5 OG Crypto Coins That Can Pump in the 2024 Bull Run
A market sell-off over the past day has seen Bitcoin’s price tumble by over 10%, with the cryptocurrency dropping from roughly $45,500 to as low as about $40,800.
This downturn was sparked by rumors of Spot Bitcoin ETF rejections by the SEC, highlighting the market’s sensitivity to regulatory news.
Yet, in the face of these declines, Bitcoin showed resilience, rebounding to around $42,700 as of writing.
For savvy investors, such dips offer a chance to buy into the market at lower prices, potentially setting the stage for gains during the next bull run.
Here we explore five established cryptocurrencies that may lead the charge when the market sentiment turns bullish.
Ethereum has been a mainstay in the cryptocurrency space, with its recent roadmap and upgrades pointing toward a bright future.
The network is set to undergo several improvements, including EIP-1153 to cut gas costs and enhance smart contract efficiency, and EIP-4844 to bolster data availability for layer 2 solutions.
Vitalik Buterin’s 2024 roadmap has spurred investor interest, contributing to a near 10% price uptick following its release.
With Ethereum’s ecosystem growing and upgrades like the Goerli testnet and the Holesky upgrade on the horizon, Ethereum’s prominence in the cryptocurrency market is expected to climb.
Solana’s price has seen its share of ups and downs, but January has historically been a month of gains.
The year 2023 was filled with achievements for Solana’s thriving ecosystem, including the Saga mobile phone launch and the transition of Helium’s community to its blockchain.
The growth of Solana’s DeFi 2.0, along with increased developer engagement and institutional partnerships, underscores its potential as we head into 2024.
Cardano’s ADA has
