In this round of the bull market, we need to appropriately lower our expectations. Achieving returns of 30 to 50 times is the most reasonable situation. For Bitcoin, reaching a price of $140,000 would only be a doubling. Currently, Bitcoin's market cap has reached $1.3 trillion. To double it, another $1.3 trillion needs to be added. It must be admitted that the dividends in the crypto space are gradually disappearing. This is evident not only in the increasingly massive Bitcoin but even more so in the growing number of altcoins. Looking back at the altcoin market in 2017, there were plenty of coins with tenfold returns, and hundredfold returns were not uncommon; by 2021, although there were still many altcoins with tenfold returns, hundredfold returns had become rare; and now, achieving a few times return has become difficult, with tenfold returns being extremely rare. Therefore, in the second half of this round of the bull market, for altcoins, achieving a fivefold return can be a signal to consider selling, and reaching a tenfold return should mean completely cashing out. As for how much more it can rise afterward, that can only be left to fate.
5 Altcoins That Can Make You a Millionaire in the Bull Market Are Ready to Explode!
STX
Coincodex's forecast shows that the price of STX may rise by 9.84%, expected to be around $1.68 by December. If STX can maintain its current momentum and break through key resistance levels, the Nakamoto upgrade may support its continued growth in the coming weeks.
EGLD
The current price of MultiversX is 0.51% lower than recent highs and 8.43% higher than cycle lows, indicating that the price remains stable within this range. MultiversX demonstrates good attributes in both functionality and market performance, although its RSI indicates it may be in a consolidation phase.
Sei
In terms of market performance, the Sei token has shown resilience. The current price is $0.3601, with intraday trading up 4.89%. Its 24-hour trading volume to market cap ratio is 0.1803, indicating strong liquidity relative to its market cap. The 14-day Relative Strength Index (RSI) is 48.79, suggesting a neutral position with the potential for sideways trading. According to Coincodex data, Sei's price is expected to rise by 228.79%, possibly reaching $1.152554 next month.
PYTH
In December, forecasts suggest that the trading price of PYTH may range between $1.0281 and $1.5710. If these predictions hold, investors could see a return of about 370.79% by the end of the year, although, like all market forecasts, actual results may vary.
CORE
From a market perspective, the price trend of Core DAO seems to support its potential. The price of Core DAO is about $0.80, slightly down 0.17% in the past 24 hours. However, it has increased by 76% over the past year, outperforming 60% of the top 100 cryptocurrencies. Its trading price is nearly 14% higher than its 200-day simple moving average (SMA), indicating that the price is relatively strong near recent highs.
