Bitcoin and meme coins have dominated the 2024 cryptocurrency bull market so far, with altcoins taking a backseat. But now that Bitcoin has halved, altcoins are once again in the spotlight.
Traditionally, BTC sees consolidated price action after a halving, with Bitcoin dominance trending downward. Naturally, investors are turning to altcoins in search of greater volatility and higher returns.
8 Best Cryptocurrencies to Buy on Altseason
Experts have said that cryptocurrency prices could start showing a parabolic curve as early as May.
Several new cryptocurrencies are also set to launch on cryptocurrency exchanges in the coming weeks and could offer 10x to 100x profits.
#how Just woke up, we’re about to see some thugs.
— Bitcoin Habebe (@Bitcoinhabebe) April 22, 2024
Investors thus have one last chance to top up their funds before the highly anticipated altcoin bull run begins. Experts continue to emphasize the importance of diversification. This means investing in a combination of large-cap, mid-cap and low-cap tokens to achieve maximum profits.
In this article, we list the 8 best cryptocurrencies that can earn you the most in the upcoming alt season.
Solana ($SOL)
Experts continue to support Solana as one of the best cryptocurrencies to invest in, especially among large altcoins.
SOL has had an outstanding performance in 2023 and 2024 so far and is expected to maintain its bullish trajectory for the remainder of this bull cycle.
In fact, analysts believe that new Solana buyers may still be in its infancy, especially when compared to other large cryptocurrencies. SOL is currently trading at $150 and is still more than 40% off its all-time high.
Even the most conservative Solana price predictions support the altcoin reaching $600 during this bull cycle. Others are mentioning the possibility of SOL reaching new highs of $1000.
Its high scalability, especially when compared to Bitcoin and Ethereum, continues to receive praise from industry insiders such as Ark Invest’s Cathie Wood. This will also benefit several new layer 2 tokens and meme coins emerging within the Solana ecosystem.
Slotana ($SLOTH)
Speaking of Solana meme coins, Slotthana is backed by experts as the next big meme token that could deliver 100x profits.
$SLOTH has already proven its capabilities during pre-sale, raising over $15 million in just three weeks. It’s no wonder that popular cryptocurrency YouTubers like ClayBro believe that Slotthana could potentially emerge as the biggest Solana meme coin to invest in.
Slotthana is also being seen as the next Slerf, another sloth-based Solana meme coin that soared 5000% in just a few hours.
We also adopted Slerf’s innovative pre-sale model, allowing interested buyers to send $SOL to the project wallet and receive $SLOTH as an airdrop. This simplified fundraising model is one of the reasons behind Slotthana’s initial demand.
However, the pre-sale took place on the last day and Sloth is scheduled to launch on exchanges on April 29th. Interested buyers have less than six days left to make early purchases of the next potential 100x meme coin.
Dogecoin ($DOGE)
Meme coins will remain in high demand during alt season and market leaders will not be left behind.
Dogecoin has so far taken a backseat compared to other new, shiny meme coins. Still, it remains 78% below its previous all-time high of $0.73 and is widely expected to reach $1 this year.
That means new Doge buyers can still see a 7x return on this relatively safe large meme coin.
Dogecoin remains Elon Musk’s favorite cryptocurrency, with the billionaire often calling it “the people’s cryptocurrency.” Elon recently stated that the meme coin will be accepted as a payment method for Tesla EVs, and supporters believe it is an important component of his X (formerly Twitter) platform.
Coinbase Derivatives will also launch Dogecoin Futures on April 29th.
Doggers ($DOGEVERSE)
The Dogecoin bull rally will spark hype for all things Doge and Dogeverse, and Dogeverse is one of the meme coins expected to benefit the most from this.
Dogeverse brings something unique to the meme coin market. This is the first token to be launched in six different blockchain ecosystems. It is already published on Ethereum, Base, Polygon, Avalanche, and BNB Chain and will be published on Solana this week.
Dogeverse, a multi-chain meme coin, allows token holders to enjoy the best of all worlds. For example, they can purchase new meme coins with ETH and immediately stake their holdings to earn passive rewards. The current staking reward rate is 110%.
