The recent crypto bull run has paused as some investors started taking profits since most coins were up by double digits from their April lows. This article explores whether the bullish momentum has more room to run and some of the best altcoins to buy if it does.
Why the crypto bull run is here to stay
There are a few reasons why the crypto market bull run has more upside to go this year. The main one, however, is the fact that Bitcoin has formed bullish patterns that may lead to more gains in the coming months.
The chart below shows that Bitcoin price has formed a cup-and-handle pattern, a popular bullish continuation sign. It has also formed a bullish pennant, comprising of a vertical line and a symmetrical triangle.
The cup has a depth of about 30%. As such, measuring the same distance from the upper side brings the price target to $142,080. Such a move would likely trigger more gains among altcoins.
BTC price chart | Source: TradingView
Top altcoins to buy and hold
Some of the best altcoins to buy and hold in the next crypto bull run are Chainlink (LINK), Solana (SOL), Pepe Coin (PEPE), and Virtuals Protocol (VIRTUAL).
Chainlink (LINK)
Chainlink is one of the best altcoins to buy because of its strong fundamentals. It is the biggest oracle network in the crypto industry, securing assets worth over $40 billion across multiple chains like Ethereum and Tron.
Chainlink also runs the Cross-Chain Interoperability Protocol (CCIP), which has become pivotal in the real-world asset (RWA) tokenization industry. Just this week, it took part in a trial for a RWA transaction between JPMorgan and Ondo Finance.
Chainlink partners with some of the biggest companies globally, including ANZ, UBS, and Swift. These partnerships will help it become a major infrastructure provider in the RWA industry.
Read more: Chainlink price prediction: here’s why LINK may surge to $50 soon
Solana (SOL)
Solana is another top altcoin to buy and hold. It has become the most active layer-1 network in the crypto industry in terms of transactions and number of active accounts. For example, its network processed over 1.75 billion transactions in the last 30 days. It also has over $101.7 million active addresses.
Solana has become a powerhouse in the decentralized exchange (DEX) industry, where its protocols have handled assets worth billions of dollars in the last seven days.
On top of this, there are hopes that the SEC will approve spot Solana ETFs, which will lead to more inflows from Wall Street investors.
Pepe Coin (PEPE)
Meme coins will likely do well in the coming crypto bull run because of their popularity and low prices. Historically, meme coins often do better than other mainstream cryptocurrencies when there is a bull run.
Pepe is one of the best meme coins to buy when this happens. It has been around for years, and has survived several booms and busts. It has also become highly popular among traders and investors For example, it had a 24-hour volume of $1.7 billion, higher than that of Shiba Inu, Official Trump, and Bonk, combined.
Read more: Top crypto price predictions: Pepe Coin, Shiba Inu, Cardano
Virtuals Protocol (VIRTUAL)
Virtuals Protocol is another coin to buy because it is at the intersection of the artificial intelligence boom and meme coins. It is a blockchain network that makes it possible for developers to launch AI agents.
AI agents in its network, like GAME, Luna, Ribbita, and VaderAI have become multi-million-dollar asset, and their growth is expected to continue. This explains why the VIRTUAL price has jumped by over 295% from the lowest point in April.
Some of the other altcoins to buy in the next crypto bull run are Solana meme coins like Popcat, Dogwifhat, and Fartcoin.
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