Quant Analyst Says the Altseason Could Start Early: Five Top Altcoins To Buy for Massive Returns

Over the last few months, there have been talks of an altcoin season, otherwise known as altseason. However, bears have calmed many of those talks in the last two weeks, as the market has been on a decline.

Despite the bearish outlook of the market, Quant CEO Ki Young Ju has spotted an indicator that suggests the altseason could start earlier than many expected. The altseason suggests the market will see a rapid increase, but the altcoins to watch are APORK, Cardano, Toncoin, Curve DAO, and Solana.

Ethereum Indicator Signals the Altcoin Season Will Start Early

Ahead of the highly anticipated approval of spot Ethereum ETF trading, the Quant CEO has updated his outlook on the altseason. According to Ki Young, Ethereum’s Market Value to Realized Value (MVRV) indicator is now flashing a bullish signal.

This indicator is used to assess whether an asset is undervalued or overvalued. Given ETH’s current position on this indicator, the Quant CEO says, “We’re entering early altcoin season,” as Ethereum’s MVRV is rising faster than that of Bitcoin.

Best Altcoins To Buy for the 2024 Altseason

Although Ethereum is often used as the barometer for the altseason, below are five of the best altcoins to invest in for much greater profit than ETH.

1. Angry Pepe Fork

Angry Pepe Fork (APORK) is one of the new altcoins that has been receiving a lot of attention from investors. This surging interest in Angry Pepe Fork arises from its decision to solve many of the problems commonly associated with meme coins. For example, Angry Pepe Fork is a MemeFi project designed to offer real world utility and a chance for all its community members to collectively earn.

Angry Pepe Fork stands out from other meme coins with a brand new “Conquer To Earn” mechanism. This new model introduced by Angry Pepe Fork aims to eliminate zombie meme coins within the meme coin space. It gives APORK members a chance to win free tokens by defeating zombie projects that lack utility. But that’s not all the real-world use Angry Pepe Fork offers.

Also, the members of the Angry Pepe Fork army can also earn collectively through staking and the APY rises as more zombie meme coins are defeated. Also, members have the freedom of choosing the lock-in period of 30, 60 or 90 days based on the member’s risk appetite. Lastly, it outshines even the top Solana memecoins with improved tokenomics means that there will only be 1.9 billion APORK tokens.

Because of these factors, there has been a rush into the APROK presale, with over $160k raised in just a few days with the $1 million milestone in sight by July. While it is currently priced at $0.014, experts see APORK trading as high as $1 this year, clearly making it one of the best altcoins to invest in for the altseason.

2. Cardano

Among the top 10 altcoins this year, Cardano (ADA) has been the biggest loser, dropping by 38% YTD. However, industry experts are optimistic that that will be changing soon, especially with the launching of the Chang Upgrade around the corner. This is the biggest upgrade in Cardano’s history and is expected to have a major impact on the price of ADA.

Further strengthening the bullish cause for Cardano, the project has been on the end of some top partnerships with on-chain metrics also supporting a price increase. The popular crypto pundit Sebastian has predicted that from its current range at $0.3800, Cardano will trade as high as $3 before the year ends.

3. Toncoin

The best performer among the top 10 altcoins, Toncoin (TON), clearly still has room for growth in the coming altseason. The recent surge in the number of projects on TON and Telegram are key factors that will play a role in helping the altcoin price rise even higher this year.

In just three weeks, the total value locked on the Toncoin network doubled to reach an all-time high of $605 million. In addition, CryptoQuant reported that Toncoin’s volumes have been rising, reaching 10% of that of Bitcoin. While the Toncoin price has leveled up around $7, market analysts are predicting a 5x rally to take TON as high as $35 this altseason.

4. Curve DAO

Curve DAO (DAO) is one of the top altcoins on the Ethereum network that has flown under the radar in this year’s bull cycle. Ahead of Ethereum’s potential breakthrough, marker analyst Credible Crypto has picked Curve DAO as one of the altcoins to watch for the second half of this year.

According to a reputable market analyst, the price of Curve DAO is on the cusp of a massive rally. Credible Crypto says that the price of CRV could skyrocket above $6, representing a potential gain of over 17x from the current level, making Curve DAO one of the best altcoins to buy now.

5. Solana

Solana (SOL) certainly displayed its explosive potential in 2023 and the first few weeks of 2024. However, since peaking above $200 in April, Solana has been on a decline, with the altcoin price finding support at the $130 range.

Things are about to change as the EMA200 on the 1D Solana price chart suggests that SOL has bottomed out. Following this, market experts expect a massive recovery. Immortal, a popular crypto analyst, has predicted that the price of Solana could increase to above $500, representing an opportunity for investors to make some profit.

Conclusion

With the altseason expected to bring a massive bullish wave to the market, the best altcoins to buy are Angry Pepe Fork, Cardano, Toncoin, Curve DAO, and Solana. While TON, ADA, and SOL will see major gains, APORK has the chance to earn investors the biggest returns this altseason.

Savvy investors are already jumping on the Angry Pepe Fork wagon, given its potential to change an entire market while creating multiple opportunities for members of its community to earn passive incomes.

Visit Angry Pepe Fork Presale