Which coinπͺ will pump in 2024?β
Cryptocurrency technology is emerging as one of the fastest-growing and most promising areas of investment since Bitcoin's inception in 2009. With more coins emerging from the development pipeline every week, the already vibrant cryptocurrency landscape will become global and increasingly interconnected.
Therefore, it can be difficult to predict which coins will be the biggest pumpers of the future. However, there are certain coins that are likely to do well in the long run due to their robust technology and strong development teams. Here are some of the most likely coins to pump in 2024:
1. Ethereum (ETH): Ethereum is the second-largest cryptocurrency by market cap and has the potential to surge higher in the near future. The coin has seen massive growth since its launch back in 2015, thanks to its powerful blockchain technology which enables developers to create decentralized applications (DApps). Ethereum is also primed to benefit from the upcoming ETH 2.0 upgrade, which is expected to improve scalability and help the network to reach its full potential.
2. Ripple (XRP): Ripple is a blockchain-powered payments platform that enables banks and financial institutions to facilitate international payments in a matter of seconds. XRP is the native cryptocurrency of the Ripple network and is used for facilitating transactions on the platform. The coin has been steadily growing in popularity and adoption over the years, making it one of the most likely coins to continue its success into the future.
3. Cardano (ADA): Cardano is a platform that provides a suite of blockchain-based financial services. The platform is built on a proof-of-stake (POS) consensus algorithm which makes it highly secure and resistant to manipulation. The coin has been growing in popularity amongst investors due to its strong technology and is expected to continue rising in the future.
4. Bitcoin Cash (BCH): Bitcoin Cash is a hard fork of the original Bitcoin network. The main advantage of this new coin is its better scalability and faster average transaction time. This makes it an attractive investment option for crypto traders and is expected to see significant growth in the near future.
These are some of the most likely coins to pump in 2024. Of course, the future remains unpredictable and anything can happen. So it is important to do your own research and be aware of potential risks before investing in any particular coin
Top 5 Coins Which Will Pump In Next Two Weeks
Whenever the price of Bitcoin goes down, certain small coins can experience significant pump. This can happen because traders use them to bet on a possible bounce back from Bitcoin price falling. Here are the top 5 coins that could possibly pump over the next two weeks.
1. Chainlink (LINK): This is a blockchain project that is designed to facilitate the communication between the blockchain and decentralized applications. Since the start of 2021, the value of LINK has surged significantly. It is an excellent long-term coin to hold and has great potential for good returns in the next two weeks.
2. Huobi Token (HT): This is a platform token issued by the Huobi crypto exchange. This token has been gaining popularity as traders use it to pay trading fees and to receive rewards on the exchange. The token's value has nearly tripled from late 2020 and is expected to continue its uptrend.
3. Polkadot (DOT): As a blockchain project that has been gaining a lot of attention since its launch in 2020, it has skyrocketed in value since the beginning of 2021. With its wide support from the community and major crypto exchanges, the token is expected to pump significantly in the next two weeks.
4. VeChain (VET): VeChain is an enterprise grade blockchain platform and is used by businesses to deploy decentralized applications. The token has been performing very well and the demand for it is expected to increase in the upcoming weeks.
5. Theta Token (THETA): This is the native token of Theta Network, a decentralized streaming platform. Its token has seen incredible growth in the first two months of 2021 and it is expected to continue its uptrend over the next two weeks.
These are the top 5 coins that could potentially pump in the next two weeks. Although no coin or investment guarantees a return on investment, trading on these coins could yield good profits if the market remains favorable.
How to Know When a Crypto Coin Will Pump
How to Know When a Crypto Coin Will Pump
Every cryptocurrency trader's dream is to catch that substantial bullish candle on the charts, especially when a coin has been recently listed. Who would not love the big moves that translate into moves of 100%, 200% or even 1,000% in a matter of hours or a few days?
After a long search, the writer stumbled on some information that could make this quest a reality. It is possible to position yourself into a stock that will make some big moves with some careful application. Even if the initial big move is not caught, subsequent retracement moves can produce some heavy returns. Here is how to detect a coin that has the potential to pump hard.
The first step is to search for the exchanges with coins that have the potential to pump. The source for this information is the CoinGecko website. On CoinGecko, search for the exchange you want to use. Click the search box below the CoinGecko logo. This action throws up several exchanges where these coins may be found. Let us assume that we want to search the Binance exchange.
Let us use the example of the Binance exchange. Click on "Exchange", and on the drop-down menu, click on "Spot". This displays the list of exchanges that can be searched for potential big winners. So click "Binance" at the top of the list. Once the exchange is selected, it displays the coins that have started to attract massive volume. Scroll down the list to search for pairs that are not popular, do not have a lot of market attention, but have started attracting enormous volume.
The table on CoinGecko displays information about these assets such as price, the spread, volume % increase or decrease, 24-hour volume and the Trust score. The information that is of interest to us is the 24-hour volume for the coin pair.