As the new year draws near, the crypto market has experienced a 24-hour recovery. Investors are now focusing on four altcoins to buy that stand out for potential substantial growth. These selections promise attractive profits, driven by recent market trends. Each of these altcoins has shown resilience and innovation, making them top picks for those looking to invest before the year concludes.
Altcoins to Buy: iDEGEN Token
iDEGEN Token, a new memecoin powered by AI, is capturing significant attention with its innovative approach. Since launching its pre-market auction on November 26, the project has garnered nearly $8 million in investments. Designed to be the next billion-dollar cryptocurrency, iDEGEN has already sold over one billion IDGN tokens.
Investors are eager to secure their shares before its expected listing on January 1, 2025. With a current presale price of $0.0652, iDEGEN stands out as a promising altcoin to buy before the year ends, offering an attractive opportunity for those looking to invest early in potential high-growth projects.
Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB), an Ethereum-based asset, has experienced a significant rise in value. Currently trading at $0.00002162, SHIB has doubled its price over the last year. The surge in interest around meme tokens, including PEPE, BONK, and WIF, contributes to this trend making it the promising Altcoins to buy before the year-end.
Additionally, increased trading volumes and strategic token eliminations are fueling the rally. With the ongoing development of Shibarium, SHIB appears more attractive for long-term investment prospects. These dynamics suggest that Shiba Inu may be on track for continued success in the cryptocurrency arena.
Shiba Inu is closing out the year on a high note, successfully achieving a significant breakout. It is now showing promising bull signals on lower timeframes, suggesting a strong upward trajectory. The price target remains steady at $0.0000081, potentially marking a 264% increase if the trend continues. This movement aligns with classic bullish patterns, reinforcing the potential for continued growth in this crypto asset.
Solana (SOL)
Solana (SOL) is currently making waves in the decentralized finance (DeFi) sector. The blockchain, which supports various decentralized applications (DApps), has seen its price increase by 5% to $197 over the last 24 hours. Over the past year, Solana’s market value has doubled, indicating robust growth in the layer one market.
Source: Coinglass
Data from Coinglass reveals notable developments in Solana’s derivatives market. There’s been a marked increase in total trading volume and open interest, suggesting enhanced investor engagement. Specifically, options trading has grown, mirroring the rise in open interest and underscoring Solana as a promising altcoin to buy.
Dogecoin (DOGE)
Dogecoin has recently enjoyed a notable 6% uptick in its market price, now valued at $0.32. This meme-inspired cryptocurrency has impressively appreciated by 263% this past year. Its robust performance highlights its potential as a top Altcoin to buy before the year closes.
Crypto analyst has shared a notable update on Dogecoin’s market movement. According to the latest chart analysis, Dogecoin is advancing toward unprecedented highs. The analyst highlighted the cryptocurrency’s recent performance, signaling a strong uptrend without significant delay. This movement suggests that Dogecoin might soon surpass its previous peak levels as market enthusiasm continues to grow.
Conclusion: These four altcoins to buy offer a promising investment as 2024 ends. With solid fundamentals and recent market performance, they are poised for potential significant gains.
