6 best Altcoins with Huge Potential for the next bull run

6 Best Altcoins with Considerable Potential for the Next Bull Run

The Federal Reserve is expected to make a decision regarding interest rates on May 01, 2024. The crypto community anticipates selling pressure, potentially affecting the entire market. Analysts predict a 95.6% probability that the Federal Reserve will maintain current rates.

Despite this, there are several underrated altcoins with significant potential for growth:

MAGA VP

Launched recently, this meme coin has gained traction. Despite a slight decline in the past 24 hours, MAGA VP has experienced a 1.57% surge in the past hour. Currently valued at $0.1258, it has the potential to reach $0.5 by year-end. By 2030, MAGA VP is projected to reach $0.357372 (low end) to $0.579447 (high end), potentially yielding a 348.27% gain.

SAND

The Sandbox's partnership with CoinDCX has boosted engagement in the metaverse. SAND is currently trading around $0.4377, after peaking at $0.7823 in March. It has the potential to rebound after the current correction phase.

OSMO

Osmosis has experienced a 4.85% decline in the past 24 hours, but remains on the radar due to a 32.22% increase in 24-hour volume. The community-backed project aims to push OSMO from its current value of $0.8956 to $0.9486, paving the way for a potential jump to $1 by year-end.

GALA

GALA is currently valued at $0.04387, up 12.59% over the past year. Despite a 7.74% decline in the past 24 hours, GALA is considered an underrated altcoin due to speculation surrounding the launch of GalaSwap, which triggered a 20% surge in February.

ENA

Ethena is approaching the $1 milestone. Currently trading at $0.7913 with a 15.06% increase in the past 30 days, ENA is poised to test $0.9 by mid-year and potentially reach $1.

WDOGE

Wrapped Dogecoin is currently trading at $0.1417. Despite a slight pullback, it has the potential for a bull run as its upward momentum has been gaining traction in recent hours.

Conclusion

These seven altcoins have significant potential for growth. However, it is essential to conduct thorough research before investing. Consider registering and trading on Bitmex after completing your due diligence.