Which Alternative Cryptocurrencies to Buy in 2024: People who like cryptocurrency and invest in it are always searching for new altcoins that could make them a lot of money. In 2024, experts will give advice on the best altcoins to think about.
Experts, who consider things like new technology, market trends, and the chance for growth, give helpful advice to people dealing with cryptocurrencies in the ever-changing world.
Altcoins to consider in 2024
Cryptocurrency expert Michaël van de Poppe says the altcoin season is happening right now. However, the CEO and founder of MN Trading Consultancy mentions that there are only three months left to enter at a good price.
On February 3, Arthur Hayes, who owns Bit MEX, posted about Solana’s price dropping from $102 in January to $94. He suggested that it could be a good time to invest again, possibly after a few US banks face difficulties this weekend.
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In late January, during an AMA interview with Dan Tom, Mark Cuban, who is an investor on Shark Tank and the owner of the Dallas Mavericks, was questioned about his preferred cryptocurrency project other than Bitcoin and Ethereum.
He said it’s a good idea to invest in both Polygon and Injective. He also suggested that investors should do their own research.
In 2023, 15 million new users joined Polygon (MATIC), almost as many as Ethereum. But remember, they’re not competitors. Polygon helps scale Ethereum. The price of injectives (INJ) went way up in December 2023, reaching its highest point ever.
It’s a good idea to consider investing in Ethereum, a top altcoin. Currently, Ethereum’s value is $2,315.28. It went down by 0.6% in the past hour but increased by 0.8% since yesterday. Compared to a week ago, Ethereum is now 3.2% more valuable. The 24-hour trading volume for Ethereum is $7,762,205,103.
Crypto expert Michaël van de Poppe predicts that Ethereum, along with layer two networks Arbitrum (ARB), Optimism (OP), and Polygon (MATIC), will do well. He also believes that Polkadot (DOT), Cosmos Hub (ATOM), Avalanche (AVAX), and Chainlink (LINK) are likely to experience a positive trend soon.
Crypto market performance for these altcoins
Currently, Solana (SOL) is worth $97.82, which is slightly lower by 0.2% compared to an hour ago but slightly higher by 0.3% compared to yesterday. The current SOL value has increased by 1.6% in the past seven days. In the last 24 hours, the trading volume for Solana was $1,642,229,109.
As for Polygon (MATIC), its current value is $0.7889, showing a 0.4% decrease from an hour ago and a 0.8% increase from yesterday. The value of MATIC has gone up by 1.7% in the last seven days. In the past 24 hours, Polygon’s total trading volume was $231,783,678.
Binance says Injective’s current price is $32.92 in US dollars, and its market cap is $2.91 billion. The trading volume in the last 24 hours has been $83.31 million. The price of injectives in US dollars is updated live. In the past day, Injective’s price dropped by 0.79%, and there are 88.39 million Injective tokens in circulation.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.
