Cryptocurrency enthusiasts are eagerly anticipating the next bull run due to the upsides that come with improved market conditions. Without a doubt, crypto assets can be highly volatile which makes it span through ups and lows in no time. To stay ahead of the curve, investors are already preparing for the next bull run by investing in some altcoins that have huge potential.
However, it has always been a daunting task for crypto traders to identify virtual assets with a tendency to soar massively.
With new cryptocurrencies hitting the market daily, investors have numerous options at their disposal. Nevertheless, only a few of these assets have been able to live up to their hype and offer appealing returns.
That said, in this article, we will dive into some of the best altcoins to buy ahead of the bull run. These picks have the potential to record massive gains and help investors grow the value of their portfolios.
List of Altcoins to Consider Ahead of Next Bull Run
Polygon (MATIC)
$MATIC the native token of the polygon network is another cryptocurrency worth buying ahead of the next bull run. The token plays a crucial role within the Polygon network as it supports the security of the ecosystem while ensuring governance.
More so, the token is will further benefit from the growing popularity of the Polygon network. Polygon has caught the attention of developers with its high efficiency of processing 65,000 transactions in less than a second.
While offering such a high throughput, Polygon charges less compared to other blockchains in terms of network fees. As a result of these factors, project teams are not hesitating to launch on the network which has fetched Polygon more than $877 million worth of total value locked as per DefiLlama.
Near Protocol (NEAR)
As the utility token of Near Protocol, NEAR is tipped to record a massive price rally in the next bull run which makes it a notable pick. Don’t forget that Near Protocol is a layer-1 network that is designed to address the shortcomings of a blockchain.
Near Protocol gained popularity for eliminating issues like diminutive transaction speed, low throughput, and operability. Thanks to this feature, numerous dApps swiftly adopted the network as their base blockchain leading to its rise in popularity.
As most bull runs often come with increased appetite from investors for more established projects, NEAR the native coin of the protocol is in a good position to gain market traction. Hence, NEAR is one of the best cryptocurrencies to watch out for as the market is gradually bouncing back.
SEI Network (SEI)
Gaining a reputation as the first industry-specific layer-1 blockchain, Sei Network doesn’t need much introduction in the cryptocurrency space. The network is specifically designed to support the functionality and performance of decentralized exchanges.
Furthermore, Sei has an in-built infrastructure that enables it to not just process transactions alone but also function as an NFT and in-game item trading platform. As a low-cap crypto, SEI comes cheap for less than a dollar which aided it in securing a place on this list.
Available for a giveaway price, SEI has all that it takes to climb high up the price charts by the next bull run.
Arbitrum (ARB)
ARB is the governance token of the popular Ethereum layer-2 network, Arbitrum. The token stands out as one of the altcoins savvy investors must buy ahead of the bull run.
Over the last 12 months, ARB has regressed, dropping from its all-time high of $2.40 to below $1. However, despite having a recent bad run, ARB could benefit from the next market boom.
With a market cap of $1.8 billion, ARB is one of the cryptocurrencies that has caught the attention of investors. Consequently, the acceptance of this token among investors makes it a consideration option for traders who are seeking the best altcoins to buy ahead of the next bull market.
Space ID (ID)
Space ID is a fast-rising universal name service network that helps register, manage, discover, and trade web3 domains. Additionally, the project focuses on building a multi-chain name service for every user allowing them to easily create and manage their web3 identity.
On the platform, ID serves as a means of payment which helps in generating utility for the altcoin. The token could perform well by the time the market recovers due to the growing popularity of the web3 naming service.
Conclusion
Considering numerous factors, most of the altcoins on this list are in a good position to record a noticeable price rally once the market recovers. Nevertheless, investors must do research on their own before investing in any cryptocurrency.
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