- December 11, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Here Are 8 Top Altcoins to Buy on This Crypto Dip appeared first on Coinpedia Fintech News
The crypto market recently experienced a sharp decline of almost 500 billion, while Bitcoin even shed about 8% of its value. However, the altcoin market saw almost a 10% to 20% dip. Amidst this turbulence, experts have accumulated 8 top altcoins with strong potential for gains in the next bullish cycle. So, don’t miss out on these top picks.
1. Ondo (ONDO)
Ondo is gaining attention in the Real World Asset (RWA) sector for its stablecoin solutions. Backed by big names like BlackRock, ONDO is showing strength as large investors continue to buy it. With a current price of $1.75, experts believe it could reach $5–$10 in this market cycle.
2. Injective (INJ)
Injective price has dropped by more than 18% in the past 7 days, crashing the brief $27 mark, echoing the bearish sentiment. Amid this drop, and the rising popularity of AI in blockchain, INJ remains a solid pick.
3. MOVE
Movement Labs, the first “Move-EVM” Layer-2 on Ethereum, shows promise. If bullish trends continue, it could retest $1 and potentially rise past $1.45.
4. Sui (SUI)
Sui, a layer-1 blockchain, has gained traction for its focus on security and efficiency in digital asset ownership. Currently, SUI is trading around $3.77 reflecting a rise of almost 16% in the month with a market cap of $11 billion
5. HyperLiquid (HYPE)
HyperLiquid has grabbed the attention with its recent $1.8 billion token distribution, one of the largest airdrops in the crypto industry. With a market cap of $3.83 billion, HYPE is expected to Hit $20 soon.
6. PEAK
PEAK, with its strong fundamentals and growing ecosystem, has been highlighted as a token to watch. As of now, it is trading around $0.00048 reflecting a drop of 1%.
7. THENA
THENA has emerged as a hidden gem in the crypto space, gaining traction for its unique approach to decentralized finance.
8. Jupiter (JUP)
Lastly, we’ve Jupiter, known for its scalability and innovative solutions, JUP stands out as an altcoin with significant potential in the next market uptrend. Currently, Jup stands at $1.1 reflecting a rise of 9% in the last 24 hours with a market cap of $1.5 billion