Three major signs indicate that altcoins are about to welcome a major bull run, with a focus on 3 types of altcoins that could rise 10 times!

$ENS

ENS helps users convert long and complex wallet addresses into easy-to-remember names. Over the past year, the project has risen by 73.40%, with 70% of trading days recently ending with gains. Although the trading price of this token is still below its 200-day moving average, momentum is strengthening.

ENS continues to maintain its position as one of the more stable cryptocurrency projects, recently rising to $23.91, with a daily increase of 4.09%, and a significant rise of 60.75% in the past month. The market capitalization of this token is currently $867 million, and its recent performance has outpaced many of the top 100 cryptocurrencies, including Bitcoin and Ethereum.

$SUI

The future still looks promising. The current price of Sui is $3.72, down 7.07% in the past 24 hours. The recent drop following a monthly price increase of 67.90% is undoubtedly a blow to investors and traders. With the launch of Axelar Bridge, Phantom Wallet integration, Binance Alpha integration, and growth in TVL, the market fundamentals remain strong, but they are now beginning to worry about the possibility of price declines. Additionally, the highly anticipated Sui Odyssey event on May 17 is still a focal point.

The price of SUI is currently hovering between its key support levels of $3.73 and $3.85. If SUI falls below this range, it could trigger a larger decline, especially as liquidations continue to pressure long positions.

$PEPE

PEPE is a meme coin inspired by the iconic Pepe the Frog internet meme.

$PEPE operates as an ERC-20 token on the Ethereum blockchain, with its uniqueness lying in its deflationary mechanism—every transaction destroys tokens, gradually reducing supply, and potentially increasing scarcity and price over time.

In April 2023, $PEPE sent 210T tokens (half of its total supply of 420T) to a burn address, permanently removing them from circulation.

This large-scale destruction is a strategic move aimed at creating scarcity and enhancing long-term value by reducing the total supply.