After enduring a slump in January, the altcoin domain is showing signs of a bullish rebound. Price surges across various projects have caught the attention of savvy copy traders, with IOTA, Meme Moguls, and ORDI poised for potential breakouts in the coming weeks. Here’s an in-depth analysis of why these particular projects are being added to copy traders’ portfolios.

IOTA’s Shimmer staging network made headlines with its $1 million airdrop last week, aimed at fostering growth in the ShimmerEVM ecosystem. The initiative, however, has seen mixed results. Despite the excitement, the price of IOTA remains unaffected, partly due to scam attempts linked to the airdrop campaign. Vigilance has been urged by the Shimmer team to the IOTA community, in an effort to combat these fraudulent activities.

Despite these challenges, IOTA has seen an 8.9% price increase over the past month, coupled with a spike in daily trading volume. This suggests that investor confidence remains unshaken and that a price rally could be on the horizon as the project regains its footing.

Rebounding from a January correction, ORDI’s price has risen by 8.93% over the past week, pushing its market capitalization over the $1.3 billion mark. The cryptocurrency’s recent listing on Binance has set the stage for further growth. Market analysts project that ORDI could ascend into the top 50 cryptocurrencies by the end of the first quarter and potentially break into the top 20 by mid-2024.

However, trading at $67, ORDI faces a critical resistance level that dates back to January’s peak. This could lead to a price correction if bearish pressure mounts, presenting a crucial juncture for the altcoin in the near term.

Meme Moguls has garnered significant attention as its presale phase comes to a close. With the MGLS token set to hit Uniswap on February 28, anticipation is building among investors. The presale has already witnessed a 90% increase in token value, from $0.0019 to $0.0036, and has raised $2.2 million to date.

Investors still have a chance to participate in the presale, which offers a 30% purchase bonus. In addition, the upcoming game preview is expected to showcase the project’s virtual stock market and other unique features to potential investors.

Should the final stage of the presale sell out, experts predict a further increase in MGLS token value, with several all-time highs expected post-listing, making it a hot commodity in the current altcoin season.