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Cryptocurrency News Articles
5 Altcoins With Future Potential to Buy Before Q4 2024
Sep 17, 2024 at 03:05 pm
The past price precedents of altcoins have shown that they've been a profitable venture for investors. As the crypto market evolves, more altcoins are being launched on the blockchain, thereby increasing the total market cap and distribution of altcoins.
As the crypto market continues to evolve, more altcoins are being launched on the blockchain, thereby increasing the total market cap and distribution of altcoins. Questions are springing up about whether altcoins will remain a key player in the crypto industry in years to come.
To answer this lingering debate, we analyzed five altcoins with future potential. These altcoins are Ordi, Smog, Cat in Dogs World, Dogwifhat, and Angry Pepe Fork.
1. Where’s the Price Trajectory of Ordi (ORDI) Headed?
Ordi (ORDI) has had a significantly positive year so far in the crypto world, having gained over 880% in value within the last 12 months. Meanwhile, after reaching a peak price value of $96 in March, the token has lost steam and has retracted to the $30 mark so far in Q3.
However, Ordi’s price is believed to have run out of its bear trend, given the increasing market activity over the past few weeks. Therefore, analysts expect the Ordi token to rally in Q4 and beyond.
Currently, Ordi’s trading volume is increasing at 30% on a day-to-day basis, as per data from CoinMarketCap. Also, with the token gaining about 4% in price value within the past week, it could signal a start of bullish momentum that could propel the token to $60 by Q4.
2. Smog (SMOG) Price Forecast
Since the meme coin launched on the Solana blockchain in March 2024, the Smog (SMOG) token has had a price rollercoaster. Having rallied to its all-time price of $0.30 weeks after launch, the Smog token prompt entered an extended bear trend.
As a result, the token has lost over 57% in value since its launch. The recent Smog price chart doesn’t look promising either, as stats show that the crypto has lost 14% within the last month. Similarly, Smog’s market cap has diminished from over $20M to just $16M.
All these stats point towards a project that could hit rock bottom in the coming months, making it a less attractive option to invest in.
3. Positive Signals Point Toward a Successful Q4 for MEW
The Cat in Dogs World (MEW) token has had a positive roadmap development in the crypto industry since its launch. For context, within 6 months after the launching of MEW, the meme coin was listed in exchanges like Kucoin, OKX, and Bybit.
Most recently, the MEW token became the first cat coin to be listed on Coinbase CEX. This portfolio displays how massive the potential of MEW is in the crypto industry. Notably, CoinMarketCap data shows the token has gained over 147% in value since its launch with massive potential for future growth.
With the rising potential and popularity of MEW in the crypto community, MEW crypto could witness massive rallies in Q4. Coincodex forecast the MEW coin price to hit $0.014 in the coming weeks. This makes it one of the meme coins to look out for in 2024.
4. Experts Undeterred by Recent Bear Trend of Dogwifhat (WIF)
Dogwifhat (WIF) has been one of the most successful meme coins launched in 2024, having rallied into the top 5 meme coins by market capitalization on CoinMarketCap. Also, WIF price has gained over 800% in value after its launch, propelling its market cap to over $1.5B.
Meanwhile, recent Dogwifhat’s price trajectory has been bearish. The token has lost over 7% in value within the last month, resulting in the token falling below the $2 threshold. Although, Dogwifhat’s trading volume is increasing by an average of 20% on a day-to-day basis.
Data from Tradingview shows that Dogwifhat is trading below the 50-day EMA ($1.71) with a bearish market sentiment. However, experts are confident that the current bear trend is merely a retracement. Crypto analyst TheoTrader said in a post in X, that they believe a breakout is imminent.
5. Angry Pepe Fork Storms Crypto Industry With a Meme Revolution and High ROI Potential
Coming through with one of the most compelling movements in recent times, Angry Pepe Fork (APORK) is geared toward dominating the meme coin market with its community-driven project. Unlike other meme coins like Popcat and Bonk, the $APORK token has real-world utility.
While still in presale, $APORK’s unique staking model will allow individuals to buy and stake the token in the presale for massive rewards. To maximize the staking pool returns, users have
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