As the year draws to a close, the upcoming bull run is on every crypto enthusiast’s mind.
With the approval of spot Bitcoin ETFs on the horizon and the upcoming Bitcoin halving in May 2024, the market is slowly turning bullish once again.
Overall, this year has been very positive for the cryptocurrency market, with Bitcoin increasing 125% since January, and experts believe that this trend is likely to continue in 2024.
Several factors are contributing to this optimism, including increased institutional adoption, growing awareness of blockchain technology, and the development of new and innovative projects.
While Bitcoin remains the dominant cryptocurrency, altcoins, or alternative cryptocurrencies, are gaining traction as investors and crypto degens seek to diversify their portfolios and achieve higher returns in the coming year.
In this article, we will discuss 5 promising altcoins to diversify your portfolio and boost your returns in 2024.
At the top of our list stands the BTC ETF Token, a new cryptocurrency project to have on your watchlist. It is designed to reward its community members as the Bitcoin ETF progresses towards approval.
It combines a deflationary mechanism and a dynamic tax reduction system that are aligned with key milestones in the spot ETF approval process.
For every milestone achieved, the project burns 5% of the total supply and the transaction tax is reduced by 1%.
The BTC ETF Token roadmap outlines 5 milestones which means that 25% of the total supply will eventually be burnt.
The 5 milestones include:
- $BTCETF Token Surpasses $100 Million in Trading Volume
- First Bitcoin ETF Approval by the SEC
- Official Launch of the First Bitcoin ETF
- Bitcoin ETF Assets Under Management Cross $1 Billion
- Bitcoin Closes Above the $100,000 Mark
Additionally, Bitcoin ETF Token holders can also earn passive income by staking their tokens on the project’s website, generating an annual percentage yield (APY) of up to 138% as of this writing.
By aligning its fate with the Bitcoin ETF’s progress, the project positions itself as a prime investment opportunity for those seeking exposure to the current ETF hype.
The $BTCETF Token can be purchased in the ongoing presale at the price of $0.0058.
The presale is moving fast with over $1.9 million raised and is capped at $5 Million.
The gaming industry has experienced explosive growth this year and experts predict that this trend will continue into 2024.
With this in mind, it is advisable to incorporate a gaming project into your investment portfolio to capitalize on this thriving sector.
TG.Casino is a fully licensed gaming platform that utilizes its native token, $TGC, to provide users with a range of benefits, including staking yields, and exclusive access to games.
The platform is conveniently accessible directly from Telegram which means that players can create an account without the hassle of KYC procedures or government ID verification.
Revenue Share Model & Deflationary Tokenomics
$TGC has a total supply of 100 million tokens, but this number will gradually reduce over time.
Everyday, the platform’s profits will be used to buy back $TGC tokens from the open market.
Of the tokens bought back, 40% will be burned, effectively reducing the overall supply, while the remaining 60% will be distributed as staking rewards.
Presale Opportunities
At the time of writing, presale investors can acquire $TGC tokens for a mere $0.165 per token.
Additionally, those who purchase a minimum of $5K worth of tokens gain exclusive access to NFTs and post-launch rewards.
At the time of writing, the presale has successfully raised over $3 million.
Buy $TGC today and add a promising GambleFi project to your 2024 portfolio !
Another project to diversify your portfolio is Bitcoin Minetrix.
As Bitcoin’s price recently surpassed $37,000, the interest in Bitcoin mining has resurfaced.
Bitcoin Minetrix capitalizes on this renewed interest by offering a unique cloud mining solution.
Bitcoin Minetrix leverages cloud mining to empower individuals to participate in Bitcoin mining without the need for expensive hardware or technical expertise.
Through its innovative Stake-to-Mine mechanism, Bitcoin Minetrix provides users with a transparent and decentralized cloud mining experience.
Key Features:
- Stake-to-Mine Mechanism: Users stake their $BTCMTX tokens to earn non-tradable ERC-20 cloud mining credits. These credits can be burned to acquire Bitcoin’s cloud mining power.
- High APYs: Staking $BTCMTX generates annual percentage yields (APYs) as high as 133%.
- Decentralized Approach: Bitcoin Minetrix eliminates the need for middlemen, providing users with direct access to cloud mining power.
- Energy Efficiency: By using energy-efficient algorithms, Bitcoin Minetrix democratizes Bitcoin mining while also minimizing the environmental impact.
The Bitcoin Minetrix presale is still open, with the $BTCMTX token currently priced at $0.0119.
The presale has already raised over $4.4 million, demonstrating the strong interest in the project and its potential to become a leading cryptocurrency in the long run.
Buy $BTCMTX and start mining Bitcoin today !
Another promising GameFi project to keep an eye on as we move towards 2024 is Meme Kombat.
Meme Kombat is a crypto gaming project that offers a unique play-to-earn (P2E) experience through its battle arena powered by artificial intelligence.
Players can choose their favorite meme avatars and engage in virtual automated combats, wagering on the outcome of each battle to earn exciting rewards in the form of $MK tokens.
The Meme Kombat battle arena features a variety of game modes, including Player vs Player and Player vs Game.
Additionally, the project offers attractive staking rewards, reaching up to 400% APY during the current presale.
After the presale, the platform will implement dynamic staking yields, where rewards fluctuate based on the total number of tokens staked.
The Meme Kombat team is doxxed, led by Matt Whiteman, a renowned figure in the NFT space, currently holding the position of Chief Operations Officer at North Technologies, a Netherlands-based NFT trading and analytics firm.
In summary, Meme Kombat capitalizes on 3 thriving sectors in the cryptocurrency market: GameFi, GambleFi, and the meme coin craze.
By carefully integrating these 3 elements, the project has positioned itself as a compelling investment opportunity for 2024 and beyond.
With its affordable presale price of $0.214 and an impressive $2.2 million raised so far, Meme Kombat is well-positioned to make a significant impact in the crypto space.
Buy $MK today and join the thrills of crypto gaming and gambling !
- Solana – $SOL
Stepping away from the presale ventures, another promising project to hold for 2024 is Solana.
A quick glimpse into its price chart unveils Solana’s explosive surge in 2021, from a humble $30 to a stunning $250, captivated investors worldwide.
Despite a subsequent bear market that dragged it down to $10, Solana’s resilient and dedicated team propelled it back to $50, demonstrating a remarkable 300% surge this year.
Solana is a high-performance blockchain platform that has the ability to process a large number of transactions per second (TPS) at incredibly low fees.
This makes it ideal for building decentralized applications (DApps) in the rapidly growing decentralized finance sector (DeFi).
In addition to its high performance, Solana is also facilitating crypto adoption through Solana Pay, a fully decentralized payment app.
On top of that, credit card giant Visa has also announced its intention to use the Solana blockchain for USDC payments.
In conclusion, while Solana has experienced a significant drop in price in the latest bear market, it continues to attract the attention of investors, solidifying its position as a promising asset to add to your portfolio as we navigate towards 2024.
Conclusion
As we approach 2024, the anticipation of a renewed bull market in the cryptocurrency space is growing.
With this in mind, now might be a good time to diversify your crypto portfolio and start adding promising gems to your watch list for the upcoming year.
Empowered with this comprehensive knowledge, you are now equipped with a selection of five promising projects that have the potential to deliver significant returns in the next year.
