A cryptocurrency analyst predicts substantial gains for a niche Ethereum-based asset. You've probably never heard about it. The forecast comes amid volatile market conditions. Credible Crypto, a pseudonymous trader, shared insights with his 399,300 X followers. He focused on Curve DAO's token, CRV. CRV is the native asset of a decentralized finance platform. The platform specializes in stablecoin trading. The analyst projects CRV could exceed $6. This represents a potential 1,724% increase from current levels. This forecast is contingent on Bitcoin reaching $100,000. CRV currently trades at $0.329, while Bitcoin is at $64,706. Credible Crypto also commented on Dogecoin. He set a bearish target between $0.04 and $0.08 for the popular memecoin. "Best-case scenario for DOGE that I can see is below- that is, finding support at the middle of our range [between $0.1 and $0.075] that we've just deviated above," he stated. He added, "Lose that, and sub $0.05 comes next." Dogecoin presently trades at $0.123. The analyst extended his bearish outlook to Pepe. He suggested PEPE might follow FLOKI's downward trend. PEPE currently trades at $0.0000113. FLOKI is priced at $0.000179.

Billionaire Arthur Hayes has recently predicted that Aptos will flip Solana over the next few years. Now as Solana suddenly starts to stumble, we are wondering if Hayes had a point. Solana has fallen by 1.5% in the past 24 hours. SOL slipped to $143.28 together with the whole market. But while Bitcoin and Ethereum are keeping pretty stable prices for quite a prolonged period, called accumulation, Solana is pretty much nosediving. SOL, which is the market’s fifth-biggest coin by capitalization, is down by 10% in a week and 18% in a month. Some analysts say, there is a positive side of this as it looks like a bottom out. So they expect Solana to show some bullish sentiments in the near future. They encourage everybody to buy SOL now. Hopefully, the token is about to rebound. There is no strong evidence to that sentiment, except for a fact that Solana trading volume has lifted from just over $1 billion a day ago to $1.5 billion yesterday. On the other hand, skeptics might say that was probably a whale sale. Which might again bring us to the idea of Solana struggling for real, rather than just regrouping for the next rebound. Solana still remains the second most popular altcoin on the market, slightly trailing behind Ethereum. Solana has been recently adopted by Visa and PayPal. These financial giants praise Solana for its blazing speed and low costs of transactions. According to some pretty convincing rumors, Solana might be the next crypto to be approved for ETFs by SEC. And that might bring Solana to a price hike. But there is an alternative opinion. BitMex founder and a billionaire Artur Hayes is very skeptical. He claims Solana will be soon overtaken by other altcoins. Hayes is particularly fond of Aptos, dubbed as 'Solana killer.' That sounds pretty wild, as most of us probably haven't heard of Aptos at all. We'll have to wait and see if Hayes has a point.

Solana might beat Ethereum and become the new altcoin leader. It might happen quite soon, in the next crypto cycle, some analysts claim. According to a recent post from Gumshoe, all the charts show that if the current bull market continue, Solana will continue to float higher than other altcoins. Analyst notes that this will continue the trend seen from the better part of 2023. Solana kept rising from obscurity to become one of the top performers. It was even outdoing Bitcoin at times. As of now, Solana is up 100% from January 2023 lows and roughly 8X from the pits of September 2023. Sceptics might say that Solana is experiencing a kind of cool-off after the recent rally. But it is hard to deny the uptrend. And there are some more factors that influence the whole picture. Solana is quickly becoming a default choice for all kinds of mem coin deployers. Miscellaneous institutions tend to massively adopt Solana as their primary blockchain. Cheap and fast transactions are key features that drive the proccess. Solana boasts a theoretical throughput of up to 65,000 transactions per second (TPS). Meanwhile, though Ethereum has the largest network, it can only process 15 transactions every second. That leads to higher transaction fees. Awaiting times for transaction on Ethereum can be pretty annoying. PayPal, Visa and Stripe are in the list of Solana adopters already. All that is happening even despite the ongoing challenges and legal hurdles. United States Securities and Exchange Commission (SEC) has recently filed a number of lawsuits against Binance and Coinbase. SEC states that Solana is an unregistered security. That, by the way, might be a serious obstacle if Solana ever tries to get its own ETFs (exchange-traded funds). The other problem here is the significantly under developed futures market. Its absence might be a problem for Solana ETFs either.

Several altcoins are predicted to bring mammoth returns in 2024. At the top is Solana, high performance and speed being their central tenets. Two other altcoins have taken two fundamentally substantial growth factors as eye-openers for market analysts. First on this list, Ethereum would be the biggest, deemed second in several fundamental cryptocurrency categories, judging by market capitalization. Future upgrades and its position in decentralized finance and NFT mean that Ethereum has a good advantage. Analysts are convinced that the transition towards the proof-of-stake consensus mechanism will increase Ethereum's price by quite a margin. The next is Chainlink - a decentralized oracle network. It provides intelligent contracts with tamper-proof data essential for most use cases. Its multi-chain integration positions it for substantial growth. Chainlink may rise by 10,000% as it adds more users and partners. Many admire the speed that Solana has created, which is championed by low costs per transaction. It will be in direct competition with Ethereum, considering the individual spaces each occupies in DeFi. For its scalability and wholesome ecosystem, Solana finds itself at the top of the choice lenses for any investor with an eye on returns. Better technological feasibility and higher adoption rates of these altcoins will further bring this forth. Trials on Ethereum migrating to Ethereum 2.0, a Continuously growing list of partnerships for Chainlink, and Performance enhancements in Solana are some of the fundamental causes. Poetry has it that this will further amplify their market value by wild margins. Therefore, investors have to follow them keenly; just like the crypto market is highly volatile in reasonability, the possibility of growth among these means that they should be addressed. Strategic investments in these altcoins can work wonders with one's returns during 2024. Analysts underline keeping oneself updated and alert. Fast-paced, the crypto market keeps one on high alert, but with substantial monetary awards for the first investors of such altcoins. In sum, the best altcoins to ensure explosive growth this year are Ethereum, Chainlink, and Solana sequentially. Their technological advancements and increased adoption rates, among other reasons explained here, make them different candidates for high returns. Investors looking forward with bated breath to making gains in pockets from a portfolio will relate to these with open arms.

Crypto trader Altcoin Sherpa predicts a strong rally for AI-focused altcoins in the coming months. Despite recent underperformance, Sherpa remains bullish on several key projects. He highlights Render (RNDR), Fetch.ai (FET), Arweave (AR), and RSS3 as his top picks. These projects are expected to benefit from growing interest and advancements in artificial intelligence. Sherpa advises investors to be patient and consider scaling into these altcoins. He emphasizes that current price levels offer good buying opportunities for those looking to enter the market. Patience and strategic entry points are crucial for maximizing returns. In addition to AI altcoins, Sherpa is also optimistic about Echelon Prime (PRIME), a gaming token. He recommends accumulating PRIME between $11 and $15, noting its potential in the gaming sector. At the time of his analysis, PRIME was trading at $16.70, suggesting room for growth within the advised accumulation range. Sherpa's insights reflect a broader trend in the cryptocurrency market, where AI and gaming tokens are gaining traction. Investors are increasingly looking at these sectors for potential high returns. His top picks offer a roadmap for those interested in diversifying their crypto portfolios with promising AI and gaming projects. But it's worth remembering that so many predictions about young tokens in the dynamic crypto market don't come true.