The cryptocurrency market has seen significant upward momentum recently, with several alternative cryptocurrencies (altcoins) experiencing notable gains. Investor interest remains high, and analysts have pinpointed five altcoins that could yield further profits in the near term. These digital currencies have not only surged in value but also have attracted attention due to their potential for continued appreciation.
Worldcoin Leads with Impressive Surge
Worldcoin (WLD) has distinguished itself with an impressive surge of approximately 291%, beginning February at $2.32 and soaring to $9.114. With a current market cap of $1.23 billion and a circulation of 135.24 million coins, WLD is expected to challenge the $11 price level soon, potentially growing by another 20%.
Fetch.ai’s Notable Price Jump
Another promising altcoin, Fetch.ai (FET), has seen its price jump by over 88%. FET’s market valuation stands at $931.56 million, and it has been trading at $1.0996. Analysts predict a possible 16% increase for FET, eyeing the $1.19 resistance level as the next target.
SingularityNET’s Consistent Gains
SingularityNET (AGIX) has also achieved significant gains for its investors, with a jump of over 182%. Valued at $980.18 million, AGIX is on an uptrend, according to market analysts who expect the coin to test the $0.90 resistance level in its continued ascent.
The Graph’s Steady Market Performance
The Graph (GRT) has registered a solid performance, with its price climbing by over 90%. With a market cap of $2.80 billion and trading at $0.2995, GRT seems poised to reach the $0.350 resistance level, possibly garnering a 17% increase from its current standing.
Render’s Remarkable Monthly Rise
Finally, Render (RNDR) has made significant strides with a 73.50% increase in value over the month. Priced at $7.49 and with a total market cap of $2.84 billion, RNDR is on track to test the $8.50 level, indicating strong upward momentum for the altcoin.