4 Altcoins To Consider Buying For The Next Bull Run In 2024
Market cap: $352.50 billion
Ethereum is one of the biggest altcoins on the crypto market. Of the almost $2.16 trillion that portrays the total market capitalization of the 20,000-plus crypto assets, more than 17% is held in ETH. It is a distributed computing network where users can use the blockchain to run dApps and host smart contracts.
Ethereum critics point to high fees for running transactions. However, ETH is here to stay with thousands of apps and other altcoins powered by its blockchain.
Market cap: $59.55 billion
Solana gained popularity among crypto investors helped by its lightning-fast transaction speeds along with low fees. It is a blockchain platform that is highly focused on overcoming the challenges of speed and scalability faced by many existing blockchains.
On March 4, 2024, it surged by approximately 7% in 24 hours, surpassing the BNB coin and securing a higher rank among the top five cryptocurrencies. Solana has jumped nearly 16.60% in the last seven days.
On May 2, 2024, it surged by approximately 10.12% in 24 hours, but BNB coin surpassed and secured a higher rank among the top five cryptocurrencies due to Solana being down by 8.85% in the last seven days.
Market cap: $0.1294
Dogecoin is a dog-inspired crypto and the original meme token. True to its fame, it has been one of the most highly volatile yet rewarding investments. As of May 2, 2024, DOGE is up by 4.56% in the last 24 hours and is trading at $0.1295.
DOGE has gained ground in network usage over the past year, as it has been up by around 65.35%. On top of that, it’s tough to deny the gigantic community support with the support of industry-notable celebrities such as Elon Musk. I think this crypto is here to stay for a very long time.
