The pseudonymous analyst, TechDev, known for making macro crypto calls, predicts the altcoin market has entered a "textbook markup." His prediction suggests the altcoin market could increase by more than 5x this bull run.
However, there are top altcoins that could transform a $500 investment into $50,000 before the end of this bull run: Pepe, Rollblock, and Fetch.ai.
Pepe (PEPE) Sets New All-Time High; Analysts Remain Bullish
In the 2024 bull market, Pepe (PEPE) has been a top performer. YTD, its price has increased by more than 10.5x, setting multiple ATHs.
Despite reaching $0.00001725, analysts remain bullish about Pepe. Jason Pizzino believes its market structure indicates a great opportunity for investors willing to support the meme coin, which has shown potential for an explosive rally.
Rollblock (RBLK) To Shoot Towards $5 As Support Grows
Rollblock (RBLK) has the highest chance of turning a $500 investment into $50k this bull cycle. This DeFi project has drawn attention from major cryptos due to its roots in the booming online gambling world, which is forecasted to reach $744 billion by 2028.
With its licensed crypto casino platform, Rollblock aims to capitalize on this growth. It prioritizes easy registration and customer data protection using blockchain technology.
Transparency is another key aspect of this project, using blockchain to ensure fairness in casino and gambling processes. Cryptocurrency and a simple onboarding process are expected to attract new and existing gamblers.
Rollblock's strategic positioning in a multi-billion-dollar market and revenue share model make analysts bullish about its potential to reach $5. It will share up to 30% of its weekly revenue with holders and use it to buy back RBLK tokens, creating significant buying pressure.
Half of the tokens are burned, reducing the total supply, while the other half will provide staking rewards. In the second round of its presale, RBLK trades at $0.012 but is set to increase to $0.014 in the coming days. Forecasts of a rally to $5 make it a top altcoin for potential gains of over 100x.
Fetch.ai (AI) Poised for Parabolic Rise As the AI-Crypto Market Grows
Fetch.ai (AI) is another altcoin poised for a massive price surge. Its goal is to create a decentralized artificial intelligence future where anyone can participate in a revolutionary marketplace.
Fetch.ai aims to become a blockchain-based platform where users can create and utilize self-governing AI agents. This unique use case makes FET, Fetch.ai's native token, a promising investment.
While FET is currently priced around $2.25, a potential rally to $50 before the end of this bull market would result in significant gains for investors.
Conclusion
Pepe, Rollblock, and Fetch.ai are top altcoins with massive upside potential. While FET and PEPE may not yield 100x ROI due to their large market caps, RBLK, as a smaller-capped altcoin entering a major market, has the potential to do so.