Date: Tue, July 31, 2024, 05:37 AM GMT
The third quarter of 2024 has brought a wave of excitement to the cryptocurrency market, with altcoins taking the spotlight. Following a consolidation phase, Bitcoin found its bottom at $53k and made a remarkable 30% push, setting the stage for several altcoins to experience significant price surges.
Here are the top 10 altcoins that have started this quarter with impressive returns:
1.Mantra (OM)
Mantra DAO is a decentralized autonomous organization focused on building a community-driven financial ecosystem. Its recent performance has captured the attention of many investors.
Current Price: $1.16
Marketcap: $967 Million
Returns This Month: +48.1%
2.Helium (HNT)
Helium aims to create a global, wireless network for Internet of Things (IoT) devices. Its strong returns this month reflect growing interest in its decentralized network.
Current Price: $4.83
Marketcap: $809 Million
Returns This Month: +39.6%
3.XRP (XRP)
XRP, the native cryptocurrency of the XRP Ledger, continues to be a major player in the blockchain space, showing substantial gains this month.
Current Price: $0.64
Marketcap: $35.8 Billion
Returns This Month: +34.8%
4.Jupiter (JUP)
Jupiter is a Solana-based decentralized exchange aggregator, optimizing swaps between supported tokens, and has seen notable price appreciation recently.
Current Price: $1.05
Marketcap: $1.41 Billion
Returns This Month: +27.7%
5.Solana (SOL)
Solana, known for its high-performance blockchain, continues to attract investors with its robust infrastructure and impressive returns.
Current Price: $179.25
Marketcap: $83 Billion
Returns This Month: +22.4%
6.Bittensor (TAO)
Bittensor powers a decentralized, blockchain-based machine learning network and has shown steady growth this month.
Current Price: $314.91
Marketcap: $2.24 Billion
Returns This Month: +15.7%
7.Stellar (XLM)
Stellar, a platform for faster and cheaper cross-border payments, has demonstrated consistent performance with its recent gains.
Current Price: $0.104
Marketcap: $3.05 Billion
Returns This Month: +13.6%
8.Bitcoin SV (BSV)
Bitcoin SV, a hard fork of Bitcoin Cash, continues to make its mark with a notable price increase this month.
Current Price: $51.04
Marketcap: $1.0 Billion
Returns This Month: +13.5%
9.Pyth Network (PYTH)
Pyth Network delivers high-quality financial market data to blockchain applications, attracting investor interest with its steady performance.
Current Price: $0.361
Marketcap: $1.30 Billion
Returns This Month: +11.6%
10.Aave (AAVE)
Aave, a decentralized finance (DeFi) protocol for lending and borrowing, continues to be a strong contender with its reliable returns.
Current Price: $105.28
Marketcap: $1.56 Billion
Returns This Month: +8.67%
While the current bullish trend is encouraging, it’s essential to approach the market with caution. Cryptocurrencies are inherently volatile, and price fluctuations can occur rapidly. Investors should conduct thorough research and consider diversifying their portfolios to manage risk effectively.