Did Trump's assassination kill the bear market? These altcoins are expected to see a significant bullish rebound

After the shooting incident involving former U.S. President Trump, the recent Bitcoin market has surged. As of July 15, at the time of writing, BTC has surpassed $63,000, currently quoted at $63,085, marking an increase of nearly 9% since last weekend's attack. Some commentators have remarked, "Trump's assassination has killed the bear market and brought back the bull market." The rise in Bitcoin has also led to a rebound in other cryptocurrencies (altcoins).

As the market gradually strengthens, many analysts and investors are beginning to predict the approach of a bull market and altcoin season. In this context, investing in altcoins with strong fundamentals, innovative technologies, or unique application scenarios has undoubtedly become a focal point for many investors.

In the past month, the cryptocurrency market has experienced significant volatility, accompanied by a decline in altcoin prices and continuous negative announcements from regulatory agencies, making the first half of 2024 a tumultuous period. With the start of the second half of the year, some altcoins are showing signs of potential bullish performance in the coming months.

Here are some altcoins worth paying close attention to, as they are seen as potential investment targets for the present and future due to their respective advantages, and are expected to welcome a bullish rebound in the second half of 2024.

ETH: Ethereum (ETH) has seen a price increase of 21.19% in the past month, breaking through multiple resistance levels. Year-to-date, ETH has grown by 54.68%, demonstrating strong bullish potential. The recent approval of a spot ETH ETF by the U.S. SEC has triggered a price surge, allowing ETH to break the $3,000 resistance level. Analysts predict that ETH's market price will reach $4,000 in 2024.

TON: The native token of the Open Network (TON) blockchain, TON has attracted market attention multiple times over the past two months. With the rapid development of the TON ecosystem this year, TON shows potential for future bullish performance.

UNI: Despite facing a lawsuit from the SEC, Uniswap has had a challenging first half of 2024, yet it has achieved new milestones this year, with UNI's annual price soaring by 129.73%.

PEPE: The frog-themed meme coin PEPE has garnered widespread market attention in recent months. Since the beginning of the year, PEPE's price has surged significantly, reclaiming its position as the third-largest meme coin in the cryptocurrency market.

LTC: Litecoin (LTC) has gained market attention due to a surge in on-chain activity. Although its price has dropped in the past month, the number of transactions and wallet addresses has increased significantly.

MATIC: The native token of the Polygon blockchain, MATIC, performed modestly in the first half of the year, but the community recently announced a funding plan of up to 35 million MATIC, indicating future potential.

SOL: Solana (SOL) has seen a price increase of 6.44% in the past month and has received widespread attention, especially regarding discussions about ETFs.

FLOKI: As one of the well-known meme coins, FLOKI has seen a monthly price increase of 45%, reaching an all-time high. FLOKI's native Name Service has recently launched, showing further upward pressure.

SHIB: Shiba Inu (SHIB), as the second-largest meme coin, has seen a recent price drop, but it has significantly increased by 117.36% over the past six months, consistently attracting investor attention.

XRP: Ripple has faced scrutiny from regulatory agencies in the first half of 2024 and launched its stablecoin "Ripple USD" (RLUSD) in April 2024, drawing market attention.

It is expected that the cryptocurrency market will witness several developments leading up to the end of the year. Despite increased scrutiny from regulatory agencies, community members remain optimistic about cryptocurrencies becoming mainstream.

These altcoins not only play an important role in advancing blockchain technology but may also exhibit tremendous growth potential in the upcoming market recovery. Whether due to their depth of technological innovation, broad community support, or increased market acceptance, they are choices that investors should not miss as they welcome altcoin season.