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Analyst Ali Martinez has pinpointed an altcoin capable of delivering up to 1,500% return for investors as the altcoin bull market takes shape.

The altcoin market has experienced a notable surge over the past few days, with many reclaiming new monthly highs following a prolonged period of bearish sentiment. Altcoins bullish optimism was influenced by Bitcoins rebound above $60,000, with prices even touching $66,000 this week.

Notably, this upswing followed the German governments easing of billion-dollar selling pressure, which had hindered Bitcoins upward momentum some three weeks ago.

As the selling pressure has subsided, many altcoins have outpaced Bitcoin in the recovery rally. Among the top 100 assets by market cap, Solana-based meme coin Dogwifhat (WIF) currently takes the lead. It boasts a remarkable 54% seven-day percentage gain.

Worldcoin (WLD) follows closely behind, with a 47% increase. Initially, XRP had been the altcoin with the most impressive seven-day growth, but the ongoing correction has significantly eroded its previous gains.

As the altcoin market prepares for another significant explosion, renowned market watcher Ali Martinez has singled out one token as a candidate for a potential return between 500% and 1,500%.

In a recent post on X, Martinez highlighted that Big Data is a highly lucrative narrative for 2024-2025. He claimed that following in-depth research, he found the OORT token to be a hidden gem with substantial upside potential in this bull market.

Martinez highlighted the projects focus on providing a decentralized cloud solution that offers enhanced privacy, significant cost savings, and AI-driven operations.

Furthermore, the analyst cited technical data on the OORT token chart to support his bullish outlook on the asset. Specifically, he observed that OORT is establishing a bottom after surpassing TD Sequentials resistance trendline, triggered by a buy signal.

At the time of writing, OORT is trading at $0.1473, having dropped 6.2% in the past 24 hours. Although it maintains a 19.30% gain over the past week, the asset remains 21.4% below its monthly high.

Meanwhile, Martinez has identified $0.20 to $0.27 as short-term targets for investors to keep an eye on. Furthermore, he believes that OORT can potentially deliver a substantial return of 5X to 15X for investors.

Notably, this projected growth would put the asset at an unprecedented value of $2.21

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basics opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Top Analyst Says This Altcoin Set to Rally 500% to 1,500% - The Crypto Basic