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Discover the top 3 altcoins to buy in Feb 2024 with insights from a leading crypto expert!
In the wake of the approval of Spot Bitcoin ETFs, the cryptocurrency market witnessed a surge, propelling Bitcoin beyond the US$45,000 mark. The cryptocurrency market is always evolving, and it can be challenging to keep up with the latest trends. However, Michael Van de Poppe, a prominent crypto analyst and Bitcoin enthusiast, has shared insights on the future trajectory of several altcoins in the space. Here are the top 3 altcoins buy in February 2024:
Solana’s Potential Surge:
According to Van de Poppe’s analysis of the top 3 altcoins, Solana’s consolidation phase followed a significant decline from its 2023 peak of over US$123 to its current value of US$95.81. He suggests that Solana is gearing up for a higher time frame support test at US$80, with the potential to surge to new highs, possibly reaching US$140.
MATIC’s Upcoming Rally:
The crypto analyst delves into the historical performance chart of Polygon’s native token, MATIC. Despite recent underperformance, Van de Poppe notes that MATIC has maintained higher time frame support levels with established liquidity. His forecast anticipates an upcoming upward movement, projecting MATIC’s price to range between US$1.25 and US$1.50, offering investors a potential opportunity. Currently, MATIC is trading at US$0.789, reflecting a 2.39% decline in the past 24 hours.
Chainlink’s Momentum:
Van de Poppe’s attention extends to Chainlink’s native token, LINK, emphasizing its consistent retention of crucial price levels. The analyst predicts an impending upward momentum for LINK, setting a target price of US$25. As of now, LINK is priced at US$14.65, indicating a 0.12% increase in the last 24 hours.
The cryptocurrency market is a dynamic and evolving space, offering a diverse range of investment opportunities, especially for small investors. Among these, several altcoins distinguish themselves, each with unique features and possibility of growth. #
If historical trends in the context of the upcoming halving are confirmed, #Bitcoin will set a new ATH between April and October 2025, the analyst under the pseudonym Ali believes.
He also shared three other observations regarding the halving of miner rewards:
◽️after halving in 2016 and 2020, the rate was adjusted by 30% and 7% within a month;
◽️when a look at the bigger picture shows post-event growth of 11,000%, 2850% and 700% in 2012, 2016 and 2020 respectively;
◽️the duration of the bull market after halving was 365, 518 and 549 days, respectively.
🚀$SOL Solana Blockchain Sees Record Surge in New Addresses in January.
📢Report:The Solana blockchain experienced a significant increase in new addresses during January, according to data from The Block. The network saw a remarkable 18% month-over-month jump, with the total number of new addresses reaching an all-time high of 11.81 million. This surpasses the previous record set in December, which itself marked a multi-month high at the time.
#bonk#snek #Write2Earn Meme Coins In 2024 Merging Meme Culture With GameFi: A New Era In Digital Gamification A New Era In Digital GamificationNew Meme Coins Innovating with GameFi Meme Fighter Bonk Snek Far More Innovation Still to Come with Memes and Game-Fi Viral Nature Innovation in Tokenomics: The Future of Two Markets
New Meme Coins Innovating With GameFi The integration of meme coins into the GameFi sector is a natural progression in the blockchain world. This merger leverages the viral nature of meme tokens and the economic opportunities of GameFi, creating a unique synergy. Meme Fighter Meme Fighter which is under-going its coin presale, is a prime example of a project looking to disrupt the meme space by providing a social network of casual competitive games in which players can compete for cash prizes and even wager their favourite meme tokens against each other. By playing quick 2-minute skill and puzzle-based games on their mobile, their MoFo token will be used as way to benefit from the fees generated by regular players competing. Tapping into a 2 billion strong casual gamer base there are serious opportunities from innovators in 2024. Bonk Bonk by now is a household name for crypto meme enthusiasts and meme savvy enthusiasts will have heard of Bonk and its meteoric rise in late 2023 on Solana. But Bonk isn’t just a meme coin, it has allowed a variety of independent game developers to integrate the Bonk coin into various gambling and play to earn games. While some of the games are rather simple others show promise of future development, but for now all are currently purely driven by speculating and gamble-fi use cases. It will be interesting to see how their ecosystem develops in 2024 and whether we will see some play to earn or other types of games emerging from their network. Snek Snek is fast becoming a recognized Memecoin and Cardanos number one. It has launched it’s first game based on the original arcade game “Snake” in which you have to control a blue snake modelled after their meme mascot and eat pellets to grow
1 Top Cryptocurrency to Buy Before It Soars More Than 3,000%, According to This Wall Street CEO
In the wake of the landmark approval of 11 Bitcoin exchange-traded funds (ETFs), Cathie Wood, chief executive officer of Ark Invest, once again made headlines with her ambitious price target for Bitcoin (CRYPTO: BTC).
Doubling down on her claim that Bitcoin could soar to a price of $1.5 million by 2030, Wood emphasized in an interview with CNBC that the approval of the ETFs only increases the chances of the cryptocurrency reaching her lofty estimates.
