What crypto will be the next Bitcoin?
Ethereum (ETH)
Ethereum was one of the first altcoins, or alternatives to bitcoin.
Ethereum (ETH)
Ethereum was one of the first altcoins, or alternatives to bitcoin.
Ether will likely outperform bitcoin and other cryptocurrencies in 2024, according to JPMorgan analysts. That prediction comes on the back of Ethereum's EIP-4844 upgrade next year.
Ether could outperform bitcoin in 2024, according to ETC Group Head of Research André Dragosch, who noted that the potential reversal of ether's relative underperformance compared to bitcoin in 2023 will be propelled by its technological advancements and Ethereum's position as a leading smart contract platform.
If you're thinking of investing in cryptocurrencies, you're probably already considering Bitcoin. But other coins, like Ethereum, Ripple, Litecoin, Cardano, Binance Coin, Polkadot, Solana, and Avalanche are strong options for diversifying your crypto portfolio.
Bitcoin Minetrix (BTCMTX)– Crypto with the highest potential, over $10M raised. Sponge V2 (SPONGEV2) – Popular meme coin offering 205% staking APYs. Up by 100x in 2023. Meme Kombat (MK) – Meme platform offering AI-enhanced battles and 113% staking APYs.
The launch of spot Bitcoin exchange-traded funds last month marked an end to one of the biggest cryptocurrency arbitrage trades in the asset class's short history. But another opportunity is coming up soon.
Cryptos that could boom in 2024 include SingularityNET and Fetch.ai, both of which may capitalize on the popularity of AI. Bitcoin is another crypto that could be poised for a strong performance in 2024, thanks to the SEC's approval of Bitcoin ETFs.
They are now asking: "What do I invest in?" This article delves into the ten most promising cryptocurrencies to invest in 2024. Established titans like Bitcoin and Ether are going to be portfolio mainstays. But rising stars like Solana and Injective are also vying for a piece of the digital future.
And while past performance doesn't guarantee future results, ether has shown it can perform better than bitcoin during crypto uptrends. So as the market grows, it stands to reason that ether could eventually overtake bitcoin in market size.
Is Ethereum the next Bitcoin?
However, experts believe that due to its unique blockchain and several use cases, Ethereum has a stable future and might even perform better than Bitcoin in future but is unlikely to overtake the price of Bitcoin.
The top 5 stable coins in 2024 may vary depending on market conditions, but some of the most popular ones currently include Tether (USDT), USD Coin (USDC), Binance USD (BUSD), Dai (DAI), and TrueUSD (TUSD). Tether (USDT) is the most widely used stablecoin and is pegged to the U.S. dollar.
In this article, we will explore 15 such altcoins that shows promise for 1000x growth during the anticipated bull run of 2024/2025. 1. Cardano (ADA): Considered one of the top contenders, Cardano boasts a scalable and secure blockchain platform.
Dominant Cryptocurrency of 2023:
ApeMax's unique spot in the presale market is setting it up as a strong contender for 2023. Yet, the long-standing credibility of coins like Ethereum and the technological innovations of Polkadot keep them in the race as well.
Which crypto will boom in 2023? Dogecoin (DOGE) – Best Meme Crypto That Can Become A Millionaire-Maker Coin. Binance Coin (BNB) – One Of The Most Demanded Crypto To Soar This Year. Avalanche (AVAX) – The Best Altcoin That Could Bring Big Returns In 2023.
A List of Cryptos About to Explode. Smog (SMOG) – Latest multi-chain meme coin with potential to explode, airdropping 490 million tokens. Bitcoin Minetrix (BTCMTX)– Most likely crypto to explode, get 65% Staking APYs. Sponge V2 (SPONGEV2) – New token version of a popular meme coin, exploded by 100x in 2023.
Ethereum (ETH)
The upgrade also allowed the Ethereum network to handle more transactions per second, improve the platform's scalability and lower transaction fees. Compared to bitcoin, ethereum lacks scarcity bitcoin's supply is capped at 21 million coins and widespread acceptance by companies and governments.
Solana vs. Ethereum
That brings us to the No. 1 reason why I think Solana has the potential to skyrocket in value between now and the end of 2025: Solana is the one blockchain most capable of supplanting Ethereum as the market leader.
“'Solana may outshine Ethereum by 2030,' is something they said, with a base case of $335 (per token), a bull case of $3,211 — that's about 80x from here — but then a bear case of $10.”
Solend has $226 million in TVL. It boasts well over 170,000 users and supports over 70 assets. Besides DeFi, Sui's main focus seems to be on gaming. This is also going to be one of the biggest verticals in crypto for 2024.
Which cryptocurrency will reach $10,000?
So far in 2024, Bitcoin (CRYPTO: BTC) has attracted much of the attention of crypto investors, thanks primarily to all the buzz surrounding the launch of the new spot Bitcoin ETFs.
Ether "looks like the cryptocurrency with the highest real use potential," argues a new Goldman Sachs analysis, which predicts that ETH's value could eventually overtake BTC's. Ethereum's advantages include the ability to run applications like DeFi protocols.
If bitcoin experiences that same rate of appreciation in its average annual returns, it will reach $98,700 in January 2025 and hit $100,000 in February of that same year. Some experts believe bitcoin could increase in value even more quickly.
Can ethereum reach $50,000? According to VanEck's methodology, ethereum prices could surpass $50,000 by 2030 in a best-case scenario, but that would include a significant rise in activity on the ethereum blockchain over the next six years.
Bitcoin is the more established and mainstream of the two, which makes ETH just a touch riskier. As with most investments, it's possible Ethereum's higher risk brings with it potential for higher rewards.
