The post Top 3 Altcoins to Buy for Quick Gains in January appeared on BitcoinEthereumNews.com.

The top three altcoins to buy for quick gains in January – Solana, Polkadot, and Hyperliquid – each offer unique opportunities driven by innovative technologies and strong market potential. Bitcoin and a number of its crypto peers have pulled back in recent days following an explosive rally attributed to positive sentiment following Trump’s victory in the US elections in 2024. Source: Brave New Coin Bitcoin Liquid Index (BLX) However, experts are convinced that crypto assets will resume their rally heading into next year. Fundstrat’s Tom Lee, for example, sees a bunch of altcoins doing “extremely well” in 2025. Here are three altcoins that look well-positioned for quick gains in January. For investors looking for the best crypto to buy now, these could be good options. Solana (SOL) Solana has been in a downtrend ever since it printed a record high of $264 on November 22nd – but technicals continue to signal a potential rebound in this digital asset in early 2025. The native cryptocurrency of the Solana blockchain is currently trading only slightly below a key resistance at the $195 level. A potential breakout could clear the path for its price to hit $221 by the end of January. For reference, that translates to about an 18% upside from here. Investors could also take heart in the fact that SOL remains comfortably above a strong support at the $178 level, which further strengthens the case for quick gains in January. Source: TradingView Continued growth at decentralized platforms like Raydium and Pumpfun that are built on the Solana blockchain could help unlock further upside in SOL as well. Plus, the upcoming Firedancer update and the prospect of Solana ETFs under the new government must not be ignored. Put together, these developments could see this altcoin well over double from here to…

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Filed under: News - @ December 31, 2024 10:24 am