The new year is approaching. Bitcoin and altcoins have been continuing their progress recently. From this it can be seen that participants are probably looking for more earnings. Crypto expert Ana Zirojevic has identified 4 altcoins that are showing strength in the market and therefore offer a good entry opportunity into 2024.
Dogecoin (DOGE) is at the top of the list
Dogecoin (DOGE) has experienced an increase in the number of accounts holding more than $1 million in DOGE in the past year. At the time of writing, this number has reached 718. Additionally, 107 addresses hold more than $10 million worth of popular meme coins.
In line with this trader confidence, Dogecoin increased its price by 1.45% in the last 24 hours. Moreover, according to the latest data, it gained 0.53% in the previous seven days. The altcoin increased by 14.96% in the past month.
Second ranked altcoin: Shiba Inu (SHIB)
At the same time, fellow dog meme coin Shiba Inu (SHIB) is posting fresh gains on the backdrop of its team reportedly working with internet domain service D3 to establish the ‘.shib’ domain. Moreover, a weekly close above $0.000011 could propel it further.
At the time of writing, the Shiba Inu is changing hands at a price of 0.0000105. This indicates an increase of 10.43% over the previous week. Additionally, SHIB made a more significant gain of 21.17% on its monthly chart. Meme coin recorded an increase of 2.54% on a daily basis.
Hedera (HBAR) comes in third place
Meanwhile cryptokoin.comAs you follow from , Hedera (HBAR) has partnered with South Korean automotive giants Kia and Hyundai to introduce its CO2 emissions monitoring system. Thus, he announced joint efforts with the United Nations to address climate change. These developments are also promising for the altcoin.
Hedera price was at 0.088 at the time of writing. In other words, the altcoin increased by 10.28% in the last 24 hours. Additionally, HBAR is up 12.67% from seven days ago. Moreover, it improved by 31% compared to the previous month.
The last altcoin is Solana-based meme coin Bonk (BONK)
Bonk (BONK) experienced a huge increase in both its price and market value after crypto exchange Coinbase introduced the token to its platform. So much so that it has become the latest trending meme coin in the market.
Bonk is currently trading at $0.00002036. This represents an increase of 5.23% on the day. Additionally, the altcoin price gained 93.69% last week. Moreover, it recorded a progress of up to 311.31% on a monthly basis.
Overall, the above altcoin projects show significant potential for further, larger price increases in the future, especially in terms of positive developments and optimistic sentiments around them. However, it is important to do due diligence and research before investing in these coins.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. We strongly recommend that you do your own research before investing.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!