Discover three altcoins that are showing potential for significant growth in August 2024, according to recent market trends and performance metrics.
Points
- Undead Games （UDS） has seen a rise due to strategic partnerships.
- zKML is performing strongly in the AI sector with a significant increase.
- Lumerin （LMR） shows promise in the Real World Asset （RWA） space.
As the crypto market recovers over the past month, several altcoins have emerged as potential high-growth assets. BeInCrypto has identified three hidden gems that could continue their upward trajectory in August 2024.
Undead Games （UDS）
Undead Games has experienced a notable rise, becoming a leading asset in the gaming sector. The protocol has established partnerships with major names such as Warner Bros., Immutable X, and Machinations, enhancing its credibility. Over the past month, UDS has surged by more than 222%, trading at $1.70. Despite a recent decline, the long-term outlook remains positive, especially if it can turn $1.88 into a support level, potentially forming a new all-time high.
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zKML （ZKML）
zKML is making waves in the Artificial Intelligence （AI） sector, outperforming major altcoins like NEAR Protocol and Render （RENDER）. The token has risen by 394% in the last month, currently valued at $0.2959. This performance has secured $0.2605 as a support floor, with potential to reach $0.3467. If zKML maintains its momentum, August could see continued growth for this AI-focused altcoin.
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Lumerin （LMR）
Lumerin is gaining attention in the Real World Asset （RWA） space, having increased by over 142% in July. It is close to converting its resistance at $0.026 into a support floor, which is crucial for its sustained growth. Successfully doing so could propel LMR beyond $0.030 towards $0.040. However, the market’s dynamics could impact its progress, with a potential fall to $0.010 if support at $0.020 is lost.
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解説
- Undead Games （UDS）: The rise of Undead Games is attributed to its strategic partnerships, which provide a strong foundation for growth. The token’s recent performance and potential to establish new support levels make it a noteworthy contender in the gaming sector.
- zKML （ZKML）: zKML’s impressive performance in the AI sector highlights the increasing interest in AI-driven blockchain solutions. The token’s strong support and potential for further gains indicate a robust market position.
- Lumerin （LMR）: Lumerin’s position in the RWA space and its ability to potentially flip resistance levels suggest significant growth opportunities. Monitoring its support levels will be crucial for understanding its long-term prospects.