Top 10 Cryptos for Next Bull Run: Altcoins to Explode After BTC Halving
Is there anything better for an investor than mastering predicting the future? We guess everyone would be a bit happier if they had the skill to determine if the next cryptos will explode in the short or long term. This skill is especially relevant to foreseeing the best altcoins to buy now, which will multiply your revenue in months to come. We are not magicians and cannot predict the future. However, we can read market signals and analyse trends to provide the next crypto bull run prediction for 2024 and beyond. Let's review our list of the top 10 cryptos for the next bull run.
What is a crypto bull run?
A crypto bull run occurs when most investors become optimistic about the increasing cryptocurrency price, boosting market confidence and causing crypto assets to grow closer to new heights. Bitcoin's halving is one of the major events fuelling the next crypto bull run, which most analysts forecast will happen in 2024.
When is the next crypto bull run? We believe it's closer than most of us expect. Some assume it may happen in June, while others share forecasts for the end of summer. Only time will show when the next crypto bull run prediction comes to life. The thing you can do now to get ready for the next crypto bull run is to invest in the next cryptos to explode, considering diversification and counting on higher returns.
How do you pick the top altcoins to buy now? We always recommend approaching the cryptocurrency landscape with caution. Dedicate some time to researching different crypto assets, their technology, the development teams, the community, etc. To help you with the decision-making, we will provide you with a list of the top 10 cryptos for the next bull run. But first, let's figure out how to determine when the next crypto bull run will occur.
When is the next crypto bull run?
As we've previously said, it's impossible to make an accurate next crypto bull run prediction, but there are still some signs that can help you identify potential bullish trends. These indicators include:
- A surge in trading volumes across multiple crypto assets indicates an increased market interest in specific cryptos and a higher buying activity.
- A consistent price rise in major cryptocurrencies can signify a bullish market. However, it's important to understand the difference between a short-turn price rise and a steady price increase.
- Mind such technical indicators as RSI levels and the golden cross that will help you spot upward price movements.
- Increased social media activity often correlates with increased market enthusiasm in the approaching next crypto bull run.
Besides spotting the moment when the next crypto bull run starts, it's also important to know the factors contributing to the next crypto bull run mining. Let's consider the major drivers of the most anticipated event in the crypto world.
- Businesses, financial institutions, and governments are adopting and accepting cryptocurrency.
- Halving events historically drive prices upwards.
- Technological advancements in blockchain technology can fuel investor interest, resulting in a surge of activity and a bull run.
- We shouldn't also forget about economic and political factors, forcing investors to switch to cryptocurrencies during uncertain times.
Top 10 Cryptos for the Next Bull Run
Now that you know the bull run meaning and how to understand when the next crypto bull run will happen, let's proceed with the list of the top cryptos to buy to multiply your investment during the bull run.
Bitcoin (BTC)
The top 10 cryptos for the next bull run list would be incomplete without the market leader. There's already been so much hype around BTC that skipping mentioning it on this list would have been a big mistake. Besides, the Bitcoin events and price movements "dictate the fashion" in the crypto world. If you notice the crypto asset's price has started to grow steadily over a certain time, chances are the next crypto bull run will not be long in the future.
KangaMoon (KANG)
KangaMoon (KANG) has recently attracted the attention of many crypto traders. It belongs to the Play to Earn (R2E) sector, which is forecasted to reach a value of $8856.95 Million by 2028. It makes KANG one of the top cryptos to buy now. The KangaMoon has raised about $6.5 million in its final presale stage. With a growing interest in their native KANG token, the presale revenue could reach $7 million. The initial token's price was $0.005. Each KAND token costs $0.025, which has brought early buyers a 400% ROI. The next bull run price prediction lists KangaMoon as one of the best meme tokens to make million-dollar profits.
Avalanche (AVAX)
AVAX is next on our top cryptos list for the next bull run. This is not our blog's first mention of the Avalanche project. Recently, the asset has been gaining much attention in anticipation of a potential breakout. Analysts have identified a consolidation phase in the AVAX token that is showing steady buying pressure. If the asset breaches its current price, it could likely initiate a new price increase. Notably, a 117% increase in the crypto's yearly chart indicates a growing investors' interest in the Avalanche (AVAX) token.
Litecoin (LTC)
Here comes another well-known cryptocurrency for our community. The Litecoin network has been showing more activity than ever before. In 2024, it had already completed an impressive 37 million transactions, and the number is counting. Besides, the news about Litecoin ETFs has drawn more interest and investors into the Litecoin ecosystem. Despite declining monthly and yearly LTC prices, cryptocurrency whales steadily accumulate assets.
Ethereum (ETH)
The list of the top cryptos for the next bull run would be incomplete without mentioning Ethereum. It's one of the best altcoins to buy now, before the next crypto bull run. Although some criticise ETH for its high transaction fees, Ethereum is here to stay, powering thousands of apps and other altcoins. ETH is one of the biggest players in the crypto market, without any slight exaggeration. Over $2.16 trillion of the total market capitalisation of over 20,000 crypto assets, more than 17%, is held in Ethereum.
Solana (SOL)
Solana is a common crypto asset for investors who value fast transactions with low fees. The asset's impressive performance in spring 2024 makes it one of the best altcoins to buy now. On 2 May 2024, Solana surged by more than 10% in 24 hours; the performance of the asset hasn't shown since. The crypto's price dropped almost to its previous level following the surge. Still, the surge has made SOL peak over the past two years, reawakening the public interest and making it one of the top cryptos to buy before the next bull run.
Dogecoin (DOGE)
Dogecoin has become one of history's most volatile and rewarding meme coins. Despite the project's criticism for offering a small-scale real-world utility and an unlimited supply, DOGE has shown impressive results in network usage over the past year - it has been up by around 65.35%. On top of that, it's hard to deny the impressive community support by celebrities like Elgin Musk, who are driving more interest in monetising with DOGE.
Cosmos (ATOM)
Cosmos is another example of the next cryptos to explode for the next bull run. This decentralised network provides developers with open-source tools to create their blockchains. Cosmos is often called the internet for blockchain" based on the way it works. The project is designed to solve the "blockchain interoperability problem," letting blockchains easily communicate and share information. Cosmos also addresses the scalability issue by using the Tendermint algorithm to process many transactions per second.
Stellar (XLM)
Stellar is the last but not least remarkable project on our list of the top cryptos for the next bull run. It's one of the best altcoins to buy now due to its accountability for peer-to-peer connections to the world's financial system. Stellar is also often associated with cash rather than crypto. The project aims to make money transfers fast and safe. The network operates faster and more energy-efficient than most blockchains to achieve this goal.
Kaspa (KAS)
In 2021, Kaspa was launched as a project to stabilise security, speed, and scalability. In 2023, it underwent transformational developments by switching to ASIC miners. The Kaspa project has very aspiring plans for the future, including being listed on exchanges, integrating with smart contracts functionality, and exceeding the speed of ten blocks per second.
How to prepare for the next crypto bull run?
You should understand one important rule to prepare for the next crypto bull run. The crypto market operates in cycles. The bull run is always followed by bearish market trends. Remember this when planning your investment strategy. Most investors recommend considering long-term gains, i.e. opting for the HODL strategy rather than counting on short-term gains.
To minimise the risks of losing your investments, it's better to diversify your portfolio and spread your investments across different crypto assets. Crypto portfolio diversification, fundamental analysis, and market research are fundamental in helping you prepare for the next crypto bull run, make informed decisions, and identify the next cryptos to explode.
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