The ongoing market turmoil caused by the upcoming halving event has sparked speculation about the performance of several altcoins. Major tokens like Bitcoin, Ethereum, Solana, and many others have maintained a slow trend.

While the market faces the downturn, newly launched tokens show potential for growth and massive returns. Fantom, Ethena and DTX Exchange proved their growth potential by displaying a green candle for over a month.

The upward trajectory of these tokens has raised the question of the best token for massive gains.

Analysts Predict Ethena Price Surge

Ethereum's synthetic dollar protocol Ethena has accumulated a market capitalization of over $2 billion and, depending on future price movement, could quickly establish itself among the top 50.

Given that ENA price is following a sharp upward trend, short-term trading is very bullish. The token consistently makes higher highs and higher lows in anticipation of a small dip. Analysts predict that it will make another higher low and then form the next ATH, which will be around $1.66.

The OBV is still in an uptrend, and the RSI is still bullish. Thus, it implies that there is enough room to grow, given the liquidity on the platforms. Furthermore, increasing whale activity and participation rewards make room for price surges soon.

Whale-Powered Momentum Builds for Fantom

Fantom (FTM) is on the verge of a market rally as it approaches the crucial $1 threshold. Significant whale activity supports this possible rally, and noteworthy buying patterns indicate a bullish outlook. Investors and cryptocurrency enthusiasts are keeping an eye on these developments, which could herald an imminent price crash for FTM.

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