Happy CryptoCoins to buy in 2024

Happy CryptoCoins to buy in 2024

As the new year approaches, the cryptocurrency market is filled with hope and excitement, as many investors are looking forward to more profits and friendlier regulations, especially in the US, where Bitcoin (BTC) and other altcoins have been making impressive gains.

With this in mind, Finbold has examined the crypto space to come up with a list of some altcoins, i.e., cryptocurrencies that are not the leading decentralized finance (DeFi) asset, that are showing strength and, therefore, are worth buying in January 2024.





#1 Dogecoin (DOGE)


 Interestingly, Dogecoin (DOGE) has seen a rise in the number of accounts holding more than $1 million worth of DOGE over the past year, and at the time of writing, it reached 718, with as many as 107 addresses holding over $10 million of the popular dog crypto, as Finbold reported on December 20.

In accordance with the shown trader confidence, Dogecoin has increased its price by 1.45% in the last 24 hours. Moreover, it has gained 0.53% over the previous seven days and advanced 14.96% over the past month, and trading at $0.09, according to the latest chart information.


#2 Shiba Inu (SHIB)

 At the same time, its fellow dog meme crypto asset, Shiba Inu (SHIB), is recording new gains in the light of its team reportedly working with internet domain service D3 to create the ‘.shib’ domain. Additionally, its weekly close above $0.000011 could possibly propel it even higher.

Currently, Shiba Inu is trading at the price of $0.0000105, indicating an increase of 2.54% on the day, as well as advancing 10.43% over the previous week and accumulating a more significant gain of 21.17% on its monthly chart, as per the latest information obtained on December 20.


#3 Hedera (HBAR) 


Meanwhile, Hedera (HBAR) is also showing promise, especially considering its partnership with South Korean automotive giants Kia and Hyundai to introduce a CO2 emission monitoring system, as well as the announcement of joint efforts with the United Nations on tackling climate change.

At the time of writing, the price of Hedera stood at $0.088, which means it was up 10.28% in the last 24 hours, 12.67% higher than seven days ago, and has raced 31.08% across the previous month, according to the most recent chart data obtained by Finbold.


#4 Bonk (BONK) 


Finally, Bonk (BONK) is the latest trending meme cryptocurrency in the market that has experienced a huge increase in both its price and its market capitalization after crypto exchange Coinbase added it to its crypto trading platform, as Finbold reported on December 15.

For now, Bonk is trading at $0.00002036, which suggests an increase of 5.23% on the day, a staggering 93.69 gain over the last week, and an advance of as much as 311.31% across the month, as per the data on the crypto tracking platform CoinMarketCap.


Conclusion

Overall, the above altcoins demonstrate significant potential for further, more massive price increases in the future, especially in terms of the positive developments and optimistic sentiment around them. Still, it is important to do one’s due diligence and research before investing in them in January 2024.


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Location: United States

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