Top Altcoins to Watch for Massive Profits: Angry Pepe Fork, Ethereum, Solana, Kaspa, and Stacks
In a sensational trading action, a smart investor has capitalized on the recent Ethereum boom to profit a whopping $76 Million. The smart move was reported on the chain tracking platform Lookonchain on its X handle. From the report, the whale took out a staggering 7000 ETH worth a massive $26.7 Million from Binance on June 3, 2024, to add to its total Ethereum holding of 36,785, estimated to be worth $140 Million. Looking at this massive profit, it could be seen that the whale took his time to make the calculated move. In this article, let’s explore top altcoins that can give such extraordinary profit in the coming months.
Angry Pepe Fork Token Ignites Buyers’ Frenzy
Despite being a new altcoin, Angry Pepe Fork made our pick as one of the best altcoins to keep an eye on in the coming weeks. The project has earned praise and accolades from crypto enthusiasts in its one-month stay in the crypto market. Buoyed by its unique system, APORK intends to create a unifying community that jointly faces rebels and renegades.
With this vision, the platform creates an army of fighters, displaying grit and valor and ready to take out zombie meme coins on the battlefield. Their efforts are highly rewarded with free tokens and the possibility of becoming a high-value member of the ecosystem. Powering the community is the $APORK native token which is used for transactions and governance rights.
By purchasing this token, users can start to explore the staking option right in the presale. Through its conquer-to-earn model, users earn increasing APY rewards by finishing the zombie meme coins. At present, investors can purchase $APORK at $0.014. With only 1.9 billion total supply, the platform is prioritizing rarities and constant value appreciation, making APORK an altcoin to watch.
Analysts have looked into this project and believe its strong fundamentals can see it ranked among the top 10 altcoins in the future. As a result, experts are forecasting a massive price increase to the turn of 200% by the end of the presale and 350% by the time it is listed on exchanges. With the option to add more utilities through potential partnerships, investors are set to profit hugely from the project.
Ethereum Token Sets to Retest $4k as Big Whale Profit
After a big investor made a smart move that resulted in almost $76 Million profit, the token has continued to mount bullish proceedings, ready to retest its March value of $4k. In the longer term, Ethereum’s price has been up by more than 100% in the past year with the Ethereum market cap also going higher above $450 Billion.
Although the token has struggled to break the $3800 threshold, twice getting rejected in the past week, the Ethereum coin still trades above the $3700 support zone. Looking at the technical charts, the token is consolidating above the $3700 threshold having traded above the 200-day simple moving average (SMA).
Analysts observed that Ethereum is seeking to make the $3800 resistance zone a support level. As a result, they believe a push above this level could take the altcoin price above $4k. However, retracement below this level could reverse the token price below $3500.
Solana Coin’s Impressive Move Could Result in Massive Gains For Investors
Solana made an incredible jump on its year-to-date chart, going up by 700%. The Solana network has also grown massively since its launch in 2020, with expanded interest in DeFi, NFT, and meme coins. Ranking as the 5th largest crypto, Solana is one of the altcoins to buy that can give huge returns.
Launched 4 years ago, Solana’s floor price started at $0.5. Surprisingly, the token went all the way to $260 within 18 months, with many investors profiting beautifully. With an evolving market cap that is closer to $80 billion, Solana has been tipped to challenge Ethereum as the number 2 crypto behind Bitcoin.
Interestingly, Solana’s price is exhibiting a strong market outlook after trading above its 50 and 200-day EMAs. Although the Solana volatility score of 6.9% may be of concern to buyers, long-term holders may benefit hugely from the anticipated bull run. With the token setting eyes on a $200 value in the coming days, Solana is one of the altcoins to buy that can offer huge profits sooner than anticipated.
Kaspa Coin Bullish, Hits New All-time High
Another token that can give the vibe of Ethereum return is Kaspa. The token was launched in 2021 and has remained resilient despite the fluctuating market conditions. Using a one-year price trajectory, the Kaspa token has a more than 1000% increase. As for the past month, the token has surged by more than 70%.
Notably, Kaspa’s market cap has continued to boom and could hit $5 Billion by December 2024. As per the trading charts, Kaspa shows a significant bullish sentiment reflected in its recently attained all-time high record. However, many analysts peg Kaspa’s direction to broader Bitcoin market dominance.
Kaspa’s strong fundamentals as a layer 1 token also give it significant attention among buyers. With the token also consolidating even during bearish conditions, Kaspa has a bright future that may see it surge to $0.5 by the end of the year.
Stacks Token Displays Strong Bullish Presence
Stacks are regarded as the layer 2 networks for Bitcoin and usually follow the largest crypto in its price movements. In early May, Stacks coin plummeted as the general market took a downward path. However, a bullish trajectory has been noticed since then with Stacks price going up by 15% on the weekly price chart.
The Stacks market cap also displays a strong bullish presence, moving up above $3 Billion last week, Stacks has stabilized at the $2.2 threshold and is looking at the next resistance level of $2.6. Looking at the technical charts, the Stacks market sentiments appear to be greenish. Even though the token regressed by 2% in May, it gained momentum in June.
Although Stacks is now about 41% from its all-time high record of $3.84 reached in April 2024, the present momentum gives a signal that the token may retest the threshold soon. With the market gradually regaining strengths, Stacks is an altcoin that can give increasing profit in the year.
Conclusion
Modeling a trade-in resemblance to whales can quickly accelerate your progress as a newbie. While personal research is important, following the whales in their trade can result in huge profits. For investors with limited liquidity, starting with tokens like APORK which is just starting its presale could be a good option. Before the token gets listed on crypto exchanges, investors would have earned massively.
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Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
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The news story covers the recent profitable trading action in Ethereum, highlights the potential of Angry Pepe Fork Token, discusses the bullish movements of Ethereum, Solana, Kaspa, and Stacks tokens, and provides insights for investors looking to capitalize on the altcoin market. It also includes a disclaimer and author information for transparency.
