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COINTURK NEWS > Altcoin News > Insights on Altcoins Predicted to Yield High Returns
Altcoin News

Insights on Altcoins Predicted to Yield High Returns

In Brief

  • Researcher Wacy claims the altcoin season has begun.

  • Only about 15% of altcoins may yield returns between 10x to 100x.

  • Wacy highlights six altcoins with high potential for significant gains.

COINTURK NEWS
COINTURK NEWS 1 year ago
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Famous cryptocurrency researcher Wacy has made a bold statement that the altcoin season has started. The researcher also predicts that only about 15% of altcoins could yield returns ranging from 10x to 100x this season. Wacy shared six altcoins within this 15% bracket that have high potential for significant gains. According to the cryptocurrency researcher, WIF, PEPE, ONDO, AR, PRIME, and ENA top this list.

Contents
Only About 15% of Altcoins Expected to Achieve 10x-100x ReturnsTop Altcoins for 10x to 100x Growth

Only About 15% of Altcoins Expected to Achieve 10x-100x Returns

Wacy made a notable statement that an altcoin season has started, amidst a market cap of $277.174 billion, signaling potential rises for certain altcoins. According to the cryptocurrency researcher, only about 15% of altcoins could achieve returns ranging from 10x to 100x during this expected altcoin season.

Among the key indicators mentioned by the cryptocurrency researcher is the consolidation stage above $700 billion in TOTAL3, excluding BTC and ETH, which confirms the uptrend. For those unaware, this metric serves as a barometer to gauge whether the overall altcoin market is ready to step out of Bitcoin’s shadow.

Top Altcoins for 10x to 100x Growth

Wacy listed six altcoin projects that he believes are ready for notable growth during the forecasted altcoin season, drawing attention to WIF, PEPE, ONDO, AR, PRIME, and ENA.

The cryptocurrency researcher pointed out WIF and PEPE as emerging memecoins similar in structure to what fueled DOGE’s growth in the previous cycle. He expects these memecoins to reach a market value similar to SHIB. According to Wacy, WIF and PEPE could significantly, potentially achieve 100x during the expected bull run.

The third altcoin on Wacy’s list is ONDO. Known as the governance token for Ondo DAO and Flux Finance, this token, according to the cryptocurrency researcher, faces strong demand proven by consistent investor purchases. Additionally, the researcher commented that the synthetic dollar protocol ENA is ready for a strong rise based on its weekly price chart, offering a crypto-native alternative to traditional banking.

The cryptocurrency researcher also highlighted the decentralized storage network AR, expecting it to enter a super growth cycle and move towards significantly higher levels if it continues to consolidate above the $49 level.

The last altcoin on Wacy’s list is PRIME. The cryptocurrency researcher noted that this altcoin is a gaming universe project that is steadily growing and attracting a significant user base, presenting an attractive opportunity for investors seeking to benefit from potential strong growth.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 6 May, 2024 - 1:10 pm 6 May, 2024 - 1:10 pm
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