With CZ's imminent release, the crypto market is buzzing with anticipation.
 
Today, we're going to explore some hidden gems that could be on the verge of a major breakout. In this video, we'll explore some promising altcoins that might experience a significant surge following CZ's return.
 
By the way, if you're interested in learning about DeFi and discovering innovative projects, you may want to check out our 'Mastering DeFi' course. It's designed to help you understand DeFi in a fun and easy way, with lessons that you can access immediately. Now let's get started!
 
Changpeng Zhao (CZ), the founder of Binance, holds a significant influence over the cryptocurrency market. His return is anticipated to spark a wave of positivity and renewed confidence in the industry.
 
CZ's return could lead to new initiatives or partnerships from Binance, which could benefit the altcoin ecosystem. For example, the exchange might launch new trading pairs or introduce innovative DeFi products.
 
CZ's release could trigger a positive ripple effect across the broader crypto market, leading to increased demand for altcoins as investors seek out potential winners, which is why we will be looking out for altcoins that could give some 50x to 100x returns.
 
So guys, let's start with BNB. Binance Coin is the fundamental token used in the Binance ecosystem. It was originally launched as the native cryptocurre ncy to pay lesser trading fees. This has made BNB emerge as the token for various dApps.
 
While BNB’s price hit a new all-time high afterward, CZ’s anticipated return on September 29 appears to drive surging interest in the cryptoc urrency.
 
According to Santiment, BNB’s Open Interest (OI) was under $325 million last Friday. As of this video, OI has risen to $342 million, indicating that market participants are increasing their positions and gaining more exposure to the coin.
 
After a brief dip, the cryptocurrency managed to rebound from the $487 support level. This bullish move indicates that buyers are actively defending the crucial price floor, a sign of confidence in the token's long -term prospects.
 
Recall that BNB's rally to $603 in July was largely fueled by a similar display of buying pressure at the $487 support. The current price surge, which has brought the token near the 20-day Exponential Moving Average (EMA), suggests that a similar pattern might be unfolding.
 
If bulls can successfully push BNB's price above the 20-day EMA, the path to $631 could be open. This bullish scenario is further supported by the possibility of CZ, Binance's CEO, being released from jail. Such a development could ignite a significant buying frenzy, potentially driving BNB's value up to $724.
 
Overall, the technical indicators and market sentiment point to a positive outlook for BNB. The cryptocurrency's ability to recover from recent downturns and its proximity to key resistance levels suggest that a sustained uptrend is likely.
 
So guys, let us move to the next altcoin for some potential after CZ release, Simon’s Cat Meme. Inspired by the iconic Simon's Cat animation, this meme token captures the playful spirit of everyone's favorite feli ne.
 
In just the last 24 hours, Simon Cat (CAT) has rapidly climbed the ranks to become the top-trending token and become #1 on CoinGecko. At the time of this video, the price of CAT had rapidly grown 54.7% and reached $0.00001138. According to CoinGecko's data, the market cap value of CAT is $181 million.
 
Adding to the buzz, LBank Futures launched a new SimonsCat (CAT) perpetual contract settled in USDT, allowing traders to speculate on CAT’s price  with no expiration, which started on August 23, 2024.
 
Unlike many other crypto meme coins, Simon's Cat already has a built-in fan base — excellent news for investors looking for popular coins to buy. Not only are there 20 million people who love Simon's Cat, but the CAT token is also bei ng airdropped to countless FLOKI holders.
 
This creates a lot of hype that may propel CAT prices upward. Market sentiment trackers on CoinMarketCap show a bullish outlook, with high expectations that CAT’s price will keep rising.
 
IBCIG thinks Simon’s cat coin is undervalued, especially on the Binance Smart Chain (BSC). They’ve noted how it’s held up even when the market has been rough, and they see a chance for it to bounce back strong, particularly with Binance CEO Changpeng Zhao (CZ) possibly making moves soon.
 
Experts are optimistic about CAT’s recent climb above $0.000028, viewing it as a potential signal of an upcoming bullish trend. He thinks t hat if interest in CAT continues to grow, the token could eventually hit a billion-dollar market cap.
 
Up next guys we have Pendle Finance. Pendle is a protocol situated within the decentralized finance (DeFi) ecosystem, focusing on the innovative concept of tokenizing and trading future yield.
 
This protocol introduces a unique approach to handling yield-generating assets by allowing users to separate the ownership of the underlying asset fr om its future yield. Through this separation, Pendle enables the creation of new financial instruments that can be traded on its platform.
 
Pendle’s recent progress, such as smart contract updates and strategic partnerships, marks its growth and commitment to innovation. Will these developments increase the value of $PENDLE? Well, we will know soon.
 
$PENDLE is becoming unstoppable after taking a breakout from $2.2. If the bullish trend continues, we are likely to reach our next target of $5.47.
 
Investing in Pendle offers a unique opportunity in the DeFi sector. Pendle’s approach to tokenizing and trading future yields allows for flexible management of yield-bearing assets, enhancing investment portfolios.
 
Conducting own research is crucial for potential investors to understand the Pendle market cap and the dynamics of its price movement.
 
Pendle’s ecosystem shows strong community trust, with impressive TVL, market cap growth, the CZ situation and endorsements from in dustry veterans like Arthur Hayes. These factors and high yields make Pendle a compelling investment in innovative DeFi projects.
 
Let us move on with PancakeSwap as the 4th altcoin project. Pancakeswap was originally built on the BNB Chain and allows users to trade tokens without using a centralized exchange.
 
It has a native token called CAKE, which primarily functions as a governance token but can also be used for staking and other DeFi-specific actions. PancakeSwap offers various features, including trading, earning, and winning, enabling u sers to instantly swap crypto tokens without requiring registration or an account.
 
PancakeSwap has launched its gaming marketplace, creating a GameFi revolution with the potential to attract both gamers and game developers. Following the launch of Pancake Protectors, PancakeSwap created a ma rketplace specifically designed to attract GameFi developers. Ahead of CZ’s release from prison, investors expect Bpancake protectors to surge in popularity.
 
If the crew behind the DeFi project employs community-building initiatives and welcomes imperative collaborations and ado ptions. The price of CAKE could ascend to a maximum of $5.99 by the annual closure of 2024.
 
Also, if it can provide complete integration of the NFT-based platform with the actual business world. It would be easier for companies to use NFTs. By the next three years, PancakeSwap might reach a maximum of $7.12.
 
And finally, guys, we have TrustWallet. Trust Wallet is the top option for crypto investors looking to diversify their portfolios securely. Since it is a non-cu stodial wallet, Trust Wallet gives you full control over private keys, providing a PIN and a backup phrase. Let's leave that, cause that's not why we are here.
 
Trust Wallet launched its own token under the ticker TWT on the Binance Smart Chain (BSC) to encourage and incentivise its users. The trust wallet token wa s created to give these users extra value, and the project noted there is no extra utility outside of the wallet’s ecosystem.
 
For those who do not know, holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocur rency purchases and on the use of decentralized exchange (DEX) services.
 
TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app.
 
Trust Wallet is a subsidiary of Binance and is often seen as a trusted and secure option for storing cryptocurrencies. If CZ's release boosts Binance's reputation and user base, it could also lead to increased adoption of Trust Wallet and its native token, TWT.
 
The overall sentiment in the cryptocurrency market can significantly impact the price of TWT. If the broader market is experiencing a bullish trend, a positive event like CZ's release could further fuel the upward momentum for TWT.
 
Remember, always do your research before investing. The crypto market is volatile, and past performance doesn't guarantee future results.
 
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