đ Altcoin Season Ignites: Ethereum Eyes $5K & These 2 ICOs Could Explode Next
Ethereum's bull run isn't just heating upâit's melting the charts. As ETH flirts with $5,000, the altcoin market wakes up screaming for attention. Two ICOs are positioned to ride the wave, while TradFi bros scramble to justify their 2% bond yields.
### The $5K ETH Effect: Altcoins Enter 'Send It' Mode
When Ethereum rallies, the whole crypto ecosystem gets a caffeine hit. DeFi tokens, Layer 2 solutions, and even meme coins start pumping like they've got something to prove. This isn't just a rallyâit's a liquidity tsunami.
### ICOs to Watch: The Contenders
While ETH dominates headlines, two under-the-radar ICOs are building momentum. One's a DeFi protocol that actually solves a problem (shocking), the other leverages AI in ways that mayâor may notâbe legal in three jurisdictions. Both smell like early-stage opportunities.
### The Cynical Take
Let's be realâhalf these altcoins will crash harder than a crypto influencer's credibility. But with ETH at $5K? The FOMO is real enough to mint some temporary millionaires. Just don't be the bag holder when the music stops.
Ethereum Eyes $5,000 as Positive Momentum Builds Up
Trading volumes in the past 24 hours have jumped by 19% and currently sit at $62 billion, accounting for more than 10% of the tokenâs circulating supply.
In the past 7 days, nearly $830 million worth of short positions have been wiped out by the latest rally. This created strong buying pressure for the token as the asset had to be bought back to close these open positions.
The weekly chart shows how close Ethereum is to retest its current ATH at $4,891. Positive momentum has been steadily increasing as shown by the Relative Strength Index (RSI).
This indicator is about to enter overbought levels, indicating that the trendâs strength is at a high point.
The Pectra upgrade has improved the EVMâs operational framework and has made the network much more scalable and efficient than it was months ago. Moreover, the U.S. government has now adopted a pro-crypto stance that favors a bullish outlook for the entire market.
With these tailwinds blowing in its favor, ETH could soon enter uncharted territory.
As altcoin season kicks off, the best crypto presales of the year like Bitcoin Hyper (HYPER) and Maxi Doge (MAXI) could offer an even higher upside potential than well-established tokens like Ethereum.
Bitcoin Hyper (HYPER) Raises Nearly $9M to Launch its Solana-Based L2
Bitcoin Hyper (HYPER) will kickstart the beginning of a new era for BTCFi by introducing a powerful layer-2 chain through which BTC holders will be able to stake, earn yield, and lend their assets without leaving the bitcoin network.
Through the Hyper Bridge, investors can safely send BTC to a designated wallet address in the Bitcoin blockchain and receive the corresponding amount of tokens in the Hyper L2. Once in there, they can make payments, mint meme coins, and access DeFi applications at a low cost.
Once top wallets and exchanges start to embrace this solution, the demand for its utility token $HYPER will skyrocket. To buy this token at its discounted presale price, simply head to the Bitcoin Hyper website and connect your wallet. You can swap SOL, USDT, or ETH for it or buy it with a bank card.
Maxi Doge (MAXI) Takes Over the Meme Coin Space by Storm with Its âUp Onlyâ Attitude
The presale event for Maxi Doge (MAXI) was recently launched and, in just a few days, it has already raised $830,000.
This dog-themed token embraces the âgreen onlyâ hype that typically comes alongside a crypto bull market.
A portion of the proceeds raised by the presale will be used to make Leveraged bets on promising tokens. $MAXIâs goal is to get out of momâs basement and this market is his best chance to achieve that.
No stop loss, no fear, no red candles allowed.
Visit Maxi Dogeâs official website to buy this token before its next price increase. Connect your wallet and follow the instructions. Both crypto and fiat payments are supported.
The post Best Crypto to Buy Now: Altcoin Season Starts as Ethereum Nears $5,000 â These Two ICOs Stand to Gain appeared first on icobench.com.