The distinctive feature of a bull market is that there will be at least two to three major midway adjustments during the entire process, and the market will continue to rise after each adjustment.
Unless it is the last decline, all previous declines are for better rises. Each rebound will set a new high until the last adjustment, when the bull market will end and a cliff-like decline will occur.
Therefore, it is very important to judge as accurately as possible which decline is for a better rise and which rise is in the final "crazy" period. At this time, do not be afraid of declines, but find as many opportunities as possible. Be sure to try to preserve the principal and select the one with the highest return-to-earnings ratio among many opportunities for heavy investment. In the crazy bull stage when market sentiment reaches its peak, sell the assets built in the early stage of the bull market in stages. Through such cyclical operations, your wealth can achieve a qualitative leap.
Consider investing in three altcoins that are set to see substantial growth by the end of 2024. These altcoins have unique value propositions and market dynamics that offer good investment opportunities for investors seeking attractive returns. Riding the wave of market sentiment and technological advancement, these altcoins are expected to achieve returns of up to 100% by the end of 2024!
The most promising altcoins worth paying attention to at present
1.DOGE
Initially created as a joke, Dogecoin has since risen to prominence in the cryptocurrency world and has been endorsed by prominent figures such as Elon Musk. Dogecoin was born out of a desire to mock the explosive growth of new digital currencies and was inspired by an internet meme featuring a Shiba Inu. Despite its initial parody, Dogecoin has grown a loyal community and found real uses beyond its comedic beginnings. Its simplicity and strong community support have made it a popular choice for online tipping and charity fundraising. Based on a blockchain derived from Litecoin code, Dogecoin facilitates basic transactions and allows users to easily transfer value online.
Currently, Dogecoin is valued at $0.12205, down slightly by 9.17% in the past 24 hours, with a market cap of $17.68 billion. This year, Dogecoin has increased its value by 96.93%, showing the potential for steady growth, making it a compelling investment option. By the end of 2024, Dogecoin could see a return of up to 1,000%.
2. BABY
PEPE is a decentralized cryptocurrency based on the Ethereum blockchain, which originated from the popular Pepe the Frog emoticon on the Internet. Its creators hope to combine Internet culture with the world of cryptocurrency through this project, thereby attracting more young users and Internet culture enthusiasts. Since PEPE went online, it has quickly accumulated a large number of supporters with its unique cultural background and innovative marketing strategies.
PEPE had a rough time at the beginning of this week, but has turned things around. The token has rebounded 17% from Monday's lows to $0.0000114. This rebound erased most of PEPE's losses from earlier in the week. Bullish sentiment has started to pick up across the board after PEPE successfully defended the key psychological level of $0.000010.
3. TREES
As a Meme coin that achieved the epic achievement of “listing on Binance in three days”, BOME can be described as the “miracle in the Meme coin project” this year. BOME occupies an important position in the history of Meme coins, just like DOGE in the past and PEPE last year. The bottom of BOME has obvious benefits, and it will definitely rise explosively. If you hold it firmly, you are expected to achieve high multiple growth in the medium to long term!
Solana has been very popular recently, especially with the upcoming launch of SOL ETF in August and other good news. As a meme coin on the Solana network, BOME is also expected to benefit when SOL rises. In addition, BOME has a legendary story: "It soared in three days and was listed on Binance", which is enough to show the strength of the team behind it, both the project side and the market making team are extraordinary.
In terms of the platform, BOME is currently the cheapest meme coin on Binance. On the 29th of this month, it will also be listed on Coinbase for futures trading, which is worth paying attention to.
Most importantly, BOME is already fully circulated and has been at the bottom after Binance launched the contract! As we all know, after the altcoin is launched on Binance, the price will definitely rise 3-4 times the opening price within one or two years. We believe that BOME can also achieve this goal.