Ethereum

2024

Solana

For investors looking to finally start buying cryptocurrencies, now would be an ideal time. 2024 is expected to be an extremely bullish year for the crypto market, with a number of positive narratives lined up throughout the year.&nbsp; 
In a major victory for the industry, the spot Bitcoin ETFs are expected to be approved by Wednesday while the massively bullish Bitcoin halving is only 4 months away. The US Federal Reserve is also looking to dial back its restrictive monetary policy.&nbsp; 
All the aforementioned factors are extremely positive for crypto prices and several major cryptocurrencies, including Bitcoin, could reach a new all-time high.&nbsp; 
<h2 dir="ltr" id="span-best-crypto-to-buy-in-2024-span">Best Crypto To Buy In 2024</h2> 
Despite the bullish sentiment, new investors could find themselves overwhelmed due to the large number of cryptocurrencies available on the market. Even seasoned traders often fail to recognize new small-cap gems early, missing out on 10x - 100x gains.&nbsp; 
Social media influencers are often the best resource to discover market-leading alpha - from new tokens to important support and resistance levels. However, once again, it is imperative to gain insights from influencers with a stellar track record rather than pseudo-experts or scammers.&nbsp; 
In this article, we list 7 cryptocurrencies to buy that could explode in 2024, all backed by smart-money traders and popular social media influencers. 
<h3 dir="ltr" id="span-bitcoin-btc-span">Bitcoin ($BTC)</h3> 
The inclusion of Bitcoin in this list of best crypto to buy should not be a surprise. With a valuation of over $917 billion and a market share of 54.4%, BTC remains the largest and most popular cryptocurrency in the world.&nbsp; 
Bitcoin continues to be the biggest driver of the ongoing crypto bull market. Since October 2023, when it became apparent that the SEC would approve all spot Bitcoin ETFs, BTC has appreciated over 75% in value. The Bitcoin price ($BTC) today is trading at $46,600.&nbsp; 
Even as the BTC ETF saga is likely coming to a victorious end on Wednesday, the Bitcoin halving is just 4 months away - scheduled to take place in April. Along with the Fed’s dovish monetary policy, the halving could very well catapult the Bitcoin price to a new all-time high in 2024.&nbsp; 
Analysts such as <a href="https://x.com/GVRCALLS/status/1744250683384328320?s=20" target="_blank" rel="noopener">Crypto GVR</a>, who has over 118k followers on X, believe that the Bitcoin price could reach as high as $100k. Meanwhile, venture capitalist Tim Draper, who is also a popular social media influencer, predicts BTC to hit the $250,000 mark.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/Xn1Z590kPdN5NtuTP20NNdX1TyYPuWFn9MLooKykLfeLh5SNzhrZMzJtHGEyJG9Mt3X_Jc2gW1jcwmnVjmNqKMH2RB1ltxyot1SX1CrDaVBLY70Qc8H810aDyeZHOKuymvwZZ0yBd9qzJMs7JXt19Ik" width="624" height="193" style="display: block; margin-left: auto; margin-right: auto;"> 
<h3 dir="ltr" id="span-ethereum-eth-span">Ethereum ($ETH)</h3> 
Ethereum ($ETH) is the second largest cryptocurrency, with a market capitalization of over $275 billion. The Ethereum price is trading at $2,300, up 75% over the past year.&nbsp; 
Analysts such as <a href="https://x.com/CryptoMichNL/status/1742487716917617007?s=20" target="_blank" rel="noopener">Michael van de Poppe</a> of MN Trading, who has over 681k followers on X, predict that 2024 could be the year of Ethereum. de Poppe predicts the ETH price to explode in the first financial quarter of the year, ranging between $3,000 - $3,500.&nbsp; 
<img src="https://cdn.thebittimes.com/images/2024/01/09/1704817197.webp" width="800" height="553" style="display: block; margin-left: auto; margin-right: auto;"> 
He accurately highlights that Bitcoin dominance typically peaks during the pre-halving months, during which the market capital would rotate to Ethereum. 
More importantly, after the spot Bitcoin ETF approval, all eyes will shift to Ethereum, considering that BlackRock, along with 6 other TradFi and Web3 giants, have also filed for spot ETH ETFs.&nbsp; 
According to crypto analysts <a href="https://x.com/TheFlowHorse/status/1740900937676505235?s=20" target="_blank" rel="noopener">TheFlowHorse</a>, who has close to 200k followers on X, the spot Ethereum ETFs will be approved this year. Therefore, it would not be a surprise if ETH manages to hit a new all-time high this year.&nbsp; 
<h3 dir="ltr" id="span-bitcoin-minetrix-btcmtx-span">Bitcoin Minetrix ($BTCMTX)</h3> 
