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The founder of Real Vision and an investment guru has dropped a sensational crypto market analysis. In an interview in May with Squiggle, Raoul Pal mentioned Solana as one of the top altcoins he is most bullish on. Riding the wave of the Solana vast ecosystem, Pal believes that the 2024/2025 bull circle could usher in a new era for most altcoins, particularly for Solana. As a result, analysts picked out some of the best altcoins that can have a big future like Solana. They are Angry Pepe Fork, Solana, Polygon, Toncoin and BNB. Let's find out.
Angry Pepe Fork made the altcoin list of tokens expected for high returns in the bull circle. The project is newly launched on Solana and aims to rise to the top of the perks by fighting with zombie meme coins. Some rebels and renegades are tired of these meme coins and Angry Pepe Fork has come to the rescue, crushing them to reach stardom.
Using the conquer-to-earn tactics, Angry Pepe Fork employs the service of its armies who battle fiercely with these zombies. In turn, every individual who displays exceptional fighting skills is rewarded with free APORK native tokens and a top position in the community. The more zombies are crushed, the higher the chances of earning more APY rewards.
Right from the presale, users can start to explore the staking option with different benefits and rewards for ordinary, seasoned, and veteran investors. Furthermore, Angry Pepe Fork is in talks with potential partners to add more utilities making it the best altcoins to invest in. To become part of this groundbreaking innovation, investors can buy APORK at the rate of $0.014.
To create scarcity and constant value appreciation for APORK, Angry Pepe Fork has limited the total APORK supply to 1.9 billion making it more attractive to meme coin lovers and all-round traders. With APORK all about the community, experts believe this token can go far in the next bull market, potentially giving an ROI of 350% by its launch date.
In a groundbreaking interview with Squiggle, Raoul Pal made a reference to Solana as one of the best altcoins to buy for profit ahead of the next bull dispensation. Solana has risen to the top echelon of the crypto market, currently ranked the 5th best crypto in terms of market cap. Solana traded at a very low price of $0.5 on May 11, 2020, before surging to an exhilarating $260 18 months later.
Solana has evolved into a widely used network among projects, developers, and users. Its Foray into NFT, meme coin, and metaverse market has further positioned it as an altcoin to watch in 2024/2025. While the Solana price and the Solana trading volume may have dipped in the past week, analysts believe there is no cause for alarm as this is a general market condition. With continuous ecosystem development, Solana can light up the next bull cycle and reach $200.
Polygon holds itself as one of the topmost Ethereum scaling solutions, providing basic tasks such as lowering gas fees and ensuring fast-paced transactions. The Polygon network uses a modular and flexible framework allowing developers to build different types of decentralized applications.
Polygon AggLayer solution is seen as more valuable to solving fragmentation issues than the shared/sequencing solution, exposing the platform to more developers’ interest. In its quest to reach $1, Polygon's price has found bullish traction hard to come by. Currently, the Polygon bulls are losing the battle to the bears with the token dropping 16% of its price value in one month.
While Polygon's market cap sits at nearly $6 billion, the token has been unable to cross the $0.6 resistance trendline in the past week. Justifying these performances with the technical analysis, Polygon is currently undergoing a correctional phase. However, the continuous building of the ecosystem provides renewed hope for Polygon in the next bull run.
In recent times, the Toncoin ecosystem has evolved owing to the new adoption strategy of onboarding new users to the Web 3 world. Through its deep relationship with Telegram, Toncoin is becoming more popular with the price going close to $10. With the success of Notcoin opening the door for more projects to come in, Toncoin's market cap has risen to about $19 billion within a few weeks.
The events of the past weeks have also seen Toncoin outclass Ethereum in the number of active addresses. As of April 06, 2024, Toncoin's daily active addresses have surged up to more than 500k, dwarfing that of Ethereum which remained below 400k. Furthermore, Toncoin's newfound momentum is also found in the trading volume with the TV making the top 20 among cryptocurrencies.
Over the past year, Toncoin has outgrown Ethereum and Bitcoin in terms of price performance with the token earning almost 450% on the year-to-date chart. In terms of the market outlook, Toncoin is slightly bullish with a Fear and Greed Index value of 71. With the token also trading above the 200-day simple moving average, Toncoin price may hit $50 in 2025
BNB is the native token of the largest crypto exchange, Binance. Binance holds the largest user base with more than 200 million users actively engaging with the platform. In the last few weeks, BNB's price has moved above the $700 threshold before retracing. With a market cap that nears $90 billion, BNB is currently ranked the 4th best cryptocurrency.
While the market has slowed down, the BNB token has moved up by 3% in the past month, showing the token resilience. In the past 30 days, BNB has shown 16 green days reflecting the bullish sentiments of the token. Leveraging the growing popularity of Binance, BNB coin has what it takes to reach $1000 soon.
Even though the crypto market is currently in a correctional phase, there are instances reflecting that the market may soon pick up. The aforementioned altcoins have strong ecosystems with a community-driven approach and hence are always reliable altcoins that can give massive profits. However, Angry Pepe Fork provides attractiveness to low-cap earners and could be an opportunity to reap massive gains in the crypto bull market.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
