Is it too late to layout for a bull market? Let's take a look at these 3 altcoins that may perform over 10 times in the future!
1.XRP
Ripple recently announced a partnership with Archax, a digital asset exchange regulated by the UK's Financial Conduct Authority (FCA). They are jointly committed to launching a tokenized money market fund on the XRP Ledger (XRPL). This initiative is part of Ripple's broader strategy involving its $3.8 billion liquidity fund (Lux).
This is the first time a tokenized money market fund is being implemented on the XRPL blockchain. Ripple has decided to explore this area, which aligns with the growing interest in tokenized finance. As part of the collaboration, Ripple has invested $5 million to purchase tokens linked to the abrdn Lux fund.
2.IMX
Immutable's current price is $1.70, having risen by 1.24% in the last 24 hours. Over the past week, the token has increased by 26.80%. Sentiment around the token remains bullish, with a fear and greed index of 75, indicating market optimism.
The token's trading price is above its 200-day simple moving average (SMA) of $1.55, currently exceeding it by 9.53%. This indicates that the price trend of the token has remained positive in the long term. Technical indicators show a 14-day RSI of 59.85, which is in a neutral range. This means the cryptocurrency may soon enter a sideways consolidation without strong overbought or oversold signals.
In the past month, Immutable has recorded 16 up days. The 24-hour trading volume to its market capitalization ratio is 0.0731, indicating that traders and investors have ample liquidity.
3.AEVO
AEVO's price is $0.47, having risen by 8.93% in the past 24 hours. Its recent low was $0.4424, up 8.04% during the same period. The market capitalization of the token is estimated at $396.44 million, up 8.65%. Additionally, the 24-hour trading volume reached $130.22 million, significantly rising by 45.44% compared to the previous day.
AEVO's fully diluted valuation (FDV) is about $445.33 million, with a trading volume to market capitalization ratio of 32.63%. This indicates strong trading activity relative to its market capitalization. Sentiment around AEVO remains bullish, with a fear and greed index of 75 (greed). Moreover, the token's trading price is above its 200-day simple moving average, reinforcing the current positive trend.
