đTop crypto to look out for last week before 2024
The crypto landscape has been a wealth creator in 2023, especially during December, with traders and investors witnessing remarkable gains. Notably, Solana's SOL and its altcoins have been key players in this ongoing bull run. Amidst this surge, a crypto analyst, DeFi Investor 'X', has shared a watchlist with insights into potential movers for the last week of 2023.
1. Bitcoin (BTC): Eyes on the Spot ETF Discussions đ
BTC takes center stage as ongoing discussions between the Securities and Exchange Commission and asset managers revolve around the spot Bitcoin ETF. The recent SEC suggestion to finalize changes in the ETF application by week's end could trigger significant price movements, reminiscent of previous approvals leading to notable surges.
2. METIS: Gearing Up for Growth đ
METIS enters the spotlight with substantial developments on the horizon. The impending launch of a $270 million ecosystem fund and a network upgrade in Q1 position METIS for potential growth. Analysts are closely watching for favorable movements as these developments unfold.
3. Avalanche (AVAX): Following Solana's Lead đš
Drawing parallels with Solana's success, Avalanche (AVAX) is anticipated to witness heightened activity following SOL's recent surge. Market participants are keenly observing AVAX for potential price movements in the coming days, considering its historical correlation with SOL.
4. dYdX: Unlocking Potential with $100M Tokens đïž
Come January 1, 2024, dYdX is set to unlock $100 million worth of tokens. The distribution among the team and investors could introduce dynamics impacting the token's price and market conditions. Investors are advised to monitor this unlocking closely for potential shifts.
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