3 High-Potential Altcoins to Watch as BNB Price Jumps 13%

 3 High-Potential Altcoins to Watch as BNB Price Jumps 13%

The recently released Consumer Price Index (CPI) summary shows that inflation has risen marginally, which led Bitcoin to move up in value by single digits. Altcoins, however, experienced more of an impact as BNB price pumped by more than 13% in the last 24 hours.

3 High-Potential Altcoins to Watch as BNB Price Jumps 13%
Source: CoinMarketCap

Other altcoins are also feeling the heat, and most of them show their latest candles as long greens. Needless to say, it is now time to load up on the best altcoins to capitalize on this (hopefully) major surge.

Best Altcoins To Capitalize On BNB Price’s Latest Pump

Binance Coin price is trading around the $710 level at the time of writing, and its market capitalization exceeds $102 billion. There has been more than a 57% increase in its trading volume in the last 24 hours, showing the market may be at a bright spot right now, albeit momentarily.

To capitalize on it, here are the top tokens to pick.

PancakeSwap (CAKE)

Ranking 84th in terms of top altcoin by market capitalization, PancakeSwap has been able to leverage its DEX benefits and macroeconomic conditions to experience an upward of 55% pump in the last 24 hours alone—even beating BNB price action. 

3 High-Potential Altcoins to Watch as BNB Price Jumps 13%
Source: CoinMarketCap

Trading at around the $3.09 level at the time of writing, and with a market cap of over $880 million, CAKE has been riding the wave of positive community sentiment, merch drops, and a flurry of positive updates.

The recent surge is also the result of PancakeSwap’s status as the leading DEX to support tokens created on the BNB Smart Chain. Simply put, PancakeSwap is the asset that has funneled the rising popularity of BNB onto itself.

Aureal One (DLUME)

While BNB price gained momentum, Aureal One (DLUME) has been breaking new ground within the blockchain economy with its multi-staged presale that could bring more than 3x gains to early investors. This is from the fact that its native token, DLUME, is being offered at a discount price of $0.0013 at the time of writing and will be listed at $0.003.

3 High-Potential Altcoins to Watch as BNB Price Jumps 13%
Source: Aureal One

The craze behind the metaverse and the promise of early gains could compound its token’s growth once it goes live on a cryptocurrency exchange. The token’s unique concept of introducing a metaverse-only blockchain and finally pushing the blockchain gaming agenda towards a “fun” direction could help it rise by 10x upon launch.

Attributes like “zero gas fees” could contribute to its growth, along with speedy transactions to prevent any latency during gaming sessions. With the DarkLume Metaverse already in the works, and games like Clash of Tiles nearing launch, the hype on social media is enough to give Aureal One an explosive debut when it’s time for it to shine on a DEX or a CEX.

Shiba Inu (SHIB)

Trending right below PancakeSwap is Shiba Inu (SHIB). While this utility-driven meme coin hasn’t shown a massive increase, as its 24-hour pump has only been 7.5% till now, SHIB is moving ahead of its meme roots if the latest tweets are to be believed.

The biggest highlight around this token is its recent partnership with the Ministry of Energy and Infrastructure of the UAE. This paves the way for Shiba Inu to blend the concepts of blockchain and AI and integrate them with UAE’s economy. For many, this could be a prelude to a series of long-term benefits.

In terms of technicals, Shiba Inu has recently bounced from the demand zone, and since the overall price action has been lukewarm, investors can also consider waiting a bit longer for SHIB to hit new lows and capitalize on the dip.

3 High-Potential Altcoins to Watch as BNB Price Jumps 13%
Source: TradingView

Investors should also keep an eye on the top-trending chart on CoinMarketCap to find out whether Shiba Inu shows up on it again. This will allow them to capitalize on SHIB’s reaction to the rapid market movements.

Conclusion

As BNB price leads the charge with a 13% surge, altcoins like PancakeSwap, Aureal One, and Shiba Inu are poised for significant growth. With strong community support and innovative projects, these tokens offer promising opportunities for investors looking to capitalize on the current market momentum.

The post 3 High-Potential Altcoins to Watch as BNB Price Jumps 13% appeared first on CoinGape.

   

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