Top 3 Altcoins That Can Outperform Dogecoin’s 6% Daily Surge
After a few days of bearish dominance, the crypto market turned bullish. This allowed most altcoins to paint their daily charts green, including Dogecoin (DOGE). Thanks to that, the world’s largest meme coin is trading at $0.333 with a market capitalization of over $49.3 billion, making it the 8th largest crypto by market cap.
These 3 top Altcoins can shine next!
While Dogecoin enthusiasts enjoy the meme coin’s newly gained bull momentum, a few other cryptos are also showcasing promising potential going forward. Ergo, let’s check out these top 3 altcoins, which can outshine DOGE price action soon!
1. XRP
XRP, one of the largest altcoins, has already overtaken Dogecoin with its massive daily gains. The Ripple price surged by over 10% in the last 24 hours, making it trade at $3.09 with a market capitalization of over $178 billion. In case the token continues its ascent, then it will face resistance near $3.30.
A successful breakout above that could trigger yet another rally, which can push XRP towards the $4 mark in the coming days. The chances of that happening are high, as the 9-day MA was resting well above the 21-day MA—a sign of bullish upper hand in the market.
2. Aureal One
Aureal One has revolutionized the cryptocurrency sector with the introduction of its cutting-edge metaverse platform, which has drawn investor interest right away. The platform integrates blockchain technology with immersive virtual experiences to create a connected ecosystem that links gaming, the metaverse, and real-world applications.
Aureal One Blockchain’s primary applications, Clash of Tiles and DarkLume, showcase its technological potential. These programs guarantee engaging experiences that foster growth and strong connections between users.
The altcoin positions itself as a major player in the growing metaverse market. Investors should therefore stay vigilant to ensure they don’t pass up their opportunity to profit while Dogecoin price rises!
3. Cardano (ADA)
Like Dogecoin, Cardano (ADA) also turned bullish in the last 24 hours. To be precise, bulls lifted ADA’s price up by nearly 7% in the last 24 hours. It is interesting to note that while Cardano price gained bullish momentum, the token’s long/short ratio also registered a sharp uptick in the 24-hour timeframe.
A hike in the metric means that there are more long positions in the market than short positions—indicating rising bullish sentiment in the market. If high bullish sentiment pushes ADA further up, then the token might once again hit the $1 mark.
Conclusion
As the crypto market rebounds, Dogecoin leads with gains, but XRP, Aureal One, and Cardano show even greater potential. These altcoins, with their unique strengths, are poised to shine brighter in this bullish trend.
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Dipayan Mitra
CoinGape
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