3 Potential Altcoins to Watch in March 2024

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Altcoins such as DOGEai, SIREN, and Nodecoin (NC) are attracting attention as hidden gems to watch in March. DOGEai, built on Solana, leverages multiple trends, including the popularity of Dogecoin and the growing AI trend.

SIREN, an altcoin on BNB, is poised to benefit from the BNB uptrend, while NC is tapping into the emerging DePIN trend by rewarding users for earning money from the internet without using it.

DOGEai (DOGEAI)

DOGEai is an artificial intelligence coin launched on the Solana blockchain. Its market capitalization is $27 million, up 22% in the past seven days.

The project leverages multiple trends, including the widespread popularity of Dogecoin, the growing interest in DOGE (Department of Government Efficiency), and the trend of AI-based cryptocurrencies.

DOGEai price analysis.DOGEai price analysis. Source: TradingView.

It positions itself as "an automated AI agent designed to detect waste and inefficiency in government spending and policymaking," providing bill summaries and detailed spending information.

If the current uptrend continues, DOGEai could challenge the resistance level at $0.048, with potential upside targets at $0.057 and $0.068. A strong bullish trend could push it up to $0.098.

Conversely, if a bearish trend emerges, DOGEai has support at $0.029, and if that level is breached, the price could drop to $0.0119.

SIREN

SIREN is an altcoin on the BNB chain that leverages the crypto AI trend. With BNB gaining momentum – recently surpassing Solana in 24-hour trading volume – some of its altcoins, including SIREN, could attract increasing attention in the coming weeks.

SIREN currently has a market capitalization of around $40 million, over 22,000 holders, and a daily trading volume of $1 million.

SIREN price analysis.SIREN price analysis. Source: Dexscreener.

As interest in BNB continues to grow, SIREN could significantly benefit by positioning itself as a leading AI coin in the BNB ecosystem, currently lagging behind Solana and Base in the AI trend.

If SIREN can establish a strong bullish trend, it could challenge the resistance level at $0.089, and if it breaks above this, it could push further to $0.11. Conversely, if a strong bearish trend emerges, SIREN could test the support level at $0.051, and if that fails, it could drop as low as $0.034.

Nodecoin (NC)

NC is a Solana-based altcoin that serves as the native coin of Nodepay, a platform that allows users to earn money from the internet without using it for AI training and rewards.

NC has increased by 14% in the past seven days, with a current market capitalization of $14.4 million. Jason Brink, CEO of Datagram, emphasized that DePIN coins could be one of the most underrated trends at the moment:

"With the current market sentiment, trends tied to utility and real-world assets are tending to attract attention as investors shift focus back to fundamentals. The DePIN space is particularly well-positioned to attract attention, including projects in decentralized media, edge computing, and AI training. These networks offer significant cost efficiencies and reduce resource waste, making them increasingly viable alternatives to traditional infrastructure models. Furthermore, as the space matures, sustainable token models and specific revenue models not only reinforce the long-term proposition of DePIN but also link blockchain technology to real-world utility," Brink told BeInCrypto.

NC price analysis.NC price analysis. Source: TradingView.

If Nodecoin can build a strong bullish trend, it could rise to test levels around $0.1.

However, if a bearish trend emerges, it could test the support level at $0.056, and if that level is lost, it could drop as low as $0.043.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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