The Top 5 Cryptocurrencies to Keep an Eye on in 2024: The Next Biggest Altcoins

Certain assets stand out as wise investments in the volatile cryptocurrency market because they perform well and consistently even in the face of volatility.
Investor interest is growing in optimism, Sei, Ethereum, Aptos, and the new coin Bitcoin Minetrix. These cryptocurrencies appeal to investors who want to diversify their holdings in order to establish a solid basis and achieve long-term success.
We examine the unique qualities and possible future developments of these five top cryptocurrencies to keep an eye on in 2024 in this post.
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Optimism (OP)
Optimism, an Ethereum Layer-2 scaling solution that prioritises speed and low fuel fees, is experiencing a noticeable uptick, which is consistent with the industry’s general trend towards Layer 2 solutions. Growing trust and platform utilisation are shown in Optimism’s total value locked (TVL), which has increased significantly.
Optimism price chart
With a 10-Day Simple Moving Average (SMA) of $3.36 and a 100-Day SMA of $2.12, optimism is currently trading at $3.52. Its resistance is at $3.57 and $3.74, while support is at $3.32. Optimism is anticipated to trade between $3.27 to $4.55 in 2024, having peaked at $4.28 on January 12, 2023.
In anticipation of a possible spike, the price of $OP could reach a peak of $7.21 by 2030. Optimism’s design strategy, which places a premium on scalability and long-term sustainability, confirms its status as one of the top scaling solutions available on the Ethereum mainnet.
Given these variables, the price may increase to $5.16 by the end of 2024, assuming enhancements and strategic alliances are introduced.
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Sei (SEI)
Sei has grown remarkably, rising by more than 1,500% since its founding. Sei’s blockchain, renowned for its 380 millisecond transaction speed, is designed specifically for cryptocurrency trading. Co-Founder Jay Jog highlighted Sei Network’s noteworthy advancements in the cryptocurrency space in a recent interview.
With the addition of high-throughput Ethereum Virtual Machine (EVM) support, $SEI stands out since it can process a higher number of transactions per second, giving developers a powerful ally for complex applications. With a price of 0.79 right now, $SEI has increased 11.90% over the past day.
Resistance levels are at $0.874 and $0.943, while notable support levels are at $0.736 and $0.667. The current interest in decentralised trading and cutting-edge blockchain technology, along with Sei’s future direction, create a dynamic landscape with both opportunities and problems.
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Minetrix for Bitcoin (BTCMTX)
Through the use of its native ERC-20 token, $BTCMTX, which users can stake to earn mining credits, Bitcoin Minetrix aims to make Bitcoin cloud mining more straightforward and accessible.
Through the use of a tiered pricing structure, the current platform presale is offering tokens at a discounted price of $0.0129. Over the next few weeks, the price will gradually climb to $0.0148 in the final stage of the presale (stage 39). In just one month since its debut, Bitcoin Minetrix has raised over $8.6 million, indicating a robust community.
By doing away with the requirement for conventional cash contracts and enabling users to use $BTCMTX to earn safe, non-tradable mining credits, this cutting-edge method of online Bitcoin mining lowers risks and potential fraud. Prospective investors can click this link to view our guide on purchasing $BTCMTX coin.
Bitcoin Minetrix
Emphasising accessibility, the user-friendly platform offers a basic app for use on computers and phones. Unlike traditional contracts that frequently lock in funds, $BTCMTX tokens let users to keep control by allowing them to unstake and sell them at market values.
The use of energy-efficient cloud mining by Bitcoin Minetrix is consistent with environmentally conscious cryptocurrency trends, which encourages wider use. Aiming to collect over $33 million for platform development, marketing, and staking rewards, Bitcoin Minetrix has a total token supply of 4 billion, of which 42.5% is allocated for mining and 7.5% for staking.
Visit bitcoinminetrix.com to participate in the Bitcoin Minetrix presale.
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Ethereum (ETH)
Ethereum’s wide development community and well-known brand make it a promising platform. With more than 4,300 decentralised apps (dApps) and continuous improvements like “the Merge,” there is growing hope for Ethereum’s durability and scalability.
Demand for $ETH may rise as a result of the platform’s standing as a pioneer in the field of smart contract technology, particularly in decentralised finance 2.0 (DeFi). A more welcoming regulatory environment from the SEC would also draw institutional investments, which might raise the value of $ETH.
Ethereum price chart
In 2024, $ETH may have a realistic aim of $3,500 if these conditions are met. Ethereum’s price is $2,562.98 as of this writing, with a $9.13 billion 24-hour trading volume, a $304.42 billion market capitalization, and an 18.01% market domination. Over the previous day, the price of $ETH rose by 1.71%.
In the video up above, you will get a thorough analysis of the top 5 cryptocurrencies to watch in 2024. You can also subscribe to his YouTube channel to see more videos about cryptocurrencies. In addition, Jacob Crypto Bury has 20,000 members on his Discord channel, where users may hear about upcoming cryptocurrency presales and receive trading advice.
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APT (Aptos)
A significant development on Aptos occurred recently: 24 million tokens worth over $200 million were released, making approximately 8.9% of the platform’s total circulating supply. $96.4 million goes to the Aptos Foundation, $68.4 million goes to investors, $26.1 million goes to the community, and $10.8 million goes to core contributors.
Aptos price chart
With a market cap of $3.17 billion and a trading volume of $575.69 million over a 24-hour period, Aptos is currently trading at $9.45 as of the most recent update. The price of $APT fell 6.86% during the course of the previous day, with the 100-day SMA at $7.54 and the 10-day SMA at $8.85.