🔥These 5 Altcoins Are Heating Up for 2024🔥
🔥Immutable X ($IMX)
No GameFI project beats Immutable X. I think ETH and ETH L2s will be popular in early 2024, and it benefits from being an ETH layer 2. Since I had a huge bag, I set an aggressive dip target. You may want to raise it.
The Immutable zkEVM in conjunction with Polygon and employing POL 2.0 tech stack will fuel IMX's growth. One of my strongest plays.
🔥BEAM ($BEAM)
BEAM is an AVAX subnet but will switch to Polygon next year. The gaming-focused network (L2) has a massive treasury and will buy back and burn BEAM as the bull run continues and their assets make money. BEAM deep dive Here
🔥Solana ($SOL)
SOL is the #1 “competitor” to ETH after a tremendous run-up. However, the price gain has been too rapid and steep, creating an imbalance where other bets have superior bull run possibilities at the time of writing.
I feel SOL has a 7–10X bull run potential, but $MATIC, $IMX, and others have far higher chances. I sold most of my SOL bag and cycled into some of these bets, but would buy back in if prices reach $85 again.
🔥Arbitrum ($ARB)
Arbitrum is the top ETH L2 by practically every statistic and the 3rd largest chain by TVL (excluding Tron) with $2.4B. It tops Solana on all metrics except daily transaction volume, where it is close. Its market cap is less than $2B, compared to $3.3B for Optimism and $9B for Polygon. Although I dislike their tokenomics and inflation measures, the imminent ETH and L2 story might drive $ARB to the moon.
🔥Polygon ($MATIC)
Markets underestimate Polygon 2.0. The supernet tech stack will produce an ETH L2 with global liquidity, massive scalability, and easy connection with other chains. Tokenomics is great too. I've loaded a massive bag and will add dips in early 2024. Dig into Polygon 2.0.
