Which Altcoins Could Be the Stars of the Next Bull Run? - Coinleaks
Current Date:September 20, 2024

Which Altcoins Could Be the Stars of the Next Bull Run?

Which altcoins should be invested before a bull run starts? Probably everyone has such a question in their mind. But there is one truth. The highly anticipated bull market is causing everyone to speculate on which coins will be bullish. In this article, we will examine projects and ecosystems that show significant growth potential in the bullish market. Let’s look at the details.

The importance of robust ecosystems in the bull market

A common mistake investors make is pouring large sums of money into small projects and waiting for the bulls. However, the real rise comes from ecosystems and projects with depth of liquidity. It is necessary to discover why depth of liquidity and listings on major exchanges are very important for successful investments in the bull market. Here is the name of such a project, Ethereum.

Ethereum’s transition to Proof of Stake, its deflationary structure and the support it receives from the Layer 2 world are very important. Accordingly, developments position it as a prominent candidate for the next bull market.

Layer 2 focused altcoins with high potential

Zksync and Starkware tokens are yet to be released. However, two layer2 tokens have already made an impact: Arbitrum and Optimism within altcoins. With their high Total Locked Value (TVL), this may be the reason why these tokens are poised to grow in the bull market. It is also necessary to consider the insufficient investment pressure associated with these new tokens.

Celer Network (CELR), Cartesi (CTSI) and Metis (METIS). Within altcoins, these play important roles in providing infrastructure for liquidity bridges across multiple ecosystems. Their minimum market capitalization makes them attractive investments during a bullish period.

Next-generation Layer 1 tokens

There are many Layer 1 tokens available. Therefore, choosing the right coins can be difficult. Injective Protocol (INJ), Aptos Network (APT), Sui Network (SUI), Nervos Network (CKB), and Kaspa (KAS). All these are promising altcoins. Their focus on DeFi, circulation rates, staked coin rates. All this is a reason to invest. It’s also a sensible choice.

On the other hand, decentralized exchanges are at the forefront. Accordingly, the trading volume increases during the bull season. Visionary decentralized exchanges such as Uniswap (Uni) and dYdX are coming to the fore. It’s hard to imagine how Uniswap v4 and dYdX v4 upgrades will revolutionize the world of decentralized exchanges.

AI and Web3 focused altcoins

Coins like FET and AGIX have consistently led the AI ​​trend. It is positioned for potential high returns in a bull market. It is necessary to treat Mask Protocol (MASK) and Gitcoin (GTC) as robust web3 projects with a strong business network and development potential.

Not only these. Numerous projects in particular should be on the lookout, including Sei Network (a DeFi-focused Layer 1 project similar to INJ) and Layerzero. cryptocoin.com When we look at it, we tried to provide a focus for the best altcoins with growth potential in the bull market. Let’s see how the projects will shape themselves. But remember, as always, it’s important for individuals to do their own research.