Cryptocurrency is an ever-changing and evolving industry.It started off slow and picked up pretty fast, and because people are used to making fast money with crypto, many have begun to say that crypto is over, we won’t ever get another Bitcoin boom, there’s no profit in the crypto field anymore, and the likes.Â
However, when you look at the crypto market more closely, you’ll easily see that these types of statements couldn’t be further from the truth.Namely, the crypto market is still going very strong, and according to analysts, it’s only going to become larger as the years roll in.Â
There are many more great possibilities now than there were then, and experts have come up with their list of the best ten cryptocurrencies that they deem the most promising investments of 2024.On that list, you’ll find Litecoin (LTC), Solana (SOL), Algotech (ALGT), XRP, Arbitrum (ARB), Polygon (MATIC), Blur (BLUR), TRON (TRX), Cardano (ADA), and Polkadot (DOT).Let’s explore all these tokens in more detail.
>>BUY ALGT TOKENS NOW<< Litecoin (LTC) Experiencing Bullish Price Predictions for 2024 Not long ago (July 2023), Litecoin (LTC) reached its peak of $115, marking great gains for Litecoin (LTC) holders.However, since then, Litecoin (LTC) has managed to slice half of its value off, dropping to a low of $56 in August. Since the Litecoin (LTC) low in August, the token has been crawling steadily back to the top and is currently trading at $66.74.In a seven-day span, the Litecoin (LTC) price has marked a 6.85% decrease in value, but experts are saying that Litecoin (LTC) holders shouldn’t be discouraged now. Namely, the team behind Litecoin recently announced that mining difficulty had reached an all-time high , indicating a sign of increased maturity and network growth for Litecoin (LTC).Also, Litecoin announced that 18,000 ordinals have already been inscribed on the network , which is why experts are saying that Litecoin (LTC) is ripe for the picking at the moment as it has the potential to rise greatly in price soon. In addition, analysis has shown that there is a bullish sentiment around Litecoin (LTC) right now . This, along with the two other factors mentioned above, can lead Litecoin (LTC) to great surges in value in 2024.With that said, experts are saying that Litecoin (LTC) might reach its next resistance level at $122 this year , which would surpass the previous LTC all-time high. Network Usage Increase to Lead Solana (SOL) To the $120 Mark In the past 30 days, Solana (SOL) has managed to bring positive results, jumping by 25.90% in price.The steady rise in Solana (SOL) price is hugely credited to its resilient community, which has kept pushing Solana (SOL) forward even in scenarios when people were sure it would flop. At the moment of writing, Solana (SOL) is trading at $94.16, and experts are confident that it can reach the $120 mark .The reason behind their confidence is not only the strong Solana (SOL) community but also the influx of new creators that Solana (SOL) has been experiencing, as well as the increased integration of NFTs into traditional art galleries . However, one of the top reasons why experts say that Solana (SOL) will hit $120 soon is the increased network usage that Solana (SOL) has had. Namely, Solana (SOL) reached 492,162 daily active addresses on January 17 th , which was the number it had on December 25 th of last year, when Solana (SOL) crossed $126.So, good things are coming for Solana (SOL) very soon. Algotech (ALGT) With Massive Growth Potential as It Makes Investing in Crypto Easier for Everyone Algotech (ALGT) is a cutting-edge algorithmic trading platform that has the potential to change the way we trade and invest in crypto completely. Namely, Algotech (ALGT) provides algorithmic trading capabilities, which means that, with it, users can forgo manual trading completely and use powerful algorithms to trade and invest successfully. This is possible thanks to Algotech’s usage of AI, advanced machine learning, extensive data analysis, and quantitative research in finding lucrative crypto opportunities and buying/selling at the right time.So, with Algotech (ALGT), things like inexperience, greed, fear, clouded judgment, and emotional bias , all of which come from manual trading, will be eliminated entirely.This will allow new traders to enter the market easily and be successful while doing it. Also, Algotech (ALGT) eliminates issues like slow execution speeds , which allows the platform to make more profits as it is able to capture new opportunities, no matter when they arise.And since Algotech (ALGT) operates on a decentralized