
Sei (SEI) is a layer-1 blockchain crafted for trading platforms. It is known for its rapid transaction speeds due to a distinctive parallel architecture that enables simultaneous processing across various nodes.
Last April, the team garnered a $30 million investment to develop the blockchain. Sei’s infrastructure is adaptable, supporting a plethora of applications, including decentralized exchanges, NFT marketplaces, and gaming platforms, establishing itself as a multifaceted framework.
In February, Sei’s Devnet received a significant update, making it compatible with the Ethereum Virtual Machine (EVM). Interestingly, according to Santiment data, the project has seen a consistent increase in development activities.

On its launch in August, the SEI token secured listings on major exchanges such as Binance, KuCoin, and Bybit, enhancing its market presence. Currently trading for $0.5225 with a market cap surpassing $1.4 billion, SEI has soared by 6,420% since launch and is on track for further gains.
In March, SEI reached a new all-time high alongside Bitcoin, achieving the $0.8 level and aiming for the sought-after $1 milestone. Despite the recent market downturn, it has maintained its value above $0.5, and with an RSI of 39.90, there could be room for more growth.

Harmony (ONE)
Harmony (ONE) is a blockchain platform that streamlines the development and operation of decentralized applications (DApps). It utilizes sharding to scale effectively, ensuring swift transactions with minimal delay.
Harmony has been on an upward trajectory with its recent announcement of a $300 million ecosystem fund. This fund is set to entice developers and bolster the establishment of decentralized autonomous organizations (DAOs) within its network.
The ONE token plays a crucial role in the network, used for staking, transaction fees, and governance. The token has seen a robust performance in the ongoing bull market.
Kicking off the year at $0.0187, ONE surged 112% to a two-year peak of $0.0396 in March. Harmony has a history of significant growth, having soared 8,862% from $0.00424 in January 2021 to an all-time high of $0.38 in October of the same year. It is poised to continue this positive trend in the current market upswing.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

1.75 trillion SHIB mysteriously grabbed on Robinhood with price on verge of breakout Per data provided by Whale Alert tracker, yesterday, 1.75 trillion SHIB tokens were purchased on Robinhood. The purchase was made by anonymous whale -4D935, who withdrew this large amount of SHIB meme coins in two transactions, each carrying 875,000,000,000 SHIB. The total worth of the acquired tokens is evaluated at $39.2 billion. Meanwhile, Ali Martinez, popular crypto trader and analyst, shared on his X handle on Wednesday that he spotted SHIB forming a bull flag on its daily chart. According to Martinez, SHIB is aiming to make a major bullish breakout to the $0.000072323 level; thus, he decided to place a few buy orders around the $0.000018343 price mark. At the time of writing, SHIB is changing hands at $0.00002405, up 7.15% over the past 24 hours, per CoinMarketCap.

Ripple's 800 million XRP escrow lockup failed to reboot price, here's reason
According to recent on-chain data, Ripple Labs shifted 800 million XRP into an escrow wallet in an effort to rebalance the circulating supply of the digital currency. Per Whale Alert, the lockup was done in three tranches: the first one carried 500,000,000 XRP, the second one featured 100 million XRP and the third one 200 million XRP.  In response to the escrow activity, the price of XRP has slightly increased, by 4.61% to $0.5126 in 24 hours. However, this enormous XRP lockup has not yet recovered all the losses from the previous week. As market sentiment declined over the past month, XRP experienced a sharp drop in valuation. Even with the most recent surge, XRP is still down over the previous week by 2.04% and over the previous month by more than 14%. Currently, XRP is trading at $0.524, up less than 1% over the past 24 hours. Peter Schiff names new bearish target for Bitcoin price In a recent X post, Peter Schiff, renowned gold advocate, named the next downside objective for Bitcoin. In his opinion, the objective is going to be the $54,000 level. Schiff also stated that Bitcoin has formed a bearish head and shoulders pattern, with the "neckline" of the pattern just below $57,000. Earlier this week, the expert stated that Bitcoin is currently facing its do-or-die momentum, and if BTC breaks down below the $60,000 level, the asset will be in big trouble. However, recent statements made by Federal Reserve Chairman Jerome Powell briefly made the Bitcoin price rise above the $59,000 level. At the moment, Bitcoin is trading at $61,715, up 5.84% over the past 24 hours.#SHib #CryptoWatchMay2024 #XRPGrowth

