3 Best Cryptocurrencies to Buy Right Now Before They Skyrocket

The cryptocurrency market has been soaring recently. bitcoin (Cryptocurrency: BTC) It is leading the way with a new all-time high of over $88,000. The rally has generated excitement across the board, pushing prices higher and sparking renewed interest in the cryptocurrency.

Although Bitcoin has grabbed most of the headlines, some other cryptocurrencies have much greater upside potential as they still have room to catch up with Bitcoin’s gains.

For those looking to position their portfolios for the next generation of cryptocurrency growth, here are three digital coins to consider. These assets have shown significant potential and may offer some of the most attractive opportunities in the market today.

1. Ethereum

The first choice is Ethereum (ETH 1.68%)It is the second most valuable cryptocurrency by market capitalization and the backbone of decentralized finance (DeFi).

Despite its prominence, Ethereum has lagged the market’s broader rally for most of 2024. As of the end of October, Ethereum was up only 7%. However, it has recently gained strong momentum, surging nearly 33% since early November.

However, despite this recent rally, Ethereum price is still 30% below its all-time high, suggesting there is plenty of upside potential. Besides the price, the fundamentals remain solid.

Ethereum, the underlying platform for DeFi protocols, is benefiting from a steady influx of value and growing interest in tokenization, an innovation that allows traditional assets such as real estate and stocks to be represented digitally on blockchains.

These factors lay a solid foundation for the potential for Ethereum to not only recover its previous highs, but also reach new records as adoption deepens and the bull cycle progresses.

2. Ghost

Next is ghost (ghost 1.46%)One of the most prominent players in the DeFi ecosystem. Known as a decentralized lending and lending platform, Aave acts as a “digital bank” where users can borrow assets to earn profits or borrow assets.

Deployed on multiple blockchains, Aave’s cross-chain compatibility and established reputation have made it an important part of the DeFi infrastructure.

Aave’s token recently traded around $190, well below the all-time high of $572 it reached in 2021. As more capital flows into the cryptocurrency ecosystem, it stands to benefit directly from the renewed interest in decentralized finance.

And as the Federal Reserve shifts to lower interest rates, DeFi protocols like Aave, which offer higher yields than traditional financial products, are poised to become more attractive to investors seeking better returns in a low-interest rate environment.

Another catalyst for Aave could be the activation of the “fee switch.” Once implemented, this feature will distribute a portion of protocol revenues to AAVE token holders, creating another revenue stream for investors and aligning token incentives with the overall growth of the platform.

3. Airfield

Finally, we airfield (Aero -2.51%)Decentralized exchanges (DEXs) have become one of the most productive and widely used protocols on Base, a blockchain developed by . Coinbase Global. There are plenty of other DEXes out there, but it’s Aerodrome’s relationship with Base and its innovative design that makes Aerodrome an attractive investment today.

Base has quickly gained popularity since its launch last August, but it does not have its own native token. This absence positions Aerodrome as the closest proxy for Base’s growth, giving investors indirect exposure to the blockchain’s expanding ecosystem.

Despite already making notable gains, Aerodrome’s token still appears to have room for growth, especially considering several promising factors.

Above all, the protocol continues to set new records across metrics such as revenue, user activity, and trading volume.

And we are entering a phase of deflation. Initially, the protocol’s token economics were designed with high greenhouse gas emissions in mind to promote growth, but emissions are now set to decline, potentially increasing the scarcity and value of the tokens.

Therefore, as Base continues to grow, Aerodrome’s role as a major liquidity hub should become more important. This presents a unique opportunity for investors to leverage Base’s developments while also benefiting from Aerodrome’s increased usage and reduced emissions.