platform, it ensures security, transparency, and immutability.But that’s not all. Algotech (ALGT) is also great for portfolio diversification, as it offers a wide range of robust algorithmic trading strategies from which you can choose.Namely, Algotech (ALGT) holders can use breakout trading, mean reversion, arbitrage, trend following, bull market strategies, bear market strategies, and sideways market strategies for their portfolios . The platform is also able to handle high trading volumes, and all the strategies it offers are automated, which means that you’d only need to pick your poison and let the algorithm do the rest.If you’re an early Algotech (ALGT) investor, you’ll also get access to benefits like governance rights, partial ownership of the Algotech software, and dividends . Algotech (ALGT) will pay out dividends, which will amount to a set percentage of the 30% performance fee that it’ll take, allowing you to create passive income streams for yourself. Algotech (ALGT) will start off at $0.04 and is set to launch at $0.15 , marking a 275% return for early ALGT holders.Also, since Algotech offers a way for many new investors to get into the market easily, experts say that its growth won’t stop there and will only be higher when ALGT hits the exchanges. >>BUY ALGT TOKENS NOW<< Analysts Predict a Bullish Momentum for XRP in 2024 If we had to describe XRP’s recent movements on the market, we’d probably use the word “diverse� to do so.In other words, XRP has been experiencing varying prices in the past few weeks, but experts say that XRP holders should hold on, as a steady upturn is on the corner for XRP. Currently, XRP is trading at $0.551 at the moment of writing, marking an 8.57% decrease in value in the last seven days. XRP is also down in terms of monthly numbers, but several factors could turn XRP’s red streak into green soon. Namely, one crypto expert shared a chart that shows that XRP might experience a huge breakout soon – in the following eight weeks, to be precise.Also, other analysts chimed in and said that XRP has been in a bullish mode and will remain like that for at least ten more months , which could lead to XRP jumping to $22.50 before the year is even over . A decisive factor that could shape XRP’s future price is the lawsuit against the SEC.At the moment, XRP seems to have the upper hand in the case, and if things remain the same, the jump in price for XRP will be virtually guaranteed.Also, developments like a potential Ripple IPO and the upcoming Bitcoin halving could further boost the price of XRP tokens and take them beyond $22.50. Arbitrum (ARB) Remains at the Top in the Layer-2 Scaling Space Arbitrum (ARB) showed excellent 30-day performance. The token is currently at $1.90, which marks a 72.74% increase in Arbitrum (ARB) price in the past month.When you look at Arbitrum (ARB)’s daily and monthly numbers, you’ll see a slight slump in price, but experts are assuring Arbitrum (ARB) holders and potential buyers not to get discouraged. The reason why experts are so confident in Arbitrum (ARB) is because of the token’s ability to stay on top despite the fierce competition in the layer-2 scaling space .Also, the recent Arbitrum (ARB) growth shows how quickly the token can climb, and analysts expect it to continue doing so in 2024. They back up their bullish predictions with the massive growth that Arbitrum (ARB) has experienced.Namely, Arbitrum (ARB)’s TVL recently reached $2.59 billion , which solidified Arbitrum (ARB) as the fourth largest DeFi network on the market. Also, Arbitrum (ARB) shows no signs of slowing down.Various indicators show that Arbitrum (ARB) will sustain its bullish momentum for a long time, reaching the $3 mark soon and even higher before the year ends . Polygon (MATIC) To Break Out of Its Triangle Pattern by July 2024 Right now, Polygon (MATIC) is in a huge triangle that has been slowly building over a few years.And as Polygon (MATIC) goes along with the expected movements in the triangle pattern, a break out of the triangle is sure to happen by the end of July this year. It’s not easy to say whether the break out will be positive or negative for Polygon (MATIC), but right now, experts are saying that a positive one is much more likely. At the moment, Polygon (MATIC) is trading at $0.786, marking a 13.99% decrease in value over the past seven days.This slight bump in value can be attributed to the accusations that Polygon (MATIC) is facing at the moment.Namely, recently, the crypto intelligence firm ChainArgos alleged that the Polygon team engaged in secret sales of MATIC tokens , saying that this