Altcoins
Crypto Experts List Top 5 Altcoins With Huge Return in 2024
Despite a week of sideways movements in the crypto market, with altcoins showing minimal signs As Bitcoin struggles to surpass the $65,000 price level, renowned crypto analyst Michaël van de Poppe has identified a specific group of altcoins.
According to van de Poppe, these altcoins have 3x return potential compared to Bitcoin while minimizing risks.
Best Altcoins with 3x Gain
The analyst claimed that he chose these altcoins because they are now at the bottom of the market and these tokens have the capacity to rise 3x against BTC.
OP Games (OP): This altcoin operates in the gaming industry, an area with significant growth potential. Currently OP part is trading at $2.47, down almost 50% from its January high of $4.8.
Chain link (LINK): Chainlink is a well-established decentralized Oracle network that facilitates smart contract interoperability. With its strong fundamentals and widespread adoption, Van de Poppe sees LINK as a promising competitor to outperform BTC.
Wootrade (WOO): Wootrade is a decentralized trading platform designed to improve liquidity on various crypto exchanges. Van de Poppe notes that Woo Coin has seen a significant decline from its previous high of $0.82, with the current price sitting at $0.29.
Celestia (TIA): This is the first modular blockchain network that allows anyone to easily deploy their blockchain with minimal overhead. From now on, AIT is trading at $9.65, reflecting a decline of 6.51% and resulting in a market cap of $1.7 billion.
Skale Network (SKL): Skale Network is an Ethereum-compatible decentralized blockchain network designed to improve scalability and interoperability. Van de Poppe sees SKL as a promising project with the potential to overtake BTC in terms of yield.
Decrease in Bitcoin holdings
Despite its history focus on Bitcoin, the analyst revealed a recent decrease in his Bitcoin holdings, indicating a shift towards altcoins. However, van de Poppe clarified that he plans to increase his Bitcoin holdings again in the future.
Furthermore, the analyst, who showed bullish sentiment towards Ethereum, also provided valuations for this altcoin. He noted that the price of ETH had started to rise again. Additionally, he highlighted that the ETH/BTC pair reached its highest level in the last two years.
Also discover: Three Altcoins Set to Thrive Amid Ethereum ETF Buzz