After posting losses for the better part of June before sinking some more in early July, The price of Bitcoin and top altcoins are making a comeback. Buoyed by investor confidence and speculation of the crypto bull run aligning with the uptick of early Q1 2024, smart investors are closely monitoring events.
If past price action guides, it is highly likely that quality low-market cap projects will fly, outperforming the top 10 most valuable projects.
So far, 99Bitcoin analysts have selected Ordi (ORDI), 99Bitcoins (99BTC), and Stacks (STX) as the top 3 projects that will spearhead gains in 2024 as the crypto bull run picks up pace again.
Here’s why:
Ordi: Bringing NFTs to Bitcoin
Undoubtedly, Ordi is a revolutionary protocol that taps into Bitcoin’s popularity and unparalleled security.
Through the Ordinals protocol, made possible after the Taproot upgrade in late 2021, users can store files similar to NFTs by inscribing them directly on the Bitcoin network.
At spot rates, ORDI is up 12X from all-time lows registered in September 2023.
The coin is changing hands at $37.95, up 5% in the past day.
However, analysts predict ORDI will register fresh all-time highs, soaring past $96 in the coming months.
The rally will be sparked by the adoption of BRC-20 tokens and the revival in the NFT markets.
99BTC: Rewarding Crypto Knowledge
Analysts were very deliberate when they chose 99BTC as a top token investors should consider in 2024.
Here’s why: In the ongoing 99Bitcoin presale, over $2.4 million has been raised.
This stellar performance shows that 99Bitcoins remains popular, being among the first crypto news outlets dedicated to crypto education.
The crypto news outlet will relaunch as a learn-to-earn (P2E) platform, rewarding users with 99BTC.
So far, 99BTC exists as an ERC-20 token, but later, not only will it relaunch as a BRC-20 token, but 99Bitcoins will launch a DEX.
As of July 17, 99BTC is available for just $0.00114. Those who buy can stake the 99BTC, receiving a 696% APY.
Analysts predict 99BTC will easily 100X on launch and throughout 2024, driven in part by the quality the platform offers and its popularity overall.
Stacks: Smart Contracts on Bitcoin
Stacks aims to not only scale Bitcoin but also introduce smart contracts.
As Bitcoin finds more adoption, more users will be keen to transfer capital but also tap into the network’s superior security while using smart contracts.
In mid-July 2024, STX is among the top 40 most valuable altcoins projects, adding 6% in 24 hours.
Those who got in early, buying in early 2024, are up 41X since STX was trading at just $0.0045.
Analysts are confident that the STX uptrend is in its early stage.
In the coming months, as the bull run picks up again, STX could soar higher, breaching $3.6 and recording all-time highs.
Conclusion
Admittedly, crypto is unpredictable. However, ORDI, 99BTC, and STX have convincingly demonstrated that they offer value and are here to stay. As the Bitcoin price rallies during this bull run, these altcoins will ride the trend, handsomely rewarding early adopters.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
