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The raging bull market is pushing crypto prices up significantly. For instance, BTC is exchanging hands at over $70,000 at the time of writing. But that price action is not limited to the top cryptocurrency or the other major altcoins. Many tokens at the bottom of the list are also about to get injected with bullish conditions to rise to the top of the CoinMarketCap charts. Investors must look out for them to make attractive returns this bull run.
NFTFN
The NFTFN token is an expert favorite during this bull run, expected to rise to the top of the altcoin charts very soon. It is currently in its presale stage, offered at just $0.025. This small presale price is forecasted to jump tremendously, with experts claiming it can offer up to 400X profits by the year-end. If that prediction holds, the token will hit the $10 mark by the time 2024 concludes.
The strong expert belief behind this price rise comes because of the platform the token is native to. The NFTFN platform is a trading application that reimagines the NFT trading process to make blue-chip collections accessible to everyone. These top-dollar NFTs are worth in the thousands, isolating a large segment of NFT enthusiasts from interacting with their robust price action.
NFTFN changes that by letting users tap into the assets fractionally with just $10, thanks to its index-based trading approach. Such an industry-changing use case will imminently attract users from all strata of the NFT market, making NFTFN the gateway to the NFT revolution. That will result in unstoppable adoption and, in turn, elevate the NFTFN token's price to marvelous heights.
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XLM
Another underrated asset that will invariably top CoinMarketCap charts, with it already creating the buzz for massive growth, XLM is a portfolio essential for investors. Native to the Stellar network, XLM plays the central role of being the fee-paying medium on it. As with the previous token, XLM derives its value and the massive potential of blowing up due to the network it is native to.
Stellar is a hard fork of the Ripple network and was launched all the way back in 2014. The network tries to improve on what Ripple offers, aiming to be the protocol enterprises turn to for their blockchain needs. And that is paying off as Stellar is securing massive adoption from various big-name companies for their blockchain deployments.
It currently fluctuates at $0.15 and can easily reach $0.5 soon. Experts suggest it will capitalize on that momentum to cross $1, beating its previous all-time high (ATH) of $0.87. Despite the token's long stay in the crypto market, 2024 will be its year as more and more enterprises make their way to the Web3 ecosystem.
ALGO
ALGO, Algorand's native token, is far exceeding everybody's expectations. The token has stayed in the green since January and has grown to over $0.25 in a long time, presently trading at $0.28. That feat is exciting because the token was severely impacted by 2023's bear run, which saw it dipping to the lowest of its lows.
That is changing, and ALGO is in a race to reach the performance it observed in the previous two bull runs. Moreover, the Algorand blockchain continues witnessing increased usage thanks to its near-instant transaction confirmations and low transaction fees, making it a haven for everything Web3.
Many developers are making their way to the network, breeding a broad dApp ecosystem that users are taking advantage of. With Algorand's growing ecosystem and usage, ALGO will continue exhibiting growth, with the present bull run elevating that growth further.
Conclusion
A burgeoning crypto market makes it the perfect time for investors to get in on the action. As many tokens mark massive surging activity, investors must keep their eyes out for the ones with the most potential. To that end, NFTFN, XLM, and ALGO are expert favorites to become breakout start this year by offering some of the largest gains in the altcoin segment, pushing them to the top of CoinMarketCap charts.
About NFTFN
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
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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.
