The bulls are working extremely hard to rally the crypto market. Meanwhile, Bitcoin price is trading close to $20,000. The leading cryptocurrency rallied after returning to lows around $18,200. Meanwhile, a crypto researcher shared 5 altcoins that have great potential in the market rise. According to him, these altcoins will make big gains as the BTC price stabilizes. So which altcoins have the potential to become 100x gems in the next bull cycle?
“These 5 altcoins will explode in the next cycle”
According to the crypto researcher, the 5 cryptocurrencies are extremely noteworthy. According to him, these will be the most bullish assets of the next bull cycle. As Kriptokoin.com, we have compiled these 5 altcoin projects shared by the researcher for you.
Binance Coin (BNB)
Binance Coin price has climbed above $276 with trading volume of over a billion dollars for some time now. Altcoin has secured a solid place in the top 5 crypto assets. Also, the recent bullish momentum has grown even more as it is heard in the field. Now the researcher is setting an initial target of over $300 for BNB. He states that $330 and $400 are possible after this level. According to him, if the BNB price can rise above $400, he will close the annual trade at $500.
Terra Classic (LUNC)
Terra Classic has had a notable parabolic recovery since dropping from its initial highs to $0.000544. Although the bears again pushed the price below $0.0002, the bulls quickly intervened. Thus, they pushed the LUNC price above $0.0003. According to the researcher, the bulls seem a bit exhausted right now. However, a easing in the market sentiment has the potential to lead to a significant uptrend in the future.
TerraClassicUSD (USTC)
TerraClassicUSD is down more than 95% from $1 in May. But now it is making major attempts to revive a solid uptrend. Stablecoin is down 2% in the last 24 hours. However, it has also witnessed a spectacular rise of more than 63% in the last 7 days. Now, the researcher expects that the platform has seen enough buying pressure and that the stablecoin will regain its stablecoin ($1) as soon as possible.
Polygon (MATIC)
Polygon price has been bullish since the asset recovered from its lows around $0.34. Currently, MATIC price has gained more than 158% from this low. Thus, it consolidated around the most recently achieved levels above $0.8. Currently, the researcher expects a short period of strength accumulation for the altcoin. He suggests that after that, the price will reach $0.9 at the earliest. According to him, MATIC will be trading above $1 by the end of 2022.
Shiba Inu (SHIB)
The Shiba Inu, once believed to have collapsed, appears to have survived the bear market for good. SHIB price remained above $0.00001. It is now showing its strength by aiming to regain $0.00002 before the monthly close. However, after the altcoin rallied from $0.00000955 to above $0.00001, the bulls seem to be exhausted at the moment. However, the researcher predicts a major rise that is likely to occur in the coming days.