5 Cryptos That Could Make You Rich in 2024

The post 5 Cryptos That Could Make You Rich in 2024 appeared first on Coinpedia Fintech News

With the current surge in market enthusiasm, finding the right cryptocurrencies for potential wealth gains in 2024 is on many minds. This article delves into five cryptocurrencies that are showing the promise of significant returns. Each selection is backed by compelling reasons that might just position them for substantial success in the coming months. Dive in to explore these cryptocurrencies that could be key players in the flourishing bull run.

BlastUP Token Projected to Soar 1000% By Year’s End

BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted nearly 15,000 active users. 

The ongoing presale of BlastUP is a huge success, with more than $6 million raised so far. The token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year. 

BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. It is rapidly gaining traction for the benefit of all participants in this ecosystem.

It’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.

The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.

Solana’s Price Momentum: What’s Next for SOL?

Solana’s price has shown a strong performance over the past six months, soaring by 161.69%, and is currently fluctuating between $135.95 and $155.09. In the last week, it slightly increased by 1.95%, but slipped by 2.85% in the last month. With an RSI near 62, it suggests a healthy market activity without being overbought. The ongoing movement is more impulsive, looking ready to challenge the nearest resistance level at $166.73. If the momentum continues, we might see it approach the second resistance at $185.88. However, if the trend reverses, the nearest support at $128.43 could provide a cushion, with a second layer of support at $109.28. The coin’s overall trajectory appears positive.

Toncoin’s Price Potential: A Close Look

Toncoin shows positive dynamics as its price moves between $5.97 and $7.57. The recent week saw a sharp 21.81% increase, indicating an impulsive trend. Over the past six months, Toncoin has surged by 222.77%, a strong upward move. The current technical indicators suggest a positive momentum, with the coin trading between the 10-day and 100-day simple moving averages at $7.29 and $6.86, respectively. Resistance levels to watch are at $8.18 and $9.78, with support at $4.99 and $3.39. The rise is bolstered by a Relative Strength Index of 56.90, showing buyers are in control but not in the overbought territory. If this trend continues, the coin could test the first and second resistance levels soon.

Arbitrum Price Analysis and Future Outlook

Arbitrum (ARB) fluctuates between $0.94 and $1.09 lately, having retreated from higher levels lately. The coin has fallen 7.63% over the past week and dipped by 15.76% in the last month. Despite the six-month decrease of 8.18%, the price remains above the major support at $0.88. The market shows a slightly bearish sentiment with an RSI under 50, hinting at potential further pullbacks. However, current prices stay near the 10-day and 100-day averages, suggesting the possibility of a consolidating market. Resistance points at $1.18 and $1.33 pose challenges for growth. If the trend reverses, it could become an upward movement, otherwise, the coin could test lower support levels.

Starknet Crypto Price Movement and Forecast

Starknet (STRK) has seen a significant increase over the past six months with a change of 487.001%. Currently, the price is in a range between $1.11 and $1.35. Over one week, it has decreased by 13.45%, and over one month, it has fallen by 22.19%. The trend is showing downward pressure, with the price below the simple moving averages of the last 10 and 100 days, which are at $1.19 and $1.22, respectively. The RSI and Stochastic indicators suggest that Starknet is neither overbought nor oversold, with values of 44.57 and 46.16. The MACD level is slightly negative, hinting that the coin might be in a corrective phase. With resistance at $1.51 and support at $1.03, a break beyond these levels could dictate the next move for STRK.

Conclusion

In looking at cryptocurrencies like SOL, TON, ARB, and STRK, it’s clear that they may not offer significant returns in the short term. Instead, BlastUP stands out as having the highest potential looking forward. This project’s robust concept and its integration within the Blast ecosystem set it apart. Investors seeking opportunities in the current bull run should take a closer look at what BlastUP offers.