5 Altcoins you should pay attention to in July 2024
1. Toncoin (TON)
Toncoin, Telegram's native token, has been an outperformer this quarter. With its price currently at $7.6, it is about to surpass its previous all-time high of $8.2. The existing uptrend has shown resistance, establishing a solid support floor, and TON could potentially break above $8.5 if this trend continues.
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2. Notcoin (NO)
Another Telegram-pegged token, Notcoin (NOT), has shown significant growth with a 317% rally post-launch. It is currently trading at $0.015 and has broken out of a recent downtrend. If the uptrend continues, NOT could target $0.020. However, failure to hold the support at $0.013 could invalidate the bullish outlook.
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3. Solana (SUN)
Solana has sparked substantial institutional interest, with $3.3 million in inflows as of June 21, 2024. Trading at $141.9, it could potentially break the $156 resistance and target $169. The demand for altcoin highlights its competitive advantage over rivals such as Litecoin and Chainlink.
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4. Kaspa (KAS)
Kaspa is approaching a new all-time high and is currently trading at $0.177. To break through its high of $0.193, it must first break above $0.184. If Kaspa maintains its uptrend, it could set a new high. Kaspa has historically struggled to close above resistance, which may lead to consolidation above $0.162 if it happens again.
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5. Brett (BRETT)
Known as a meme coin, Brett has seen significant gains, especially on the Coinbase BASE chain. With its price rising over 132% in early June, Brett is aiming to surpass its all-time high of $0.195. High demand could support this rise, although meme coins are notoriously volatile.
