As predicted, the crypto industry is expected to experience a strong bullish run in 2024, with the majority of analysts forecasting that assets will reach new all-time highs. This trend has investors eagerly anticipating the opportunity to capitalize on cryptocurrencies that offer the potential for substantial returns.
The recent social media post by a crypto analyst known pseudonymously as Emperor Osmo provided a list of the best cryptocurrencies to invest in for 2024, covering various trends and market niches.
Expert Shares Ultimate Crypto Portfolio Guide
The analyst’s crypto recommendations for 2024 were based on an analysis by CryptoKoryo Research on the Dune Analytics platform. Each recommendation was categorized on an investing risk curve depending on the overall sentiment of market participants.
To build the ultimate crypto portfolio for 2024, it is essential to select a mix of assets across the risk curves. More established blue chip cryptos provide stability and steady gains, while higher-risk assets have the potential for substantial returns.
Recommendations on the left curve predominantly included attention-grabbing cryptocurrencies such as BONK, COQ, CTXC, and PYR, which saw astounding price surges in the last quarter of the year, largely driven by hype among investors. According to CryptoKoryo, these five cryptocurrencies made an increase of 1,571% in the past three months. Their potential for reaching new highs is particularly high in the first quarter of 2024.
Here’s your portfolio guide to make it in 2024. 📊
** Left Curve**
– $BONK
– $COQ
– $CTXC
– $PYR** Mid Curve**
– $AVAX
– $BCB
– $STEAK
– $GNX
– $ILV
– $KUJI
– $METIS
– $MPL
– $ORAI
– $PYR
– $SOL** Right Curve**
– $INST
– $JOE
– $LINK
– $METIS
– $ORAI
– $SKL
– $SOL… pic.twitter.com/6ZsyjT4EuE— Emperor Osmo🧪 (@Flowslikeosmo) January 1, 2024
Total market cap at $1.7 trillion | Source: Crypto Total Market Cap on Tradingview.com
The mid-curve portfolio assets, such as AVAX, BCB, STEAK, GNX, ILV, KUJI, METIS, MPL, ORAI, and SOL, experienced a moderate price surge throughout 2023, with an increase of 260% in the past three months. These cryptocurrencies are considered to be less volatile and relatively safe investments in comparison to those on the left curve.
On the other hand, the right curve consists of very stable assets with a higher potential for stable price growth in 2024. Cryptocurrencies like INST, JOE, LINK, METIS, ORAI, SKL, and SOL showed a combined 253% performance in the past three months.
Source: X
The left and middle curve cryptocurrencies are more volatile, with a higher chance of dumping, while the right curve cryptocurrencies have a proven track record and are projected to continue growing in 2024.
It is important to note that all investments carry risks, and individuals are advised to conduct their own research before making any investment decisions.
Featured image from StormGain, chart from Tradingview.com
Disclaimer: The article is provided for educational purposes only and does not represent the opinions of NewsBTC on whether to buy, sell, or hold any investments. Investing carries inherent risks, and individuals should use information provided on this website entirely at their own risk.
