As the new year quickly approaches, the cryptocurrency industry is struggling to end the year on a bullish note. In this context, crypto expert Ana Zirojevic looks at four altcoin projects that are gaining ground by the end of 2023 and therefore represent a good buying opportunity. Experts think these are good picks to have in January.
The first altcoin on the list: Helium (HNT)
Helium (HNT) shook up the telecom market with the launch of its Helium Mobile decentralized wireless network in the US, offering a $20-a-month unlimited cell phone plan and Non-Fungible Token (NFT) rewards. As a result, the price of its native token has seen a significant increase.
At the time of writing, this altcoin was trading at a price of $7.97. This price corresponds to a decrease of 12.91% in the last 24 hours. However, HNT has gained a whopping 265.96% in the past month, according to the latest data. Additionally, it saw a 27.85% increase in the previous seven days.
In second place comes Draper’s favorite Stacks (STX)
Meanwhile, Stacks (STX) has become one of the three most trending altcoins on social media, along with Solana (SOL) and NEAR Protocol (NEAR), based on increasing social volumes. Meanwhile cryptokoin.comAs you follow from , venture capitalist Tim Draper praised Stacks. These positive comments from Draper pushed the native token of the Stacks network even higher.
In fact, STX was changing hands at $1.45 at the time of writing. Meanwhile, the altcoin fell 2.87% during the day. However, it still saw a significant increase of 33.25% throughout the week, according to the latest data. Moreover, it has recorded an impressive progress of 131.61% on its monthly chart.
Cardano (ADA), one of the leading companies in the league, is also included in the list.
Cardano (ADA) continues to strive to improve the ecosystem and educate the public. One of its most recent announcements was a partnership with Brazilian oil giant Petrobras to provide Blockchain training and explore technology use cases in the energy sector.
Currently, the current price of ADA is $0.60. The altcoin lost 4.79% in a week while recording a daily decline of 0.15%. However, according to its latest data, it has seen a notable increase of 60.28% in the previous 30 days.
Last ranked altcoin: Fantom (FTM)
Fantom (FTM) is not only making progress in price, but also the bullish growth of its network, which is reflected in the steady increase of new addresses. According to popular crypto analyst Ali Martinez, there is a rising demand for FTM. The analyst predicts that this will likely continue into January 2024.
Meanwhile, Fantom was changing hands at $0.47 at the time of writing. This indicates a daily increase of 8.97%. Additionally, according to the latest data, the altcoin made 10.49% progress throughout the week. Moreover, it gained 53.39% last month.
All things considered, the above altcoin projects have shown significant strength in recent weeks. This suggests there is a strong possibility of more in the coming weeks. However, it is very important to do one’s own research and risk tolerance analysis before investing.
The opinions and predictions in the article belong to experts and analysts and are definitely not investment advice. Before investing, we recommend that you do your own research, as the experts say.
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