Cryptocurrency guru Mikybull Crypto points to the upcoming ETH ETF breakthrough as a key catalyst behind it, hinting at the start of altcoin season.Mickey Bull Crypto As Ethereum Inches Inching Out Of Supertrend Bear Zone Share his best altcoins The pick is expected to generate impressive returns in the 5x to 10x range throughout 2024.
Scale Token (SKL)
Mikybull Crypto focuses on SKL, the native token of Skale Network, an open-source decentralized platform that facilitates blockchain and app development on the Ethereum network.
Our analysis shows that SKL has moved beyond the accumulation stage and is a growth candidate due to strong fundamentals and utility.
Alitas (ALT)
ALT, the basic infrastructure of emerging value networks, is attracting attention. However, with ALT currently hovering at $0.35, Mikybull Crypto outlines two possible entry points for traders: $0.033 and $0.30.
Despite a modest decline of 0.86%, Mikybull Crypto has an ambitious target set at an all-time high and identifies an ideal buy zone for medium-term holding.
DYM Coin (DYM)
Mikybull Crypto seamlessly shifts focus to DYM Coin, a decentralized finance (DeFi) cryptocurrency. The analyst advises traders that he has two strategic entry points, $7.36 and a rare opportunity at $6.187. Mikybull Crypto hinges on whether DYM can maintain its momentum above $6.36, painting a bullish scenario.
Badger DAO (BAD)
Attention now turns to BADGER, the Badger DAO’s community token. Mikybull Crypto points out that BADGER is about to exit its accumulation phase, supported by the recent 15.52% price surge.
The current price is $4.47, but BADGER's usefulness in staking, governance, and yield farming promises significant expansion.
Cosmos (Atom)
Next, the spotlight will be on ATOM, Cosmos' native token, which is known for providing tools for interoperable blockchains. Similar to previous cycles, Mikybull Crypto is expecting significant growth.
At the moment, ATOM price is $10.33, up 7.19% in the past 7 days.
Sectors to watch
Mikybull Crypto concludes its analysis by pointing out key sectors poised for explosive growth in the upcoming altcoin season.
- AI (artificial intelligence)
- BRC20
- L2 (layer 2)
- game
- modular
With Mikybull Crypto insights, investors and enthusiasts are preparing for an exciting and profitable altcoin season in 2024.