As the crypto market exhibits signs of a burgeoning altseason, crypto analyst Alex Wacy has shared a strategic forecast with his 175,000 followers on X. Wacy predicts a selective yet explosive growth phase for altcoins, emphasizing the critical nature of asset selection and market timing.
Crypto Market Outlook And Asset Selection Strategy
Wacy’s recent thread underscores the anticipation of a massive altseason: “Only ~15% of altcoins will bring 10-100x in this hyper growth. Asset selection matters more than ever. One slip-up, and you’re out.” His analysis highlights the potentially selective nature of the upcoming market phase, suggesting significant disparities in performance among altcoins.
Wacy believes the market is currently undervalued and primed for a significant uptick. He suggests that the consolidation of the total altcoin market cap above $700 billion would confirm the bull trend, signaling the onset of altseason. This perspective is rooted in current market behaviors where sentiment remains largely bearish, presenting a contrarian opportunity for growth.He categorizes the current sentiment into three types of capitulation—price, time, and growth—indicating varied investor behaviors that often precede market recoveries. The prevailing fear of further drops, according to Wacy, will likely clear out weak hands, setting the stage for a supercycle driven by Fear of Missing Out (FOMO) and subsequent strong buying activities.
Top 6 Altcoins With The Most Potential
#1 And #2: WIF as well as PEPE are the memecoins highlighted by Wacy as potential early movers in the anticipated altseason. “Look at WIF and PEPE, structurally similar to DOGE during its meteoric rise. These coins have cultivated a community and meme appeal that could very well parallel SHIB’s market cap in the previous cycle,” Wacy asserts. He notes that PEPE appears particularly poised for a breakout, whereas WIF, though currently weaker, has the potential for quick shifts in market sentiment.
#3 Ondo Finance (ONDO)
This Real World Asset (RWA) focused coin is characterized by its robust buy support during price dips. Wacy sees ONDO as an undervalued asset with a significant upside. “ONDO has a resilient buy floor; even slight retractions to around $0.64 could offer lucrative entry points ahead of substantial upward trajectories,” he advises. His first target is the $1.62 price zone.
#4 Arweave (AR)
Known for its decentralized data storage solutions, Arweave is praised by Wacy for its strong market structure and resilience during downturns. Moreover, Arweave is building AO, a decentralized computer network which can be run from anywhere. “Arweave isn’t just storage; it’s a foundational technology in a decentralized future. A consolidation above $49 would likely be the catalyst for an explosive growth phase,” he predicts.
#5 Echelon (PRIME)
Wacy discusses PRIME’s multifaceted ecosystem, which encompasses a trading card game and an AI-powered game, both of which are gaining traction. “Echelon stands at the confluence of gaming and blockchain technology, attracting a broad audience with its innovative gameplay and decentralized features,” he remarks. From a technical analysis perspective, the PRIME price is near a favorable buying zone from $14.97 to $17.5. “Hoping that altcoins are already entering the altseason, would like to see a V-shaped reversal,” Wacy states.
#6 Ethena (ENA)
This synthetic dollar protocol offers an alternative to traditional banking and is poised for growth. “Ethena’s pattern on the weekly charts typically precedes major price movements. With the next major unlock event slated for April 2025, the buildup could be substantial,” Wacy explains. He likens ENA’s current price trajectory with the one of SEI.
Strategic Profit-Taking
Wacy also provides strategic advice on profit-taking, anticipating that the altcoin market index, TOTAL3, could ascend to between $2 trillion and $2.3 trillion during the altseason. He suggests considering partial profit-taking once the market reaches approximately $1.6 trillion. His rationale is based on historical patterns where many investors fall prey to greed, resulting in substantial losses.

The analyst further advises preparing a profit-taking strategy in advance, advocating for the reservation of 10-15% of positions for potential further growth beyond initial targets. He warns that the last surge in a growth phase often triggers excessive greed, suggesting that recognizing such signals could be crucial for timely exits before the onset of bear market conditions.
#altcoins