The post 3 Best Cryptos to Buy in Q4 2024 for Maximum Returns, Why Ethereum is Not One of Them appeared first on Coinpedia Fintech News
As Q4 of 2024 approaches, many crypto enthusiasts find themselves reassessing their portfolios. Ethereum, often a staple in many investors’ strategies, is surprisingly absent from the list of top picks for this quarter. The crypto market’s rapid evolution and specific performance indicators suggest other assets may offer better returns in the near term.
Ethereum (ETH) is currently experiencing a challenging phase, with its price showing a concerning bearish trend. Over the past three months, ETH has seen a decline of over 28%, trading around $2,680 as of Thursday, August 29. This downturn is primarily driven by technical indicators and broader market dynamics.
While Ethereum remains a significant player, its current market position doesn’t promise the same explosive potential as other cryptos. Several factors, including market saturation and a massive whale selloff, contribute to its exclusion from the best-buy list this quarter. Instead, three alternative cryptos—Solana (SOL), Pepe (PEPE), and MoonTaurus (MNTR)—emerge as the most promising investments for those seeking maximum returns in Q4 2024.
Solana (SOL): Resilient and Poised for Growth
Solana continues to demonstrate remarkable resilience in the crypto market. Over the past week, SOL has seen a strong upward trend, with its price increasing by 11.97%. This momentum has not gone unnoticed, attracting significant interest from investors.
One notable development is the substantial investment by a prominent whale, who recently staked $4.5 million worth of SOL. This move signals strong confidence in Solana’s future performance and has further bolstered market sentiment around the asset. Analysts predict that Solana is entering a critical phase that could see its value surge by over 33%, potentially pushing the price above $200.
Pepe (PEPE): A Meme Coin on the Verge of a Breakout
Pepe, a meme coin that has captured the attention of the crypto community, is currently navigating a narrow trading range. Over the past month, PEPE has been fluctuating between the $0.00000876 resistance and $0.00000719 support levels. This consolidation phase suggests that the coin is primed for a breakout.
Despite a challenging month that saw PEPE’s value drop by over 20%, the coin’s recent performance indicates a potential reversal. PEPE has shown modest intra-day gains, and technical analysis points to a possible surge if it breaks through the $0.00000876 resistance. A successful breakout could propel PEPE towards the $0.00001267 mark, offering significant upside for investors.
MoonTaurus (MNTR): The Newest Meme Coin Sensation
MoonTaurus (MNTR) stands out as a favourite for those seeking substantial financial returns in the meme coin market. Currently, in Stage 2 of its presale, MNTR is priced at $0.01 per token, offering investors a unique opportunity to secure a high-potential asset at an attractive entry point.
What makes MoonTaurus particularly appealing is its impressive financial performance in its early stages. Phase 1 of the presale sold out, raising $300,000, and Stage 2 is rapidly following suit, with more than $102,000 already raised. With 10,240,854 tokens sold, the demand for MNTR continues to grow, signalling strong investor confidence.
Analysts are optimistic about MoonTaurus’ performance, with a 700% increase in value return on investment guaranteed at launch, as the price rises to reach $0.07. This significant potential return on investment makes MNTR an attractive proposition for both new and seasoned investors. What’s more the meme coin is set to hit $1 by the end of the year, a 100x climb from its current price.
While Ethereum remains a major player in the crypto market, it doesn’t make the cut for the best cryptos to buy in Q4 2024. Instead, Solana, Pepe, and MoonTaurus offer more immediate opportunities for growth and returns. Solana’s resilience, Pepe’s potential breakout, and MoonTaurus’ impressive financial performance create a compelling case for these assets as top picks for this quarter. MoonTaurus particularly stands out with the potential for up to 100x returns by the end of the year. The coin is currently in presale, creating an even bigger upside potential.
Website: https://moontaurus.com/
Linktree: https://linktr.ee/moontaurus
