Top Investors Watch Altcoins Skyrocket in January What are the best altcoins to buy right now?

Top cryptocurrency investor Brian Kelly expects altcoin prices to surge next month, citing historical trends that suggest a strong bounce following Bitcoin’s recent rebound.

Kelly, founder and CEO of digital asset investment firm BKCM, said during an appearance on CNBC’s Fast Money that altcoins have historically performed well following large Bitcoin movements.

“Typically what we see in a bull market is about a month after Bitcoin moves, it starts to move towards altcoins. So we saw the Ethereum breakout (Sunday) night and Solana started moving down the list and this is what I expect. Let’s say around January.”

Kelly believes macroeconomic changes are behind the uptick as the global economy emerges from the knock-on effects of the COVID-19 pandemic, including supply chain bottlenecks and a surge in inflation. The possibility of interest rates reaching their peak also boosted investment sentiment.

The market’s attitude toward risk is already spreading to altcoins, with tokens like Avalanche, Dogecoin and Celestia seeing pumps not seen since the last cryptocurrency bull market, which ended just two years ago. I’m watching.

Cryptocurrency pre-sales have been a safe haven for cryptocurrency enthusiasts during bear markets over the past two years, giving buyers an opportunity to invest in exciting new projects and technologies along with the benefit of earning healthy returns when cryptocurrencies hit the market. provided an exit.

What are the best altcoins to buy right now?

The top three altcoin gainers among the top 100 by market cap over the past 30 days are Bonk, up 895%, Celestia (325%), and ORDI (308%).

Caspar (KAS), which recorded the highest increase over the past year, recorded a rise of 1,570%, Wemix (WEMIX) recorded a rise of 1,149%, and Injective (INJ) recorded a rise of 1,036%.

So which coin will follow next month and into 2024? It’s unlikely that giants like Pepe, Doge and Shiba Inu will fade into the background, and the fast-rising Bonk looks like a stronger contender for next year as well.

But among strong new challengers, the next two new boys rank high on the radar of many top analysts.

Meme Kombat Among Altcoins Ready for Battle

Meme Kombat generated $2.6 million in pre-sales as it moved toward its final goal of $3.5 million. Recently, as the outlook for the cryptocurrency market has brightened, the inflow of funds into coins has increased significantly.

Having currently raised over $2.6 million through a pre-sale price of $0.225 per token, Meme Kombat encourages active participation from investors. Players can use their MK tokens to bet on a variety of games in the arena, fostering friendly competition in player vs. player mode.

We just hit $2.6 million! That big purchase really touched us🚀

So here’s a meme for you👇$MK After 24 hours: pic.twitter.com/RDSypl2xJQ

— Meme Kombat (@Meme_Kombat) December 6, 2023

Will the Wall Street meme take Pepe’s crown in 2024?

Wall Street Memes surged 13% last week, boosting its market capitalization to $45 million. This is not a great achievement for a coin that only hit the market in late September. It also boasts an active online community with over 300,000 Twitter followers.

Inspired by the motto ‘Greed is Good’, it was designed to commemorate the 2021 event that gave birth to the GameStop short squeeze. It raised $30 million in pre-sales and added another $15 million to its total since listing.

Also read

A new cryptocurrency mining platform – Bitcoin Minetrix

• Thanks to Coinsult
• Decentralized, secure cloud mining
• Get free Bitcoin every day
• Native token currently in pre-sale – BTCMTX
• Staking Rewards – APY 100% or more