Crypto Banter, a popular YouTube channel with over 1.08 million subscribers, says the 2024 altcoin season is beginning.
Crypto Banter, a popular YouTube channel with over 1.08 million subscribers, is drawing attention to the upcoming altcoin season, which it believes has already begun. In a recent livestream, the channel's founder, Ran Neuner, highlighted six tokens that are best positioned to rally if the altcoin season takes off.
The channel is known for its in-depth analysis of crypto markets and its ability to identify promising altcoins early on. As we head into 2024, many investors are looking to capitalize on the next wave of altcoin gains, and Crypto Banter's insights could be invaluable.
Let's take a closer look at the six tokens that Crypto Banter believes are primed for massive rallies in 2024.
Sui (SUI) has been making headlines lately with major partnerships, including Circle's USDC integration and Grayscale's launch of a Sui Trust. These developments have driven a significant increase in both SUI's price and trading volume. With strong fundamentals and rising prominence in the market, SUI is certainly one to watch for the upcoming altcoin season.
FTM is another promising altcoin that the channel is highlighting. Recently, the blockchain experienced a price breakout and is now up 10% in the last 24 hours, according to BeInCrypto data. Notably, FTM has gained attention after recent internal developments, such as the rebrand to Sonic Labs in August, which has sparked renewed investor interest.
ImmutableX (IMX) is also on Crypto Banter's list of altcoins poised to rally on a possible alt season. The gaming token has broken above a falling wedge pattern, effectively confirming a reversal. Based on this breakout, analysts expect a bullish wave, which could propel IMX to new highs during the altcoin season.
Aerodrome (AERO) is making waves as the central trading and liquidity marketplace on Base L2. As a key player in the emerging zkRollup ecosystem, Aerodrome is positioned to benefit from the growing attention and capital inflows into L2s. The fundamentals for AERO look promising, especially with Aerodrome's MetaDEX model, which combines the best aspects of previous DEX market leaders.
Solana (SOL) has a history of delivering impressive gains during altcoin market surges, often outperforming the broader market rally. As one of the leading Layer 1 protocols, SOL is a key player to watch in the upcoming altcoin season. Currently, SOL is trading at $141.53, marking a 10% increase in the last 24 hours, according to BeInCrypto data.
Finally, MANTRA (OM) is earning a spot on the analyst's list due to the upcoming launch of its mainnet in October. This event is expected to be a major milestone for the project, as it will bring real-world assets (RWA) on-chain. The mainnet launch will be a crucial step in integrating TradFi into the blockchain ecosystem, creating new opportunities for MANTRA's growth.
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