5 Altcoins Have a Chance to Rise 1000% when Bitcoin Falls? This is the Altcoin List

Bittime – The price of Bitcoin,digital currency, has just experienced a significant drop. Losses of $661 million in a day sentcryptointo turmoil.

These events turned attention to altcoins , alternative crypto assets whose potential has not yet been fully exposed.

The next crypto wave may be driven by major players who have the potential for price increases of up to 1000%, signaling a shift in the crypto landscape.

Another Promising Altcoin Series

The following is a list of altcoins that have the potential to experience explosive growth with a predicted increase of up to 1000%.

1. Step App (FITFI)

Imagine a world where your daily run or walk not only improves your health but also your virtual wallet. 

With the Step App, your regular jogging can earn you $5 to $50 per session! As a pioneer in the FitFi (fitness and finance) space, Step smartly combines physical fitness with financial intelligence, catering to health enthusiasts and crypto enthusiasts.

Regardless of your experience with Web3, managing your income in Step App is easy. For those looking to increase their earnings, there are paid subscriptions to amplify rewards and personalize the in-app experience.

The magic in Step App lies in the FITFI and KCAL tokens. Both have the potential to increase in value over time thanks to Step's active, competitive and always innovating community. 

Whether to upgrade your gym equipment with KCAL or unlock exclusive features with FITFI, these tokens are ready to enrich your fitness journey. 

In 2024, Step is set to unveil even more exciting features and airdrops, ensuring its community and token value continues to grow.

Check Today's Crypto Market:

2. Avalanche (AVAX)

Avalanche's new community-driven governance model has the potential to attract more investors, driving AVAX price growth.

Supportive technical indicators such as MACD and 10-day and 100-day SMA are signaling bullish. However, be aware of the risk of price correction if a negative trend envelops the market.

Here are some reasons why AVAX is sought after by investors:

• High Scalability

One of the key features of Avalanche is its ability to handle thousands of transactions per second (TPS), which makes it one of the most scalable blockchain protocols on the market. This is important due to the increasing demand for blockchain platforms that can handle high transaction volumes without sacrificing performance or security.

• Low Transaction Fees

Avalanche offers relatively low transaction fees, which makes it attractive to users and application developers. Low transaction fees allow users to make transactions at affordable costs, while application developers can build and implement applications without worrying about too many transaction fees.

• Ease of Use

Avalanche was designed with a focus on good user experience. This protocol provides easy-to-use tools and infrastructure for users and developers, making it easy to adopt and use by a wide range of users.

• Customization

Avalanche provides great flexibility in terms of customization. The protocol allows developers to create their own blockchains and applications with customizable consensus rules, enabling adoption by a wide variety of applications and use cases.

• Thriving Ecosystem

Avalanche has built a thriving ecosystem, with a wide variety of projects, applications, and initiatives built on top of it. This creates an attractive investment opportunity for investors, as there are many crypto projects and assets to consider for their portfolio.

• Strategic Partnership

Avalanche has entered into various strategic partnerships with large corporations, financial institutions, and other crypto projects. Such a partnership could open the door to wider adoption and expanded use of Avalanche, which in turn could drive the price of AVAX.

• Increased Institutional Interest

Interest from financial institutions or large companies in Avalanche could provide an additional boost to the price of AVAX. Institutional adoption could open the door to massive investment into the project, which could trigger price increases.

Also Read: Popcat: Airdrops, Meme Coins, and the Future of Crypto

3. Polkadot (DOT)

The adoption of Polkadot technology in the gaming sector provides promising prospects for its price. Increased interest from the gaming sector may increase the bullish movement, despite indicators giving sell signals. Long-term integration with Web3 has the potential to drive DOT demand and prices.

Factors influencing the growth of DOT (Polkadot) crypto include several things that are important in its ecosystem. Here are some factors that influence DOT growth.

• Technology Adoption

DOT growth can be influenced by the adoption rate of Polkadot technology. The more projects and applications that choose to build on the Polkadot network, the greater the demand for DOT. Strong adoption from developers and applications can drive the growth of the Polkadot ecosystem.

• Ecosystem Development

The growth of the Polkadot ecosystem is also an important factor. The more projects, applications, and initiatives built on Polkadot, the greater the opportunity for DOT to grow. The development of a diverse ecosystem can create stable demand for DOT.

