Top 3 Altcoins to Watch This Weekend for Potential Gains
This weekend brings exciting opportunities for cryptocurrency investors as several notable altcoins continue to draw attention. Whether you’re a seasoned investor or a newcomer to the crypto space, keeping an eye on these altcoins could yield valuable insights. Below, we analyze three altcoins—PEPE, Canton (CC), and Chilliz (CHZ)—all of which stand out for their impressive recent performance and potential for growth.
1. PEPE: The Memecoin with Momentum
PEPE has surged by 28% in the last 24 hours, becoming one of the best-performing meme coins of the week. This rally was spurred by unexpected social momentum, including a trending frog meme shared by top crypto exchange OKX. The result? Renewed interest and heightened buying pressure for PEPE.
Trading around $0.00000517, analysts predict PEPE could break the $0.00000544 barrier, pushing toward $0.00000583 if its bullish momentum continues. However, profit-taking could pose a near-term risk, with prices possibly retreating to $0.00000491 or lower. If you’re considering diving into meme coins, PEPE is a name to watch closely this weekend.
Explore PEPE’s listing on OKX to stay updated on its movements.
2. Canton (CC): All-Time High On the Horizon
Canton (CC) extended its strong bullish run from mid-December, recently hitting an intraday peak of $0.177—a new all-time high. Sustained demand and positive market flows, supported by a robust Chaikin Money Flow indicator, have helped cement its upward trajectory.
Investors might see further gains if CC surpasses $0.164 to retest its prior peak or break new records. On the downside, a profit-taking pullback could drop prices below $0.150, potentially signaling fading momentum. For those eyeing altcoins with strong technicals, Canton’s current trends are worth monitoring closely.
3. Chilliz (CHZ): Fan Engagement Drives the Rally
Chilliz (CHZ), tied closely to blockchain-based fan engagement, has seen a 29% weekly jump, trading near $0.043 and just below key resistance at $0.044. This rally is partially fueled by Socios’ increased activity ahead of the Super Bowl, expected to bolster platform demand.
If CHZ breaks $0.044, it could climb as high as $0.050. However, selling pressures pose risks, and a pullback to $0.039 may weaken its bullish outlook. With growing uses across sports markets, Chilliz is a standout token worth tracking.
Looking for ways to get involved in blockchain-based fan engagement? Visit Chilliz to learn more.
Final Thoughts: Watch, Learn, and Act
This weekend presents exciting opportunities in the altcoin market, with PEPE, Canton, and Chilliz at the forefront of investor focus. While the crypto market is inherently volatile, staying informed and using data-backed insights can provide an edge as you navigate these trends.
Remember, it’s essential to conduct your own research and consult with financial experts before making any investment decisions.