3 Altcoins To Consider Buying For The Next Bull Run In 2024
A bull run is defined as a period where the majority of investors’ demand outweighs supply, buying, market confidence is at a peak and prices are rising. If in a given market you witness prices quickly trending to the top, this could be a sign that the majority of investors are becoming “bullish” which is optimistic about the price increasing further and may mean that you’re looking at the starting point of a bull market. Bitcoin Halving is fueling the next bull run to happen in 2024.
1) Cosmos (ATOM-USD)
Market cap: $4.12 billion
Cosmos (ATOM-USD) is in charge of solving some slow transactions and high-cost problems. It emerged with Tendermint (software) to create an interconnected network of blockchains. ATOM – a native token of Cosmos, is a decentralized network that provides developers with open-source tools to create their own interoperable blockchains. Cosmos is working to become the “internet for blockchain”.
2) Kaspa (KAS-USD)
Market cap: $3.68 billion
Kaspa cryptocurrency was launched in the year 2021 with its implementation of the GHOSTDAG protocol, working on blockDAG for fast confirmation and high block rates. The Kaspa community projects it as a cryptocurrency that unfolds the blockchain trilemma which will stabilize security, speed and scalability. In the year 2023, this project encountered transformational developments including the switch to state-of-the-art ASIC miners.
3) Stellar (XLM-USD)
Market cap: $3.26 billion
Stellar (XL,-USD) is a decentralized, public blockchain that presents developers with tools to create experiences that are more likely cash than crypto. It can be a great altcoin to add to your investment portfolio in this bull run, it is accountable for peer-to-peer connecting the world’s financial system. The biggest aim is to make money move easily and fast.
(DYOR)
