The cryptocurrency market has been relatively stable over the past few months, with Bitcoin’s price fluctuating between $60,000 and $72,000 over the past three months. However, most cryptocurrency experts believe that the market is preparing for a bull run in 2024.
Many cryptocurrencies, including Bitcoin, are expected to rise significantly in the upcoming bull run, with new coins such as ORACLE MEME (OMEME) expected to double multiple times during this period.
What cryptocurrencies are good to buy today? Here are 5 cryptocurrencies that experts think are worth investing in today:
1. Bitcoin (BTC)
While Bitcoin may not rise several times in the next bull run, its market stability makes it a relatively safe investment option today. Most indicators show $BTC is bullish, and an ETF could be one of the biggest catalysts. BTC has been fairly stable since the SEC approved its ETF. With the approval of the ETF, institutional adoption of Bitcoin is expected to rise, increasing investor confidence. This is one of the many factors that make Bitcoin a good choice today. The current price of BTC is $61,978.
2. ORACLE MEME（OMEME）
ORACLE MEME is a meme coin with real utility, which makes it very attractive. The team is developing real utility products such as a powerful blockchain called ORACLE CHAIN, which is a second-layer network solution. Another product is a meme coin generator for creating meme cryptocurrencies, and a meme launch pad for launching new meme projects. With these utilities, ORACLE MEME is preparing for mass adoption. Since OMEME is still in the pre-sale stage, it has a greater potential to break out in the next round of bull market; therefore, it is a good buy option today. The current price of OMEME is only $0.0003054. The next round price of OMEME is $0.00037687.
3. Dogecoin (DOGE)
Dogecoin is a long-standing meme coin. Its stability over the past few years says something about this meme coin. At the time of writing, the price of Dogecoin is up 87% over the past year. The rapid growth in Dogecoin network usage over the past few months suggests that a bull run could be in the future. Therefore, $DOGE is another cryptocurrency to watch today. The current price of DOGE is $0.1227.
4. Avalanche（AVAX）
Avalanche has gained popularity for its highly scalable and low-cost network. However, its recent updates could spark a bull run. The Durango upgrade is a major development. The upgrade enhances the efficiency and interoperability of the Avalanche (AVAX) network. Features such as the teleportation tool, coupled with this upgrade, make Avalanche one of the most promising cryptocurrencies in 2024. The current price of AVAX is $28.30.
5. Kasper (KAS)
Kasper entered the crypto market in 2021 with its revolutionary approach to solving the blockchain trilemma. With its GHOSTDAG protocol, the crypto project has attracted crypto investors, and 2023 has seen major developments such as the move to ASIC miners. With smart contract features like Rusy Kaspa and expectations of reaching 10 blocks per second, Kasper (KAS) is undoubtedly one of the cryptocurrencies to watch in the next bull run. The current price of KAS is $0.1797.
Final Thoughts
The cryptocurrency market outlook for 2024 is promising, and these five currencies could be the best performers in the next round of bullish sentiment. Older coins like Bitcoin and Dogecoin are also expected to bring good returns to cryptocurrency investors in the next bull run.
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