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3 Promising Altcoins for High Returns in the 2024 Crypto Surge

Looking for a high-return crypto? Look no further than the 2024 crypto best altcoin list, and discover promising altcoins that could offer an unusually high return here.

Indeed, 2024 is an anticipated bull run year, with a duality of factors set to induce upside price moves across the crypto market.

Firstly, the approval of spot Bitcoin ETFs by the Securities and Exchange Commission (SEC) earlier this month has opened the door to institutional demand for Bitcoin (demand side pressure).

This interacts with the secondary event, the Bitcoin halving in April 2024, which will see Bitcoin block rewards cut in half (inducing a supply shock in the market).

If you survived the 2022 bear market, these small dips shouldn’t phase you.

The 2024 #bullrun is inevitable.

— JAKE (@JakeGagain) January 19, 2024

With more demand than ever, and soon to be less supply than ever, it’s anticipated that a Bitcoin bull run could be initiated.

In this eventuality, altcoin markets could become super-charged as investors flock back into crypto markets as part of risk-on behavior stemming from the increasingly dovish tone from the Federal Reserve.

2024 Crypto: Promising Altcoins For High Returns in The Year Ahead

When looking at high return crypto, promising altcoins offer the strongest probability of skyrocketing returns due to superior market cap placement, which can promote higher growth in asset value.

To illustrate, to 3x a $1m market cap investment only involves a $2m capital inflow, whilst to 3x a $1bn market investment requires a comparatively huge $2bn capital inflow.

However, there is a delicate balance between low market caps and market position of the token – with the likelihood of a capital inflow dependent on market position, token popularity, and project credibility.

With that in mind, here are 3 of the best altcoins to make the most money in a 2024 crypto bull run.

Best Altcoin #3 – NEO

Nicknamed ‘Chinese-Ethereum’ due to the similar smart contract layer-1 offer as the 2nd largest cryptocurrency, NEO stands as one of the only fully-regulator approved cryptocurrencies in the Chinese crypto market.

Standing strong as one of the longest-standing blockchains (operating since 2014), NEO is a steady ship in a volatile space, however, recent months have seen growing excitement surrounding the announcement of EVM-compatible, MEV-proof sidechains via NEO’s native GAS token.

This positions NEO for major growth accrual amidst a duality of Chinese narrative trading and sidechain fever.

Best Altcoin #2 – RIO

With crypto markets turning bullish, savvy investors are scouting for potential breakout stories for the upcoming year. A key growth area in crypto is real-world assets (RWAs/Security Tokens). These tokens offer round-the-clock liquidity by transforming previously illiquid assets into tradable tokens.

A standout project in this sector is Realio’s RIO token. It seeks to tokenize global properties and real estate assets. RIO is already gaining traction among top crypto Twitter influencers, setting the stage for a significant RIO surge in 2024.

Best Altcoin #1 – OZK

OrdiZK (OZK), a small cap crypto, ranks number one with immense potential, fueled by the rising interest in BRC-20 tokens. This project introduced the first zero-knowledge proofs for BRC-20 and is gaining popularity as an anonymous bridge.

Amid growing community excitement, OrdiZK’s low market cap of $4.14m poses a significant opportunity for gains. It’s expected to surge as a Bitcoin beta play this year.

Matching half of Stacks’ (STX) $1BN market cap could yield a 240x return for early investors, underscoring this low cap gem’s tremendous potential.

High Return Crypto: Big Risk, Big Reward Play – Meme Kombat

Meet Meme Kombat, a trailblazing initiative that has seamlessly blended the memetic love of nostalgic gaming, and GambleFi, into a decentralized Web3 platform.

Yet, what makes Meme Kombat a unique opportunity is the ongoing presale status, which could unlock the highest available returns in crypto due to early-backer entry points.

The essence of Meme Kombat lies in its captivating arena where characters aiming to tap into deeply tribal crypto communities lock horns.

Players have the liberty to place their bets on these animated battles, predicting the outcomes and possibly reaping attractive rewards.

ICYMI:

Our artist is working overtime to complete the NFT collection by the end of January. Afterward, we’ll promptly handle the contracts, testing, configuration, and finally send out the NFTs.

Currently, we plan for a 2-part drop. The first round will be distributed to… pic.twitter.com/XqjpwzK45c

— Meme Kombat (@Meme_Kombat) January 24, 2024

Season 1 of the project promises 11 unique meme characters, ensuring plenty of action. Season 2 is already planned for December 2023. The project’s decentralized nature, along with the excitement of AI-driven battles, guarantees outcomes that are transparent yet unpredictable.

Meme Kombat Pits Meme Communities in High Octane Staking Battles

The project goes beyond excitement; it’s founded on trust. Meme Kombat’s dedication to transparency shows in their upcoming smart contract security audit.

The findings of this audit will soon be public, a move that many projects shy away from.

The founder and project lead, Matt Whiteman, isn’t an unknown entity in the crypto space.

His role as COO of North Technologies, and two decades in process design add credibility to Meme Kombat. Whiteman’s public profile and the Amsterdam address give extra trust in an era of project anonymity.

The tokenomics of Meme Kombat hold strong appeal for potential investors. You can stake the Meme Kombat ($MK) token, currently priced at an attractive $0.279, to enter a rewarding ecosystem.

This ecosystem offers a generous APY of 148%. Stakers benefit from passive income and have the unique opportunity to use their staked tokens for betting in the arena. This dual functionality, earning while gaming, distinguishes Meme Kombat.

Additionally, your engagement on the platform directly impacts your potential earnings. The more you participate, the more you can gain.

The rapidly growing GambleFi industry, with notable coins like Rollbit, sets the stage for Meme Kombat to capitalize on this market through its distinctive approach.

Merging memes, gaming, and blockchain, the platform offers a fresh perspective to the crypto community.

Meme Kombat offers a unique, unmissable opportunity for portfolio diversification. – (stay tuned with the MK Telegram).

Embrace the future of meme-based gaming and betting with Meme Kombat.

Buy MK Here

The post 3 Promising Altcoins for High Returns in the 2024 Crypto Surge appeared first on Cryptonews.

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