Keep your eyes peeled on the crypto market! If Bitcoin manages to pull off a surprise and rocket from around $80,000 to a whopping $100,000 by the end of the week, we could see some major moves in the altcoin space. This kind of jump might just be possible now that the FOMC wrapped up its two-day meeting. Thinking about which cryptos could benefit? Pepe, BNB, and TRX are a few that look particularly interesting.

Crypto coins to 3X Portfolio if Bitcoin Price Hits $100k

Bitcoin’s price was hovering around $83,750 on Wednesday, so we’re talking about needing a nearly 20% leap from there to reach the magic $100k mark. Sounds ambitious, right? But it’s definitely within reach, especially if the Federal Reserve adopts a more relaxed approach coming out of their meeting. If this positive vibe takes hold, keep a close watch on Pepe (PEPE), BNB (BNB), and Tron (TRX) – they could be your tickets to potentially 3x gains.

Pepe (PEPE)

Pepe is definitely one to watch if Bitcoin makes that $100,000 leap by the week’s end. What’s really exciting about Pepe right now is what the charts are telling us – the technical indicators are suggesting a strong upward trend could be brewing in the coming weeks.

Looking at the daily chart, Pepe seems to have found a solid bottom around $0.000005920 this month. Interestingly, this level lines up with lows we saw back in May and August of last year, which could mean we’re seeing a bullish double-bottom pattern forming. The potential neckline for this pattern is around $0.00002835, which is almost a 300% increase from where Pepe is currently trading!

Adding to the bullish picture, Pepe’s price has also carved out what’s known as a falling wedge pattern. This could be a reason why we’re hearing whispers about big investors, or “whales,” starting to scoop up Pepe. So, when you combine whale accumulation with these bullish chart patterns – a double-bottom and a falling wedge – it really points towards a potentially significant price surge for Pepe soon.

Tron (TRX)

Don’t forget about Tron, created by Justin Sun! It’s another crypto that could really take off if Bitcoin hits $100,000. The case for Tron is strong – it’s got solid foundations, especially with Sun exploring the idea of bringing a wrapped TRX to the Solana network.

What’s also working in Tron’s favor? They’re consistently burning coins, which is actually leading to a decrease in the total supply each year. As you can see in the chart, the number of TRX tokens circulating is steadily shrinking. Plus, Tron is now positioned as one of the most profitable players in the crypto game, second only to Tether, and its staking rewards have been climbing nicely in recent months.

And here’s another interesting tidbit: Donald Trump’s World Liberty Financial seems to be accumulating TRX tokens! Plus, the SEC recently dropped their charges against Sun, which is definitely a positive sign. All these factors combined suggest Tron could be gearing up for a significant comeback and potentially even reach new all-time highs soon.

BNB (BNB)

BNB definitely deserves a spot on the list of top cryptos to consider buying. From a technical perspective, as CoinGape pointed out previously, it looks like BNB has formed a classic cup and handle pattern. This pattern often suggests further upward momentum, with targets potentially reaching around $1,100 – a good jump from its current price of around $650.

Beyond the charts, BNB also has strong underlying fundamentals. It’s making a play to challenge Solana and Ethereum in the decentralized exchange (DEX) arena. Data from DeFi Llama shows that BNB’s DEX volume is leading the pack this week, boosted in part by the recent surge in Mubarak coin. Looking ahead, the BNB network is also slated for a Pascal hard fork this week, with two more upgrades planned by June. These upgrades could really fuel its growth and price potential.

Summary on the Best Cryptocurrency Coins to Invest

If Bitcoin manages to bounce back and hit $100,000 later this week, we’re likely to see a ripple effect across the crypto market. Beyond Tron, BNB, and Pepe, there are other solid contenders to explore, like IOTA, Polkadot, and Kusama. Keep an eye on the market – things could get interesting!

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crispus

Crispus is a seasoned Financial Analyst at CoinGape, bringing over 12 years of experience to the table. His expertise is focused on Bitcoin and other altcoins, providing insightful analysis at the intersection of market news and trends. You might have seen his perspectives featured on reputable platforms like BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.