Amidst a sharp pullback in the crypto market triggered by US economic data, traders are seeking altcoins with strong bullish momentum as potential investment opportunities. However, finding strong performers in Friday's bearish market proves to be a challenge.

Bitcoin (BTC) retreated to the low $61,000s on Friday from earlier highs near $64,000, reflecting market uncertainty fueled by concerns about stagflation and hawkish commentary from Fed policymakers. The latest US economic data revealed a slump in consumer sentiment to six-month lows coupled with a spike in inflation expectations, intensifying fears about economic conditions.

Fed policymakers' hawkish remarks, including concerns about tight financial conditions and uncertainties regarding the necessity of rate cuts, have further fueled market apprehension. The money market implied likelihood of no Fed rate cuts by September surged to 39%, indicating growing investor pessimism.

Bitcoin and crypto assets typically thrive in environments of easing financial conditions, making them vulnerable to adverse market sentiment in the face of hawkish indicators. Additionally, the subsiding demand for Bitcoin ETFs and the traditional summer/post-halving market lull suggest a potential sideways trend for Bitcoin prices in the coming months.

In such a volatile market, traders must exercise caution and select altcoins judiciously. Two standout performers amidst the bearish sentiment are Toncoin (TON) and Render (RNDR).

Toncoin (TON) has displayed robust momentum, trading up 7.5% in the past 24 hours and rallying close to 50% from its early May lows. Optimism surrounding the launch of the Telegram-based GameFi token Not Coin (TON) on the TON blockchain and the integration of USDT on the blockchain are driving TON's upward trajectory.

Similarly, Render (RNDR) has defied market trends with a remarkable 60% surge from earlier monthly lows. Render's OctaneX protocol, featured in a recent Apple keynote, has attracted significant attention and propelled RNDR's bullish narrative forward.

For investors seeking even greater upside potential, presale investing presents an alternative avenue. Mega Dice Casino's presale of its utility token, DICE, offers early investors an opportunity to participate in a well-established crypto casino with lucrative cashback benefits and passive income opportunities.

As market participants navigate through turbulent waters, identifying resilient altcoins like TON and RNDR, alongside promising presale opportunities like Mega Dice Casino's DICE token, could offer a path to potential gains amidst the prevailing market uncertainty.