Altcoin Outlook for 2024

Altcoins are more prone to price fluctuations than Bitcoin. Recently, we have seen many stocks experiencing significant price increases due to the expansion of their use in the real world and the Web 3.0 field, as well as trends in AI.

Here we will list some altcoins that are worth paying attention to right now.

The current state of altcoins

Other altcoins, including major brands, are also currently performing well, influenced by the spot Bitcoin ETF and the major upgrade of Ethereum.

The cryptocurrency market has always seen a tendency for funds to flow in the following order: Bitcoin → Ethereum → other altcoins.

In particular, cryptocurrencies known as "meme coins" have often recorded higher rates of increase than other altcoins.

Such price increases in cryptocurrencies can be considered a symbol of a bubble. However, meme coins are often seen as typical speculative targets and tend to be very volatile, so caution is required when investing funds.