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Tue 07 May 2024 3 min of reading by Luc Jose A.

With the current momentum of prices in the crypto market, now is the time to invest most heavily in altcoins. And if youre still unsure which altcoins to prioritize, were here to help. Here are 3 altcoins you could invest in now to increase your chances.

If youre looking to invest in cryptos at this time, start by considering Chainlink. Chainlink is a blockchain oracle network that assists Ethereum smart contracts in connecting to payment systems, APIs, and various external data sources. The project has a lot of potential.

The projects native token, LINK, is currently trading at about $14.24 on CoinMarketCap with sustained growth over the past 7 days. After reaching its all-time high of $52.8761 in May 2021, LINK could soon set a new record.

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A fierce competitor of Ethereum with a multi-chain approach, Avalanche has managed to attract major players like MasterCard. Since 2021, in fact, the blockchain has entered the Top 10 most used blockchains. This is unsurprising, given that it was built to address issues of scalability and transaction costs on Ethereum.

Despite a recent setback, its cryptocurrency, AVAX, shows a clear upward trend over the past few days. Its current price is about $36.08 on coinmarketcap with a growth of 3.79% in the last 24 hours.

While this is not investment advice, we suspect that Solana (SOL) will make big waves in the coming months. Its performance over the past year has positioned it among the cryptocurrencies to be recommended this year.

With a growth of 7.05% over the last 7 days, the cryptocurrency is currently trading at nearly $147.39 on coinmarketcap, well below its ATH of $260. Solana could clearly be an excellent investment opportunity for this altcoin season. Its up to you to choose your altcoin and get started as soon as your calculations are correct.

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Diplm de Sciences Po Toulouse et titulaire d'une certification consultant blockchain dlivre par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'conomie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet cosystme en constante volution. Mon objectif est de permettre chacun de mieux comprendre la blockchain et de saisir les opportunits qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualit, de dcrypter les tendances du march, de relayer les dernires innovations technologiques et de mettre en perspective les enjeux conomiques et socitaux de cette rvolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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Crypto: The Top 4 Altcoins to Buy Now - Cointribune EN