The crypto market has been on a roll in 2024, with most coins enjoying a major bullish rally. The market has been filled with massive updates, from Bitcoin and Ethereum ETF approval to Shibarium’s final launch.
Yet, given this volatile nature, multiple emerging cryptos have the potential to entice both short—and long-term traders. With the digital asset market evolving, altcoins are a center of attraction due to their high-risk, high-reward nature.
Unlike established coins like BTC and ETH, coins like OZO, ADA, and DOT offer the potential to invest in transformative technologies. With the allure of 100x return, let’s take a look at some of the best altcoins to watch out for in 2024:
Top Altcoins to Invest in 2024
Ozone Chain (OZO)
As the first Quantum Resistant Blockchain, Ozone Chain offers top-notch security technology in design.
The coin is currently trading at 0.215206 dollars, and in the past 30 days, OZO has gained 2.99% value. Its Fear and Greed Index is at 26, and its price prediction is at 0.717159 dollars.
Regarding its technical indicators, its 14-day RSI is 48.15 dollars, and its 50-day SMA is 0.222708 dollars.
Its unique QRN (Quantum Random Numbers) and PQC (Post-Quantum Cryptography) make OZO a promising candidate for an altcoin with a 100x return potential.
Moreover, the coin has passed all of its NIST SP 800-22 tests, making it one of the most desirable coins in 2024.
Polkadot (DOT)
Polkadot stands out in the market as an open-source, sharded multichain protocol. It connects and secures several specialized blockchains to facilitate the cross-chain transfer of assets or data types.
The coin is currently trading at 3.96 dollars, and in the past 30 days, it has lost 25.75% value. DOT has an RSI of 17.20 and a 50-day SMA of 5.87 on the technical indicator front.
The Layer 0 metaprotocol is known for describing a format for an L1 blockchain network called parachains. It also supports private and public chains, oracles, and permissionless networks.
Such properties make DOT one of the best altcoins that pack the potential to offer 100x returns.
Cardano (ADA)
Cardano is a PoS blockchain that allows innovators, visionaries, and changemakers to bring positive global change. Its open-source project aims to redistribute power from unaccountable structures from margins to individuals.
The coin is currently trading at 0.3017 dollars, and in the past 30 days, it has lost 9.10% of its value. ADA has an RSI of 35.6 and a 50-day SMA of 36.42 on the technical indicator front.
Ever since it introduced five critical mechanisms to elevate usability and scalability, these properties have made ADA one of the best altcoins with the potential to offer 100x returns.
While the listed coins have potential, they still possess the volatility of cryptocurrencies. Therefore, traders are suggested to invest in the assets only after conducting thorough research. Ready to build on the future of blockchain? Trade OZO on MEXC and join the quantum-resistant revolution!
