{"id":472631,"date":"2024-01-16T15:45:51","date_gmt":"2024-01-16T15:45:51","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=472631"},"modified":"2024-01-16T15:45:51","modified_gmt":"2024-01-16T15:45:51","slug":"5-best-cryptocurrencies-to-watch-in-2024-next-altcoins-set-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/5-best-cryptocurrencies-to-watch-in-2024-next-altcoins-set-to-explode","title":{"rendered":"5 Best Cryptocurrencies to Watch in 2024 \u2013 Next Altcoins Set to Explode"},"content":{"rendered":"

In the fluctuating crypto market, some assets emerge as smart investments, demonstrating strong and consistent performance amid the volatility.<\/p>\n

Optimism, Sei, Ethereum, Aptos, and the emerging coin Bitcoin Minetrix<\/a> are gaining attention from investors. Investors are drawn to these cryptocurrencies as they strive to build diverse portfolios, aiming for a strong foundation and long-term success.<\/p>\n

In this article, we delve into the distinctive features and potential developments of these 5 best cryptocurrencies to watch in 2024.<\/a><\/p>\n

Optimism (OP)<\/h2>\n

Optimism, a Layer-2 scaling solution for Ethereum emphasizing speed and minimal gas fees, is on a notable upswing, mirroring the broader trend towards Layer 2 solutions in the crypto space. The substantial increase in Optimism’s total value locked (TVL) reflects growing trust and platform usage.<\/p>\n

Currently trading at $3.52, with a 10-Day Simple Moving Average (SMA) of $3.36 and a 100-Day SMA of $2.12, Optimism faces support at $3.32 and resistance at $3.57 and $3.74. Having reached an all-time high of $4.28 on January 12, 2023, Optimism is projected to trade within a range of $3.27 to $4.55 in 2024.<\/p>\n