Here are the Top 5 Cryptocurrencies to Watch for the Next Bull Run in 2024
The cryptocurrency market has experienced relative stability over the past few months, with Bitcoin fluctuating between $60k and $72k. However, many crypto experts anticipate a significant bull run in 2024.
Several cryptocurrencies, including Bitcoin, are expected to see substantial gains during this period, with new coins such as ORACLE MEME (OMEME) predicted to multiply in value. So, which cryptocurrencies are good buys today? Here are five that experts believe could be promising investments:
1. **Bitcoin (BTC)**
Bitcoin might not see exponential growth in the next bull run, but its market stability makes it a safer investment. Most indicators are bullish on BTC, with ETFs likely serving as major catalysts. Since the SEC approved its ETFs, BTC has remained stable.
The ETF approval is expected to boost institutional adoption of Bitcoin, increasing investor confidence. These factors make Bitcoin a solid buy today.
BTC’s current price is $61,643.
2. **ORACLE MEME (OMEME)**
ORACLE MEME is a meme coin with actual utility, making it very appealing. The team is developing useful products like ORACLE CHAIN, a powerful blockchain that is a layer-2 network solution. They also offer a meme coin generator for creating meme cryptocurrencies and a meme launch pad for new projects.
With these utilities, ORACLE MEME is set for widespread adoption. As OMEME is still in the presale stage, its potential to surge in the next bull run is high, making it a good buy today.
OMEME’s current price is $0.0003054.
3. **Dogecoin (DOGE)**
Dogecoin, a long-standing meme coin, has shown remarkable stability over the years. Recently, Dogecoin’s price increased by 87% over the past year.
The Dogecoin network’s usage has been growing rapidly, indicating a potential bull run soon. Therefore, DOGE is another crypto coin to consider today.
DOGE’s current price is $0.1237.
4. **Avalanche (AVAX)**
Avalanche gained popularity due to its highly scalable and affordable network. Recent updates, such as the Durango upgrade, are likely to trigger a bullish trend.
This upgrade has made the Avalanche (AVAX) network more powerful by improving its efficiency and interoperability. Features like the teleporter tool position Avalanche as one of the most promising coins for 2024.
AVAX’s current price is $27.90.
5. **Kaspa (KAS)**
Kaspa made waves in the crypto scene with its innovative approach to the blockchain trilemma in 2021. The GHOSTDAG protocol attracted significant attention, and major developments in 2023, like the switch to ASIC miners, have solidified its position.
With anticipated smart contract functionalities like Rusy Kaspa and achieving ten blocks per second, Kaspa (KAS) is certainly a coin to watch in the next bull run.
KAS’s current price is $0.176.
**Final Thoughts**
The cryptocurrency market looks promising for 2024, and these five coins could be among the top performers during the next bullish phase. With new meme coins like ORACLE MEME likely to experience significant growth and established coins like Bitcoin and Dogecoin providing stability, crypto investors have an opportunity to achieve good returns in the next bull run.