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The cryptocurrency market has experienced a recent price crash, with altcoins suffering the most and registering double-digit losses. Nevertheless, prominent crypto analysts believe this asset class presents a “once in a few years” opportunity, forecasting a positive outcome.
These under-the-radar cryptos are primed for explosive gains in the six months following Bitcoin's halving event.
Cryptocurrencies are in a bull market, led by the dominating Bitcoin (BTC), with over $1.1 trillion in capitalization. With such a strong momentum, smaller projects could experience a 10 times increase in market cap in 2024.
Consider these three cryptos to buy before impending rate cuts and halving-driven scarcity kickstart the next crypto bull market.
Some low market-cap cryptocurrencies can present appealing risk-reward potential in the highly competitive and constantly shifting crypto landscape. In this article, Finbold has picked three assets that could reach $1 billion in market value in 2024.
The Bitcoin spot ETF approval could have sparked an altcoin rally, with other cryptocurrencies outperforming the leader Bitcoin (BTC). With an institutional focus on BTC, the cryptocurrency market opens the door for what might be an altcoins' weekend.
Bitcoin's (BTC) dominance over the cryptocurrency market fell slightly to 53% from its highs at 55%. Meanwhile, altcoins' total capitalization remains above $700 billion, and investors expect an altseason.
Beyond mainstream coins like Bitcoin, many promising under-the-radar cryptos could erupt in the next bull cycle.
To capitalize on the bullish crypto market, investors are turning their attention to finance cryptos with transformative potential.
In a high-volatility space, buying cryptocurrencies can sometimes feel similar to ‘trick-or-treating' during Halloween festivities. While most value investors and crypto traders are continuously looking for ‘sweet candies' with good picks to bring positive results, making the right choices can sometimes be ‘tricky'.
A growing trend in finance known as remittances is described by the International Monetary Fund (IMF) as the sum of two main components involving financial transactions across borders: “Compensation of employees” and “personal transfers”. However, it can also often describe migrants sending money to their origin country.
With over 1.8 million cryptocurrencies available in the market, speculators could be unsure about which project to focus on, for doing their due diligence before even thinking about buying. Therefore, listening to others often provides a shortcut for relevant pieces of information, but it must be done with caution.
These small-cap cryptos are well-positioned to deliver explosive returns once their niche goes mainstream.
These cheap cryptos with huge growth potential will likely deliver outsized gains in the next crypto rally.
These penny cryptocurrencies have substantial upside potential while providing the use cases to stay relevant in the long-run.
