A raging bull market has caused the prices of cryptocurrencies to rise significantly. For example, as of this writing, BTC is trading at over $70,000. However, its price action is not limited to top cryptocurrencies or other major altcoins. Many tokens at the bottom of the list are also about to be injected with bullish conditions to rise to the top of the CoinMarketCap charts. Investors need to keep an eye on whether they can make attractive returns in this bull market.
of NFTFN The token has been a favorite of experts during this bull market and is expected to rise to the top of altcoin charts soon. It is currently in pre-sale stage and is being offered for just $0.025. This small pre-sale price is expected to jump significantly, with experts claiming that it could deliver up to a 400x return by the end of the year. If this prediction holds true, the token will reach the $10 level by the end of 2024.
Experts strongly believe behind this price increase is the platform the token is natively used on. The NFTFN Platform is a trading application that reimagines the NFT trading process to give everyone access to a collection of blue-chip chips. These top-end NFTs are worth thousands of dollars, leaving a large portion of NFT enthusiasts isolated from their robust price action.
NFTFN has changed this by giving users partial access to assets for as little as $10 thanks to its index-based trading approach. Industry-changing use cases like this will quickly attract users from all tiers of the NFT market, making NFTFN the gateway to the NFT revolution. It will lead to unstoppable adoption, resulting in the price of the NFTFN token rising to incredible heights.
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Another undervalued asset that consistently tops the CoinMarketCap charts, XLM is already generating significant growth buzz and is a must-have portfolio for investors. XLM, unique to the Stellar network, plays a central role as a paying medium on that network. Like the previous token, XLM derives its value and huge potential to explode with its underlying network.
Stellar is a hard fork of the Ripple network and was launched in 2014. The network seeks to improve upon Ripple's offering with the aim of becoming the protocol that caters to enterprises' blockchain needs. And it pays off as Stellar secures significant hiring from a variety of big-name companies for blockchain deployments.
It is currently floating at $0.15 and could easily reach $0.5 soon. Experts suggest that the stock will use the momentum to push above the all-time high (ATH) of $0.87 and above $1. Even though the token has remained in the cryptocurrency market for a long time, 2024 will be the year when more and more companies will enter his Web3 ecosystem.
ALGO, Algorand’s native token, has far exceeded everyone’s expectations. The token has remained green since January, growing to above $0.25 for a long time and currently trading at $0.28. This feat is exciting because the token was severely affected during the 2023 bear market, dropping to its lowest price.
That is changing, and ALGO continues to race to reach the performance observed during the last two bull markets. Additionally, the Algorand blockchain continues to see increased usage thanks to its near-instantaneous transaction confirmations and low transaction fees, making it a haven for all things Web3.
Many developers have joined the network, fostering a broad dApp ecosystem for users to leverage. As Algorand's ecosystem and usage expands, ALGO will continue to show growth, and the current bull market will further boost that growth.
The rapidly growing crypto market makes it the perfect time for investors to get in on the action. With many tokens showing massive spikes in activity, investors should focus on those with the most potential. To that end, NFTFN, XLM, and ALGO are expert favorites to have a breakout start this year by delivering the biggest gains in the altcoin segment and pushing them to the top of the CoinMarketCap charts.
NFTFN is the perfect platform for perpetual trading of a variety of assets, including blue-chip NFTs, cryptocurrencies, and real-world assets. With a minimum investment of just $10, users can easily take long or short positions in the asset class of their choice, catering to traders of all levels.
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