When crypto bull run will start?
This Weekend Marks the Start of a Year-Long Crypto Bull Run. InvestorPlace. On April 23rd at 10 am ET, Luke Lango will reveal a new breakthrough that can help get you in front of cryptos before they surge 1,000% or more.
Bitcoin Halving appears to be fueling the next bull run to happen in 2024. Investing in the best altcoins can be rewarding as they offer diversification and potentially higher returns. However, it is important to approach the altcoin landscape with caution and do a thorough research.
It's 2024. Bitcoin is breaching all-time highs again, memecoins are popular once more and decentralized-finance projects are advertising eye-popping yields. All of this sounds like a bull-market atmosphere — but it might be a while until everyone's feeling the frenzy.
Based on Bitcoin's past market cycles, we could expect the next crypto bull run to start after the Bitcoin halving in 2024 and reach its peak in late 2025. That said, the cryptocurrency markets are very unpredictable, so making any guarantees about future price movements is very difficult.
Zilliqa, with the ticker ZIL, is another cryptocurrency that's seen as a potential candidate to reach the $1 threshold. It's a blockchain platform that stands out for its ability to handle a high volume of transactions quickly, thanks to its use of sharding technology.
- Cardano (ADA): Considered one of the top contenders, Cardano boasts a scalable and secure blockchain platform. ...
- Polkadot (DOT): ...
- Chainlink (LINK): ...
- Solana (SOL): ...
- VeChain (VET): ...
- Theta Network (THETA): ...
- Uniswap (UNI): ...
- Avalanche (AVAX):
Coin | Market Capitalization | Current Price |
---|---|---|
Ethereum (ETH) | $390 Billion | $3,254 |
Binance Coin (BNB) | $86.3 Billion | $577 |
Solana (SOL) | $69 Billion | $154.53 |
Ripple (XRP) | $28.4 Billion | $0.5131 |
Bitcoin's price is up about 120% from this time last year. But judging by sentiment amongst crypto enthusiasts on X, we're only in the early innings of the bitcoin bull market that many believe will last through the better part of 2025. How can people be so confident that bitcoin's price will continue to rise?
Thinking about investing in the popular cryptocurrency? A recent report predicts that Bitcoin will reach a new all-time high in 2024. Bitcoin (BTC) is expected to reach a new record of $88,000 (€82,000) throughout the year, before it settles around $77,000 at the end of 2024, according to a new report.
Here are three cryptos with tenfold growth potential by 2026. Ethereum (ETH-USD): Approval of spot ETFs has this crypto rallying hard right now. Bitcoin (BTC-USD): An upcoming halving event could push the largest crypto to new all-time highs.
Which crypto will reach $1?
While there might seem to be a relatively large pool of potential cryptocurrencies that could hit the $1 mark by the end of this year, there are only two that I think have a realistic shot of doing so: Cardano (CRYPTO: ADA) and XRP (CRYPTO: XRP).
This technical event, written in bitcoin's code, happens every four years. In simple terms, it is when the rewards for bitcoin miners are cut in half. This reduces the pace at which new bitcoins enter the market. Since there will ever only be 21 million bitcoins, the halving serves to create more scarcity.
Dogecoin (DOGE) is known for its strong community backing in the meme coin market, placing it among one of the top cryptos to buy in 2024. It gained attention during the 2021 bull market, especially after Elon Musk's famous tweets, reaching a high of $0.58, a massive increase of over 35,641.75%.
The projected upward targets for DOGE include $0.25, followed by the psychological resistance level at $0.3, aligning with the R2 and R3 Fibonacci pivot levels for April 2024. With a sustained bullish momentum, Dogecoin may even surpass the $0.3 milestone by the end of the year.
Nine Penny Cryptocurrencies Poised to Hit $1 Before 2024:
Dash 2 Trade (D2T), Calvaria (RIA), IMPT (IMPT), and Tamadoge (TAMA) are among the tokens that show promise for future growth.
- Cryptos With Explosive Potential: Ethereum (ETH-USD) ...
- XRP (XRP-USD) ...
- Cryptos With Explosive Potential: Cardano (ADA-USD) ...
- Dogecoin (DOGE-USD) ...
- Shiba Inu (SHIB-USD) ...
- NEAR Protocol (NEAR-USD)
Solana. In December 2023, the #SOL price reached a local high of $121. The rally was associated with airdrops of various projects and the launch of numerous meme coins on Solana. Although the current price has dropped to $86, there is still a real chance for it to reclaim the $100 mark.
This is exactly why we have made a list of the best cryptocurrencies that cost less than $1 and will mention TAMA, D2T, RIA, and IMPT as the cryptocurrencies with the biggest potential for growth during the following year!
Despite volatility in the crypto market, some coins and tokens have already achieved significant gains in 2023. Many investors have been drawn to the potential for 100x returns on their investments, as some coins have achieved this milestone in the past.
The ethereum blockchain is home to more than 1,400 applications and developer tools, and ether is the native cryptocurrency of the ethereum network. In 2023, ethereum completed its transition from a proof-of-work consensus mechanism to a much less energy-intensive proof-of-stake transaction verification system.
What coin is best to buy now?
Bitcoin (BTC)
Bitcoin has continuously maintained the largest market capitalization and the strongest liquidity of all cryptocurrencies, which we see as a sign of strong investor confidence. It is traded on virtually all crypto exchanges, making it an attractive option for both individuals and institutions.
Spotlight Wire Smog Token ($SMOG) is one of the top new cryptos to buy for long-term returns as it continues climbing toward the extraordinary $1 billion market cap level. Since its launch, $SMOG has gone from strength to strength after launching on the Ethereum network to become a multi-chain meme coin.
The Last Bull Run: A Recap
The most recent significant bull run occurred in 2020 and extended into the early months of 2021. Cryptocurrencies, notably Bitcoin and Ethereum, experienced a surge in price, reaching unprecedented all-time highs.
If the buyers cross the Ethereum market value above $5000, the bull run continuation can exponentially increase in 2024. With potential Spot ETF approvals and the Bitcoin Halving effect on altcoins, the price of ETH can reach $10,000.
10 Years of Decentralizing the Future
JPMorgan said it expects bitcoin to fall after the reward halving. The bank's analysis shows that the cryptocurrency remains overbought. Miners will be most affected by the event, the report said.