Post
Topic
Board Altcoin Discussion
Re: What is your pick for best altcoin for bull run of 2024 ?
by
Sayeds56
on 11/04/2024, 19:17:08 UTC
We are already witnessing the bull run of 2024. What is your pick for best altcoin for bull run of 2024 ?

Indeed, cryptocurrencies market in bullish trend, supported by technical indicator such as Bitcoin trading above its 200 day moving average (DMA)  a signal that many analysts interoperate  as indicative of bullish market sentiment.  However I think the true bull run will begin after the halving event of Bitcoin, as it will result in reduced block reward to the extent of 50%, diminished supply should cause surge in Bitcoin price and subsequently benefiting altcoin.

 My favorite alts for bullish market are Solana and BNB beside Ethereum. Solana is considered to outperform in upcoming bull cycle due to its innovative technology and scalability solution.