The crypto market is currently calm, a stillness before the anticipated bull run. Prices are hovering at lows, especially for altcoins, which are primed for significant gains. This period of stability is a rare opportunity, as many altcoins are ready to explode at any moment. Investors should keep their eyes peeled for altcoins that could offer staggering returns.
In August, several promising altcoins are expected to lead the charge with potential returns exceeding 2000%. The following article will unveil which altcoins are ready for remarkable growth, providing insights into the best investment opportunities this month.
BlastUP Provides Final Opportunity to Get $BLASTUP Ahead of Its TGE
In just over 3 months since its launch, BlastUP has already confirmed its pivotal role in the Blast ecosystem, serving as a groundbreaking launchpad for crypto startups. It has raised a phenomenal $8 million in its presale and formed a thriving community of nearly 20,000 $BLASTUP holders. In keeping with its goal of accelerating growth, BlastUP has already launched 4 successful Initial DEX Offerings (IDOs), helping new projects build a strong foundation for a stellar start.
Currently, BlastUP is preparing for the token generation event scheduled for July 2024. BlastUP tokens (BLASTUP), which were sold for pennies during the presale, will be priced at $0.1 at the listing.
Last Chance to buy BLASTUP Token at the Best Price!
The only way to get the BLASTUP token at the presale price now is to purchase Blastbox V2. It is a loot box that contains a certain amount of $BLASTUP and Booster Points, special tokens used to reward the most active community members.
Those who buy Blastbox V2 get a treasure chest that gives them access to a number of privileges. Owners of Blastbox V2 can:
- Access the launchpad IDOs and get exclusive rewards
- Participate in airdrops and get free tokens and NFTs
- Receive higher interest for staking $BLASTUP
Importantly, the supply of Blastbox V2 is limited to 9999. The scarce availability can quickly drive up demand, so it is wise to hurry up and buy these rare loot boxes while you can.
Arbitrum (ARB) Holds Promise Despite Recent Dips
Arbitrum (ARB) is currently trading between $0.64 and $0.77, showing both bulls and bears at play. Over the past week, the coin jumped almost 13%, signaling some optimism. However, it’s down 19% this month and a huge 66% over six months. Despite this, the bulls might take charge if ARB can break past the resistance at $0.82. A push to the next level at $0.94 could mean a rise of around 22%. Additionally, the RSI at 65 and MACD at 0.01 indicate growing interest. If bulls stay strong, ARB has the potential for significant growth.
Aptos (APT) Eyes Potential Surge Amid Market Fluctuations
Aptos (APT) has shown resilience despite recent market dips, currently trading between $5.74 and $7.12. Bulls appear poised for action, buoyed by a 19.47% gain over the past week. Key resistance at $7.61 remains a hurdle, but breaking through could push prices toward the $8.99 mark, a potential increase of about 25%. The current RSI of 55.71 signals a balanced market, while the 10-day moving average of $6.72 suggests short-term momentum. If bullish sentiment prevails, APT could rally significantly, marking a promising altcoin season. Keep an eye on the $7.61 resistance level for signs of a breakout.
Pyth Network (PYTH) Shows Signs of Potential Rebound Amid Market Fluctuations
Pyth Network’s price currently hovers between $0.28 and $0.33, showing resilience in a volatile market. Bulls might be gaining strength, with the token’s weekly rise of over 17%. The price is testing the nearest resistance at $0.35. If it breaks this level, the next target could be $0.41, offering a solid upside potential of more than 20%. The token’s 10-day average is slightly above the 100-day at $0.32, suggesting short-term bullish momentum. With the RSI at 64.03 and Stochastic at 85.32, there are indications of potential growth.
Starknet (STRK) Primed for Major Upswing Despite Recent Price Dips
Starknet (STRK) is currently trading between $0.53 and $0.63, showing a mixed bag of sentiment in the market. The price has witnessed a significant rise, up by over 200% in the past six months, although it has dropped by 35% in the last month. Technical indicators like the RSI at just over 60 and a positive MACD hint at bullish momentum. If the price breaks through the $0.67 resistance, it could easily surge to the $0.78 mark, representing a jump of around 25%. This suggests a potential for impressive growth, echoing early 2021 patterns.
Conclusion
ARB, APT, PYTH, and STRK may show less potential in the short-term. However, BLASTUP stands out with higher potential for returns. Its strong concept and positioning within the Blast ecosystem make it particularly promising. This project is worth keeping an eye on for future gains.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
Also Read: Best Cryptos That Are Ready To Explode According To Latest Market News
Disclaimer and Risk Warning
This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.