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COINTURK NEWS > Cryptocurrency News > Three Altcoins That Could Shine in the Next Bull Season
Cryptocurrency News

Three Altcoins That Could Shine in the Next Bull Season

In Brief

  • Analyst Ivan Zhelev identifies three altcoins that could shine in the next bull season.

  • Cronos (CRO) offers versatile benefits and is positioned as an attractive option for investors.

  • Shiba Inu (SHIB) and VeChain (VET) show potential for growth and increased market interest.
COINTURK NEWS
COINTURK NEWS 3 years ago
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As preparations are being made for a new bull season in the cryptocurrency world, recommendations for altcoins continue to emerge. In such an atmosphere where creating a basket is not easy, the emphasis on cryptocurrencies below $0.1 is also intriguing. Analyst Ivan Zhelev has identified three altcoins that could be the stars of the next bull season.

Contents
Altcoin Cronos (CRO) is an Attractive OptionIncreasing Market Interest for Shiba InuAltcoin VET: A New Candidate for Growth

Altcoin Cronos (CRO) is an Attractive Option

Cronos (CRO) emerges as an attractive option among affordable cryptocurrencies, serving as a native token on the decentralized Cronos Blockchain developed by Crypto.com. Its versatile benefits within the Cronos ecosystem include facilitating transaction fee payments, participating in staking for rewards, and joining decentralized finance (DeFi) applications.

Currently priced at $0.091401, CRO witnessed a significant increase of 47.38% last month, reaching a market value of $2.2 billion and a 24-hour trading volume of $12.1 million. The circulating supply of CRO is 25.2 billion, while the total supply is 30.2 billion. According to the analyst, Cronos (CRO) positions itself as an attractive option for investors seeking affordable yet multifunctional cryptocurrencies.

Increasing Market Interest for Shiba Inu

Shiba Inu (SHIB), after reaching a record-breaking 5.1 million transactions with a remarkable increase of 4,400% in transactions within the last 24 hours on the Layer 2 solution Shibarium, has come into the spotlight again. This increase coincided with a 1.3% increase in the value of SHIB. Shiba Inu is currently at $0.00000839.

SHIB positioned itself as the 18th largest cryptocurrency, contributing to a market value of $4.9 billion. When combined with increased activity in Shibarium, positive price movements, and significant trading volume, this indicates a potential recovery and subsequent price increase.

Altcoin VET: A New Candidate for Growth

VeChain (VET) offers an affordable investment option at a price of $0.0193, focusing on supply chain solutions and environmental initiatives. VET, which operates as the native token for smart contract agreements on the VeChain network, has a 24-hour trading volume of $36.8 million. Additionally, VET has a market value of $1.65 billion.

With a circulating supply of 72.7 billion tokens and a total supply of 85.9 billion, VeChain has increased its reliability and future growth potential by partnering with major global organizations such as Kuehne & Nagel and PriceWaterhouseCoopers.

You can follow our news on X, Telegram, Facebook & 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.

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COINTURK NEWS 3 December, 2023 - 11:04 am 3 December, 2023 - 3:08 am
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