Following a brutal bear marketplace for most of 2022 and 2023, the crypto trade lastly seems to be gaining its footing once more in early 2024. Bitcoin and choose altcoins have managed to climb again towards their former all-time worth highs, signaling a possible change of fortunes after a protracted crypto winter.
With constructive sentiment returning to the market and patrons regaining confidence, March might show a momentous month if the next 5 cryptocurrencies handle to realize new all-time highs.
Ethereum Eyes $5,000+
As the second-largest cryptocurrency, Ethereum has neared its former peak of $4,891 twice since November 2021 however failed on each makes an attempt.
Currently nonetheless about 22% away from that prime, ETH might lastly be able to set new information above $5,000 contemplating the anticipation of the ETH ETF and the awaited Ethereum upgrades.
Shiba Inu Eyes $0.0001
Shiba Inu took the crypto world by storm in late 2021 when it rocketed up over 75,000,000% in a yr to achieve its present document of $0.000088.
Since then, the meme coin has shed over 57% of its worth. However, the current rally and renewed meme coin optimism might push SHIB above its outdated all-time excessive and delete one other zero.
Dogecoin Needs Elon Musk Magic
Another meme cryptocurrency, Dogecoin, reached a peak of $0.73 in early 2021, largely as a result of continuous promotion of Tesla CEO Elon Musk. Doge stays down 77% from these ranges. Musk buying X and the potential to combine DOGE funds on the platform might ship the unique meme coin howling on the moon as soon as extra.
Polygon Pursues $3
Boasting sturdy fundamentals and an array of blue-chip partnerships, Polygon (MATIC) seems an unlikely breakout candidate to recapture its $2.92 document. Polygon’s ecosystem for scaling Ethereum continues to develop at a breakneck tempo. As exercise on the community surges, MATIC might trip the wave again up past $3.
Theta Network Seeks $16
Theta Network operates an AI-powered revolutionary peer-to-peer streaming and edge computing community that powers esports, music, leisure, and extra.
Back above $3, Theta would want a 5x to hit its former high. But with NFT video streaming gaining recognition and Theta launching key updates like TNT-20 tokens, getting into uncharted highs appears distinctly attainable. With the AI narrative pushing AI cryptocurrencies greater, THETA might hit new all-time highs.
