Cardano Rivals To Buy To Turn $2K To $10K Before Q1 2025
Here are four Cardano rivals that could help turn a crypto investment portfolio from $2,000 to $10,000 before Q1 next year.
While the altcoin looks to have enjoyed its bullish momentum and is now cooling off, other Cardano rivals are just picking up steam and could help investors turn $2,000 to $10,000 before the first quarter of next year.
🪙Polkadot ($DOT )
Like Cardano, Polkadot (DOT) started the year slowly but is now picking up and could end the year on a high. This bullish outlook for Polkadot stems from both a fundamental and technical perspective.
The on-chain analytics platform Token Terminal recently revealed that the monthly transaction count in the Polkadot ecosystem is at an all-time high (ATH). The monthly transactions have increased from around 20 million to 60 million since the beginning of the year.
🪙JasmyCoin ($JASMY )
JasmyCoin is another Cardano rival that boasts a bullish outlook from a fundamentals and technical perspective, indicating that it could enjoy a massive rally to close out this year. With the Bitcoin price reaching, the on-chain analytics platform Santiment stated that JASMY is seeing a significant rise.
Crypto analyst Javon Marks stated that the JasmyCoin price had set new post-breakout highs, climbing approximately 1,500% since breaking out and that the rally might still be far done. With a breakout target of $4.47842, the analyst predicted that there could still be a rally of over 9,000% from its current level.
🪙Avalanche ($AVAX )
Avalanche is also showing signs of an imminent bull run, having recorded a slow start to the year. The crypto is up over 17% in the last seven days and could record a massive rally before the year ends.
Crypto analyst Investing Haven suggested that the $55.54 level is the key area to watch for AVAX as it aligns with Fibonacci retracements. The analyst stated that a beak above that level supports long-term growth, which could pave the way for a rally to triple digits price.