In the growing diversification trend, investors have been moving out of Bitcoin in search of other coins that are cheap and can fetch them high returns
Investors are increasingly diversifying their portfolios away from Bitcoin in search of cheaper coins that offer the potential for higher returns. Several altcoins have emerged as promising candidates based on their unique characteristics and possibilities.
Among the altcoins that have recently attracted attention, Super Trump (STRUMP), Dog (RUNES), and Angry Pepe Fork (APORK) are showing promising signs.
According to Coincodex, Super Trump could experience a significant price increase, reaching $0.037875 in the near future. The platform's analysis suggests that STRUMP could rally to reach this price target.
Meanwhile, market experts are optimistic about Dog memecoin, predicting a 200% price pump for APORK in 2024.
Bitcoin (BTC) Price Soars Past $60k
The flagship cryptocurrency, Bitcoin (BTC), continues to show positive momentum on the weekly chart.
According to CoinMarketCap, BTC has appreciated by 8% to cross the $60,000 threshold. Several analysts have provided positive price targets for the coin in the near future.
As highlighted by Rektcapital, the Bitcoin price downtrend is over, indicating a potential price increase.
According to SatoshiFlipper, the coin's price may rise to $72,000 soon. Another analyst, Inmortalcrypto, forecasts a possible price increase of up to $100k in the next few months.
Super Trump (STRUMP) Rallies After Recent Attack On Donald Trump
Following the recent assassination attempt on Donald Trump during his presidential campaign in the US, the value of SuperTrump (STRUMP) has increased significantly.
On the weekly price chart, STRUMP shows a 34.2% gain. This price increase comes after Super Trump dropped to $0.00805 at the beginning of July.
Currently, the sentiment among investors has remained rather negative. Still, analysts are bullish about its potential in the next trading sessions.
Coincodex predicts the price of Super Trump could soar by 230% to $0.037875 in the coming weeks.
Dog (RUNES) Prediction Bullish Despite Losses
While other cryptocurrencies are showing positive motion, the Bitcoin memecoin, Dog (RUNES), is trading in the red region. Price information from CoinMarketCap shows the price of Dog has dipped on the weekly and monthly timeframes.
Yet, analysts remain optimistic. Nivsena believes Dog memecoin has bottomed out. They say the price of the cryptocurrency could skyrocket in the coming weeks.
Market experts predict the price of Dog RUNES might rise by 229% to $0.015544 soon.
Angry Pepe Fork: The Top Crypto for Maximum Profits in 2024
Among the meme coins in the market, Angry Pepe Fork (APORK) is making headlines, even in the presale stage.
Data from the presale shows Angry Pepe Fork has raised over $210k in funding. Market experts expect this figure to rise to $1 million in the coming weeks.
The project has also released a token called APORK, which is a huge part of the ecosystem. It is used as rewards for active members of the community. Also, it can be used for staking even while still in the presale.
This method is a two-edged sword because it allows members of the community to get returns for staking their coins.
Consequently, the staking initiative will assist in raising the market value of the project, the Angry Pepe Fork project, which in the process may rank higher than other meme coins.
At the moment, during the first phase of its presale, the price of Angry Pepe Fork is predicted to skyrocket by 50x from the current $0.014.
Like Angry Pepe Fork, dogwifhat is a Solana-based memecoin that rose to the top this year after crossing a market cap of $1 billion in less than a month.
Analysts on YouTube including Jacob Crypto Bury think that Angry Pepe Fork may be able to emulate Dogwifhat’s success.
Therefore if you have been excluding other meme coins, you should watch out for Angry Pepe Fork.
Conclusion
Analysts forecast the prices of SuperTrump, Dog (runes), and Angry Pepe Fork could pump in the coming weeks. They believe that these cryptocurrencies can still gain popularity in the market and can attract a lot of traffic which could lead to further increases of their prices.
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