It’s getting clearer that the crypto bear run is coming to an end. Bitcoin (BTC) is now trading above $6400, and seems to be gaining momentum every day. It seems to be entering the disbelief stage of the market cycle and if it crosses $7k with high volumes, optimism could set in, as investors rush to take positions. As with all the other bull cycles, a sustained Bitcoin (BTC) rally will see altcoins begin to gain bullish momentum too. This means that current prices are good to start taking positions in high potential altcoins that could easily rally by thousands of percentages in a bull rally. Here are 3 altcoins that could have an exciting future ahead as bulls take charge.
Stellar (XLM), like all other cryptos, took a beating during the 2018 bear market. However, this didn’t stop technical developments on the project. With developments like project slingshot, stellar has become one the most practical cryptos in the market for payments. It has also gained adoption by major organizations like IBM, who’s banking solution, the blockchain world wire runs on the stellar blockchain. However, the biggest pointer to Stellar’s huge intrinsic value is the fact that Interstellar is working on something big. The interstellar website hints that they are working on a mobile payment app that could revolutionize payments. Considering all the technical and financial resources at their disposal, Interstellar could easily revolutionize payments. This makes Stellar (XLM) an exciting project to keep an eye on, now that bulls are taking control of the market, after more than a year in the red.
Cardano (ADA) is another interesting project that is worth keeping an eye on, as bulls return. Unlike in 2017, Cardano has made tremendous progress in terms of technical development. Charles Hoskinson has already assured the community that Shelley will be released this year. Cardano is also gaining visibility in the developing world as the platform for financial solutions. Cardano staking is also coming up soon. These were all part of the anticipated developments that helped push Cardano from a few cents to over $1.5 in 2017. In essence, now that Cardano has achieved or is close to achieving most of them, its next bull run could be epic. It could easily rise to double-digit valuations within a very short time.
This is another project that has the potential to make huge gains in the coming Bull Run. Digibyte (DGB) may have dropped in market cap rankings, but is has achieved so much in terms of technical development. Even in the depths of the bear market in 2018, some of Digibyte (DGB)’s core features were gaining adoption. For instance, Digibyte’s DigiID has seen impressive adoption, and can now be used to log into any websites. With such huge potential, and heavily depressed prices, Digibyte (DGB) could experience a massive increase in value if altcoins begin to rally. It is an interesting crypto with some very strong fundamentals. In a bull market, it will attract not just value investors, but those seeking quick gains as well, further adding fuel to the bull rally.