Boost Your Portfolio with Top Altcoin Picks for 2024 🚀
Are you looking to diversify your crypto holdings for potential gains this year? A prominent crypto strategist recently shared insights on several altcoins that could make a significant impact in 2024. Let’s dive into the latest updates on these alternative cryptocurrencies:
Fantom (FTM) 🌌
- Analyst Altcoin Sherpa sees Fantom (FTM) as a strong contender for 2024, backed by its treasury.
- The analyst anticipates a potential consolidation phase before FTM rockets to $1.15.
Ethena (ENA) 💹
- Ethena Labs’ governance token, ENA, is expected to break out after consolidating around $1.24, according to the analyst.
- Keep an eye on the price action of ENA to catch the next bullish move.
Core (CORE) ⛓️
- Altcoin Sherpa suggests that Core (CORE) might retrace to around $2.50 before bouncing back, benefitting from Bitcoin’s ecosystem projects.
- Despite a recent dip, the potential for growth in CORE remains promising.
Mantra (OM) 🔗
- The trader continues to have faith in the real-world asset tokenization project, Mantra (OM), acknowledging its potential within the RWA space.
- OM is currently valued at $0.81, showing positive momentum in the last 24 hours.
Hot Take: Altcoin Sherpa’s Insights on 2024 Altcoin Performances 📈
Altcoin Sherpa’s analysis provides valuable perspectives on the future growth potentials of Fantom, Ethena, Core, and Mantra. Keeping an eye on these altcoins and monitoring their price actions could offer lucrative opportunities for traders looking to expand their crypto portfolios. Stay tuned for further updates and market movements to make informed investment decisions in the ever-evolving crypto landscape!