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Nine Altcoins to Buy Right Now Amid $1.6 Billion Crypto Liquidations

Andras Crow-Hreidar by Andras Crow-Hreidar
December 11, 2024
in Crypto, News
Reading Time: 3 mins read
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Solana, PEPE And Other Top Altcoins Poised To Make New Highs This Cycle
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The altcoin market continues to evolve, providing dynamic opportunities for investors aiming to capitalize on coins that exhibit relative strength. Despite the current downturn, there is a prevailing optimism that the market will rebound. Altcoins that have sustained robust liquidity during this period are anticipated to spearhead the next market rally.

Top Altcoins to Watch According to Analyst Miles Deustcher

blockdag 70m

Altcoin 1: Move

Move is an innovative coin with a focus on on-chain trading. As a layer-one protocol, it supports decentralized finance (DeFi) and various blockchain applications. Its growth potential remains significant, making it an attractive option for long-term investors seeking infrastructure coins with substantial upside.

Altcoin 2: Beam

Beam is carving a niche in the rapidly expanding gaming sector within the crypto space. With a strong presence in blockchain-based gaming and a thriving community, Beam is well-positioned for continued growth as the gaming industry evolves and expands.

Altcoin 3: Ondo

Ondo is gaining traction by focusing on the tokenization of real-world assets such as real estate and fine art. Its innovative approach to bringing traditional assets on-chain has the potential to disrupt established industries. Ondo’s resilience during market fluctuations underlines its strong foundation and growth potential in the tokenization trend.

Altcoin 4: Chintai

Chintai is another player in the tokenization arena, focusing on large-scale investments like virtual power agreements and real estate. With significant partnerships secured recently, Chintai is poised for substantial growth, positioning itself as a leader in the tokenization of real-world assets.

Altcoin 5: Hyper Liquid

Hyper Liquid, a layer-one utility coin, has demonstrated strong market performance. Its strategic airdrop initiatives have fostered a robust community, and its role in blockchain infrastructure signals a promising future. This coin is ideal for those interested in infrastructure-focused investments.

Altcoin 6: Peaq Network

Peaq Network is a rising star in the decentralized finance (DeFi) landscape, offering developers comprehensive solutions to build and scale DeFi applications. With solid fundamentals, Peaq Network is well-positioned to outperform as the DeFi sector continues to expand.

Altcoin 7: Convex Finance

Convex Finance enables users to earn enhanced rewards on their liquidity provider tokens through participation in Curve Finance’s liquidity pools. For DeFi investors seeking liquidity provision exposure, Convex Finance stands out as a reliable option.

Altcoin 8: Virtual

Virtual, an AI-driven coin, merges blockchain technology with artificial intelligence. As the influence of AI continues to grow, Virtual is well-placed to capitalize on this trend. It presents an exciting opportunity for investors exploring the synergy between AI and cryptocurrency.

Altcoin 9: Curve Finance

Curve Finance, a decentralized exchange (DEX) on Ethereum, boasts a strong reputation and a substantial user base. As the DeFi ecosystem expands, Curve Finance remains a leading altcoin to monitor closely.

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Andras Crow-Hreidar

Andras Crow-Hreidar

Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.

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