Additionally, just as the Solana meme coin benefited from the rise in SOL price, Dogeverse could also potentially benefit from its five native tokens.
Thanks to its innovative features, Dogeverse raised nearly $10 million in pre-sales in just two weeks.
Additionally, prominent cryptocurrency influencers and YouTubers like Michael Wrubel are bullish on Dogeverse, with Wrubel claiming to be all in on the new meme coin.
Ripple ($XRP)
XRP has been largely left out of this bull market, but experts believe its time will come in the upcoming alt season.
Renowned cryptocurrency trader Captain Faibik recently declared that now is the last chance to buy XRP before it explodes in the coming months.
Crypto whales agree with him. Whales accumulated more than 31 million XRP tokens last week alone, when XRP corrected from $0.62 to $0.41, mainly due to macroeconomic risks and the Israel-Iran conflict.
Therefore, XRP remains 83% below its previous all-time high. Even if it reaches its previous peak, new buyers could still get a return of more than six times their investment. However, like other large altcoins, the token is expected to significantly outperform its ATH.
XRP is also one of the best cryptocurrencies to buy considering the upcoming US presidential election. Parent company Ripple already won a landmark lawsuit against the SEC when the court ruled that programmatic XRP sales did not violate securities laws.
The commission could appeal this ruling, but that possibility is greatly reduced under new SEC leadership, especially if a Republican wins.
Bitcoin Minetrix ($BTCMTX)
Experts are backing Bitcoin Minetrix as one of the best cryptocurrencies to invest in, especially among small-cap altcoins.
Bitcoin Minetrix It is a cloud mining project designed to give individual investors access to mining rewards. Demand for its own token, BTCMTX, is evident in its pre-sale, which has already raised over $13 million.
However, demand will especially surge if Bitcoin goes parabolic again and the mining industry becomes extremely profitable. YouTube trading experts like OnlineHustleTV believe Bitcoin Minetrix could potentially deliver returns of up to 100x.
In addition to token value appreciation, investors can also earn BTC mining rewards simply by staking $BTCMTX tokens. Needless to say, they will receive staking rewards just for participating in the process.
However, the Bitcoin Minetrix pre-sale is in its final stages and is scheduled to end on April 28th, with the tokens launching on exchanges on April 30th.
6 pieces ($6 each)
Smart money traders believe that Sei is one of the best mid-cap cryptocurrencies to buy for the upcoming alt season.
For example, cryptocurrency trader Ameba outlined its Sei price prediction, saying it expects BTC to be the best-performing cryptocurrency when it finds local lows.
once $BTC I think I found my bottom today $BE I will work harder than anyone else.
– Ameba (@Ameba_NM) April 21, 2024
The Sei cryptocurrency is already making this claim, rising 34% over the past week.
Layer 1 blockchains by sector also continue to see rapid innovation in the ecosystem. Today Tuesday, Balancer proposal BIP-590 was officially passed into the Sei ecosystem.
Balancer is the leading DEX in the cryptocurrency industry, with a total value locked (TVL) of over $1 billion. Likewise, Sei recently partnered with Binance to integrate Binance Pay into its ecosystem.
Due to these rapid technological advancements, experts view Sei as an excellent long-term cryptocurrency to invest in.
Mega Dice ($DICE)
mega dice It is one of Solana’s top GameFi tokens and is still available for purchase at a discounted pre-sale price of $0.069. The new cryptocurrency has already raised close to $500,000 in its ICO and has shown strong early interest.
Popular cryptocurrency YouTube channels like Cryptonews are endorsing $DICE as the next 100x GameFi cryptocurrency, and for good reason.
The Mega Dice platform, unlike most new entrants, already has an established global customer base. More than 50,000 players have ongoing access to over 4000 games and sports on the platform, generating over $50 million in monthly bets.
Considering the benefits Dice offers, including daily rewards for holders and staking rewards, the token is expected to see continued buying pressure.
The platform has also launched a $2.25 million airdrop for Mega Dice players, which will be spread over three seasons. To qualify for the first season, players must have wagered at least $5000 in just 21 days.
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