The Crypto Market Rebounds
Despite recent volatility stemming from Middle East tensions, the cryptocurrency market is regaining momentum. According to CoinMarketCap data, the sector’s market capitalization has increased by 1.4% this week. This recovery bodes well for predictions of a bull run towards the end of the year.
Potential Start of the Crypto Bull Run
Investors are eagerly anticipating the next bull run, with some analysts predicting its commencement in the fourth quarter of 2024. Crypto analyst @EtherNasyonaL shared on X (formerly Twitter):
“The 4th quarter of 2024 will be the beginning of the bull run for $btc #bitcoin, just like the 4th quarter of 2012-2016-2020. 📈”
This forecast aligns with historical patterns, as the fourth quarter has typically been favorable for the crypto market. With potentially bullish events like the U.S. presidential election on the horizon, traders are already positioning themselves on promising tokens.
Top 4 Tokens to Watch
Here are four new cryptocurrencies that could potentially yield significant returns during the upcoming bull run:
1. Cryptify AI ($CRAI)
Cryptify AI is pioneering the first AI-powered dashboard for Web3 and Web2 influencer marketing. Its native token, $CRAI, has shown impressive performance, ranking as a top gainer on CoinMarketCap with a 925% increase on its debut. The bull run could provide further growth opportunities for this innovative project.
2. Pepe Unchained ($PEPU)
$PEPU is currently one of the most popular crypto presales, having raised $18 million. Investors are accumulating tokens to benefit from its future layer 2 solution and crypto ecosystem. Crypto influencer ClayBro suggests that this memecoin could potentially see a 100x growth post-launch, with the bull run potentially accelerating its progress.
3. ESTEE ($ESTEE)
ESTEE is an Ethereum-based memecoin featuring the eponymous Shiba Inu. The project aims to promote the development of Shiba Inu culture. With the growing interest in Shiba Inu-themed memecoins, $ESTEE could leverage this trend during the upcoming bull run.
4. TDM ($TDM)
TDM is a platform specializing in sports, fitness, and leisure, offering dietary programs for athletes. The $TDM token, launched for the platform’s 1.5 million users, will facilitate transactions and provide holders with voting rights. Increased adoption of the platform could drive $TDM’s growth, especially during a bull run.
Risk Warning
Cryptocurrency investments carry inherent risks due to market volatility. Investors should be prepared for potential losses. This article does not constitute trading advice and should not be treated as such.