With the anticipation of an altcoin rally hitting the crypto market, the hype around the altcoins has peaked. With increasing gains in the case of many cryptocurrencies, the anticipation is even higher.a Moreover, the bullish market conditions favored gains for most, where the overall market cap has risen to $2.57, and the fear and greed index indicates increased greed among investors. It has boosted the chances of higher gains in the upcoming days.

Based on that, ETH, PEPE, MANTA, and STRK are the best altcoins to buy this week.

1.Ethereum (ETH)

The Ethereum Spot ETF approval has brought Ethereum back to its worthy value closer to the $4K mark, with its current value of $3,907.78. As of now, Ethereum is on the same level as it was at the March rally, but it will continue to grow even higher. In the last 24 hours, the Ethereum price is up by 25% in the previous week, and the same is expected for the upcoming days.

Many crypto analysts have speculated that the ETH price might rise to $6K after crossing its ATH target of $4,891.70.

2.Starknet (STRK)

Starknet has presented impressive long-term gains where its price has surged 21% in the last week. The same gains can be expected for this week for this altcoin as the value is rising continuously. This rise comes as Vitalik Buterin, the founder of Ethereum, was recently gifted a million grant. Out of which, 845,205 STRK has been unlocked already, increasing Starknet’s demand in the market with Vitalik’s confidence in this crypto. At present, the STRK price is $1.31 after a 6% gain in the last 24 hours.

3.Pepe Coin (PEPE)

There’s no end to the PEPE price after its 145% gains this May, setting multiple new all-time high records. Moreover, PEPE is extremely bullish, surging 13% in the last 24 hours, pushing the value to $0.00001705. As a result, PEPE has become the 18th cryptocurrency on CoinmarketCap with a market cap of $7.17B. The demand for this altcoin is still rising, as the trading volume has increased to $2.93B after a 70% hike.

4.Manta Network (MANTA)

MANTA has made a bullish turn after its reversal on the main downtrend resistance of $1.5. Through the last week, MANTA had a steady growth with a 23% increase, pushing the value to $1.77. Moreover, the transactions have peaked for Manta Network with its 41% gains, bringing the value to $41,626,888. This rise comes after a whale transferred 2,000 ETH ($7.84 million) to the Manta Network.

With the neverending demand for altcoins, the next week is set for higher investor gains. With the transition of the crypto market from this profiting May to June, investors are eyeing the performance of all the demanding cryptocurrencies, including Ethereum, PEPE, and many more.

Continue Reading Jasmy Coin Price Explodes 800% in Volume; What’s Happening?

The post 4 Top Altcoins To Rally This Week appeared first on CoinGape.

---

Filed under: News - @ May 27, 2024 10:19 am