Altcoins
Here are the 5 best Altcoins to make your Lambo dream come true
Popular cryptocurrency expert and YouTuber Lark Davis highlights the five best altcoins that can make investors realize their “Lambo” dream.
Yesterday the cryptocurrency market witnessed a severe downturn, which caused a sharp drop in the prices of major assets. Data from CoinGecko shows that the global cryptocurrency market capitalization fell 3% in the last 24 hours to $2.69 trillion.
Despite the recession, investors still express firm confidence that this bull season will surpass all previous records in the history of cryptocurrencies. Therefore, investors are watch for the best altcoins that will potentially produce huge returns in the bull season.
The 5 best Altcoins to buy now
Answering these questions, prominent cryptocurrency YouTuber Lark Davis highlighted the top five altcoins that could make investors’ Lambo dreams come true.
For context, Lambo, the shortened form of the exotic car Lamborghini, has become one of the favorite terms used in cryptocurrency-related discussions. It is used to express excitement about getting rich by investing in cryptocurrencies. For example, every time an investor asks, “When is Lambo?” it means when the price of an asset would increase.
In his recent videoDavis highlighted the top 5 altcoins that could make investors’ Lambo dream a reality.
Jupiter (JUP)
Jupiter (JUP) is the first altcoin on the list. JUP is the native token of the Solana-based decentralized exchange aggregator (DEX) Jupiter. The DEX allows users to trade tokens within the Solana network at optimal prices with low slippage and transaction fees.
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Although Jupiter launched in 2021, the team behind the DEX launched its native token on January 31, 2024. The token, which reached an all-time high of $2 upon its launch, is currently trading at $1.02 , down 8.5% in the last 24 hours.
Airport financing (AERO)
The second altcoin on the list is Aerodrome Finance, a decentralized exchange built on Coinbase’s Base blockchain network.
Launched in August 2023, Aerodrome aims to become the central liquidity hub for the Base blockchain by combining a user-friendly interface and a sophisticated liquidity incentive engine. AERO, which peaked at $2.31 in April 2024, was trading at $0.99 at the time of writing.
Subsquid (SQD)
According to Davis, Subsquid, a blockchain indexing service tailor-made for Web3, could be the Google of blockchain. The project is a web3 app that facilitates quick and cheap data provisioning for developers.
SQD launched on May 17, 2024 on multiple exchanges, including KuCoin, MEXC Global, CoinList, Bybit, and Gate.io. At the time of writing, SQD was trading at $0.15, up 8.8% over the past 24 hours.
Oasis Network (ROSE)
Launched in 2020, Oasis Network is a Layer-1 blockchain built for scalability and privacy. Davis highlighted ROSE as the fourth altcoin that could make investors’ Lambo dream come true. ROSE was trading at $0.1 in the hours before press, marking a decline of 8.8% in the 24 hours.
Fantom (FTM)
Fantom (FTM), a Layer-1 blockchain launched in 2018, is the fifth and final altcoin on the list. At the current price of $0.72, FTM is down 79.1% from its all-time high of $3.46, recorded on October 28, 2021.
It is worth mentioning that the article is for informational purposes and does not constitute investment advice. Davis urged investors to conduct due diligence before investing money in the aforementioned altcoins.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to do thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
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