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  • Debashree Patra
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    Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

    • 2 minutes read

    Altseason 2024: Top 5 Cryptos to Invest In for the Holiday Season

    Story Highlights
    • Analysts predict a Bitcoin price surge to $110,000-$125,000 short-term, potentially reaching $745,000 long-term.

    • Altcoin Daily highlights Ethereum (ETH), Humans.ai (HEART), Supra, and Superverse Token (SUPER) as potential gainers.

    • The analyst recommends INJ for its innovative cross-chain and layer-2 DeFi solutions.

    With Bitcoin gearing up for a massive rally, Altcoin Daily’s latest analysis paints an exciting market picture. Institutional giants like BlackRock and Fidelity are making bold predictions, forecasting Bitcoin’s price to hit $110,000-$125,000 in the short term, with a staggering long-term target of $745,000. The stakes are high, and the excitement is building.

    But here’s where it gets even more interesting: it’s not just Bitcoin that’s set to surge. Altcoin Daily has highlighted a list of top altcoins that could see explosive growth during this anticipated “Santa Pump.”

    Could one of these hidden gems be the next big winner? Read on to discover which projects are catching the attention of Wall Street insiders.

    Top Altcoin Picks to Watch Ahead

    Ethereum (ETH): Will it Flip BTC?

    Ethereum remains a powerhouse in the crypto space. Notably, former President Donald Trump reportedly owns more Ethereum than Bitcoin, showing its growing importance. With recent upgrades improving scalability and rising institutional interest, Ethereum’s influence continues to expand.

    Currently, Ethereum is holding steady above $3,350, reflecting its resilience. However, it’s struggling to break past the $3,400 resistance, following a recent dip from $3,545 to $3,254.

    Humans.ai (HEART): The AI Revolution

    In a world increasingly driven by artificial intelligence, Humans.ai is carving a niche. Its blockchain, designed specifically for AI, leverages its native token, HEART, to power decentralized AI tools. Trading at $0.0158 with a market cap of $88.26 million, Humans.ai is an emerging project worth watching for those interested in the future of AI and blockchain.

    Supra: The Next Solana?

    Supra is gaining attention as a versatile multi-layer blockchain, designed for the next wave of “super dApps.” Positioned as a strong competitor to Solana and Sui, its upcoming Token Generation Event (TGE) could unlock significant value, offering early investors a chance for substantial returns.

    Superverse Token: The Gaming Challenger

    As Web3 gaming takes off, Superverse Token is emerging as a leader in integrating blockchain with gaming ecosystems. Currently priced at $1.26, it remains 73.35% below its all-time high of $4.73. However, with gaming’s growing popularity, analysts see potential for a near-term rally.

    Injective Protocol (INJ): DeFi’s Speed King

    The analyst rounds off his list with Injective Protocol. Consider INJ to be the rebel of the DeFi world, revolutionizing the industry with its cross-chain and layer-2 solutions. It has all the qualities you look for in a great altcoin to purchase: it is decentralized, inventive, and easy to use. INJ is the way to go if you’re all about trading without boundaries.

    As Bitcoin eyes new heights, the altcoin arena is brimming with potential- the crypto world never takes a holiday!

    FAQs

    What is driving the current crypto market trends?

    The market is experiencing a mix of profit-taking and increased trading activity, alongside fluctuating investor sentiment marked by extreme greed.

    Which cryptocurrencies performed best today?

    Fantom led gains with a 9.57% rise, followed by Algorand (+7.97%) and Injective (+7.90%).

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