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CoinGape 2024-12-19 08:47:18

Crypto Analyst Hint at Altcoins to Watch for 100% Gains in 2025

The cryptocurrency market is recognized for its instability, and 2024 has shown to be no different. Bitcoin (BTC) saw a sudden drop beneath the $100,000 threshold after the Federal Reserve declared a 25 basis points interest rate cut, prompting significant sell-offs. Ethereum (ETH) dropped by 6%, and XRP faced a 10% decrease, accompanied by a downward trend in the majority of altcoins. Despite this decline, crypto analyst STEPH IS CRYPTO has uncovered potential gems that may yield 100% returns or greater in 2025. Let’s explore these altcoins to watch for possible double returns in the upcoming months. 5 Altcoins to Watch for 100% in Profits by 2025 Here’s a detailed analysis of some altcoins you should keep on your radar: XRP, Minotaurus (MTAUR), Algorand (ALGO), JasmyCoin (JASMY), and Hedera (HBAR). 1. XRP: Altcoin to Watch with a Bullish Outlook Amidst Volatility Over the past day, XRP price has declined by nearly 10% to trade today at $2.32, with a strong market capitalization of $132 billion. Analysts emphasize its potential for considerable growth, bolstered by Ripple’s launch of a native stablecoin RLUSD , designed to enhance its stablecoin range. What Makes XRP Promising? Bullish compression: Analysts observe tight Bollinger Bands on XRP’s 12-hour chart, often a precursor to explosive price movements. Historical trends: Similar compression patterns led to a 490% rally in the past, suggesting the possibility of substantial gains. Strategic initiatives: Ripple’s focus on stablecoins and enterprise adoption could boost XRP’s long-term value. Source: STEPH IS CRYPTO (X) 2. Minotaurus (MTAUR): A Rising Star in Gaming Minotaurus (MTAUR) is making waves with its ongoing presale, targeting the booming casual gaming sector valued at $15 billion. Key Highlights of MTAUR: Attractive pricing: Early participants are already benefiting from a reduced token price of $0.00006001 USDT, with a future listing price of $0.00020 USDT. Ecosystem integration: MTAUR powers premium access and advanced features in the Minotaurus ecosystem. Security assurances: Audits by SolidProof and Coinsult ensure platform reliability. Given its low entry point, as an early-stage cryptocurrency , and solid market positioning, MTAUR is an altcoin to watch for exponential growth. 3. JasmyCoin (JASMY): 700% Growth in Sight? JasmyCoin has caught analysts’ attention with its well-defined Cup-and-Handle pattern, a technical signal often associated with bullish continuations. Technical Insights: Pattern formation: The cup spans nearly two years, with a breakout above $0.043 forming the handle. Retest strength: JASMY is consolidating between $0.038 and $0.043, a healthy sign for further gains. Projected targets: @CryptooELITES anticipate possible price points of $0.09, $0.18, and $0.31, indicating an expected growth of around 700% over the next four months. Source: @CryptooELITES (X) 4. Algorand (ALGO): Altcoin to Wach Paving the Way for 600% Gains in 2025 Despite dropping in price by 7.44% during the market blood bath to trade today at $0.3683, ALGO is predicted to achieve an all-time high of $2.60 by 2025, earning investors over 600% in profits. Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. #Algorand will hit a new all time high in 2025 $Algo pic.twitter.com/P2Q98wC3ug — STEPH IS CRYPTO (@Steph_iscrypto) December 18, 2024 Why ALGO Is Poised for Growth: Institutional adoption: Algorand’s ecosystem attracts enterprise-level projects and developers. Network upgrades: Regular updates improve scalability and performance. Market sentiment: The crypto market continues to be optimistic about ALGO’s prospects, highlighting its technological innovations and collaborations. 5. Hedera (HBAR): Accelerating Adoption Through Partnerships STEPH IS CRYPTO also foresees Hedera coin hitting $0.28811 in 2025, demonstrating a 100% increase from its current value of$0.2875. Key Catalysts for HBAR’s Growth: Chainlink integration: Enhanced DeFi capabilities through Chainlink’s Data Feeds and Proof of Reserve services. Tokenization push: Collaboration with RedSwan CRE to tokenize real estate assets. Developer incentives: The HBAR Foundation’s efforts to reduce oracle costs and support developers boost network adoption. Source: STEVE IS CRYPTO (X) Final Thoughts: Altcoins to Watch Look Optimistic Even with the prevailing bearish sentiment, the long-term prospects for these altcoins to watch continue to look optimistic. XRP, MTAUR, JASMY, ALGO, and HBAR are set to excel in 2025, supported by robust fundamentals, technical trends, and strategic plans. Investors looking for high-growth prospects should evaluate these projects, while being aware of the risks associated with the unstable cryptocurrency market. The post Crypto Analyst Hint at Altcoins to Watch for 100% Gains in 2025 appeared first on CoinGape .

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