The market is open to various choices after Bitcoin’s flat race in ETFs with a large spike and battle to hold the $43K barrier. It’s time to endorse lesser-known coins, not ETH or Chainlink. But stay alert because this market is always changing, making it hard to forecast which currencies will make you rich. However, a crypto analyst and investor believes these 5 lesser-known coins might make you rich in 2024:
With over 6 years of crypto investment experience and a portfolio of over 100 startups, Dennis shared detailed insights into these promising coins in a recent YouTube video.
Superverse (SUPER)
Moving down the list, he first started with Superverse (SUPER) as the unifier of the crypto gaming ecosystem since it may combine gaming platforms. SUPER is primed for expansion with a large user base and game network. He predicted a SUPER price breakout based on impending enhancements. Despite a period of consolidation, He suggests considering entry points now, targeting a price of at least $1, with the potential for further gains as high as $2.
Dental Social (DIESEL)
Dental Social (DIESEL) has emerged as a standout project in the decentralized social media landscape. With a strong focus on genuine decentralization, the platform’s next-gen consumer app, Focus, is set to launch in the summer, having already raised $77 million in commitments. He emphasized DIESEL’s clarified tokenomics and treasury value, presenting it as a compelling investment opportunity. He recommends considering entry points in the low $30 range.
PAID Network (PAID)
Further down the list, he added PAID Network (PAID) stands out as a premier launchpad with a proven track record of successful projects. Led by industry veteran Kyle Chass and Master Ventures, PAID is undergoing a significant upgrade to its launchpad model. The introduction of the Open Pool concept aims to democratize investment opportunities, allowing anyone to participate in high-tier projects with minimal investment. He highlighted PAID’s collaboration with Off the Grid by Gonzilla and its potential for substantial growth in 2024.
Ribbon Finance (RBN)
Formerly known as Ribbon, AVO is undergoing a rebrand to support decentralized perpetual exchange. With unique listing strategies and a migration to the AO token, AVO presents an exciting opportunity for investors. He suggests considering entry points between $0.30-$0.40, citing strong fundamentals and potential catalysts for growth.
MEME Coin on Avalanche (ENU)
At last, analysts expressed bullish sentiment towards ENU, a meme coin on the Avalanche blockchain. Backed by Avalanche’s support for meme coins and meeting specific criteria outlined by the blockchain, ENU could see significant growth in 2024. Dennis sees potential for ENU to reach its previous all-time high and beyond, with entry points between $0.30-$0.40 presenting an attractive opportunity for investors.
The analyst recommended considering these lesser-known coins like ENU, PAID, and SUPER, all of which have not seen any major price swings but are backed by strong fundamentals.
Source: https://coinpedia.org/price-analysis/top-5-lesser-known-altcoins-to-buy-in-q1-2024-for-minimum-10x-profits/