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Looking closely at October, the market appears to be gaining momentum, raising hopes for a significant rebound in the coming weeks. Currently, the cryptocurrency market is showing promising signs of a bullish trend, with Bitcoin recently showing an impressive rise to around $65,000.
With the value of the entire cryptocurrency sector rising again to $2.28 trillion, investors are eyeing potential growth opportunities. In this article, we take a look at five altcoins that could see gains over the next 30-90 days and benefit from the anticipated altcoin season.
AAVE
The current market environment has sparked optimism among cryptocurrency investors, especially regarding Aave, a leading decentralized finance (DeFi) protocol. Recently, $AAVE has shown strong upward momentum, rising from around $135 to $177 before experiencing a slight correction.
This resilience suggests the potential for a strong recovery, especially as the market transitions into a bullish phase as Bitcoin approaches all-time highs. Aave’s market capitalization is currently around $2.33 billion, well below its previous high of $7 billion.
Analysts predict that $AAVE could realistically achieve a market capitalization of between $3 billion and $4 billion, reflecting the potential for 2- to 3-fold growth in the coming months.
By leveraging the unique advantages of the Aave protocol, investors can increase their investment returns even further, with some speculating that an 8x to 10x increase is possible.
First Neiro On Ethereum (NEIRO)
We focus on $NEIRO, the first dog-themed meme coin on the Ethereum blockchain, highlighting its significant market activity and community-driven approach.
Currently valued at a market capitalization of approximately $844 million, $NEIRO is experiencing an incredible surge, with a powerful price swing from $0.0014 to $0.0022 in just one week.
The project aims to leverage the legacy of Dogecoin while establishing its identity on Ethereum, indicating potential for future growth. Analysts speculate that $NEIRO could reach a market capitalization of more than $1 billion with consistent price patterns suggesting a bullish trend.
The combination of strong community support and strategic market access has established First Neiro On Ethereum as a contender in the meme coin space, often compared to its predecessor, Dogecoin.
Baby Unchained (PEPU)
Considered to be one of the best cryptocurrency presales of 2024, Pepe Unchained has been creating quite a buzz in the cryptocurrency space, having recently secured an impressive $19.7 million. This ERC-20 meme coin operates independently from the original Pepe Coin team, but is positioned as a layer 2 (L2) extension of the beloved Pepe brand.
Pepe Unchained aims to create a robust and user-friendly ecosystem with a focus on speed, security, and scalability. Pepe Unchained not only highlights the appeal of memes, but also comes with features designed for usability, such as a dedicated block explorer and decentralized exchange (DEX) functionality.
As blockchain development progresses, the Pepe Unchained team has introduced a developer grant initiative called ‘Frens With Benefits’. $PEPU aims to provide incentives to individuals creating projects on the L2 blockchain by opening grant applications in the fourth quarter of 2024 for interested developers.
Another huge milestone achieved!
Are you ready, Builder? Something exciting is coming!😉 pic.twitter.com/yD516Iys3G
— Pepe Unchained (@pepe_unchained) October 14, 2024
The current price is $0.00999, and investors can purchase $PEPU using $ETH, $USDT, $BNB or bank cards. The total supply of Pepe Unchained is 8 billion units, and the pre-sale includes 40% of this amount, generating significant interest among investors.
With strong community support and an attractive annual staking return potential of 112%, Pepe Unchained will emerge as a significant contender in the meme coin market.
As the DEX prepares to be listed, many are wondering how the project will proceed and whether it will be able to capitalize on the current bullish sentiment in the cryptocurrency market. To participate in the $PEPU token presale, visit pepeunchained.com.
Brett (based) (BRETT)
Brett(Based) is a meme coin based on Basechain that has been making waves in the cryptocurrency industry and has been showing impressive growth recently. $BRETT has shown a strong 20-30% increase over the past week, with its market capitalization increasing from $800 million to $1.06 billion.
The excitement surrounding this coin is palpable. Especially as price discovery approaches, we could see its value soar toward $2 billion.
In particular, Brett(Based) enjoys an active community presence, characterized by an active Twitter following and an organic marketing push that relies on word of mouth rather than traditional advertising methods. This coin stands out not only for its cultural relevance, but also for its substantial ecosystem and strategic partnerships.
As it continues to gain traction, Brett (Based) is positioned to become a notable player, riding the market’s bullish momentum, potentially leading to some happy price moves in the near future.
To learn more about these cryptocurrencies, check out the video above and subscribe to his YouTube channel. You can also become a member of Jacob Crypto Bury’s Discord channel to get trading strategies and insights on the upcoming cryptocurrency presale.
Mantra (OM)
In the current cryptocurrency market, MANTRA has emerged as a notable player, maintaining a consistent upward trend throughout the year. The market capitalization has steadily risen and shown resilience, approaching $1.5 billion to $2.5 billion, indicating the potential for further growth.
The excitement surrounding the upcoming mainnet launch is fueling speculation about the price trajectory. The narrative surrounding MANTRA suggests that the token could experience significant momentum as excitement builds.
$OM is currently trading at $1.57, reflecting a 12% price increase over the past week. Market accessibility through multiple exchanges increases visibility, making it a viable option for investors.
The current climate, indicated by an overall positive trend and neutral Fear and Greed indices, is setting the stage for $OM to potentially hit new all-time highs. As markets continue to stabilize, investors are keenly watching developments, hoping to capitalize on expected growth.
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