5 Interesting Altcoins, Next Bull Run 2024

When investing in crypto, there will be price fluctuations depending on the needs of investors. As confidence in the market increases, the price of coins will skyrocket, signaling the arrival of a “Bull Run” or bull market. If you see prices that keep rising, it might mean you're looking at the beginning of the market. Because the approach of Bitcoin Halving may cause a “Bull Run”.

What is Bull Run?

Bull Run or bull market This is the period when most investors are trading. There is more demand than supply, at a time when confidence was on the rise. And the price tends to keep increasing if any market has the following trends: Investors may start to gain confidence and this will mark the beginning of a bull market.

What are Altcoins?

Altcoin or Alternative Coin is an alternative coin to the main currency like Bitcoin. Altcoin was born after the success of the main currency. There has been the emergence of Altcoin. There are many types and can be divided into 4 types:

-Proof-of-Work (PoW)

-Proof-of-Stake (Pos)

-DeFi

-Stable

Investing in Altcoins that are trending in a good direction can expect returns due to risk diversification and higher returns. However, investing in Altcoins requires caution and careful analysis of the situation. Understanding Altcoin developments, technologies, communities, and use cases requires making informed decisions about which Altcoins are attractive.

1. Ethereum (ETH)

Ethereum is one of the largest altcoins in the crypto market. With a valuation of nearly $2.49 trillion representing the total market capitalization of over 20,000 crypto assets, more than 17% is held in ETH. It is a distributed network of computers on which users can use the blockchain. to run dApps and host smart contracts

2. Solana (SOL)

Solana has gained popularity among crypto investors, aided by its lightning-fast transactions along with low fees. It is a blockchain platform that is heavily focused on overcoming the speed and scalability challenges faced by many existing blockchains.

3. Cosmos (ATOM-USD)

Cosmos (ATOM-USD) is committed to solving the problem of slow and expensive transactions. It was born with Tendermint (software) to create an interconnected blockchain network. ATOM, Cosmos' native token, is a decentralized network that provides developers with open-source tools to build interoperable blockchains. Get your own Cosmos is working to become the “Internet for Blockchain”

4. Kaspa (KAS-USD)

The Kaspa cryptocurrency was launched in 2021 using the GHOSTDAG protocol, which runs on blockDAG for fast confirmation and high block rates. The Kaspa community speculates that it is the cryptocurrency that reveals the blockchain trilemma. This stabilizes security, speed, and scalability. In 2023, the project experienced revolutionary developments. This includes switching to state-of-the-art ASIC mining machines.

5. Stellar (XLM-USD)

Stellar (XL,-USD) is a decentralized public blockchain that offers developers the tools to create experiences that are more promising than cryptocurrencies. It could be a great altcoin to add to your portfolio in this bull run. Because of its responsibility to connect the world's financial system on a peer-to-peer basis

Note: Market capitalization is taken from CoinMarketCap as of March 6, 2020