As the cryptocurrency market experienced a slight downturn last week, with Bitcoin prices falling towards $60K, investors are now turning their attention to altcoins that are poised for a potential surge of 50%-100% this week. Despite the drop in Bitcoin’s value, altcoins have managed to hold steady, with some even showing impressive gains.
One such altcoin to watch is ONDO, which has seen a 60% surge in value due to BlackRock’s recent announcement. The collaboration between BlackRock and Securitize has sparked bullish sentiment in the market, leading to a potential rise in ONDO’s price to $1.
Toncoin has also shown a strong rebound, climbing from $3.3 to $5.3, surpassing previous resistance levels and offering hope for another 50% increase this week. Similarly, Polymesh (POLYX) has experienced a 90% surge in price following BlackRock’s entry into the real-world asset sector, with possibilities of breaking above $0.7.
Fantom (FTM) has recorded a nearly 50% surge this week, with potential for further growth if it maintains support around the $1 mark. Stacks (STX) has seen a 34% increase in price, reaching a record peak before a slight decline, driven by the Nakamoto update to the Stacks protocol.
Lastly, Book of Meme (BOME), a meme coin within the Solana network, has seen a massive rise in open interest and a 1300% increase in value in just one month. Despite a recent price drop, there is potential for a rebound in BOME’s price this week, especially if it meets buyers’ demand following positive developments.
With the cryptocurrency market showing signs of volatility, investors are keeping a close eye on these altcoins for potential gains in the coming week.
