Analyst Ali Martinez Singles Out OORT Token as a Candidate for a Potential 5X to 15X Surge in the Altcoin Bull Market

The altcoin market has experienced a notable surge over the past few days, with many reclaiming new monthly highs following a prolonged period of bearish sentiment.

Altcoin market heating up with potential for 1,500% return

The altcoin market has seen a strong surge over the past few days, with many altcoins reclaiming new monthly highs. This bullish momentum comes after a prolonged period of bearish sentiment and lackluster performance.

The altcoin optimism was largely influenced by Bitcoin’s rebound above $60,000, with prices even touching $66,000 this week. This upswing follows the German government easing billion-dollar selling pressure that hindered Bitcoin’s upward momentum some three weeks ago.

As the selling pressure subsided, many altcoins outpaced Bitcoin in the recovery rally. Among the top 100 assets by market cap, Solana-based meme coin Dogwifhat (WIF) currently leads the pack with a remarkable 54% seven-day percentage gain.

Worldcoin (WLD) follows closely behind with a 47% increase. Notably, XRP was initially the altcoin with the most impressive seven-day growth, but the ongoing correction has significantly eroded its previous gains.

Altcoin projected for 15X surge

In anticipation of another altcoin爆発 as the bull market progresses, renowned market watcher Ali Martinez has pinpointed one token that could potentially yield a return of 500% to 1,500%.

In a recent post on X, Martinez highlighted that Big Data is a highly lucrative narrative for 2024-2025. He went on to say that after conducting in-depth research, he discovered the OORT token as a hidden gem with substantial upside potential in this bull market.

Specifically, Martinez highlighted the project’s endeavor to provide a decentralized cloud solution that boasts enhanced privacy, significant cost savings, and AI-driven operations.

Furthermore, the analyst cited technical data on the OORT token chart to bolster his bullish outlook on the asset. He observed that OORT is establishing a bottom after crossing above TD Sequential’s resistance trendline, which is complemented by a buy signal.

Big Data is a major trend for 2024-2025! After thorough research, I discovered a hidden gem with significant upside potential.

✭ @oortech | $OORT : Decentralized cloud offering privacy, cost savings, and AI-driven streamlined operations.

✭ Market Cap: $18.88 Million

✭ OORT appears to be forming a bottom on the daily timeframe… pic.twitter.com/sRv7m3IfJA

— Ali (@ali_charts) July 18, 2024

At the time of writing, OORT is trading at $0.1473, down 6.2% in the past 24 hours. However, it still boasts a 19.30% gain over the past week and is trading about 21.4% below its monthly high.

Meanwhile, Martinez has identified $0.20 to $0.27 as short-term targets for investors to keep an eye on. Moreover, he believes that OORT has the potential to deliver a substantial return of 5X to 15X for investors.

This projected growth would propel the asset to an all-time high value of $2.21.