During Wednesday’s Asian market session, the Bitcoin price recorded a slight pullback to $88,000. The bearish turnaround triggers a relief retracement in the altcoin market, allowing investors to recuperate the bullish momentum. As a post-correction rally could push the BTC price to $100,000, investors can consider these altcoins to buy with the potential to offer a 5X return.
3 Altcoins to Buy Now for Explosive Growth if Bitcoin Hits $100K
Bitcoin’s potential surge to $100,000 is more than just a milestone—it’s a catalyst for the entire crypto market. Historically, the major altcoins entered a high momentum rally following the BTC price surge to a new height. This is a perfect time for savvy investors to consider which altcoins to buy that could deliver a 5x rally or more.
Toncoin (TON)
Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, stands at the top of our list of altcoins to buy. Currently, the asset trades at $5.2 while boosting a market cap of $13.44 Billion. Over the last 4-months, the TON price has witnessed a steady correction under a downsloping trendline.
As the Bitcoin price edged close to the $100,000 milestone, the Toncoin price gave a decisive breakout from the overhead trendline, signaling its readiness to join the bull run.
Despite the recent correction trend, the top TON holders have maintained a steady accumulation trend, holding 28.5% of the circulating supply. This indicates a strong confidence among whales in the long-term potential of Toncoin.
Aureal One (DLUME)
AurealOne is an emerging blockchain platform tailored for the metaverse and gaming industries. The platform addresses common blockchain hurdles, such as high transaction fees and slow processing times, using Zero-knowledge Rollups (ZK- Rollups).
AurealOne has recently launched its presale, which raised over $100,000 within minutes, accentuating the market demand for specialized blockchain solutions in gaming and virtual environments. DLUME, the native cryptocurrency of AurealOne, is currently available at an exchange rate of $1 for 2,000 tokens, facilitated in the transaction within the ecosystem.
The platform also boosts immersive digital experiences with its flagship programs like DarkLume Metaverse and Clash of Tiles Game. As the game industries continue gaining traction in the crypto space, cryptocurrencies such as DLUME could witness a massive demand.
Pepe Coin (PEPE)
In the last nine days, the dog-themed meme cryptocurrency, PEPE, showcased a massive surge from $0.0000079 to $0.0000148— an 87.75% increase. This recovery trend empowered buyers to break through the resistance trendline of a symmetrical triangle pattern, ending a 5-month consolidation phase.
This breakout marks a significant shift in market sentiment, positioning the asset for a renewed recovery trend. According to Santiment data, PEPE supply held on crypto exchanges has drastically dropped from 226.2 trillion to 188.5 trillion coins over the last 7 months.
This declining trendline indicates a HODL behaviour from inventors as they move their assets from exchanges to private wallets.
Conclusion
As Bitcoin gears up for a potential $100,000 breakout, Toncoin (TON), Aureal One (DLUME), and Pepe Coin (PEPE) are top altcoins to buy with incredible opportunities for high returns. While the crypto market remains volatile, the historical correlation between Bitcoin’s success and altcoin performance makes this an exciting time for investors.
The post 3 Altcoins to Buy for 5x Gains If Bitcoin Hits $100,000 This Week appeared first on CoinGape.
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