2024

Solana

Injective

Avalanche

<h4>But it’s not just Bitcoin that can make someone rich. My research team and I came across 3 altcoins or the only 3 altcoins that you might need to make some big gains in the 2024 bullrun.&nbsp;</h4> 
Let’s dive in with these altcoins 
<h5>1) Solana (SOL)</h5> 
<a href="https://www.coingecko.com/en/coins/solana" target="_blank" rel="noopener">Solana</a> was one of the dogs of the market for most of this bear market. And understandably so. It had a close relationship with SBF and Alameda. Alameda still owns a lot of SOL. It had an issue with network outages and claims of centralization based on how they managed those outages. 
Its bear market low was $9.60 in December of 2022. It’s done a 15x since then. Yet, it’s still 41% off of its all-time high of $259. But this bullrun we at Altcoin Buzz expect it to go even higher. How high? I will get to that in a minute. Before that let’s try to understand whether this pump is backed by some substantial growth or just hype. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Why Web3 Games on <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw">@solana</a>? Player Owned Economies. <a href="https://twitter.com/mralbertchen?ref_src=twsrc%5Etfw">@mralbertchen</a> on the <a href="https://twitter.com/ValidatedPod?ref_src=twsrc%5Etfw">@ValidatedPod</a> with <a href="https://twitter.com/Austin_Federa?ref_src=twsrc%5Etfw">@Austin_Federa</a> 
 Web3 games benefit from the flywheel effect "…when users become both the supply side and demand side of the business" <a href="https://t.co/WPBXmtme9a">https://t.co/WPBXmtme9a</a> 
 — Genopets – Phase II Whitelist Beta (@genopets) <a href="https://twitter.com/genopets/status/1767732318054269422?ref_src=twsrc%5Etfw">March 13, 2024</a>
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Data from <a href="https://defillama.com/chain/Solana" target="_blank" rel="noopener">DefiLlama</a> shows Solana’s total value locked (TVL) has increased to $3.2billion on March 13.&nbsp; Over the last four months, the TVL has been up 458% from $580 million in November 2023. Why is this happening? The rising TVL reflects traders’ interest in Solana’s DeFi ecosystem and shows <a href="https://cointelegraph.com/tags/solana">Solana</a> continuing to attract new users because of its lower traction costs, particularly those hunting for new airdrops. 
Some of the biggest airdrops of 2023 like Jupiter and the launch of big projects like Jito and Pyth attracted lots of new users to Solana. This was followed by <a href="https://www.altcoinbuzz.io/?s=bonk" target="_blank" rel="noopener">BONK</a>, a Solana-based memecoin.&nbsp;There are still several airdrops expected over the next few months. We will keep you updated on those in our Airdrop series. And this means we will see the Solana ecosystem exploding in 2024.&nbsp; 
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 Teams on Solana like <a href="https://twitter.com/primitives_xyz?ref_src=twsrc%5Etfw">@primitives_xyz</a> are developing new onchain primitives like Non-Fungible Graphs<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Learn more about how their approach is uniquely unlocked by Solana's architecture, empowering creators to own their digital identity &amp; the connections they build<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/fvuSnQjACY">https://t.co/fvuSnQjACY</a> 
 — Solana (@solana) <a href="https://twitter.com/solana/status/1767605791727784365?ref_src=twsrc%5Etfw">March 12, 2024</a>
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According to our fundamental and technical analysis, we expect SOL to go up to $500-1000 which is an easy 8-9x from here. Want to find out how we came to this number- Check out this <a href="https://www.youtube.com/watch?v=EAdfHp_Xv00&amp;pp=ygUec29sYW5hIG1pbGxpb25haXIgYWx0Y29pbiBidXp6" target="_blank" rel="noopener">video</a> that we did when Sol was priced at $53. No doubt, Solana is one coin that is a must-have in a bullish 2024 crypto portfolio 
<h5>2) Avalanche (AVAX)</h5> 
I know we have not been covering it extensively. But there is too much catch-up to be done there.&nbsp;But this is the biggest one. On March 11 South Korean gaming giant Nexon announced that a spin-off of its leading game MapleStory, <a href="https://decrypt.co/221170/maplestory-universe-avalanche-gaming-giant-nexon-dumps-polygon" target="_blank" rel="noopener">MapleStory Universe</a> will launch on Avalanche in place of Ethereum Layer 2 Polygon.&nbsp; 
And this comes as no surprise after Avalanche’s Durango upgrade which unveiled ‘Teleporter’ to boost subnet interoperability. Teleporter aims to make <a href="https://www.avax.network/" target="_blank" rel="noopener">Avalanche</a> a fully interoperable network. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;">Durango Update !!!. 
