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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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  • 2 minutes read

Altcoins To Buy Now For 10x Gains

As regulatory clarity improves and institutional interest grows, analysts believe the market is entering a multi-year supercycle, where a select group of tokens could see 10x or more gains. 

In a latest analysis, expert EllioTrades has listed some altcoins that he believes have major upside once regulations are clear. 

Aave (AAVE)

Aave is currently trading at $284.82, down 3% in the past day. It is up 24% in the past month. AAVE has rallied 180% since April, recently hitting $312, its highest since February. AAVE also formed a golden cross on the charts, and it could keep climbing toward $398, a 28% gain from current levels, unless it falls below the $282 support.

Maker (MKR)

Maker is currently trading at $1885, down 5% in the last 24 hours. It is up around 17% in the last 2 weeks, and experts predict Maker to rise by 34% and reach $2,512 by July 13, with a price range between $1,879 and $2,570. While the short-term sentiment is mixed, analysts expect up to 35% upside in July if the trend holds, with an average target around $2,475.

Maple Finance (SYRUP)

Maple Finance is currently trading at $0.4825, down over 3%. It is up around 60% in the past month. Key levels to watch are support at $0.46 and resistance at $0.52. If volume picks up, the price could rise toward $0.55. 

Ethena (ENA)

Ethena is currently trading at $0.2931, down over 10% in the last 24 hours. However, analysts believe that Ethena is testing the upper resistance of a descending channel on the daily chart. A breakout could send the price toward key targets at $0.45, $0.63, and $0.95.

Euler (EUL)

Euler is currently trading at $7.51, down 7.3%. Euler is down 15.78% over the past month and currently trades below both the 50-day and 200-day SMAs, signaling a bearish trend. A short-term recovery could push EUL to $16.10 by end of June, with a longer-term target of $27.32 by end of 2027.

Pendle (PENDLE)

Pendle is currently trading at $3.83, down 1.5% in the past day. Pendle is expected to stay around $3.69 in July, with a small chance to rise slightly. Traders could see a short gain if the price stays in the $3.68–$3.70 range.

Tokens like Uniswap, and Superverse, (which is quietly preparing to launch Black Hole), were also mentioned.

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FAQs

How is the crypto market doing today?

The crypto market is generally down today, with the overall market cap dropping by over 5%. Bitcoin is down around 2.5%, and many altcoins have seen larger declines, influenced by geopolitical tensions and global uncertainty.

What is Altcoin Season?

Altcoin Season (Altseason) is a period when altcoins (cryptocurrencies other than Bitcoin) significantly outperform Bitcoin, often indicated by a decline in Bitcoin’s market dominance as capital shifts into other tokens.

Is now a good time to invest in altcoins?

Altcoin dominance nearing key support levels suggests a potential rebound, making it a strategic entry point.

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