With the market leaders showing weak price action for about a week, the crypto space seemed to have entered a consolidated phase, suggesting a high possibility of a slowdown in the Altcoin season.
However, mid- and low-cap altcoins have seen increased price action this week, indicating a change in interest among investors in these altcoins.
Considering investing in mid and low cap altcoins to maximize your profits this month? Dive in because in this article we have covered the top 5 altcoins that have the potential to record a surge of up to 10X during this month.
ConstitutionDAO (PEOPLE):
The PEOPLE coin price has shown strong bullish price action since the beginning of the year, indicating increased buying pressure for the altcoin in the crypto market. Positively, this altcoin added 32.38% in the last day, 372.86% over the last 30 days and 718% this year.
With a trading price of $0.10621, a circulating supply of 5.060 billion PEOPLE tokens and a market capitalization of $536.303 million, the ConstitutionDAO price secured the 137th position on the global cryptocurrency market list by market capitalization.
The technical indicator, RSI, continues to move above the overbought range, indicating a strong bullish sentiment for the PEOPLE crypto. Moreover, the average is showing a bullish convergence, which suggests that the price will continue to gain value in the coming time.
If the market holds the ConstitutionDAO price above the support level of $0.09875, the bulls will prepare to test its upper resistance level of $0.140. In a bearish reversal, the price could drop to its lower support level of $0.07560.
SLEEP (TRUMP):
The MAGA price has added 20.85% in the past day and a 2X increase over the past week. Furthermore, the altcoin has added 273% within the last 30 days and has a year-to-date (YTD) return of 5,819.23%, indicating a bullish outlook for the TRUMP token in the coming time.
The moving average convergence divergence (MACD) is showing a constant rise in the green histogram, highlighting increased buying pressure for the MAGA coin price. Furthermore, the averages show a rising pattern, suggesting a positive outlook for the altcoin during the coming week.
If the bulls continue to gain value, the TRUMP price will prepare to test its upper resistance level of $24. Conversely, if the bears overwhelm the bulls, the price will lose momentum and drop to its lower support level of $9 this month.
Turbo (TURBO):
The Turbo price continues to show bullish price action by adding approximately 20% within the past day and 76% over the past seven days. Furthermore, it is up 1,386% within the last 30 days and has a YTD of 1,993.60%, making it a top pick for this list.
Despite the MACD recording a negative price action in its price chart, the EMA 50/200 day highlights a strong bullish influence, suggesting a mixed sentiment for the Turbo token in the coming time.
If the market holds the price above the support level of $0.0075875, the bulls will test its upper resistance level of $0.009450 in the coming weeks. On the downside, a trend reversal could pull the price to its lower support level of $0.0045275.
Interest Coin (MNTC):
Built on the Ethereum chain, the Minati project is an emerging blockchain with great potential in the Metaverse. Its native token MNTC is the backbone of the Minativerse ecosystem.
Despite a correction of around 20% within the last hour, the MNTC price has added 64.03% within the last day and 210.16% over the last seven days. Furthermore, it has gained 1,003.67% in 30 days and has a YTD of 2,647%.
With a trading price of $19.90, a circulating supply of 6,275,000 MNTC, and a market capitalization of $125 million, the Minati crypto ranked 463rd in the global crypto market list.
Andy (ANDY):
Inspired by the Pepe Memecoin, the Andy project is Ethereum-based and quickly gained momentum after its launch. At the time of writing, the trading price of Andy Tokens is $0.0002146, a circulating supply of 1 Trillion Andy Tokens, and a market cap of $214,567,861.
Positively, the memecoin is up 16% in the past day and 82.63% over the past seven days. Moreover, the ANDY price has risen about 300% since its inception, highlighting a bullish outlook for it in the coming time.
Closure:
The volatility in the crypto space is constantly increasing with a Fear Of Missing Out (FOMO) like situation in the market. Moreover, the rising speculations for an AltSeason could lead to the market heading for a new ATH in the coming time.
However, investing in lesser known tokens is highly risky as they have high volatility. Make sure you are “DYOR” before investing in any crypto asset.
Note: This article does not constitute financial advice and is written for research purposes only. Characters selected for this article were based on their historical market and social sentiment and were not for promotion.
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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