Her remarks might seem overly optimistic, but they aren't baseless. Citing multiple factors from her firm's annual Big Ideas report, the case for a seven-figure Bitcoin isn't as crazy it seems. Here's why Wood and her team think its future is so bright
Last but not least is the continued expansion and resilience of Bitcoin's blockchain. Consider that for the past 15 years, the crypto has operated without a single entity overseeing its day-to-day functioning, without skipping a beat. It is an accomplishment nothing short of remarkable. Even better, though, it is growing stronger and more capable by the day.
How Bitcoin hits the seven-figure mark
Each of these aspects individually hold the potential to add to Bitcoin's journey of price appreciation. But Wood says a confluence of forces could produce an effect that is orders of magnitude larger than anything in Bitcoin's history.
10 Best Cryptocurrencies To Invest in Feb 2024🚀🚀🚀🚀🚀🚀🚀🚀🚀
and Tether, there are thousands of different cryptocurrencies, making it overwhelming when you’re first getting started in the world of crypto. To help you get your bearings, these are the top 10 cryptocurrencies based on their market capitalization or the total value of all the coins currently in circulation.
Crypto Analyst Predicts Low-Cap Altcoin Will Hit New All-Time High Soon, Updates Outlook on Solana and Fetch.ai
A widely followed crypto analyst and trader is turning bullish on one privacy-focused low-cap altcoin project.
The analyst pseudonymously known as Altcoin Sherpa tells his 206,200 followers on the social media platform X that crypto project Manta Network (MANTA) may be in an uptrend after flipping a key resistance level at $2.77 into support.
“MANTA: all-time high soon. New launched coins + narrative = strong candidates to actually be ok in this current market
MANTA is trading for $2.97 at time of writing, down more than 8% in the last 24 hours.
Next up, the trader predicts Ethereum (ETH) competitor Solana (SOL) may retest lower Fibonacci retracement levels before rallying again.
“SOL: I think that DCAing (dollar cost averaging) in at the .382 ($84.67) and .50 ($71.81) are both good options for long-term holds for Solana. Not expecting things to ram
Top Cryptocurrencies Withstanding the Crypto Downtrend – Which Altcoins to Buy in the Dip? ApeMax, SUI, Siacoin, Pyth Network, Flare, Aptos, Manta Network, and Ro
In the wake of the crypto market’s tumultuous ride, marked by the soaring heights of Bitcoin during the first weeks of January, subsequent downtrend has left many crypto fans reeling. The crypto dip has fueled uncertainties, prompting some crypto enthusiasts to seek refuge in coins that were able to withstand the crypto downtrend or that they think will likely recover from the dip.
While the market took a tumble this week, some seasoned crypto aficionados are closely monitoring and strategically buying other lesser-known coins. Based on the latest data from top crypto news sites and coin aggregator sites, this guide will take a closer look at top coins defying the current market dip, with a focus on the “Boost-to-Earn” coin, ApeMax.
List of 5 Tokens Every Ethereum Whale Has in Their Portfolio
Navigating the crypto market can feel like a wild ride with memes, dog coins, and sudden millionaires making waves. However, amidst the chaos, experienced investors—the Ethereum whales—are like skilled sailors, smoothly manoeuvring through the market. Their portfolios, akin to well-tended treasures of digital gold, harbour the strategies for sailing through this unpredictable sea. Curious about the top five tokens these savvy investors are quietly gathering? Let’s explore beyond the buzz and delve into the reliable choices they cherish in the vast world of cryptocurrencies.
5 Crypto Tokens Every Ethereum Whale Has in Their Portfolio
Retik Finance (RETIK): Presale Token Dominating Every Ethereum Whale’s Wallets
Shiba Inu (SHIB): ETH-based Memecoin With a Large Community
Uniswap (UNI): The Biggest Decentralized Exchange Platform
Arbitrum (ARB): Empowering the Scalability of Ethereum
Ethereum Classic (ETC): The Original Ethereum Flame
Three tokens priced below $0.1 have emerged as compelling contenders: Shib, Retik, and Dogecoin could provide potential overnight gains. Shib, riding the meme coin wave, leverages a robust community and burn mechanism for unpredictable but significant surges. Retik, an innovator in decentralized finance (DeFi), showcases a suite of groundbreaking features, coupled with successful presale fundraising, positioning it for rapid growth. Dogecoin, a long-standing favorite, combines accessibility with celebrity endorsements, creating a unique blend of humor and longevity in the market. Each token presents distinct qualities, making them enticing options for investors seeking dynamic opportunities in the cryptocurrency space.
The cryptocurrency market slightly recovered on January 26 after two weeks of poor performance following the Bitcoin spot ETF approval.
Amid signs of hope for crypto investors, technical and fundamental analyses suggest speculators should avoid trading four cryptocurrencies next week. Essentially, the following cryptocurrencies are currently riskier bets than other projects.
In this context, avoiding trading riskier projects helps protect investors in an already uncertain and highly volatile market. Traders interested in these cryptocurrencies can wait for better opportunities in a clearer scenario.
Particularly, Finbold spotted UMA (UMA), Dusk (DUSK), Terra Classic (LUNC), and Terra (LUNA) as cryptocurrencies to avoid trading next week.