Top Altcoins to Buy January: SOL, SEI, GMT

Top Altcoin: On Sunday 7th of Jan, the crypto market has been trading the majority as all eyes are set on the potential approval of Spot bitcoin ETFs. This could be a calm-before-the-storm situation as either result of this topic would like to trigger a massive move on the respective side.

However, the current market outlook favors buyers as the U.S. SEC is seemingly near to the approval for the first U.S. spot Bitcoin ETFs, indicated by the recent submission of updated 19b-4 filings from multiple exchanges on Friday.

On January 6th, Bloomberg’s ETF analyst Eric Balchunas expressed optimism on X (formerly known as Twitter) regarding the possibility of the SEC approving a Bitcoin ETF soon. He mentioned,

"Yeah, it’s basically done. The latest I’m hearing (from multiple sources) is that final S-1s are due 8 am on Monday as the SEC is trying to line everyone up for the Jan 11th launch".

As the general market sentiment remains in a state of flux, certain altcoins such as Solana(SOL, SIE, GMT offer new entry opportunities to go long.