The cryptocurrency market performance for the past few months has been relatively stable, with Bitcoin oscillating between $60k and $72k for the past three months. However, most crypto experts believe the market is preparing for a bull run in 2024.
Many cryptocurrencies, including Bitcoin, are poised to post a significant gain during the upcoming bull run, with new coins like ORACLE MEME (OMEME) projected to multiply several times during the same period.
Which crypto coin is a good buy today? Well, here are 5 cryptocurrencies that experts believe could be a good investment today:
1. Bitcoin (BTC)
Though Bitcoin may not increase several folds in the next bull run, its stability in the market makes it a safer investment today. Most indicators show a bullish $BTC, with the ETFs likely to be some of the biggest catalysts. After the SEC approved its EFTs, BTC has been quite stable.
With EFT approval, the institutional adoption of Bitcoin is expected to rise, which will increase investors’ confidence. These are among the many factors that make Bitcoin a good buy today.
BTC current price is $61,643.
ORACLE MEME is a meme coin with real utility, which makes it very attractive. The team is building real utility products like a powerful blockchain called ORACLE CHAIN, which is a layer-2 network solution. Another product is the meme coin generator for creating meme cryptocurrencies and a meme launch pad for launching new meme projects.
With this utility, ORACLE MEME is gearing up for a massive adoption. Since OMEME still is in the presale stage the potential to explode in the next bull run is even higher; hence, it’s a good buy today.
OMEME current price is only $0.0003054.
3. Dogecoin (DOGE)
Dogecoin is a meme coin that has been around for a long time. The stability this coin has shown over the past few years says something about this meme coin. As of this writing, the Dogecoin price was up by 87% in the past year.
The Dogecoin network usage has been growing rapidly over the past few months, and this is an indication of a potential bull run in the near future. Therefore, $DOGE is another crypto coin to watch today.
DOGE current price is $0.1237.
4. Avalanche (AVAX)
Avalanche gained popularity because of its highly scalable and cheaper network. However, its recent updates are likely to trigger a bullish explosion. The Durango upgrade was a major development.
The upgrade made the Avalanche (AVAX) network more powerful by enhancing its efficiency and interoperability. Features like the teleporter tool, coupled with this upgrade, are positioning Avalanche among the most promising coins in 2024.
AVAX current price is $27.90.
5. Kaspa (KAS)
Kaspa broke into the crypto scene with its revolutionary approach to addressing blockchain trilemma in 2021. With its GHOSTDAG protocol, this crypto project attracted crypto investors, with 2023 seeing major developments such as the switch to ASIC miners.
With the anticipated smart contract functionalities like Rusy Kaspa and reaching ten blocks per second, Kaspa (KAS) is definitely one of the coins to watch in the next bull run.
KAS current price is $0.176.
Final Thought
The cryptocurrency market looks promising in 2024, and these 5 coins might be some of the best performers in the next bullish sentiment. With new meme coins like ORACLE MEME likely to grow several folds, and also the old ones like Bitcoin and Doge, crypto investors have an opportunity to make good returns during the next bull run.
