Top 2024 Altcoins for Big Gains: AVAX, BCH, and LNEX
As 2024 comes to a close, the search for the next crypto giants continues. Experts are focusing on a few altcoins that are expected to generate significant gains in the near future. Among the most exciting picks are Avalanche (AVAX), Bitcoin Cash (BCH), and Lunex Network (LNEX).
Analysts predict that these altcoins will dominate the market in the coming weeks. Notably, Lunex Network has already started making significant moves, doubling in value while raising over $1.2 million in the fourth stage of its cryptocurrency ICO.
Bitcoin Cash (BCH) Price Forecast for 2024
After hitting a high of $450 in July, Bitcoin Cash (BCH) has been consolidating within a tight price range. According to CoinMarketCap, BCH has fluctuated between $280 and $400.
Experts believe BCH could reach new levels once it breaks out of this range. Crypto analyst CW8900 recently predicted that Bitcoin Cash could rise to $440 in the coming weeks. To do so, BCH must surpass resistance in the $388-$398 region.
Another analyst, Quang, shared a chart on X predicting that Bitcoin Cash could surge to $550 soon. Currently, the Fear & Greed Index for BCH stands at 72 (greed), signaling strong investor interest, which could drive the price above $400 by November.
Avalanche (AVAX) Sees Transaction Count Quadruple
In recent developments, Joshua Frank, CEO of The Tie, posted a chart on X showing a 4x increase in Avalanche (AVAX) transactions over the past week, rising to 6 million while Bitcoin and Ethereum transactions have remained around 1 million.
Avalanche’s Fear & Greed Index also stands at 72. On a monthly timeframe, AVAX has traded between $24 and $31, according to CoinMarketCap. Analysts are optimistic about AVAX’s potential, with VegetaCrypto1 forecasting a rally to $147 soon.
KazTheShadow, another expert, predicts that Avalanche could reach $84.92 in the next few weeks if it stays above the bullish trend line, with no significant barriers in its path.
Why Investors Are Banking on Lunex Network (LNEX) for Huge Returns
Lunex Network (LNEX), though a newcomer to the DeFi space, offers users access to over 50,000 cryptocurrencies across different blockchains. It simplifies cross-chain activities such as storage, swapping, staking, and trading, all with low fees, helping users retain more value.
What sets Lunex Network apart is its focus on privacy. Unlike centralized exchanges (CEXs), LNEX does not require users to complete KYC verification procedures. Additionally, the platform employs a non-custodial model, allowing users to retain control of their private keys and funds, making it a popular choice among privacy-conscious traders.
LNEX has already attracted significant attention from investors, raising over $1.2 million during its presale. Currently priced at $0.0017, the $LNEX token is expected to surge to $0.1 by the end of the year.
Best Altcoins to Buy for Profits in 2024
- Avalanche (AVAX) – Poised for significant gains as transaction volumes rise.
- Bitcoin Cash (BCH) – Analysts predict a potential breakout with price targets as high as $550.
- Lunex Network (LNEX) – Offers privacy, low fees, and high control, with its token expected to skyrocket in value.
If you’re looking for high-profit opportunities in 2024, these altcoins are definitely worth watching. Smart investors are already capitalizing on the potential gains, and the revenue opportunities are clear.
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