Bitcoin's recent rise has sparked significant interest in altcoins, leading many to wonder if altcoin season is upon us. Analyst Lark Davis suggests that investors should act quickly and track the strongest altcoins before they surge.
Top of the list is Solana (SOL), which has dropped about 49% from its January highs but shows bullish signals, potentially due to ETF discussions and an upcoming recovery. Currently priced at $147.47, Solana is facing a minor decline of 3% in the last 24 hours.
Next is Litecoin (LTC), which is attracting attention with discussions around ETFs and significant exchange listings. It has a lower market cap of under $10 billion, making it an attractive option compared to more established currencies like Bitcoin and Ethereum, currently trading at $84.94.
Ethereum (ETH) still holds promise despite a lackluster performance recently. The coin is experiencing increases in ETF inflows and a potential surge driven by significant developer activity. Ethereum is currently priced at $2529.76, down 2% as it prepares for a potential breakout.
For those looking for higher volatility, meme-driven Pepe (PEPE) remains popular. Its movement often mirrors that of Ethereum and other altcoins, and it's currently down 3%.
Virtuals Protocol (VIRTUAL) is noted as a strong AI-related option. Despite challenges in the AI token market, VIRTUAL maintains solid fundamentals. It trades at $1.69 after a 7% decline.
Plume (PLUME), a newcomer in real-world assets, is showing potential with access to yield opportunities. Despite recent setbacks, its market cap stands around $200 million, after a 7% drop in the last 24 hours.
Lastly, Wormhole (WORM) is singled out for its cross-chain capabilities. The platform has significant value transfer achievements and solid institutional integrations, but currently trades at a $350 million market cap, down 1%.
Top of the list is Solana (SOL), which has dropped about 49% from its January highs but shows bullish signals, potentially due to ETF discussions and an upcoming recovery. Currently priced at $147.47, Solana is facing a minor decline of 3% in the last 24 hours.
Next is Litecoin (LTC), which is attracting attention with discussions around ETFs and significant exchange listings. It has a lower market cap of under $10 billion, making it an attractive option compared to more established currencies like Bitcoin and Ethereum, currently trading at $84.94.
Ethereum (ETH) still holds promise despite a lackluster performance recently. The coin is experiencing increases in ETF inflows and a potential surge driven by significant developer activity. Ethereum is currently priced at $2529.76, down 2% as it prepares for a potential breakout.
For those looking for higher volatility, meme-driven Pepe (PEPE) remains popular. Its movement often mirrors that of Ethereum and other altcoins, and it's currently down 3%.
Virtuals Protocol (VIRTUAL) is noted as a strong AI-related option. Despite challenges in the AI token market, VIRTUAL maintains solid fundamentals. It trades at $1.69 after a 7% decline.
Plume (PLUME), a newcomer in real-world assets, is showing potential with access to yield opportunities. Despite recent setbacks, its market cap stands around $200 million, after a 7% drop in the last 24 hours.
Lastly, Wormhole (WORM) is singled out for its cross-chain capabilities. The platform has significant value transfer achievements and solid institutional integrations, but currently trades at a $350 million market cap, down 1%.
