4 Crypto To Hold Before Ethereum Kickstarts Alt Season

As a seasoned analyst with over two decades of experience in the ever-evolving world of cryptocurrencies, I’ve witnessed countless bull and bear markets, but none quite like this one. The altcoin season is upon us, and Ethereum, as the leading altcoin, will undoubtedly pave the way. However, there are four coins that deserve a spot in your portfolio before Ethereum sets the stage.

As a researcher, I’m closely monitoring the cryptocurrency market, and it appears that the dominance of Bitcoin might be on a decline, potentially signaling the start of an altcoin season. Given Ethereum’s status as a leading altcoin, it is likely to play a significant role in this shift. However, it’s essential for investors not to overlook other promising altcoins. These lesser-known coins could potentially yield substantial returns during this period, making them worth considering for a diversified portfolio.

4 Coins To Hold Before Ethereum Kickstarts Altcoin Season

It appears that an altcoin boom is just around the corner, according to data from Blockchain Center, since more altcoins have been outperforming Bitcoin recently. Ethereum may take the lead in this scenario, given its price trend suggests a resurgence. In the run-up to this period, investors might want to consider these altcoins for their portfolios, as they could potentially bring substantial returns.

Terra Classic (LUNC)

Terra Classic (LUNC) is one of the coins that investors should be looking to hold as Ethereum kickstarts the altcoin season. Crypto analyst Javon Marks recently provided a bullish outlook for the LUNC price.

The analyst believes that the current price of the coin is set for a significant surge, similar to a parabolic rise, given the consistent breakouts. This suggests that LUNC might reach approximately $0.00058046. Previously, when LUNC’s price broke through, it reached three specific levels. If this pattern repeats, the cryptocurrency could potentially soar as high as $0.00139122, according to Marks’ prediction.

NebulaStride Token (NST)

As a researcher, I would advocate that NebulaStride is a second noteworthy digital asset that investors should contemplate adding to their portfolios, particularly as we approach the altcoin season. This coin, in my view, is a promising long-term investment opportunity due to its significant potential for growth. Should this coin perform as anticipated, it could potentially generate life-altering returns for its holders.

At present, NebulaStride is being offered during its preliminary sales phase, making it a promising opportunity for substantial returns, particularly for early adopters. Currently priced at $0.02 per token, its value could rapidly escalate once the altcoin market experiences another boom, underscoring the advantage of investing now.

Chainlink (LINK)

It’s clear that Chainlink (LINK) is showing positive signs, both in terms of its underlying fundamentals and technical aspects. Notably, Coinbase has revealed that their Project Diamond has adopted the Chainlink standard, which could speed up the adoption of digital assets. Moreover, they hinted that institutions would have the opportunity to use Chainlink for managing the entire lifecycle of tokenized assets on the Project Diamond Platform.

As a researcher delving into the world of cryptocurrencies, I’ve taken note of JJcycles’ technical analysis suggesting an imminent surge in Chainlink’s price, potentially reaching a never-before-seen peak (new all-time high or ATH). This predicted parabolic rise could be ignited by Ethereum marking the beginning of the altcoin season.

Fantom (FTM)

Investors should consider holding Fantom (FTM) before Ethereum kicks off the altcoin season. This could be a very profitable move, especially considering the Sonic launch is just around the corner.

The delivery of funds through Sonic could significantly boost the Fantom network, potentially sparking a steep increase in the value of FTM tokens, reaching or even exceeding their all-time high of $3. According to technical analysts, the current conditions appear favorable for the FTM price to achieve this milestone.

Conclusion

Preparing for a significant jump, Ethereum’s price has lagged behind for much of the year so far. However, from a fundamental standpoint, the introduction of Spot Ethereum Exchange Traded Funds (ETFs) suggests a positive outlook. This could mean that the major surge is imminent, and it would be wise to be ready with these coins before Ethereum sparks the altcoin rally season.

Read More

2024-12-11 21:04