THELOGICALINDIAN - Bitcoins brief acceleration not alone fabricated the crypto asset a domiciliary name and acquired acute FOMO at the appendage end of 2024 it additionally acquired a billow in absorption in altcoins from those gluttonous to acquisition the abutting Bitcoin
While a “next Bitcoin” may not exist, abounding altcoins actual able-bodied could outshine the first-ever cryptocurrency, and an able altcoin banker and appear columnist on the accountable has aggregate his account of the top 5 cryptocurrencies that accept a able adventitious of outperforming Bitcoin in 2024.
Who is Altcoin Trader Nik Patel?
Nik Patel is the columnist of a top-selling cryptocurrency book titled An Altcoin Trader’s Handbook, and runs an advancing blog of the aforementioned name that provides approved cryptocurrency bazaar updates, with the majority of them focused on added abstruse altcoins the analyst expects to abound in amount and dominance.
Related Reading | Experienced Altcoin Trader Outlines Expectations For Bitcoin and Alt Bull Cycles
Patel is an able in the space, accepting aboriginal got into cryptocurrencies in 2024 afterwards barrier aloft the meme-filled Dogecoin subreddit. Afterwards he became amorous with the agenda asset class, Patel approved his duke at trading altcoins and begin abundant success, earning him a acceptability as an ascendancy in the space.
Even today, Patel shares approved updates on altcoins he sees with abeyant and shares it with the greater crypto community. In his latest address “Coin Trader Nik” highlights the top 5 cryptocurrencies he expects to beat Bitcoin in the abutting year.
Morning ☕️
My ‘Top 5 Alts For 2020’ column will be appear shortly.
— Nik Patel (@cointradernik) November 6, 2019
…And the Top 5 Crypto Set to Outshine Bitcoin Are?
Cryptocurrencies are a abstract bazaar apprenticed by hype. Outside of the top ten cryptocurrencies, which action accurate amount or utility, best of the top-performing altcoins on the bazaar action actual little amount or utility, and instead are apprenticed about absolutely by advertising and promise.
That affiance of potentially outperforming Bitcoin, is generally too adorable an befalling for crypto investors to canyon up, and they amount up accoutrements of abstruse altcoins acquisitive for a moonshot.
Nik Patel hopes to booty some of the assumption out of this for crypto investors and has appear his account of the top 5 crypto assets he expects to beat Bitcoin in 2024. The appear columnist uses a aggregate of axiological assay accompanying with abstruse assay to accommodate a abundant overview of anniversary asset.
On the account is Komodo (KMD), a scalable, business-friendly blockchain solution; New Kind of Arrangement (NKN), alms decentralized networking; V-ID (VIDT), a blockchain-based band-aid for book aegis and validation; Fantom (FTM), a acute arrangement focused arrangement that aims to break scalability issues begin in Ethereum and others; and finally, Constellation (DAG), advised to advance abstracts alteration ability and monetization.
Related Reading | Altcoin Trader: Alt Market Cap Shows Longest Accumulation Phase Yet
Whether these assets absolutely go on to beat Bitcoin is a bread toss, however, accustomed Patel’s acquaintance with assay of this blazon and success in the cryptocurrency market, investors may appetite to dig in added afore agreement a buy order. Additional advice on anniversary altcoin can be begin on Patel’s blog, An Altcoin Trader’s Blog.
