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The altcoin market has been swinging since 2024, with coins like Solana hitting levels no one expected. But after a recent sharp dip, the market is showing signs it might bounce back.
The altcoin market has been volatile in 2024, with some coins, like Solana, hitting levels that no one expected. However, after a recent sharp dip, the market is showing signs that it might bounce back. In fact, technical indicators, like the “golden cross” in charts, even hint at altcoins gearing up for another surge.
One of the most interesting aspects of the recent altcoin market dip is that it could actually be a good sign for long-term investors. This is because history has shown that similar dips have often come right before major rallies. According to a top analyst, four altcoins, in particular, could have a big impact on the upcoming bull market.
Here are the four altcoins that could lead the next crypto bull market
1. SUI (SUI)
Currently sitting at 13th in the market with a solid $10 billion valuation, SUI is seen as one of the top contenders for the next bull run. Despite a correction in its price from all-time highs, it still has the potential for growth. Back on January 6 2025, the coin peaked around $5.35, and it could rise again once the market recovers.
2. Aerodrome Finance (AERO)
Having quickly become the go-to decentralized exchange (DEX) for the Base Chain, which has seen a lot of fresh interest, Aerodrome Finance is another coin that could be set for big gains. With a market cap of around $600 million, there is still plenty of room for growth.
Considering the growing demand for Base Chain’s ecosystem and the popularity of meme coins, this coin could be poised for explosive gains, not unlike what was observed during the DeFi Summer of 2021.
3. Ondo (ONDO)
As a major player in the Real-World Asset (RWA) sector, Ondo continues to attract attention due to its growing popularity among investors.
Having already put up some impressive numbers, this coin has a market cap of roughly $4.2 billion. According to the analyst we cited earlier, Ondo’s current price of around $1.35 could be a steal, offering investors the chance to buy in at a favorable price.
4. Hedera (HBAR)
With a sizable $9 billion market cap, Hedera (HBAR) has experienced a surge in price and is now undergoing a correction.
But, this dip could be the ideal entry point for investors looking to buy at a discount. Having built a strong ecosystem and working with several major companies, including Google, T-Mobile, and LG, Hedera is strengthening its position in the market.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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