The altcoin market has been experiencing losses in the past few weeks due to the ongoing bear market. While many expected a turnaround with the launch of Ethereum ETFs, the reverse was the case. Nevertheless, analysts are looking forward to the next altseason.
They have picked Bonk, Brett, Popcat, Neiro, and Angry Pepe Fork as the altcoins that will shine in the spotlight. Let us see why analysts believe they are the next big thing in the crypto-verse.
Bonk (BONK) was once the largest memecoin on the Solana blockchain before falling to second position due to bearish pressure. Currently, the Bonk price is down on the monthly timeframe but has a yearly gain of 8354.0%. The market cap of the cryptocurrency is consolidating between $1 billion and $1.6 billion.
Going forward, analysts are optimistic about the Bonk coin. They believe its value might skyrocket in the coming weeks. However, Bonk price must cross the immediate resistances on its way before surpassing the major hurdle at the 50-Day SMA ($0.00002036).
In the meantime, Bonk’s 14-day RSI is sitting below the 50 mark, a sign that bears are in charge. Still, Coincodex forecast the value of Bonk coin could increase to $0.00002192 in the coming weeks. Besides, the altcoin’s price could skyrocket if positive momentum returns to the Solana ecosystem.
Brett (BRETT), one of the largest coins on the Base network, shook the market earlier this year after its market cap crossed $1 billion in July. Although the Brett coin almost touched the $2 billion mark, the sell-off in the market halted its upward movement.
Presently, the market cap of Brett coin is consolidating between $600 million and $1 billion. In terms of value movement, the Brett price has declined on the monthly chart but has a gain of 13% on the weekly timeframe. This is a sign of mixed sentiment.
This mixed sentiment comes after BRETT perpetual markets went live at OKX, a move that must have affected the Brett price. Going forward, the altcoin faces resistance at the 50-Day SMA ($0.095059). Clearing this level will increase its chances of reaching the $0.1 mark, which it fell from on August 25th.
Over the past month, the price of Popcat (POPCAT) has increased by 24%, mirroring the current recovery in the market. In terms of price movement, the value of the Popcat coin is consolidating between $0.4 and $0.8 on the monthly timeframe.
Its market valuation is around the $400-$800 million range. Looking ahead, the Popcat coin is only depending on the hype for growth and has no utility at the moment. Analysts are expecting the Popcat price to reach the $1 market for the first time after many attempts in the past few months.
According to data from TradingView, the Popcat price is above the 50-Day SMA ($0.60088) and 200-Day SMA ($0.400329), a sign of bullish pressure. Its 14-day RSI is above the 50 mark, which supports a bullish thesis. Coincodex forecasts the value of the altcoin could reach $0.80284 in the coming weeks and then $2.01 in the long run if the uptrend continues.
The Neiro price movement this year has been astronomical; the coin rose by 1000% from an all-time low of $0.01321 to a peak of $0.2986. One major reason for this price surge was the listing on top exchanges like Binance and OKX. Sadly, the coin has lost its bullish momentum and has dropped to former lows.
In the last thirty days, Neiro token has recorded 14 green days, which is a fairly good score. During this period, its market cap consolidated between $30 million and $250 million.
Looking ahead, Coincodex has a bullish forecast for the Neiro token as long as the 14-day RSI remains above the 50 mark. They forecast Neiro price could rise to $0.21069 in the short run and then $0.531824 in the long run. In the case of a bearish price movement, this prediction will no longer hold and might take longer to occur.
Currently, there is a new meme coin that has been introduced in the market and aims at revolutionizing the memeFi industry. So, the new entrant called Angry Pepe Fork (APORK) is not only memecoin but also utility and allows its community to earn coins through two methods.
The first method is through the conquer-to-earn model, where individuals in the community can earn rewards by taking part in tournaments, community events, engagements, raids, and so on. This is the platform’s own way of rewarding them for their commitment and devotion to the community.
Another way members can earn is through staking. Here, members can stake their coins right from the presale stage in exchange for returns. Those who stake early get higher rewards than those who do not. Meanwhile, Angry Pepe Fork has a native token known as APORK, which has many utilities and future use cases in the ecosystem.
Angry Pepe Fork has a total supply that is fixed at only 1.9 billion. This means that there are higher chances that they will become scarce in the next few months, making them valuable. This potential makes it the right project to invest in now, having the token’s price at just $0.025.
Altcoins like Bonk, Brett, Popcat, Neiro, and Angry Pepe Fork are among analysts’ top choices for the coming altseason. While these five altcoins have shown potential, Angry Pepe Fork clearly is the favorite of analysts to be the next big thing. Its novel concept could transform the memecoin space, making APORK a must-have token for every savvy investor.
Visit the Angry Pepe Fork Presale:
Website: https://angrypepefork.com/
Telegram: https://t.me/AngryPepeFork
Socials: https://x.com/AngryPorkCoin
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
The blockchain industry is experiencing explosive growth, yet major hurdles like scalability bottlenecks and the…
The cryptocurrency industry is very dynamic and there are newer tokens and new projects that…
As the altcoin season looms, smart money is positioning itself for the next big thing:…
Choosing the right cloud mining platform is crucial to ensure reliability and trustworthiness. Legitimate cloud…
Singapore, Singapore, 18th September 2024, Chainwire
The status of XRP within regulatory frameworks has sparked renewed discussions in the crypto community,…