5 Hot Altcoins To Pump 35x In May

Jack R. Mitchell

Altcoins are grabbing headlines as the 2024 bull run heats up, with whispers of potential 35-fold returns catching the eye of savvy investors.

Man on the mountain made of coins

With the crypto market showing strong upward momentum, identifying coins poised for explosive growth becomes a top priority. This article zeroes in on five such altcoins tipped to soar in value come May, dissecting their potential for remarkable returns. Perfect for those looking to capitalize on the market’s next big movers.

Over $6 Million Raised: BlastUP Presale Continues, Offering Up To 1000% Potential ROI

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 15,000 active users

The ongoing presale of BlastUP is a huge success, more than $6 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

>> Buy BlastUP Tokens Now for Maximum Returns! <<

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.

BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

 The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

>> Join BlastUP Now or This Rocket Will Take Off Without You! <<

Blur Price Fluctuates Amidst Market Speculation

Blur (BLUR) has been experiencing fluctuations in its price with a current range between $0.35 and $0.40. Resistance and support levels are evident with the nearest resistance at $0.44 and support at $0.33, which may play pivotal roles in upcoming price movements. The price of BLUR decreased by 1.09% past week, with a more significant drop of 10.01% within the last month, and a 7.95% decrease over the past six months. Technical indicators like the high RSI at 76.97 and a Stochastic indicator at 96.89 suggest that BLUR might be in an overbought zone, hinting at a potential pullback. The MACD’s level at 0.01 indicates a neutral trend. Current price action seems impulsive, reflecting rapid changes that could lead to a correction.

Manta Network (MANTA) Price: Reversal or Push Higher?

Manta Network (MANTA) has experienced a drop in the last week and month, with prices falling -2.69% and -21.70% respectively. However, over the last six months, it has seen a staggering rise of 3166.64%. Currently trading between $1.53 and $1.82, MANTA is close to its 10-day and 100-day average prices of around $1.62. The coin’s movement is showing signs of higher activity, with an RSI of 63.30 that leans towards more buying, and a high Stochastic value of 82.51 suggesting it may be overbought. Its MACD value at 0.02 indicates a potential for continued positive momentum. Resistance and support levels are set at $2.01/$2.29 and $1.43/$1.15 respectively, signaling possible pivot points for the price direction. The price moves appear to be in a corrective phase after recent declines, but a push towards resistance levels might be on the cards if the bullish conditions persist.

Hashflow Price Movement: A Current Snapshot

Hashflow (HFT) is trading between $0.27 and $0.32. Despite going down more than 4% in both the past week and month, it has slightly risen about 2% over the past six months. It’s moving near both its 10-day and 100-day averages of $0.29. With the RSI at 67.32, it’s close to being overbought, and the high Stochastic value of 94.50 often suggests the same. The MACD at 0.003 shows a small momentum which could signal a move. Right now, it seems more likely to drop than rise with strong resistance at $0.36 and a bit of support at $0.25. If it moves past $0.32, it might try for $0.36, but if it drops below $0.27, it could fall to $0.25 or even $0.19. The general movement is corrective as it’s within a smaller price range with no strong push in either direction.

Celestia Struggles Amidst Market Swings

Celestia (TIA) experiences fluctuations with a current price range of $8.51-$10.23, showing some difficulty in building momentum as it sees a decrease over the past month. TIA’s price fell by approximately 3.62% over the last week and by a more considerable 13.71% in the last month, yet it’s up 58.14% over the past six months, indicating overall growth in the medium term. Coin movements seem impulsive, moving towards the nearest resistance at $11.33, while support lies at $7.88. High indicators like RSI and Stochastic suggest the coin might currently be overbought.

Conclusion

Altcoins often surge in value during a bull market. BLUR, MANTA, HFT, and TIA show potential but might not skyrocket in the short term. BlastUP stands out due to its innovative concept and integration with the Blast ecosystem, which could fuel its rise. Investors should focus on BlastUP for significant growth prospects.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. 

The information on this page does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained herein.

Read this next

blockdag

Top Bullish Crypto: Fetch.ai & Pepe Coin Price Surge, But BlockDAG Sees Investor Rush as X Series Miners Stand Out

Compare Fetch.ai (FET) Bull Run, Pepe Coin price, and top bullish crypto BlockDAG. Discover why BlockDAG’s innovation and growth potential make it the best choice.

Digital Assets

Coinbase resumes XRP trading in New York after nine-month hiatus

Coinbase has resumed trading for XRP in New York, the company’s chief legal officer, Paul Grewal, announced on Thursday. This comes after a nine-month suspension of the cryptocurrency on the exchange due to regulatory scrutiny.

Institutional FX

Swissquote joins Fortex Hub to expand liquidity distribution

ECN trading platform and technology provider, Fortex Inc. has announced a new integration with Swissquote Group, Switzerland’s provider of online trading services.

Chainwire

Multipool Enters Partnership with Mobilum Offering Users Fiat to DeFi On/Off Ramp

Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum.

Retail FX

IC Markets taps TipRanks’ trading research tools

Sydney-based IC Markets has completed integration of TipRanks’s rating tools, which ranks analysts and financial bloggers based on their picks’ performance analysis, in a bid to provide its clients with new research capabilities.

Digital Assets

Gate.io shelves plan to operate in Hong Kong

Gate Digital Ltd (Gate HK) announced it is winding down operations and has withdrawn its application for a crypto trading platform license in Hong Kong.

Chainwire

Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem

With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token

Market News, Tech and Fundamental, Technical Analysis

EURGBP Technical Analysis Report 23 May, 2024

EURGBP currency pair can be expected to rise further toward the next resistance level 0.8560.

Digital Assets

Bybit denies financial woes and hacking rumors

Ben Zhou, CEO of Dubai-based cryptocurrency exchange Bybit, has refuted circulating rumors that the platform has been hacked or is insolvent. Zhou addressed the speculations in a post on the social media platform X.

<