COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: The Cryptocurrency Market Continues to Offer Investment Opportunities
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > The Cryptocurrency Market Continues to Offer Investment Opportunities
Altcoin News

The Cryptocurrency Market Continues to Offer Investment Opportunities

In Brief

  • Despite high prices, affordable crypto options are still available.

  • NEAR Protocol and Internet Computer are notable rising altcoins.

  • Optimism network's growth suggests more potential for investment.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

The cryptocurrency market, led by Bitcoin (BTC), has recovered significantly and continues to offer investment opportunities. Despite the high unit prices of cryptocurrencies like Bitcoin, which are thought to be out of reach for most investors, there are still many affordable options in the market. With the upcoming week, investors can find significant opportunities in altcoins under $10 with great potential.

Contents
NEAR Protocol (NEAR)Internet Computer (ICP)Optimism (OP)

NEAR Protocol (NEAR)

NEAR Protocol, a platform that offers a scalable and developer-friendly environment for decentralized applications (dApps), has been one of the standout altcoins in the past week. NEAR, in particular, recorded double-digit gains in the weekly timeframe, and on-chain metrics suggest that these gains could be sustainable in the days to come.

For example, the number of active daily wallet addresses on the network increased by 975% from 93,000 to over a million between December 1 and December 19. Concurrently, the total number of daily transactions on the network has increased by 170% since December 3. Additionally, other on-chain data from Santiment shows that the altcoin is being discussed more on social media platforms, which could trigger a FOMO-fueled rise in NEAR.

Market observers expect NEAR to reach $4 by the end of the year due to increasing buying pressure. When looking at recent price trends, NEAR stands out as an altcoin with significant potential in every aspect.

Internet Computer (ICP)

Internet Computer (ICP) has been a prominent player in the cryptocurrency market lately. Although the price of ICP has dropped in the short term, the altcoin is still trading with approximately 100% gains in the monthly timeframe. While the exact trigger for ICP’s rise is unknown, strategic partnerships made by the network could have contributed to this increase.

During the same period, the Internet Computer Foundation (ICP) introduced the first European subnet providing GDPR-compliant infrastructure for dApps. Internet Computer, a decentralized cloud 3.0 protocol, grants developers the authority to create services and corporate systems on a scalable public blockchain that are protected against external interference.

Especially with the recent gains, speculations about ICP’s next destination have increased. In this context, cryptocurrency analyst World of Charts expects ICP to rise towards the resistance level of $17.5 with its next move.

Optimism (OP)

Optimism (OP) is also one of the trending altcoins in recent days. Moving in line with the general market trend, OP has made a significant rise, reaching critical milestones in on-chain metrics. The recent price increase coincided with a significant increase in the number of wallet addresses on the Optimism network. As of December 21, Optimism saw a 391% increase in the number of wallet addresses with a balance greater than zero since January.

Considering the continuous fulfillment of its primary purpose of serving as a medium for processing transaction fees, it is worth noting that Optimism has more growth potential. The Optimism network is distinguished by its speed, stability, and scalability, offering a Layer 2 network solution developed specifically for the Ethereum community by Ethereum developers.

There is optimism for a positive outlook for Optimism in the coming days, making it an altcoin with significant potential that should be considered. At this point, Lisk’s (LSK) collaboration with Optimism enhances this positive view. The collaboration will enable Lisk to transition from Layer 1 to the Ethereum Layer 2 solution. In this transition, Lisk aims to transfer its LSK token to the Ethereum platform. Lisk is known for providing developers with various development tools and simplifying the process of creating blockchain applications with its SDK.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Crypto Boom: Bitcoin Surges Amid Dramatic Market Shifts

Ethereum Outshines Bitcoin with Impressive Surge

Ethereum Boosts Altcoin Surge with Significant Rally

Sei Network Simplifies Crypto Infrastructure with Ethereum Focus

Tron Nears Critical Resistance Zone with Promising Signs

COINTURK NEWS 23 December, 2023 - 6:16 pm 23 December, 2023 - 6:16 pm
Share This Article
Facebook Twitter
Share
Previous Article Genuine Labs Extends Support to Terra Luna Classic Community
Next Article 2024: A Pivotal Year for Bitcoin’s Ascent
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin Climbs Over Ichimoku: Will Other Cryptos Follow its Lead?
Bitcoin (BTC) Cryptocurrency News
Bitcoin Surges to New Highs as Institutional Interest Intensifies
Cryptocurrency News
Crypto Analyst Warns of Short-Term Correction in Ethereum and Solana
Ethereum (ETH)
Binance Spurs a Twist as Doodles Token Value Dips
Binance
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?