Here are the top 5 altcoins to consider on Binance for potentially significant returns in May 2024 as the crypto bull run approaches:
1. SAGA: Saga aims to facilitate the expansion of gaming and entertainment chains within the Saga Multiverse. Its recent partnership with XION could drive substantial volume to the project. Despite a slight dip in price to $2.29, the formation of a falling wedge pattern on the 4-hour chart suggests a potential breakout, with a target price of $2.93, offering a 28% profit in the short term.
2. TENSOR: As the largest NFT marketplace on Solana, Tensor commands a significant portion of Solana's NFT volume. Analysis suggests that TNSR's price could surge by 60% in May 2024. Currently priced at a sturdy support level of $0.76, there's potential for a bounce to $1.29.
3. WORMHOLE: Despite experiencing a 7.26% decrease in the last 24 hours, Wormhole is positioned at $0.53, with its all-time high at $1.61 in April 2024. This undervalued crypto has the potential to yield a return of at least 20% in the near future.
4. ARKHAM: Regarded as a promising AI cryptocurrency, Arkham could see a significant increase from its current price of $2.31 to $2.86 with a 24% gain in the short term, given a slight increase in volume.
5. OMNI: Currently valued at $14.91, Omni token is respecting the current trendline support on the 4-hour timeframe. With a boost in volume, Omni's price could easily reach $20.
Remember, this information is not financial advice. It's essential to conduct your own research before investing in any cryptocurrency. #TNSR #W #SAGA #OMNI #ARKM #altcoins #Binance @Binance