could potentially lead to a further price decrease for Polygon (MATIC). This caused fear in Polygon (MATIC) holders, but it wasn’t anything catastrophic, as the allegations are yet to be confirmed.Regardless, experts are saying that Polygon (MATIC) will continue to grow in 2024 , especially when it breaks out of its triangle pattern in July.However, if the allegations turn out to be true, then the current overall positive breakout could quickly turn into a negative one. Blur (BLUR) Is Riding a Strong Bullish Wave Despite Token Unlock In just the past seven days, Blur (BLUR) has managed to rise by 13.89% in price, currently trading at $0.641. Also, Blur (BLUR) has been experiencing increased market activity in the past few days, with Blur (BLUR) sellers liquidating $624,000 in positions, while Blur (BLUR) buyers also participated actively, liquidating $506,000 in positions. Recently, Blur (BLUR) released around 50 million BLUR tokens , valued at $32.29 million.After this huge Blur (BLUR) token release, many expected Blur (BLUR) to decline in price.However, in a great turn of events, Blur (BLUR) did not decrease in value and is now gaining buying momentum.Also, Blur (BLUR) now has an RSI of around 60, which signals a further price increase for the token . Experts are saying that if Blur (BLUR) breaks through the resistance at $0.765, which is highly likely due to the current bullish Blur (BLUR) momentum, Blur (BLUR) could surge to $0.84 very soon , and even higher in the months to come. The Mercado Bitcoin Listing Opens a New Door for TRON (TRX) Mercado Bitcoin, Brazil’s largest cryptocurrency exchange, recently announced the addition of TRON (TRX) to its platform .This will allow TRON (TRX) to capture a huge audience of potential investors, and experts predict that TRON (TRX) will rise in value significantly due to this new development alone. However, even without trading on Mercado Bitcoin, TRON (TRX) has been doing well on the market and is currently ranked as a low-risk asset, giving TRON (TRX) holders and investors grounds to be confident in the token.Also, TRON (TRX) has been riding a bullish wave for a few weeks now, and experts are optimistic that TRON (TRX) bulls can push its price even further than they already have. As of right now, TRON (TRX) is trading at $0.108, marking a small but steady increase in price of 1.78% in the span of a week.Also, recent analyses show that TRON (TRX) can surge to between $0.20 and $0.30 by the end of Q4 of 2024. Cardano (ADA) In the Red: Experts Say It’s Time to Buy the Dip Recently, Cardano (ADA) dropped to $0.503, a position it is currently at right now.This dip marked a 13.38% decline in the value of Cardano (ADA) in just seven days, which has left people wondering whether It’s time to strap in and buy the Cardano (ADA) dip. Well, experts say that it’s time. Namely, experts predict that Cardano (ADA) will drop further to $0.46 , which is a strong support zone for Cardano (ADA) and will then surge in price .So, many are advising that investors wait for Cardano (ADA) to hit the $0.46 mark and then buy the dip and gain sound profits. The breakout after Cardano (ADA) reaches its support zone can lead to a 30% increase in Cardano (ADA) value, leading Cardano (ADA) to trade at $0.70 after the dip. Polkadot (DOT) Could Invalidate the Bearish Thesis if Buying Pressure Increases Polkadot (DOT), at the time of writing, has dropped to $7.02, marking a 14.01% decrease in price in the past week.Right now, Polkadot (DOT) is surrounded by bearish signals , and if Polkadot (DOT) holders decide to give into fear, the bearish trend will continue, and Polkadot (DOT) will fall to around the $6 mark soon. However, if Polkadot (DOT) holders persevere and Polkadot (DOT) manages to reinforce buying pressure, Polkadot (DOT) could invalidate the bearish thesis and hit the $8.296 mark instead .If this happens, Polkadot (DOT) will continue to rise in price, reaching $9.582 in 2024 .So, the following question arises – Will Polkadot (DOT) holders sell or keep their cool? As of now, most signs point to the former, but experts are saying that if Polkadot (DOT) releases new updates and introduces new developments , which is highly likely, Polkadot (DOT) bulls will quickly take over and lead the token to new heights. Visit Algotech Presale Join The Algotech Community Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page.The project team has purchased this advertisement article for $350. Readers should do their own research before taking any actions related to the company.BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release..
