4 Altcoins with MASSIVE Upcoming Pump

January 2024 is about to make big crypto waves. The first approved BTC spot ETF could see the light of day on 10th January. That means we might see the whole crypto market enjoying a giant surge. Get ready for a crazy ride with Bitcoin and the spin-off effect on the altcoins. 

But, my research team and I found four altcoins that we expect to do well in January due to the reasons we explain in this article.

1) Sui (SUI)

The first of four altcoins today I’m looking at is the SUI token. The Sui project launched its mainnet and token earlier this year. The SUI token dumped quickly from well over $1 to around $0.50 for most of the year. However, recently, it started to pump again. The current price is back at $0.88. 2A It isn’t until June and July that Sui will have massive unlocks. Until then, let’s keep pumping!

However, where does this pump come from? First, Sui’s TVL has been growing since October. Since September, it’s been up by 500%. That’s around the same time that Sui introduced their zkLogin. Logging in on Web3 with privacy.

The other interesting event is that Solend is joining Sui. This is the top lending protocol on Solana. It’s the first time that Solend has expanded to a different chain. Most Solana protocols are only on, well, Solana. So, this is big news for both sides. Solend has $226 million in TVL. It boasts well over 170,000 users and supports over 70 assets.

Besides DeFi, Sui’s main focus seems to be on gaming. This is also going to be one of the biggest verticals in crypto for 2024. So, all eyes are on Sui for January! Let’s start the year with a bang.

2) Near (NEAR)

Near is a blockchain that allows devs to build Dapps on its chain. It’s a fast and cheap blockchain. For example, it offers sharding. I used this analogy a few times already, but it’s a good one to explain sharding. If you’re in a supermarket and only one cashier is open, there’s a queue. However, once more cashiers open their lanes, the queue disappears. So, sharding offers scalability, yet the chain remains decentralized.

Also, Near uses the B.O.S. (Blockchain Operating System). This allows devs to create, deploy, and store frontends. Near also saw some new announcements that explain their current surge.

  • Near integrated with Arbitrum Orbit. It enhances Ethereum roll-ups. This makes them more cost-effective and integrates scalability.
  • In Singapore, the KaiKai Shopping App uses the Near blockchain. It shows great deals in your local area and also has a reward system.

All this, and more, resulted in a NEAR token surge. It finds itself back at a price of $4.01. This is 82% up over the last 7 days. Over the last 30 days, NEAR is up by 125%, and over last year it’s up by 216%. Great numbers, so keep an eye out for NEAR in January.

3) Aleph Zero (AZERO)

Aleph Zero is next on the January menu for my altcoins picks. It offers privacy-enhanced features. This allows for zk privacy-enhanced products. Think, for example, about DeFi or gaming. But also, enterprises may want to get their hands on this privacy option. Aleph Zero has two big events coming up. 

The first one is an online hackathon. Between 10th and 31st January, Aleph Zero will conduct its first hackathon. It’s an online event with a big price pot. There are up to $75K in bug bounties and up to $500k in EPF funding up for grabs. 

The second event is their long-awaited Common DEX. After internal testing, it launched its testnet last week. The Aleph Zero team built this DEX and expects it to make a difference. Among other things, it offers privacy options. Furthermore, it’s fast and compliant. The team uses ZK tech, so only you know the details of a transaction. It might revolutionize the DEX landscape.

Now, let’s take a look at the AZERO token, Since October, it has been on a steady incline. The current price is $1.62. It seems that AZERO left the $1 or below prices behind.

4) Osmosis (OSMO)

My last stop today with these altcoins is Osmosis. This is the leading DEX on the Cosmos Hub. It takes a proud 13th spot on DeFiLlama between all chains. Remember that Osmosis is not only a DEX but also a blockchain. The DEX has a TVL of $220 million. That’s around 85% of all TVL on the Osmosis chain. On the Cosmos Hub, it takes second spot in TVL. 

CoinGecko has Osmosis listed as the 16th DEX between all DEXes from all chains. So, as we can see, Osmosis is doing well, especially recently. It has implemented plenty of upgrades and improvements. The platform also made strategic partnerships. For example, in early December, it announced a merger with the UX chain on Umee.

So, let’s take a look at the OSMO token. Its current price is $1.61. That’s after it stayed around $0.50 for most of the year. The all-time lowest price was only 2 months ago, in October, at $0.22 It’s up by 750% from that price. During the last 30 days, it’s up by 180%. Plenty of OSMO bags were underwater for most of the year, but not anymore. Let’s see what this month will bring.

Do you like any of the mentioned protocols? Tell me what your favorite protocol is.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence.

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