 You can see the fatigue on the boss's face. The whole team is working hard. 
 That's why I believe the <a href="https://twitter.com/hashtag/Avalanche?src=hash&amp;ref_src=twsrc%5Etfw">#Avalanche</a> will be successful in the end. 
 EGS (<a href="https://twitter.com/el33th4xor?ref_src=twsrc%5Etfw">@el33th4xor</a> ) : If you want true decentralization, if you want fast consensus, if you want to… <a href="https://t.co/f061WEqooz">pic.twitter.com/f061WEqooz</a> 
 — citizenthree.avax <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@turkcrazy07) <a href="https://twitter.com/turkcrazy07/status/1765291622701441116?ref_src=twsrc%5Etfw">March 6, 2024</a>
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To be honest I still need to dig deeper into Avalanche and its bullrun potential. But on the surface, the project seems to be attracting a lot of traction. Its <a href="https://defillama.com/chain/Avalanche" target="_blank" rel="noopener">TVL</a> is up 200% in the last 4 months. So I am sure something big is about to happen.&nbsp; I promise I will very soon do an Avalanche deep dive to give to a better idea of what to expect in 2024. Stay tuned to the space. 
<h5>3) Injective (INJ)</h5> 
<a href="https://injective.com/es" target="_blank" rel="noopener">Injective</a> is one that went from relative obscurity to a top 40 project all in the last year. Its growth has been SO explosive, 1224% that it leaves people wondering, did I miss my chance? 
Let’s evaluate.&nbsp;Look at <a href="https://defillama.com/chain/Injective" target="_blank" rel="noopener">Injective’s TVL</a>. It went from $14.8mn to $74.1mn in just 4 months. Just yesterday INJ touched a new all-time high.&nbsp; One of the most important cohorts for Injective is the whales. These large wallet holders tend to influence the price direction based on their actions on-chain. But it is important to notice that retail has been holding on to its Inj bags indicating a strong belief in the price explosion in the coming bullrun.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 1/ Injective <a href="https://twitter.com/hashtag/inEVM?src=hash&amp;ref_src=twsrc%5Etfw">#inEVM</a> is live on mainnet, the first ever rollup designed to supercharge concurrent VM development. 
 inEVM enables Ethereum developers to build dApps that leverage blazing fast speeds &amp; near zero fees while achieving composability across WASM and EVM 
 Read on <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/OXtPQTVnvx">pic.twitter.com/OXtPQTVnvx</a> 
 — Injective <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@injective) <a href="https://twitter.com/injective/status/1765755882216841264?ref_src=twsrc%5Etfw">March 7, 2024</a>
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If Injective’s financial appchain story becomes a success, there’s no reason why it couldn’t become a $100 billion project. The best part is the tokenomics with <a href="https://www.coingecko.com/en/coins/injective" target="_blank" rel="noopener">$INJ</a> having a total supply of 100M and a current Mcap of $4B. The coin has plenty in store for this bull market. 
Our FA + TA analysis suggests in the next 2-5 years, we see INJ going up to $400-600. If you want to check out how we came to those numbers check out this video. We did this video when INJ was priced at $15-20 and it is already up 2.5x since then.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Injective Overview<a href="https://twitter.com/injective?ref_src=twsrc%5Etfw">@Injective</a> is the fastest finance-focused blockchain, boasting a lightning-fast 0.8 second block time 
 Dive deep into the <a href="https://twitter.com/hashtag/Injective?src=hash&amp;ref_src=twsrc%5Etfw">#Injective</a> Ecosystem in this thread &amp; unlock insights into potential opportunities!<a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$INJ</a> 
 (1/14) <a href="https://t.co/woYu5NBvjd">pic.twitter.com/woYu5NBvjd</a> 
 — Coin98 Analytics (@Coin98Analytics) <a href="https://twitter.com/Coin98Analytics/status/1767786502623461634?ref_src=twsrc%5Etfw">March 13, 2024</a>
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So these are my bullrun must-have altcoins. Let me know how you feel about them. 
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Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/the-only-3-altcoins-you-must-own-before-this-crypto-bullrun/">The ONLY 3 Altcoins You Must Own BEFORE This Crypto Bullrun!</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

The ONLY 3 Altcoins You Must Own BEFORE This Crypto Bullrun!

Altcoin Buzz

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