Altcoins are surging at incredible rates as we near the end of 2024. Bitcoin’s dominance continues to decline after recently reaching its peak, and we are seeing an influx into smaller projects. Numerous large-cap altcoins have witnessed incredible gains as investors shift their focus in preparation for the altcoin season.
The altcoin market has seen a resurgence as investors search for the next profit-making machine. While Bitcoin (BTC) continues to trade around the $96,600 range, altcoins, such as Ripple (XRP) and Stellar (XLM), recorded triple-digit gains over the past month.
Join us as we explore the altcoin market and investigate the hottest projects expected to rocket in 2025.
Stellar (XLM) Gains Over 460% in 30-Day Charts
Stellar (XLM) made headlines in recent weeks for its massive gains. Over the past 30 days, XLM gained nearly 470%, currently trading at $0.52.
The Stellar network is similar to the Ripple (XRP) network - a decentralised payment platform and cryptocurrency that facilitates quick and low-cost cross-border payments, promoting financial inclusion for individuals and businesses globally. The Stellar network was created to support digital representations of any currency but has its native token called Lumens (XLM). Developed as a fork of the Ripple protocol, Stellar aims to create a global network connecting financial institutions, payment processors, and individual users, making cross-border money transfer easier and providing access to essential financial services.
XLM, in conjunction with XRP, is expected to play a significant role in the new global financial system. XRP is uniquely designed to optimize institutional liquidity for cross-border transactions, while XLM’s infrastructure, on the other hand, was built to facilitate peer-to-peer transactions and retail-level remittances efficiently. Financial experts envision a two-tiered monetary framework using XRP and XLM at different levels for specific purposes.
Algorand (ALGO) Gains Nearly 50%
Algorand (ALGO) is a self-sustaining, decentralized blockchain network that supports a wide array of applications. The platform was built to process many transactions at higher speeds and lower costs, and it is one of Ethereum’s biggest competitors. The platform’s native currency, ALGO, secures the Algorand blockchain and is used to pay the processing fees for Algorand-based transactions.
ALGO recently caught the attention of investors, resulting in a 288% surge in value over the last month. The project is one of the top altcoins, gaining nearly 50% in the past week alone to trade at $0.48.
Shiba Inu (SHIB)
Shiba Inu (SHIB) is one of the top-selling memecoins with a market cap exceeding $15.7 billion. The decentralized community-led token and its reputation as the “Dogecoin Killer” has yielded impressive rewards in the past year, gaining over 225%. SHIB is one of the biggest Solana-based memecoins, which quickly rose to fame in the crypto industry and has since become a household name. SHIB, launched in 2020, is currently the 13th largest crypto by market cap and the second biggest memecoin after Dogecoin (DOGE). SHIB surged in popularity thanks to its dedicated community of investors, its charm, and the support of industry giants such as Ethereum co-founder Vitalik Buterin and Tesla CEO Elon Musk. SHIB gained over 45% over the past month and is expected to be one of the most significant gaining altcoins in the next bull run.
Husky Inu (HINU) to Thrive in 2025
With renewed optimism and interest in the crypto market since Donald Trump’s election win, crypto projects are expected to surge as the president-elect plans to implement pro-crypto policy.
Husky Inu (HINU), the latest memecoin sensation from the Solana network, will surely reap the rewards of industry news. Husky Inu recently launched the presale of its native token, HINU, with tremendous success, and the two are on a mission to conquer the memecoin industry through a robust and supportive community with innovative features and enhanced rewards.
Since going live, the presale has generated over $588,000, with numbers expected to rise rapidly as the crypto market explodes. Husky Inu is working on some exciting things, including an Earn App and a Decentralized Exchange. The Earn App will reward users with HINU tokens for engaging with the project, and the Decentralized Exchange will facilitate decentralized trading to improve utility and value for HINU holders. Husky Inu boasts several unique features that set it apart from traditional investment opportunities, including a capped token supply, a deflationary mechanism, speedy transactions, and charity voting.
Husky Inu is close to hitting its fundraising target, so investors are urged to hurry before missing the opportunity to take a stake in this exciting project.
Visit the following links for more information on Husky Inu:
Website: Husky Inu Official Website
Twitter: Husky Inu Twitter
Telegram: Husky Inu Telegram
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
