Cryptocurrency

Zero

<p>The post <a href="https://coinpedia.org/news/altcoin-season-is-intact-heres-a-list-of-top-three-coins-to-stack-for-10x-gains/">Altcoin Season Is Intact, Here’s a List of Top Three Coins to Stack for 10X Gains</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Cryptocurrency analyst Zero IKA took his X handle and addressed concerns about altcoins being “dead” and the focus on meme coins by comparing current trends to past market cycles. During the 2020-21 run, the main narratives were DeFi, governance tokens, and oracles, while most altcoins struggled. Many doubted the potential for an altseason, but the ETH/BTC pair showed that altcoin strength often increases near the end of the market cycle.</p> 
<p>To illustrate, Zero IKA pointed out that in 2017 and 2021, coins like Komodo and TRX only surged at the end of the cycle when ETH/BTC made a parabolic move. This pattern is common for many coins, which typically rally late in the cycle unless driven by a strong narrative.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">This is something for the "altcoins are dead" + "It's all about memes" bros.<br><br>During the 2020/21 run, until TOTAL 3 didn't break the complacency shoulder resistance (<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;">) the trending narratives were DeFi, governance tokens, oracles and few others while 90% of the altcoins were… <a href="https://t.co/B2eY1HMYkd">pic.twitter.com/B2eY1HMYkd</a></p>— ZERO IKA 
   <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f5e1.png" alt="🗡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@IamZeroIka) <a href="https://twitter.com/IamZeroIka/status/1801664424807137618?ref_src=twsrc%5Etfw">June 14, 2024</a>
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<p>He also noted that institutional investors were active in previous cycles, so their presence now doesn’t fundamentally change the market dynamics. The analyst concluded that current market conditions are as expected.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-which-altcoins-should-you-focus-on"><strong>Which altcoins should you focus on?</strong></h2> 
<p><a href="https://www.youtube.com/watch?v=LbZyG_gfEdc" target="_blank" rel="noreferrer noopener nofollow">Host of the channel 99Bitcoins</a> took to his latest video and stated that he is focusing on three major altcoins with a bullish outlook.</p> 
<p>The first coin highlighted is Not Coin, valued at $0.02, with the analyst holding a substantial position. Over the past month, Not Coin has consolidated and is beginning to rally again, showing incredible performance from $0.005 to $0.02. The analyst believes it could reach a $10 billion market cap, potentially achieving a 5x increase by the end of the year, making it a solid choice during the Bitcoin season.</p> 
<p>The second coin is Chuan Pu, dubbed the Chinese Donald Trump. This coin has great branding and marketing potential, with a newly launched website and plans for future developments. Despite some recent corrections, Chuan Pu has shown massive growth, achieving a 15x increase before stabilizing. It has a low market cap of $6 million and a decent liquidity score, making it a potential candidate for a 3-5x increase.</p> 
<p>The third coin is Turbo, an AI meme coin. The analyst has invested $2.5k in Turbo, which has yet to show strong performance but is expected to thrive in an upcoming meme mania phase. With a market cap of $317 million, Turbo is seen as a long-term hold with major potential for future gains.</p> 
<p>Also Read : <a href="https://coinpedia.org/price-analysis/bitcoin-may-not-rise-above-67000-heres-where-the-btc-price-is-heading-to-this-month/" target="_blank" rel="noreferrer noopener">Bitcoin May Not Rise Above $67,000, Here’s Where the BTC Price is Heading to This Month</a></p>

Altcoin Season Is Intact, Here’s a List of Top Three Coins to Stack for 10X Gains

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