Price: $0.46288 17.7881%
Market Cap: 68B 2.029%
Volume (24h): 20.03B 0.5%
Dominance: 2.029%
Price: $0.46288 17.7881%
Market Cap: 68B 2.029%
Volume (24h): 20.03B 0.5%
Dominance: 2.029% 2.029%
  • Price: $0.46288 17.7881%
  • Market Cap: 68B 2.029%
  • Volume (24h): 20.03B 0.5%
  • Dominance: 2.029% 2.029%
  • Price: $0.46288 17.7881%
Home > Information news > Will A New Solana ATH Set Off An Altcoin Rally? Here Are The Best Coins To Hold Ahead Of The Altcoin Season

Will A New Solana ATH Set Off An Altcoin Rally? Here Are The Best Coins To Hold Ahead Of The Altcoin Season

Release: 2024/10/03 23:01 Reading: 594

Original author:TheCoinrise Media

Original source:https://coinmarketcap.com/community/articles/66feab72f1dbbc067b331745

Will A New Solana ATH Set Off An Altcoin Rally? Here Are The Best Coins To Hold Ahead Of The Altcoin Season

Prospering Altcoins Amidst Season Anticipation

With anticipation for the altcoin season reaching its peak, scrutiny has emerged surrounding Solana (SOL) and the possibility of its all-time high igniting the long-awaited surge in the altcoin market. Concurrently, market attention has gravitated towards IntelMarkets (INTL), Sui (SUI), and Dogecoin (DOGE) as prime candidates to hold prior to the altcoin season.

Solana: A Potential Catalyst for Altcoin Rally

A crypto expert anticipates a potential 40% surge in Solana's value based on technical indicators aligning for a bullish ascent. RichRangatang, a renowned crypto analyst, predicts SOL's positive momentum and forecasts bullish movements in the near future.

Rangatang's analysis, shared via TradingView on October 1, 2024, underscores Solana's readiness to surpass a crucial resistance level, propelling its price towards an ambitious high. The convergence of the RSI and RSI-MA14, coupled with the MACD line crossing over the signal line, supports his bullish forecast.

Should SOL's price action mirror the indicators' suggestions, Solana could potentially reach $220, a 40% increase from its current level. Currently, Solana trades at $156.37, having gained 6.81% over the past week.

IntelMarkets: AI in Futures Trading

IntelMarkets, a perpetual contracts exchange, introduces innovative solutions to enhance users' trading experiences. The platform aims to empower traders by incorporating AI tools and resources, allowing them to maximize returns and refine trading strategies.

IntelMarkets adeptly integrates Ethereum and Solana's strengths to offer users unparalleled flexibility and scalability. Ethereum's incorporation grants IntelMarkets users access to liquidity pools, smart contracts, and DeFi applications. Simultaneously, Solana enables the platform to process transactions swiftly with reduced fees.

Additionally, IntelMarkets users can leverage any asset pair up to 1,000 times, amplifying their potential gains. With favorable borrowing terms, investors can borrow liquidity to initiate trades or safeguard their positions.

As the altcoin season approaches, INTL has emerged as a promising investment for maximizing returns. This sentiment is driven by the anticipated 511% gain projected once the altcoin reaches $0.11 at the conclusion of its ongoing presale. Notably, INTL is currently available in Stage 2 of its public presale at $0.018.

Sui Ascends to Top 20 with Bridge Launch

The Sui Foundation has interconnected the Sui blockchain with the Ethereum chain through a bridge on the asset's mainnet. This development, announced on September 30, 2024, by Sui Network, facilitates seamless asset transfer between Sui and Ethereum.

The bridge addresses challenges in scalability and interoperability, ushering in a paradigm shift in Web3. Following its launch, SUI experienced a 10% surge in market value, reaching $1.74. Consequently, the asset ascended to the 20th position among the most prominent cryptocurrencies by market capitalization, displacing Litecoin.

Dogecoin Whales Return with $1 Billion Inflow

Recent data reveals the return of whale investors to the Dogecoin ecosystem, potentially fueling a price increase. According to IntoTheBlock, DOGE's whale transaction volume spiked by 62.78%, from 4.81 billion DOGE to 7.83 billion DOGE.

In monetary terms, this translates to an increase from $612.38 million to $931.55 million. The surge in Dogecoin's volume coincides with a breakout from a six-month downtrend.

With October historically proving bullish, market participants anticipate further gains for Dogecoin. Currently, DOGE trades at $0.11, representing a 9.30% increase over the last seven days.

Promising Altcoins for the Altcoin Season

Solana, dubbed the "Ethereum-killer," holds the potential to initiate the long-awaited altcoin rally if SOL reaches an all-time high. Additionally, INTL, SUI, and DOGE are anticipated to experience significant price increases as investors accumulate these prime cryptocurrencies.

Experts believe these altcoins are essential investments for maximizing returns in the upcoming altcoin season. Among them, INTL exhibits the greatest potential due to its focus on introducing AI into the crypto sphere. The ongoing INTL presale presents an opportunity to join this innovative platform today.

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