As the crypto market moves to new heights, the tokens it comprises show massive price increments. Just a look at CoinMarketCap's landing page will suggest the growth top coins have witnessed in the few months since 2024 started. Nevertheless, top coins are not the only thing investors must look at while strategizing their portfolios.
CoinMarketCap's trending page is another resource investors can utilize to make winning plays this year. As it depicts various tokens performing the hottest they ever have, investors can add them to their portfolios to achieve the highest gains, more than what top tokens by market cap can provide.
An even better strategy includes identifying the tokens that will eventually make it to the upper echelon of the trending page. This will help investors get in on the action early and obtain the highest returns. Let's look at three tokens positioning themselves to take over the CoinMarketCap trending page.
NFTFN
The NFTFN token is considered a game-changer on multiple fronts. For instance, its presale price of $0.025, at which investors can acquire it right now, is speculated by experts to hit upwards of $10 by the end of this bull run. That means the NFTFN token will register a whopping 400X growth, turning investments of a few hundred into hundreds of thousands of dollars.
Experts believe in the token's ability to scale by 400X because of the platform it is native to. The NFTFN platform, from which the token receives its name, is an NFT trading application with a one-of-a-kind utility. Simply put, it allows users to tap into the high-level rewards of blue-chip NFTs, worth thousands of dollars, with as little as $10.
This transformative utility arises from the platform's novel index-based NFT trading approach, allowing users with little capital to indulge in NFTs that they could not afford earlier. That will ensure undoubted adoption, simultaneously pushing the NFTFN token's price up tremendously.
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LTC (Litecoin)
LTC, a crypto industry veteran, is expected to make a resurgence, as it does every bull run. This time will be different as analysts state it can offer unwavering gains through the year, taking investors to new levels of wealth. LTC benefits from having a dedicated community of users who utilize its blockchain network for all their transactions and trade it regularly, keeping its trading volume significantly up at all times.
Moreover, the Litecoin network, being a Bitcoin hard fork, witnesses hardcore usage, which has been prevalent for the previous decade, since its launch. Thus, LTC's price action is always sturdy, making it one of the best long-term investment choices.
The asset is exchanging hands at over $100, a price it has hit for the second time this month. It achieved similar price points even last year amidst a bear market when several assets flopped. That robust price action will push it further in the coming months, letting the token easily surge past its previous all-time high (ATH) of over $350.
UNI (Uniswap)
Native to the massive Uniswap ecosystem, UNI is one of the biggest assets coming from a DeFi application. Launched in 2020 to aid the governance-related functions of Uniswap, UNI has performed excellently to become a top 20 token by market cap. Such an achievement comes thanks the Uniswap being the biggest DEX in the DeFi landscape.
Belonging to one of the most extensively utilized dApp provides UNI the push to perform well through all market conditions, with bullish conditions only setting it up for massive price surges. It currently sits above the $12 mark, rising from half that price in the later months of 2023. The token will only continue rising as the bull cycle extends itself for the rest of 2024 and even beyond.
Conclusion
Considering the top altcoins by market cap may not always be the best strategy to accumulate the most gains. Figuring out what tokens will make it to the top of CoinMarketCap's trending charts is where the answer lies for investors to make the biggest gains. To that end, NFTFN, LTC, and UNI will rise to outperform their counterparts and become fixtures in CoinMarketCap's trending section for the foreseeable future.
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.