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The 7 best cryptocurrencies for December; spoiler: Bitcoin loses leadership
Bitcoin (BTC) was the star of November. Driven by Donald Trump's victory in the United States, the largest cryptocurrency on the market rose 37% last month, hovering around US$$ 100 thousand. In December, however, it was the turn of altcoins (term used to identify any crypto other than BTC) to shine – especially Solana (SOL) -, according to local players.
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Of the nine houses consulted by the report – including exchanges, alternative investment platforms, managers and research houses -, eight included SOL in their portfolios. Robust metrics, project expansion, creation of memecoins on its network and expectations of an ETF (index fund) on Solana were some of the reasons given for choosing the token.
But SOL was not the only altcoin chosen for the Christmas month. See the 7 cryptocurrencies most recommended by experts for December:
Cryptocurrency No. of recommendations Cumulative return (30 days)
Solana (SOL) 8 35.6%
Bitcoin (BTC) 4 37%
Chainlink (LINK) 3 122.8%
Stacks (STX) 2 61%
Pendle (PENDLE) 2 32.50%
Stellar (XLM) 2 497%
Akash Network (AKT) 2 85%
Sources: Bitget, Foxbit, Mercado Bitcoin (MB), NovaDAX, Empiricus, QR Asset, Hurst Capital, CoinEx and Bitso.
Cutoff date: 12/3/2024, at 9 am