The post Crypto Expert List Out Top 10 Altcoin With Biggest Return In 2024 appeared first on Coinpedia Fintech News

As cryptocurrency markets experience a downturn, the total market capitalization has dropped by 7% in two days to $2.62 trillion. Even Bitcoin, the largest cryptocurrency, plummeted from $71,300 to $66000, affecting the top altcoins, with bears starting to dominate the market.

In the midst of the downturn renowned crypto analyst Michaël van de Poppe has compiled a list of the Top 10 Altcoins, signaling buying opportunities amid the market dip. 

He says, “The money is made during these times, not when everything is pumping through the roof.”

Top 10 Altcoins With Biggest Returns

Chainlink (LINK) – Market Cap 10.6Billion 

Despite a 40% drop from its recent peak, Chainlink presents a significant buying opportunity as it nears a cycle low. Currently, LINK is trading at $18 with a 31.6% surge in trading volume of $630 Million. 

Celestia (TIA) – Market Cap 2.16Billion 

With a substantial 61% drop since its peak, Celestia emerges as a potential high-gaining project in the current cycle. TIA is currently hovering at $12.34 with a slight drop seen in the last 24 hours. 

Arbitrum (ARB) – Market Cap $3.9 Billion

Arbitrum a Layer 2 Rollup system has witnessed a significant 60% drop in value. Eventually, the ARB coin presents a buying opportunity due to the recent unlocking of 1.1 billion tokens has caused notable selling pressure on the coin. As the market steadies, ARB aims for its all-time high.

Polkadot (DOT) – Market Cap $12.4 Billion

Polkadot’s cycle low valuation presents an attractive opportunity following the release of Polkadot 2.0 and progressive ecosystem growth. Currently, DOT is standing at $8.70 with a slight decrease seen in the last 24 hours. 

DYDX (DYDX) –  Market Cap $1.4 Billion

DYDX, which is closely tied to DeFi and Ethereum, is currently consolidating at a low value when compared to Bitcoin. This suggests potential growth in decentralized exchange development.

WooNetwork (WOO) – Market Cap $814 Million

Another DeFi project that is rolling out numerous innovations is expecting a strong surge in the DeFi sector in the coming days. Additionally, Bitcoin’s valuation remains relatively low compared to its potential.

SEI (SEI): Market Cap $1.9 Billion

As a new Layer 1 protocol, SEI is poised to outperform in the upcoming cycle, presenting an attractive option for investors. The SEI is currently hovering at $0.72 with a 2.78% drop seen in the last 24 hours. 

SkaleNetwork (SKL) – Market Cap $653 Million

SKl project stands out as one of the strongest in terms of Bitcoin valuation. However, the next resistance level is only 240% above the current price of $0.12.

Indeed which reflects a strong buying opportunity for investors. 

Cosmos (ATOM) –  Market Cap $4.3 Billion

Despite the ongoing market correction, Cosmos stands out with growth potential, especially on the weekly chart making it an undervalued coin compared to others.

Covalent (CQT) – Market Cap $192 Million

As a fine competitor to Celestia (TIA), Covalent offers an alternative investment with significant potential, especially considering Celestia’s 40% decline in value. Currently, CQT is trading at $0.28 with a 0.86% drop in its value.

Meanwhile, Van de Poppe’s curated list of top 10 altcoins provides investors with valuable insights into potential opportunities amidst market fluctuations. 

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Filed under: Bitcoin - @ April 3, 2024 7:24 am