Altcoins
Here are the 5 best Altcoins to make your Lambo dream come true
Prominent crypto expert and YouTuber Lark Davis highlights the top five altcoins that can entice investors to realize their “Lambo” dream.
The crypto market experienced a major slowdown yesterday, leading to a sharp drop in prices of major assets. Data from CoinGecko shows that the global crypto market cap fell 3% over the past 24 hours to $2.69 trillion.
Despite the slowdown, investors still express unwavering confidence that this bull season will surpass all previous records in crypto history. Investors are therefore look for the best altcoins that will potentially generate massive returns during the bull season.
Top 5 Altcoins to Buy Now
In response to these inquiries, prominent crypto YouTuber Lark Davis highlighted the top five altcoins that could make investors’ Lambo dreams come true.
For context, Lambo, the short form for the exotic car Lamborghini, has become a favorite term used in crypto-related discussions. It is used to express excitement about getting rich through crypto investing. For example, every time an investor asks, “When will Lambo?” it means when would the price of an asset increase.
In his recent videoDavis highlighted the top 5 altcoins that could make Lambo investors’ dream come true.
Jupiter (JUP)
Jupiter (JUP) is the first altcoin on the list. JUP is the native token of Jupiter, the Solana-based decentralized exchange (DEX) aggregator. The DEX allows users to trade tokens within the Solana network at optimal prices with low slippage and transaction fees.
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Although Jupiter launched in 2021, the team behind the DEX rolled out its native token on January 31, 2024. The token, which hit an all-time high of $2 at the time of its launch, is currently trading at 1.02 $, down 8.5. % in the last 24 hours.
Aerodrome Financing (AERO)
The second altcoin on the list is Aerodrome Finance, a decentralized exchange built on Coinbase’s Base blockchain network.
Launched in August 2023, Aerodrome aims to become the central liquidity platform for the Base blockchain by combining a user-friendly interface and a sophisticated liquidity incentive engine. AERO, which reached an ATH of $2.31 in April 2024, was trading at $0.99 at press time.
Sub-squid (SQD)
According to Davis, Subsquid, a blockchain indexing service tailored for Web3, could be the Google of blockchain. The project is a Web3 application facilitating quick and cost-effective data searching for developers.
SQD launched on May 17, 2024 on several exchanges including KuCoin, MEXC Global, CoinList, Bybit, and Gate.io. At press time, SQD was trading at $0.15, up 8.8% in the last 24 hours.
Oasis Network (ROSE)
Launched in 2020, Oasis Network is a layer 1 blockchain designed for scalability and privacy. Davis highlighted ROSE as the fourth altcoin that could make investors’ Lambo dream come true. ROSE was trading at $0.1 in the hours prior to publication, marking an 8.8% decline over 24 hours.
Ghost (FTM)
Fantom (FTM), a layer 1 blockchain launched in 2018, is the fifth and final altcoin on the list. At the current price of $0.72, FTM is down 79.1% from its all-time high of $3.46 recorded on October 28, 2021.
It should be mentioned that the article is for informational purposes and does not constitute investment advice. Davis urged investors to do their due diligence before investing money in the aforementioned altcoins.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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