As the year 2024 picks up bullsih momentum with multiple positive catalysts, the altcoins spring back into a bull run. As the crypto market witnesses a successful Bitcoin ETF approval in January, the Halving event in April, and finally, the Ethereum ETF approval in May, the demand for altcoins constantly increases.

After a bearish month in April, the sideline traders and the market gurus expect an “Altcoin Season” closer than it appears. This will boost major blue-chip altcoins along with some newcomers or low-cap coins with greater potential.

So, let’s have a look at our top 10 altcoins to invest in 2024.

PEPE (PEPE)

With a bullish turnaround in the daily chart, the PEPE price action shows a massive uptrend as the crypto market grows. In 2024, the meme coin has given almost 1000% YTD growth and continues the uptrend with increasing demand.

With the recent breakout rally in the daily chart of a falling wedge and a rounding bottom pattern, the PEPE price skyrockets above the $0.000010 psychological mark.

As per the bullish track record, the trending meme coin, with a market cap of $5.79 Billion, could reach the $0.00010 mark by the end of this year.

Dogecoin (DOGE)

The biggest meme coin in the crypto world, DOGE, is one of the biggest investment choices of millennials entering the crypto/meme sector. Making multiple millionaires in the 2021 bull run, Dogecoin sustains a bullish price action.

However, the meme coin trades at a 78% discount from its all-time high but prepares for a bullish comeback. The DOGE price trades at $0.1591 and the long-term HODLers keep a goal of reaching $1 in 2024.

With the 2024 year turning bullish and massive jumps seen in multiple meme coins, DOGE showcases immense potential to reach the $1 mark.

Fetch.AI

With the AI sector replacing the DeFi craze, the 2024 bull run seems all about AI, memes and top cryptocurrencies. Amidst the rising number of AI tokens, the FET token shows underlying potential with a proven bullish trackrecord.

After years of blackout, the FET token makes a comeback in 2024 with the launch of ChatGPT by OpenAI. With a portal bringing additional demand to the AI crypto tokens, the FET price quickly rose by almost 1000%.

As per the ongoing trend and the trend-based Fibonacci levels, the buyers could target $11 this year.

Singularity.NET (AGIX)

Another AI token known for a massive jump in 2024 is the AGIX token. With a bullish 2023 compared to FET, the altcoin projects a bigger group of loyalists. The AGIX token price has surged by almost 275% in a YTD frame.

The AGIX price has been in a sideways loop for the past few weeks, but an improvement in the broader market will reignite the bull run. Further, the trend-based Fibonacci level anticipates a bull run continuation to the $3.65 mark.

However, the broader market recovery could propel it higher to the $10 mark this year.

Bonk (BONK)

The top Solana-based meme coin, BONK, has a promising price trend in the daily chart, teasing a massive surge impending in the coming days. Further, the meme coin projects a rounding bottom pattern with a neckline at $0.000038.

With a bullish reversal of 150%, the resurgence of increased demand for BONK projects another breakout rally. Further, as a freshly launched token, the meme coin has the underlying potential to gather community hype like Doge and SHIB in the last bull run.

As the Solana ecosystem grows, the BONK is expected to trend more in the crypto world. Considering the hype explodes, the altcoin could reach the $0.00010 psychological mark.

ONDO (ONDO)

As the institutions understand the potential of real-world asset tokens, the ONDO price is skyrocketing to new heights. With a 350% rise since inception, the altcoin price overcomes the $1 psychological mark and aims to surge to $3 this quarter.

Considering the bull run continues for the RWA tokens and the Bitcoin continues uptrend to stabilize the bull run market-wide, the altcoin could surge to double digits. As the volumes are rising, the ONDO price could reach $15 by the end of 2024.

Solana (SOL)

As a growing layer-1 token, Solana shows a bullish trend in motion and a massive uptrend in 2023 and early 2024. With the remarkable growth in the DeFi sector, the TVL stands at $4.67 Billion, making it the fourth biggest player.

Considering the bull run continues for Solana, the altcoin price could easily reach the $600 level before the Uptober rally. With the market anticipating the BTC price to cross the $100,000 mark, the SOL price could witness a surge to $1000 this Christmas.

8. NEAR Protocol (NEAR)

The NEAR token price shows a demand resurgence with a rounding bottom reversal visible in the weekly chart. Further, with a $8.24 Billion market cap, the altcoin is in the top 20 tokens in the crypto world.

In the weekly chart, the NEAR token reclaims the $5 mark and the 23.60% Fibonacci level, teasing an uptrend beyond $10. With an all-time high at $20, the underlying potential and the Fibonacci levels tease a bull run for a new high this year.

Considering the bull run continues, the altcoin could reach the $50 mark this year.

Floki Inu (FLOKI)

As another meme coin on our list, FLOKI projects the rising demand for community-driven coins due to their high returns. With a massive jump of almost 600%, the meme coin is ready for a rounding bottom reversal.

As per the Fibonacci levels, the FLOKI price could reach the $0.0010 mark by the end of this year as the bullish influence increases.

TAO

Finally, the altcoin TAO shows a bullish reversal possibility for a massive comeback this year. The altcoin is in a falling channel pattern, but the recent bull cycle teases a breakout rally despite the higher price rejection.

The rounding reversal within the parallel channel reflects increased demand as the upcycle prepares to reclaim the psychological mark of $500. A bullish breakout of the bearish pattern will unleash the trapped trend momentum for a massive surge. This will increase the possibility of the altcoin reaching the $1000 mark.

Conclusion

As the bulls gain momentum in 2024, the altcoin market is promising exceptional returns if the trend continues. Each of the altcoins listed here offers a unique proposition and high return possibility with equal  

As with any investment, due diligence and a balanced portfolio approach are crucial. The crypto renaissance is here, and for the savvy investor, the opportunities are as diverse as they are promising.

Also Check Out: Top 10 RWA Altcoins for 10x Profit In 2024