The anticipated crypto bull run has investors closely watching top digital assets showing strong weekly performances. Recently, with the surging in value, these cryptocurrencies are positioned to double in price as market sentiment improves potentially. Enhanced by renewed investor interest, these digital coins could grow substantially over the next week.
5 Promising Cryptos with Doubling Potential by Next Week
Crypto bulls eye potential gains as Bitcoin steadies above $70K this November. Five promising altcoins could double soon, signaling market momentum.
Dogecoin (DOGE)
Dogecoin (DOGE), the well-known meme-inspired cryptocurrency featuring the Shiba Inu dog from the viral “Doge” meme, has recently experienced a significant price boost. Over the past week, the value of DOGE rose by 20%, reaching $0.167. This increase highlights the growing appeal of Dogecoin, which has recorded a 150% surge over the past year.
Data suggests a sharp rise in whale transaction trades exceeding $100,000 beginning in late October. This spike indicates substantial activity from major holders, signaling heightened interest and possible further movement in the Dogecoin market. As Dogecoin gains attention, investors continue to watch this cryptocurrency, anticipating the potential for further growth in the coming weeks.
Source- Santiment
Sui (SUI)
Sui, an advanced Layer 1 blockchain and smart contract platform, continues gaining recognition for its secure, fast, and accessible digital asset management. This year, Sui’s price surged by 378%, supported by its increasing Total Value Locked (TVL) to $1.04 billion. Recently, the SUI price reached $2.08, marking a 2% increase and indicating strong buy potential.
With this upward momentum, Sui is now seen as a promising altcoin, sparking growing confidence among investors. Its efficient blockchain solutions and rising valuation underscore Sui’s potential to become a prominent player in the rapidly evolving crypto market.
Source- DeFiLiama
Popcat (POPCAT)
Popcat (POPCAT), a Solana meme-based cryptocurrency, has skyrocketed by a staggering 10,330% since its debut, drawing significant investor interest. This week, POPCAT surged by over 14%, reaching $1.69. The strong, consistent growth has attracted attention across the market, with investors now eyeing its potential as market optimism rises.
POPCAT’s steady climb has brought it near the critical resistance level of $1.8. If this momentum holds, the price of POPCAT may reach the $3.2 mark by next week, signaling a possible market recovery. This rapid gain suggests that POPCAT could offer substantial returns to early investors.
Source: TradingView
Ethena (ENA)
Ethena (ENA), a synthetic dollar protocol on Ethereum, is revolutionizing decentralized finance by introducing the “Internet Bond,” a dollar-indexed savings tool. Free from traditional banking systems, Ethena Labs partners with industry leaders to promote stable, accessible digital finance.
The ENA is priced at $0.3782 after an 11% daily rise. Ethena shows strong potential for further growth, possibly doubling its value soon, doubling it to $0.76 next week.
ENA Price chart
Cardano (ADA)
Cardano (ADA), a prominent third-generation blockchain, has captured attention with its energy-efficient proof-of-stake (PoS) mechanism, setting it apart from traditional proof-of-work systems.
Over the past year, the value of ADA has climbed 24%, reaching $0.3604. If ADA can surpass the $0.4 resistance level, there is a potential bullish reversal. This breakout could propel ADA toward its next significant resistance level at $0.72, setting the stage for an upcoming rally.
Cardano’s (ADA) social volume and price show a strong correlation, with spikes in social activity often accompanying price shifts. This trend highlights the influence of community sentiment on ADA’s performance, providing potential insights for traders monitoring social engagement and market behavior.
Source- Santiment
With the current bullish sentiment in the crypto market, these five coins could see substantial price increases within a week. Traders and investors closely monitor these assets for their strong performance potential, fueled by the recent uptrend.
The post 5 Crypto That Could Easily Double By Next Week appeared first on CoinGape.
