In 2024, we witnessed cryptocurrency Bull market, consistent with history for 4 years Bitcoin cycle. And, consistent with history, many believe the altcoin market is about to explode. So, which cryptocurrencies should you consider adding to your portfolio before the end of the year?
Read more to learn more!
1. Bitcoin – Digital Gold
Bitcoin continues to lead the market as the first and most decentralized cryptocurrency. ETFwhich may attract institutional investors to try Bitcoin.
Despite the global conflict and the profits of many big holders, such as the German government, Bitcoin remains above $60,000, proving that the price of Bitcoin will always move higher over time.
While smaller coins have the potential to surpass Bitcoin return on investment This year, one thing is for sure – no cryptocurrency portfolio is complete without the ever-rising Bitcoin.
It’s called digital gold for a reason—providing potential short-term gains for cryptocurrency investors while also providing long-term stability.
2. dog wireless hat – Get ready to explode
Only in crypto could a picture of an (admittedly adorable) dog wearing a hat become an investment vehicle worth $2.2 billion. Dogwifhat is one of Solana’s most popular meme coins and thus provides exposure Solana and WIF.
Given that WIF has partnered with several trading platforms and is rumored to be listed on Coinbase, experts believe that WIF has the potential to recover before the end of the year, potentially reaching $3 or higher. That’s a 50% increase from today’s price and a decent ROI for any portfolio.
3. Sui – national U.S. Department of Agriculture Bringing more users to this important blockchain
Sui is one of many Layer 1 blockchains. But it is currently undergoing many important technological advances.
The stablecoin USDC can now be used directly on-chain (without using the bridge version wUSDC). Since only USDC is fully backed by U.S. dollars, this brings security, liquidity, and enhanced interoperability to SUI.
Stablecoins are an important part of health Decentralized Finance ecosystem, so this measure should increase SUI’s on-chain activity and TVL (Total Value Locked), thereby increasing the price of $SUI.
The impact is already being felt, with SUI’s on-chain activity doubling on October 2 and SUI’s price rising by 95% on the monthly chart.
Additionally, SUIs are fast, scalable, and easy to develop.
Although SUI has experienced a minor correction over the past few days, this could represent an excellent buying opportunity for the coin, which is up 329% on the yearly chart.
4. Kutos – Defi coin wrapped in Meme coin coat
Kutos (CUTO) is a brand new coin that is on pre-sale. Based on the Chinese lucky cat, Cutoshi appears to be a meme coin at first glance. It does have the appeal of a meme coin.
But the Cutoshi team has one mission – to bring DeFi to the masses while delivering the fun and huge potential gains of a viral meme coin.
Cutoshi aims to position itself as a meme coin true to Satoshi Nakamoto’s vision. It is decentralized and anonymous and aims to provide financial freedom to its community.
The team is building a decentralized exchange, a gamified liquidity mining platform, and a learning academy to introduce DeFi to new users.
Cutoshi has raised over $300,000 and is currently in the first phase of pre-sale, selling for $0.15.
While new coins carry higher risks than existing coins like Bitcoin, they also bring the potential for maximum returns. Some predict that the coin could rise to around $1.25, which would represent a 700% gain for investors.
More information about Cutoshi (CUTO) pre-sale:
https://cutoshi.com/
Join and become a community member:
https://twitter.com/CutoshiToken
https://t.me/cutoshi
Disclaimer: Crypto products and NFTs are unregulated and may carry high risks. Regulatory recourse may not be available for any losses resulting from such transactions. The foregoing is non-editorial and TIL hereby disclaims any and all warranties, express or implied, in connection therewith. TIL does not guarantee, guarantee or necessarily endorse any of the above and is not in any way responsible for it. This article does not constitute investment advice. Please take all necessary steps to ensure that any information and content provided is correct, updated and verified.
