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Missed the PNUT and ACT Price Surge? 3 Altcoins For 10X Gains

Crispus Nyaga
Crispus Nyaga
Crispus Nyaga
Author:
Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.
November 15th, 2024
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

Peanut the Squirrel (PNUT) and Act I The AI Prophecy (ACT) made headlines this week when they surged following their Binance listing. ACT surged from $0.02 last week to over $0.08, pushing its market cap to over $600 million.

PNUT, on the other hand, moved from $0.08 to over $2, giving it a valuation of over $1.77 billion. This rally also happened after it was boosted by Elon Musk, the world’s richest man with over $315 billion fortune. This article looks at three altcoins that could 10x your funds during this crypto bull run.

Happy Cat | HAPPY

Happy Cat is a new Solana meme coin that has gained substantial attention in the past few days. Its token has jumped, giving it a market cap of over $132 million. This trend has happened even though the token is mostly being traded on Solana DEX networks like Raydium, Orca, and Meteora.

Now, with its volume rising, there is a likelihood that it will be identified and listed by mainstream exchanges like Binance, Coinbase, and OKX, .

There are signs that Happy Cat coin is gaining traction among investors as its volume has jumped from $7.9 million last week to over $26 million on Thursday. This trend will likely continue, pushing it substantially higher. In the past, several cat tokens have moved from almost zero to become juggernauts. Some of the most notable ones are Popcat, Simon’s Cat,  Cat in a dogs world, and CorhiAI.

Hamster Kombat | HMSTR

Hamster Kombat has been a big disappointment to the tap-to-earn community after the token crashed by double-digits after its airdrop. A token whose valuation was expected to be over $5 billion is now languishing at the $300 million levels.

Still, technicals point to a major comeback in the coming months. As shown below, the token formed a falling wedge between September 26 and November 5. In most periods, this is one of the most bullish reversal signs in the market, which explains why it made a strong breakout. 

Recently, the coin has also been forming another falling wedge pattern. Therefore, if this pattern works, there is a likelihood that the HMSTR will stage a strong comeback. The initial target for this breakout will be $0.0063, the highest level this month, which is about 65% from the current level.

A break above that level will bring the Hamster Kombat token price to its all-time high of $0.014, which is about 260% above the current level.

Hamster Kombat price

Read more: Catizen Price Has Formed a Bullish Pattern: Will CATI surge to $1?

Notcoin | NOT

Notcoin is another tap-to-earn altcoin that could stage a comeback and 10x your money. On the 4H chart, the token has formed an inverse head-and-shoulders pattern, a popular bullish sign. At the same time, it has formed a cup-and-handle pattern, which is a continuation pattern. 

Notcoin has also moved above the 38.2% and 50% Fibonacci Retracement levels. Therefore, a break above the key resistance at $0.0086, its highest level this week, will be a sign that bulls have prevailed, which will push it to its October high of $0.010, which is 35% above the current level. It will then soar to $0.030, 275% above the current point.

Notcoin price
Notcoin price chart

Some of the other notable altcoins that could generate 10x returns are Neiro, Turbo, Fwog, and Moo Deng.

Contributors

Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.