Top Altcoins to Watch for Potential 2x-5x Profit Next Week: Bittensor (TAO), Safepal (SFP), Ondo (ONDO)
As the countdown to the Bitcoin Halving event continues, the altcoin market is gearing up for a potential bull run of its own. With less than 1000 blocks left for the Halving, investors are eagerly eyeing altcoins that have the potential to make significant gains in the coming weeks.
One such altcoin to watch out for is Bittensor (TAO), a decentralized protocol that incentivizes the collaborative training of machine learning models with TAO tokens. With a 150% return in 2024, the TAO token has already shown a massive jump in price this year. As the Bitcoin Halving approaches, the altcoin is poised for a comeback, with the potential to reach $5 this week.
Another altcoin gaining attention is Safepal (SFP), a cryptocurrency wallet backed by Binance. The SFP token has seen a significant rally, jumping from $0.18 to $1 in a short period. Despite a pullback to $0.86, the altcoin has the potential to surge 2x-5x if it can break through the $1 barrier.
Lastly, Ondo (ONDO) is another altcoin to keep an eye on, with token holders playing a key role in guiding the Ondo DAO towards making institutional-grade finance accessible to all. With a 14% intraday jump and trading near the 50D EMA and $0.70 mark, the ONDO token is showing signs of a potential breakout rally. If the price can surpass the $0.97 peak, a surge to $1 is not out of the question, potentially resulting in a 2x-5x jump thanks to its low market cap.
As the market anticipates a bull run with the Bitcoin Halving event, these altcoins present an opportunity for investors to capitalize on potential gains. Keep an eye on Bittensor (TAO), Safepal (SFP), and Ondo (ONDO) as they could be the next big movers in the altcoin market.
