(10 June 2024, 11:30 PM IST):
The cryptocurrency market has been trending with a surge in altcoins and memecoins while struggling in Bitcoin and Ethereum, especially following the bullish rally driven by the approval of the Ethereum Spot ETF last month. Bitcoin (BTC) and Ethereum (ETH) surged to impressive highs of $71,000 and $4,000, respectively. Although Bitcoin is currently struggling to maintain the $71,000 level, a breakthrough could extend the rally through the month. Amid this, some altcoins are continuing to show remarkable potential. Let’s take a look at the top 3 altcoins to watch for potential gains this week.
1. Notcoin (NOT)
Notcoin (NOT), the new gaming token within the TON ecosystem, has been making waves in the crypto market. Following a successful airdrop, Notcoin has been trending over the last 30 days, demonstrating impressive gains. Currently, Notcoin is retesting the $0.01924 level after an upside breakout from a falling wedge pattern. If it manages to break out successfully from this level, it could potentially reach the $0.029 mark.
- Current Price: $0.021924
- Market Cap: $2.00 billion
- Last 30-Day Return: +35.55%
Check out our last week analysis, where we gave Notcoin (NOT) only a $0.012 price, and then its price soars to $0.029, almost double in a week.
2. Mantra (OM)
Mantra (OM), a DAO token, has been on an explosive upward trajectory, hitting a new all-time high of $1.09 recently. Over the past 12 months, OM has experienced a staggering 1,804% increase. With its current bullish sentiment, OM has the potential to continue printing bullish candles and further increase its value in the coming days.
- Current Price: $0.07
- Market Cap: $862 million
- Last 7-Day Return: +25.57%
3. Jupiter (JUP)
Jupiter (JUP), a popular decentralized exchange (DEX) on the Solana blockchain, is currently trading around a major support level of $0.95. A successful pullback from this level could trigger a significant rally for Jupiter in the upcoming days, making it a cryptocurrency to watch closely.
- Current Price: $0.9963
- Market Cap: $1.35 billion
- Last 7-Day Return: -7.97%
Conclusion
These three cryptocurrencies—Notcoin (NOT), Mantra (OM), and Jupiter (JUP)—are currently showing promising potential for gains this week. Keep an eye on these cryptocurrencies as they have shown strong potential for gains.
As always, ensure to do thorough research and consider market conditions before making any investment decisions.
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