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Bitcoin ($BTC) has crossed $63,000 for the first time in more than 2 years, reinforcing the predictions of a massive bull year for altcoins. While in the early stages of the bull market, Celestia ($TIA), Starknet (STRK), Mina ($MINA), and Galaxy Fox ($GFOX) have emerged as the best altcoins for investors to hold.
Based on their recent performances, these altcoins are considered underpriced by experts and have shown the potential to rise meteorically before the end of 2024. Read on to find out why these are the best altcoins to buy in 2024 and what their potential price targets are.
In the middle of the recent crypto market surge, Galaxy Fox ($GFOX) has become one of the best ICO presales. The price of $GFOX, the native utility token of the project, has risen by about 300%, reaching a new high of $0.002178.
Investors have also thrown their weight behind the initiative, helping to raise almost $3.7 million even before its launch. Galaxy Fox has received this support as it is a unique project that combines meme coin culture with play-to-earn gaming. This unique blend of fun, utility, and earning potential makes $GFOX one of the hottest prospects.
Because Galaxy Fox is still a new ICO crypto, $GFOX is still to step into its best days. Thus, it is regarded as the best cheap crypto to buy now. Ahead of its launch, crypto experts have forecasted gains of over 50x for Galaxy Fox, making it one of the best crypto coins to invest in for massive gains in 2024.
Although the crypto market has been trending upward over the past month, Celestia ($TIA) has failed to join the trend. In the monthly time frame, the price of $TIA has dropped by 7%, ranging around the $17 level.
However, given the track record of Celestia ($TIA), many crypto experts have predicted that a new all-time high is around the corner. These predictions are hinged on the rapid growth rate of the Celestia network, the first layer-1 modular blockchain.
Starknet ($STRK) is regarded as one of the best altcoins for every investor in spite of the 25% price drop of $STRK over the last 30 days. $STRK remains a good crypto to buy, thanks to the massive growth of its network.
In the past 7 days, the total value (TVL) locked on the network has surged by more than 200%. In the first two weeks of its mainnet launch, the TVL of Starknet has peaked above $1.3 billion. With the massive growth of its network, investors are optimistic of a $STRK price rally in the coming weeks.
Mina ($MINA), one of the best altcoins in 2023, has had difficulty continuing its upward trajectory in 2024. The price of Mina has fallen to the $1.30 support level because to the recent bearish activity.
The BreakOut_Expert's explanation of the decline is that it has driven the price of altcoins to the bottom of an ascending channel. Since Mina has held this support level, a rise from it might cause the currency to peak at about $2.80.
Given their potential for growth, $TIA, $STRK, $MINA, and $GFOX are some of the best altcoins to invest in, even though Bitcoin continues to command attention with its recent price climb beyond $63,000. Although these four coins will produce a sizable returns, $GFOX looks to be the most promising, especially as its launch day approaches.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
