Hidden Gems: The Altcoins That Could Outperform Solana in 2024

The value of Bitcoin usually rises after halving events. Experts think this could happen again, greatly increasing the price of Bitcoin. As excitement around Bitcoin grows, investors are also looking for other promising cryptocurrencies. Among them are lesser-known coins, sometimes called hidden gems, that could rise even higher than famous coins like Solana over the next year.

BlastUP emerges as a game changer, raising over $2.5 million in just a few weeks

BlastUP is a unique launchpad Blast-based , a legendary Layer 2 blockchain that dominated headlines with its breakneck start. BlastUP is following in Blast’s footsteps, having raised over $2.5 million in just a few weeks.

BlastUP’s impact could be huge as its innovative solutions for launching DApps with a full suite of Web3 and AI tools will be a hit for startups. It provides a broad set of tools and a reward system for everyone who joins the platform.

The pre-sale of BlastUP tokens is ongoing, and investing in them right now could be like buying Ethereum for a few dollars in 2017. The price in the fifth stage is set at $0.055, while the price at listing will be $0. 1. . Now is the perfect time to buy BlastUP tokens at the best price with a 45% discount .

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BlastUP token holders have access to many advantages, from priority token sales to exclusive loyalty rewards on IDOs. They can also earn interest by staking BlastUP tokens and benefit from the initial staking feature, which provides free tokens from supported projects.

BlastUP is not just another crypto project, it has a solid foundation to win the loyalty of a wide audience. This launchpad aims to lower the barriers to entry for blockchain startups, ensuring they have everything to succeed from the start.

BlastUP’s detailed roadmap runs through 2026, with plans to introduce an AI IDO tracker, AI Startup Team Tools, and the Community Marketplace . BlastUP is preparing to become the next big thing in the crypto space, then it is you better hurry and jump on the bandwagon before it’s too late.

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Polygon performance: 3.71% drop vs 89.06% gain

Polygon’s recent drop of 3.71% in one month suggests a near-term cooldown. Despite this, the 89.06% gain in six months indicates underlying strength. The current price of $0.98, below the 10-day average of $1.07 and above the 100-day average of $0.92, shows fluctuation. Investors may view momentum beyond the nearest resistance at $1.13 as a sign of growth potential. However, reaching the second resistance level at $1.27 may require significant momentum, which may not be sustained in the near term.

The long-term outlook for Polygon, looking at its all-time high of $3,003, shows it is trading less than a third of its peak. This may attract buyers who consider the current price to be a discount. The $0.82 and $0.63 support levels offer cushion, suggesting a decline may be limited. Still, exceeding them could lead to a downward trend. Given its historical performance, investors should consider the possibility of a steady rise to previous levels or continued variation around current levels.

Avalanche price rises 42%, aims for long-term growth

Avalanche has been soaring with an increase of around 42% in a month, surpassing the nearest resistance level of $46.32 to its current price of $54.66. This strong short-term performance, coupled with the whopping gain of over 513% in six months, suggests room for growth. However, facing the next resistance at $51.66, the price may stabilize before trying to move higher. The 10-day moving average at $55.88 may suggest a possible pullback, but longer-term indicators like the 100-day moving average at $40.45 show a robust trend. Traders are paying attention as mixed signals from different indicators suggest cautious entry points.

On the other hand, with an all-time high of $151.22, AVAX is still far from its all-time highs, presenting a possibly bullish long-term scenario for those who believe in recovery. Support levels at $33.98 and $26.97 provide safety nets in case the asset faces downward pressure. With substantial gains over the past half year, some may anticipate a correction, aligning with the sell signal from the 10-day simple moving average. However, the 100-day moving average buy signal suggests underlying confidence in the asset’s value. Investors should weigh these levels, along with dynamic market conditions, to navigate potential swings in the journey ahead.

Jupiter price soars with 3,909% increase in six months

Jupiter had an impressive increase of 137.99% in one month and an even more impressive increase of 3,909.33% in six months. This increase brings the current price to $1.20. Looking at the support levels at $0.424 and $0.301, there is a substantial cushion should the price decline. However, considering the absence of historical data, investors should remain aware of the potential for correction. Near-term resistance levels at $0.677 and $0.807 suggest there could be challenges ahead. If Jupiter can maintain its momentum and consistently overcome these barriers, the trend could remain positive.

In the longer term, the previous substantial growth could be seen as indicative of strongly optimistic market sentiment. However, without historical data, assessing the upper limit for growth is challenging. Long-term investors may consider the strong historical growth a sign of good prospects, supported by the simple moving average (SMA) of $1.21, which closely aligns with the current price, indicating stability. At the same time, the past growth boom may present volatility risks.

Conclusion

In conclusion, while other altcoins like Polygon, Avalanche, and Jupiter show impressive growth with their potential highlighted in recent trends, BlastUP truly emerges as the standout with the most promising prospects. Imbued with the Blast ecosystem’s remarkable legacy, BlastUP’s innovative concept not only achieves substantial fundraising success but also showcases a robust toolkit designed to revolutionize the way blockchain startups get off the ground. The platform’s carefully structured roadmap extending until 2026 ensures a comprehensive development trajectory that could very well position BlastUP at the pinnacle of the crypto scene, making now an opportune time for investors to participate in this visionary project with high growth potential.

Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io

Disclaimer:

The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.