With Bitcoin poised to have an extremely bullish year, several BTC-related assets are also high in demand, especially if they can make meaningful contributions to the broader Bitcoin ecosystem. Crypto mining stocks such as $RIOT, $MARA and $CIFR are excellent examples of this.&nbsp; 
<a href="https://shrt.care/f24415e8?referrer=7-best-crypto-to-buy-that-twitter-influencers-back-to-explode-in-2024---bitcoin-xrp-new-meme-coin" target="_blank" rel="noopener">Bitcoin Minetrix ($BTCMTX)</a> - a new and innovative decentralized cloud mining platform - has also captured the attention of investors. The project seeks to make crypto mining rewards accessible to small-scale investors, who have been sidelined for over a decade. Its native cryptocurrency - $BTCMTX - is currently witnessing strong demand in its presale phase, having already raised close to $8 million.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/_Mea6rmyEAcRs4zzj6IH6qyT8Y_jJWB7_MsvZwrisH043H6_bH5e4ouPif1z-uxBVsDfzcS-RMrsUcqxVnDUyu8sHoX4ynUfsvjENQahXnMadEWWVnLGHI_GBiKws9H6_xj2H2YgnUK4oTCkdiv4XVk" width="624" height="360" style="display: block; margin-left: auto; margin-right: auto;"> 
The crypto mining industry has been increasingly dominated by wealthy corporations, owing to the high technical expertise and capital investment required. However, Bitcoin Minetrix democratizes the process - mining BTC on behalf of its users and sharing the profits in proportion to their initial investment.&nbsp; 
Users simply need to purchase and stake $BTCMTX tokens using Minetrix’s intuitive stake-to-mine dashboard. In addition to the Bitcoin mining rewards, users will also receive an additional staking reward - currently at an APY of 82%.&nbsp; 
Due to Minetrix’s extremely important real-world utility, social media influencers are extremely bullish on its price potential. YouTuber <a href="https://www.youtube.com/watch?v=37ne69bgi4c" target="_blank" rel="noopener">Jacob Bury</a>, who has over 26k subscribers, believes that $BTCMTX could display a 10x bull rally after its launch.&nbsp; 
<h3 dir="ltr" id="span-solana-sol-span">Solana ($SOL)</h3> 
Solana, widely regarded as the “Ethereum Killer”, is the 5th largest cryptocurrency on the market, with a capitalization of over $44 billion, data from CoinMarketCap reveals. $SOL is currently trading at $101.&nbsp; 
In 2023, Solana was widely viewed as the best cryptocurrency to buy due to its extremely bullish trajectory. $SOL - which started 2023 at just $9.95 - closed out the year at the $101 price point, representing an appreciation of 915%.&nbsp; 
If analysts and social media influencers are to be believed, Solana is showing no signs of slowing down and will explode in 2024 as well. According to <a href="https://x.com/CryptoHayes/status/1744523365199892622?s=20" target="_blank" rel="noopener">Arthur Hayes</a>, the co-founder of BitMEX who has over 437k followers on X, the Solana price will soon hit the $200 mark.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/z7UxG0yFW-W4nn67GD1pxxBxMkHyGWKEYc67jq0vUxqscsqbI4jZZd6mOO5jTKJq31dOAQko1675C-rgEdRN854E7J1ERImUec2U_7r-BkHFkwjGEFfvcGsan3zQdAWva5JdbOf8D6ht1A-ip79Y2us" width="624" height="196" style="display: block; margin-left: auto; margin-right: auto;"> 
Similarly, <a href="https://x.com/ali_charts/status/1744600088599572632?s=20" target="_blank" rel="noopener">crypto trader Ali</a>, who has close to 40k followers on X, reveals that $SOL is displaying signs of a bull flag pattern, which could catapult the token to $163 in the coming days.&nbsp; 
<h3 dir="ltr" id="span-xrp-xrp-span">XRP ($XRP)</h3> 
XRP is the sixth largest cryptocurrency on the market, boasting a market capitalization of $30.8 billion. It is the native cryptocurrency of the Ripple Network and is utilized for seamless and quick cross-border transactions. The XRP price is currently trading at $0.57.&nbsp; 
XRP has perhaps the highest latent price potential of any large-cap cryptocurrency, thanks to a number of legal victories scored by Ripple over the SEC. Judge Torres of the SDNY District Court ruled that Ripple’s programmatic sales did not violate the Securities Act, granting a non-security status by XRP. She then also rejected the SEC’s motion to appeal, doubling down on her stance.&nbsp; 
As pointed out by the bulls, XRP is the only cryptocurrency outside of Bitcoin with regulatory clarity in the US, which will be a major catalyst for its bull rally in 2024.&nbsp; 
