The ONLY 3 Altcoins You Must Own BEFORE This Crypto Bullrun!

But it’s not just Bitcoin that can make someone rich. My research team and I came across 3 altcoins or the only 3 altcoins that you might need to make some big gains in the 2024 bullrun. 

Let’s dive in with these altcoins

1) Solana (SOL)

Solana was one of the dogs of the market for most of this bear market. And understandably so. It had a close relationship with SBF and Alameda. Alameda still owns a lot of SOL. It had an issue with network outages and claims of centralization based on how they managed those outages.

Its bear market low was $9.60 in December of 2022. It’s done a 15x since then. Yet, it’s still 41% off of its all-time high of $259. But this bullrun we at Altcoin Buzz expect it to go even higher. How high? I will get to that in a minute. Before that let’s try to understand whether this pump is backed by some substantial growth or just hype.

Data from DefiLlama shows Solana’s total value locked (TVL) has increased to $3.2billion on March 13.  Over the last four months, the TVL has been up 458% from $580 million in November 2023. Why is this happening? The rising TVL reflects traders’ interest in Solana’s DeFi ecosystem and shows Solana continuing to attract new users because of its lower traction costs, particularly those hunting for new airdrops.

Some of the biggest airdrops of 2023 like Jupiter and the launch of big projects like Jito and Pyth attracted lots of new users to Solana. This was followed by BONK, a Solana-based memecoin. There are still several airdrops expected over the next few months. We will keep you updated on those in our Airdrop series. And this means we will see the Solana ecosystem exploding in 2024. 

According to our fundamental and technical analysis, we expect SOL to go up to $500-1000 which is an easy 8-9x from here. Want to find out how we came to this number- Check out this video that we did when Sol was priced at $53. No doubt, Solana is one coin that is a must-have in a bullish 2024 crypto portfolio

2) Avalanche (AVAX)

I know we have not been covering it extensively. But there is too much catch-up to be done there. But this is the biggest one. On March 11 South Korean gaming giant Nexon announced that a spin-off of its leading game MapleStory, MapleStory Universe will launch on Avalanche in place of Ethereum Layer 2 Polygon. 

And this comes as no surprise after Avalanche’s Durango upgrade which unveiled ‘Teleporter’ to boost subnet interoperability. Teleporter aims to make Avalanche a fully interoperable network.

To be honest I still need to dig deeper into Avalanche and its bullrun potential. But on the surface, the project seems to be attracting a lot of traction. Its TVL is up 200% in the last 4 months. So I am sure something big is about to happen.  I promise I will very soon do an Avalanche deep dive to give to a better idea of what to expect in 2024. Stay tuned to the space.

3) Injective (INJ)

Injective is one that went from relative obscurity to a top 40 project all in the last year. Its growth has been SO explosive, 1224% that it leaves people wondering, did I miss my chance?

Let’s evaluate. Look at Injective’s TVL. It went from $14.8mn to $74.1mn in just 4 months. Just yesterday INJ touched a new all-time high.  One of the most important cohorts for Injective is the whales. These large wallet holders tend to influence the price direction based on their actions on-chain. But it is important to notice that retail has been holding on to its Inj bags indicating a strong belief in the price explosion in the coming bullrun. 

If Injective’s financial appchain story becomes a success, there’s no reason why it couldn’t become a $100 billion project. The best part is the tokenomics with $INJ having a total supply of 100M and a current Mcap of $4B. The coin has plenty in store for this bull market.

Our FA + TA analysis suggests in the next 2-5 years, we see INJ going up to $400-600. If you want to check out how we came to those numbers check out this video. We did this video when INJ was priced at $15-20 and it is already up 2.5x since then. 

So these are my bullrun must-have altcoins. Let me know how you feel about them.

Coins

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 the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than 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. Copyright Altcoin Buzz Pte Ltd.

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