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Cryptocurrency News Articles
Analyst Ali Martinez Singles Out OORT Token as a Candidate for a Potential 5X to 15X Surge in the Altcoin Bull Market
Jul 21, 2024 at 07:23 pm
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.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Sep 21, 2024 at 10:20 am
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- Sep 21, 2024 at 10:15 am
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- Rosen Law FirmReminds Purchasers of Coinbase Global, Inc. (COIN) Securities Between April 14, 2021 and July 25, 2024, of the Important November 12, 2024 Lead Plaintiff Deadline
- Sep 21, 2024 at 10:15 am
- NEW YORK, Sept. 20, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 25, 2024, both dates inclusive (the "Class Period"), of the important November 12, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.