According to trader <a href="https://x.com/ali_charts/status/1744393378450505822?s=20" target="_blank" rel="noopener">Ali</a>, who has close to 40k followers on X, XRP is poised to surge to its ascending channel’s middle or upper boundaries, currently sitting at $0.80 and $1.10 respectively.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/wHoiIhvXiDpEkrfIBNbipO0fRg1pDSruAjfp1BnTgZu81qOfnPQh3Bw2LqGQqsT2DBVIi7lxgvbmsv6GSN7zsvIs83FCLjg58BnsTmt9p7S_7van9tUFpVRuRW0kw5V1AU1UkC__w2SZOf4coz_2EvU" width="624" height="405" style="display: block; margin-left: auto; margin-right: auto;"> 
<h3 dir="ltr" id="span-dogecoin-doge-span">Dogecoin ($DOGE)</h3> 
Dogecoin, boasting a market capitalization of $11.2 billion, is the largest meme coin and the 10th largest cryptocurrency on the market. The Dogecoin price is currently trading at $0.078.&nbsp; 
$DOGE, which is also Elon Musk’s favourite cryptocurrency, was one of the top-performing tokens of the last crypto bull market.&nbsp; 
Social media influencers such as <a href="https://x.com/realbullrunking/status/1743640606188929442?s=20" target="_blank" rel="noopener">Bullrun King</a>, who has close to 115k followers on X, believe that Dogecoin will hit the $1 mark in 2024. Similarly, <a href="https://x.com/CryptoTony__/status/1742945483276861708?s=20" target="_blank" rel="noopener">Crypto Tony</a>, who has close to 400k X followers of his own, believes that $DOGE will start the meme season once it flips the $0.107 resistance level.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/2Zs27A-GBlu2Mi21DtuESexKWzib9Z0vXxZscJIn3NuDAggBfq22bXuwbJUgRNrk5sk-GRePgFsqp9QK2YHXdqJAVZUNWwNb6colSWQoqaPm0jXtUp3hq-WhwipFn-y_Bfg670T6WUbjtEQiAoSezYI" width="624" height="315" style="display: block; margin-left: auto; margin-right: auto;"> 
<a href="https://x.com/DaanCrypto/status/1744698282947891413?s=20" target="_blank" rel="noopener">Daan Crypto Trades</a>, who has over 350k followers on X, also highlighted $DOGE as one of the best meme coins for the next bull run. These Dogecoin price predictions may turn out to be too conservative if Elon Musk starts to publicly back the dog-based meme coin once again.&nbsp; 
<h3 dir="ltr" id="span-meme-kombat-span">Meme Kombat</h3> 
Meme coins will be one of the best asset classes to invest in 2024, due to their high rewards potential. In particular, newer meme coins could make investors extremely rich, considering that they can offer 10x - 100x returns.&nbsp; 
<a href="https://shrt.care/b591bffa?referrer=7-best-crypto-to-buy-that-twitter-influencers-back-to-explode-in-2024---bitcoin-xrp-new-meme-coin" target="_blank" rel="noopener">Meme Kombat</a> is one such new meme coin that social media analysts are extremely bullish on. <a href="https://x.com/CryptoTony__/status/1707501272872415415?s=20" target="_blank" rel="noopener">Crypto Tony</a>, with close to 400k followers on X, praised its price potential, highlighting its Play-to-earn and staking utility and believes it to be one of the best crypto to buy in 2024.&nbsp; 
<img src="https://lh7-us.googleusercontent.com/eC-9tZQZdyy311IYs0NJgw9WcmQeZ4bxKCuBiZQUFGhj_bqtGYjg3JMaXn7bwk3PxsTNQfwqnL3CwzSzc-RM03bt6adUsoPmW_S9n-YAMY4YF5Sx9soRXuOP-8p3BfxuSNxxEHgfeSZyeE0tWW-gMoM" width="624" height="504" style="display: block; margin-left: auto; margin-right: auto;"> 
The robust demand for $MK is obvious in its presale, in which the new meme coin has raised close to $6.5 million.&nbsp; 
Indeed, Meme Kombat is not any run-of-the-mill meme token - it features some of the most exciting Web3 concepts. For instance, the platform is launching a virtual gaming arena, exhibiting a “war of meme coins”. The platform will have 11 fictional characters such as Doge, Shiba, Pepe, Floki, etc - each representing a popular token.&nbsp; 
These mascots will engage in AI-simulated battles, the outcome of which will remain unpredictable. Gamers will be able to pick their champion and bet on the outcome of the game in various gaming modes such as player vs player or player vs game. Investors also have the option to stake $MK and earn passive income, currently at an APY of 147%.
Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/7-best-crypto-to-buy-that-twitter-influencers-back-to-explode-in-2024-bitcoin-xrp-new-meme-coin-tbt76046.html">https://thebittimes.com/7-best-crypto-to-buy-that-twitter-influencers-back-to-explode-in-2024-bitcoin-xrp-new-meme-coin-tbt76046.html</a>

7 Best Crypto To Buy That Twitter Influencers Back To Explode In 2024 - Bitcoin, XRP, New Meme Coin

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