Solana (SOL)
Solana (SOL) has recently made headlines in the altcoin space. Franklin Templeton is bullish about it, as its new note states Solana could be the next big thing. Additionally, Franklin Templeton expects Solana to grow its footprint by riding on its performance and capturing crypto trends.
This bullish Solana news may trigger a rally for this crypto. Speaking of which, the Solana coin value soared 590% in the past year alone. Market analysts remain bullish as this altcoin trades above its 100- and 200-day EMAs. They foresee a potential surge to $168 before Q2 of 2024 ends, which makes it one of the altcoins to watch.
Rollblock (RBLK)
Rollblock (RBLK) is another altcoin that has captured a spot on our list. This rising presale star is a hot topic in the crypto market, having sold over 11M tokens. Not only that, it has raised nearly $120K so far with projections of reaching $500K before May 31st, 2024.
This unique GambleFi protocol ambitions to dominate the $450B online gambling market. To accomplish this, it launched an online crypto casino built on the blockchain. Thus, it solves many issues that face this sector. For example, you no longer need to worry about lack of transparency—every transaction and bet on Rollblock is stored on the blockchain itself. You can also sign up to the casino without needing to KYC, something that is highly attractive to many in the crypto and gambling spaces.
- The RBLK utility token will power this platform.
- Rollblock has announced that it will change the online gambling game by distributing a portion of its weekly earnings to RBLK holders.
- To share revenue with holders, Rollblock will buy back RBLK tokens from the open market – potentially adding millions of dollars of buy pressure to the chart each week.
- Half of these tokens will be burned from the supply forever, which increases the scarcity of the token along with its value.
- The other half of the tokens will be offered as staking rewards to RBLK holders, offering some of the most lucrative APYs in the crypto space.
Currently, one RBLK has a value of only $0.01. However, this is a Stage 1 presale price and it will increase up to 1200% as the presale advances. Market analysts foresee a 100x surge once a Tier-1 CEX lists RBLK in Q3 of 2024. With this prediction, plus its ties to the rapidly growing hundreds of billions of dollars online gambling market, RBLK could emerge as one of the best altcoins to buy.
Toncoin (TON)
Toncoin (TON) also emerges as one of the altcoins to watch. Santiment data now shows that the Toncoin network is growing the fastest. To clarify, the number of Toncoin non-empty wallets sits at 16.8K, a 110% growth over six months. This Toncoin news is quite bullish and shows the level of interest that traders still have in this crypto.
The Toncoin crypto value rose 183% on the YTD chart while its market cap remained at $19.65B. Sixteen technical indicators show green for TON. Thus, experts forecast a surge to $6.28 for Toncoin before the end of Q2 2024.
Cosmos (ATOM)
Lastly, we will mention Cosmos (ATOM), an altcoin trading company in the green. CoinMarketCap data shows that Cosmos’s price surged over 10% on the one-week chart. Its market cap rose from $3.19B to $3.52B during that time.
The technical analysis for the Cosmos coin is also bullish. For example, 12 technical indicators are showing green at the moment. Because of this, experts in the crypto field have made a bullish Cosmos price prediction. They foresee a price growth to $11.62 for Cosmos within Q2 of 2024.
Final Remarks on the Best Altcoins To Buy in 2024
In 2024, the four top altcoins worth considering are Solana, Rollblock, Toncoin, and Cosmos. However, Rollblock stands out because it has a low market cap of $10M. This means it needs fewer new funds for its price to surge. Even if the price was to increase 100x it would still be substantially smaller in marketcap than Solana, Toncoin, and Cosmos. Therefore, RBLK is the best altcoin to keep on your radar. If interested, sign up for its presale or even give their casino a try now.