These 3 Altcoins Could Outrun Your Childhood Scooter (Especially #2!) 🚀

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Rumours of a crypto market doze have proved exaggerated: with Bitcoin positively sauntering back above $100,000—like a favourite aunt returning from Monte Carlo after a particularly successful roulette session—a bevy of altcoins are prancing around, eager for their time in the limelight. Network hijinks and development shenanigans abound, promising adventures (both hairy and lucrative) for investors with the pluck to hang on.

In the hallowed spirit of peering into crystal balls before breakfast, the BeInCrypto sleuths have fingered three altcoins worth watching this week. Proceed, dear investor, but mind the banana peels.

Sonic (S) (erstwhile Fantom, but no relation to the opera ghost)

Up 22% since the start of the month and fluttering about at $0.60, Sonic deserves applause. However, it still hasn’t quite shaken off its March mishaps, and the price is behaving like a butler on his first day—nervous, twitchy, slippers on the wrong feet.

On May 15, the much-ballyhooed Sharding feature lands, threatening to make transactions faster and congestion scarcer than hens’ teeth. If this beast delivers, expect Sonic to revive last March’s spirits and waltz up to $0.74. Champagne all around!

Yet, should the rascals begin profit-taking en masse (the fiends!), price could tumble below its princely $0.60 perch. If that happens, we’re in for a swift slip to $0.50—bullish hopes flapping away on the breeze, wallets dabbing their brows in defeat.

Arbitrum (ARB)

ARB, apparently fuelled by energy drinks and a deep-seated need to impress, has soared by 51% over five days and now lounges about at $0.47. The success is impressive, though it did mean missing several brunch appointments.

Now, there’s a spot of trouble ahead: a positively elephantine 92.65 million ARB tokens unlock on May 16, sending $43 million worth of mischievous ARB into the wild. Expect price fireworks—perhaps Roman candles, perhaps duds.

The Ichimoku Cloud (a mystical-sounding technical indicator, much beloved by spreadsheet fetishists) is currently drifting obligingly below the candles, suggesting bulls may yet have the upper hoof. Should the stride continue, ARB could crash the $0.51 gate and gambol up to $0.55. Those cheering from the sidelines, do keep your hats on.

Alas, should the $0.47 floor drop out (as floors are wont to do when token unlocks start stampeding), we might witness a slide down to $0.38, sending bullish narratives scurrying for shelter.

Jupiter (JUP)

JUP is no slouch either, leaping up by nearly 40% and traipsing about at $0.58. But, as with any good party, JUP needs just a little more oomph—a 16% push, to be precise—to reach that ever-enticing $0.68 resistance. Provided, of course, it keeps its dignity and doesn’t slip past $0.57 into chaotic retreat.

This week, the Jupiter Exchange declared that 2.5% of commission from jupSOL trades will be gifted to the Jupiter DAO—a maneuver designed to grease the liquidity wheels and, one presumes, keep spirits high (DAO members are partial to bubbly, after all).

Should this new scheme inspire investor confidence, JUP could hurdle $0.68 with the vim of an Olympic show jumper. Flop below $0.57, however, and it’s probably best to distract oneself with a scone, as the price may slink to $0.47 and make recent gains an unpleasant memory.

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2025-05-12 22:19