The cryptocurrency market is experiencing an upward momentum, attracting investors seeking high-growth opportunities. With a bullish outlook, these four altcoins worth buying stand out and are expected to deliver 10x returns by the end of 2024. These assets have bright prospects and are the top investment options in the current market cycle.
Top 4 altcoins to buy that could yield 10x returns by 2024
As 2024 draws to a close, the cryptocurrency market has experienced a massive price increase, signaling a bullish trend. Amid this, several altcoins have gained attention for their potential to deliver massive returns. Here are four altcoins that could increase 10x in value by the end of the year.
XRP
XRP prices have surged 95% over the past week, to $2.60, led by a broader market rally. The growth can be largely attributed to Ripple’s ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), which is nearing a resolution in Ripple’s favor.
Additionally, the decentralized features of the XRP Ledger continue to attract investors’ attention. Ripple’s upcoming RLUSD stablecoin has further added to the optimism. If the momentum continues, XRP may soon surpass the $3 mark, bringing it closer to its all-time high of $3.84. Given its recent performance, XRP will become one of the best altcoins to buy, with a potential 10x return by the end of 2024.
Oriel One
Aureal One has quickly attracted attention in the cryptocurrency space with the presale of its innovative Metaverse platform. The platform seamlessly merges blockchain technology with immersive virtual experiences, creating a dynamic ecosystem connecting games, the Metaverse, and real-world applications. It is powered by the Aureal One blockchain and consists of two main projects:
DarkLume and Clash of Tiles. These projects aim to provide users with engaging, interactive experiences, drive development, and foster communities within the Metaverse. Aureal One, listed at $0.005, is a promising investment in the growing virtual reality space.
Ivy (HBAR)
Hedera (HBAR) has seen impressive growth recently, with its price increasing by 50% in the past 24 hours. Currently, HBAR price is $0.3508. The coin has surged 172% in the past week, making it one of the best-performing coins in the cryptocurrency market. This significant growth makes Hedera one of the top altcoins to consider, with the potential to achieve 10x gains by the end of 2024.
Hedera’s recent surge in price could be indicative of broader bullish momentum. The token is steadily approaching its all-time high of $0.5701 set in September 2021. The price is currently 36.99% below the peak, and many analysts believe that the network’s continued development and adoption could propel Hedera to new heights in the near future.
Polkadot (DOT)
Polkadot (DOT) is an open-source sharded multi-chain protocol that has seen impressive growth recently. The price of DOT has surged 15% and is currently trading at $9.86. Over the past week, DOT has gained 30%, making it one of the best performing altcoins. With this strong momentum, Polkadot is being touted as a potential 10x investment opportunity by the end of 2024.
According to Coinglass Data, DOT price has seen a sharp increase in both volume and open interest, indicating increased investor participation and attracting the attention of cryptocurrency traders and investors.
Investing in these four altcoins could yield solid returns by the end of 2024, especially if the market continues its bullish trend. However, be sure to assess the risks and conduct thorough research before making any investment.