• Partnership and Integration

Partnerships with large companies, other crypto projects, and financial institutions could expand the use of Polkadot and increase demand for DOT. Integration with other platforms or leading projects can also expand DOT use cases.

Also Read How to Buy Crypto:

4. Chainlink (LINK)

Chainlink (LINK)'s recent integration with WeMade could add to its price upward momentum. However, short-term price movements will still face resistance. Long-term indicators give bullish signals, but caution remains necessary.

Factors influencing Chainlink (LINK) crypto price growth include:

• Market Sentiment

General market sentiment, including news, investor opinions, and overall crypto market trends, can also influence the price of LINK. Good news about Chainlink, or positive trends in the crypto market as a whole, can drive prices up, while negative news or market turmoil can depress prices.

• Influence of Social Media

Community perceptions and views on social media platforms can also influence LINK prices. Positive discussions or recommendations from well-known figures in the crypto industry can increase interest from investors and users, which can drive prices up.

• Partnership and Integration

Partnerships with large projects or integration with leading blockchain platforms can also influence LINK's price. Such a partnership could open the door to wider adoption and increase demand for LINK.

• Regulatory Development

Regulatory factors may also influence LINK prices. Policies that support the growth and adoption of blockchain technology, as well as low regulatory uncertainty, can create a favorable environment for LINK price growth.

Also Read: Solana Soars, Leading Cryptocurrency Market Recovery

5. Solana (SOL)

Several technical indicators suggest a potential long-term bullish move for Solana. However, other indicators provide short-term sell signals.

Market volatility is a major concern, so investors must be careful in making trading decisions.

Solana (SOL) crypto price increases can be influenced by several specific factors unique to this project. The following are several factors that can influence the increase in SOL prices.

• High Scalability

Solana has been known for its highly scalable capabilities, with the ability to handle thousands of transactions per second (TPS). This differentiates it from many other blockchain projects that may suffer from scalability issues. The ability to handle large workloads could attract interest from developers and applications that require high levels of throughput, which in turn could lead to increased demand for SOL.

• Low Transaction Fees

Solana has relatively low and fast transaction fees, which makes it attractive to users and application developers. Low transaction fees and good user experience can encourage wider adoption, which can have a positive impact on the price of SOL.

• Thriving Ecosystem

Solana has developed a thriving ecosystem, with various projects, applications, and initiatives built on top of it. Strong ecosystem growth can create stable demand and increase interest from investors and users, which can drive the price of SOL.

• Strategic Partnership

Partnerships with large companies, financial institutions, or other crypto projects could provide a significant boost to Solana. Such partnerships could expand the use and adoption of Solana, which could drive the price up.

• Technological Innovation

Progress in Solana's technological development, including performance improvements, new features, and integration with other projects, may attract interest and confidence from investors and users, which may contribute to an increase in the price of SOL.

• Market and Investor Sentiment

Positive sentiment from the market and investors towards Solana can drive the price up. Good news about a project, positive trends in the crypto market as a whole, or endorsements from well-known figures in the crypto industry can influence market sentiment.

• Staking Security and Delegation

Solana uses a proof-of-stake (PoS) consensus model, which allows SOL holders to earn returns by staking. The level of network security and participation in staking can influence investor confidence and the price of SOL.

• Institutional Adoption

Interest from financial institutions or large corporations in Solana could provide a significant boost to the price of SOL. Institutional adoption could open the door to massive investment into the project, which could trigger price increases.

Also Read: What is Netvrk (NETVR)? Blockchain for Virtual Experiences

Conclusion

With Bitcoin's significant decline, altcoins with explosive growth potential are in the spotlight. 

This article highlights Step App (FITFI), Avalanche (AVAX), Polkadot (DOT), Chainlink (LINK), and Solana (SOL) as major players in the next crypto wave. 

They offer diverse investment opportunities for savvy investors looking for significant returns. 

However, it is important to remember that crypto investments always involve risks. Study research and analysis before making an investment decision.

How to Buy Solana (SOL) on Bittime

You can buy and sell Solana (SOL) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

Solana (SOL) is available on Bittime with the market pair SOL/IDR . To be able to buy SOL IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete guide on how to buy Solana (SOL) on Bittime . 

Monitor price chart movements for Solana (SOL) , Bitcoin (BTC), Ethereum (ETH) , and other cryptos to find out today's crypto market trends in real-time on Bittime.

 

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DISCLAIMER : This article is for informational purposes only and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.