Cryptocurrencies are carving distinct paths as market trends shift between profit-taking and innovation-led growth. December 2024 highlights a mix of resilience and forward momentum in the market. However, identifying the best altcoins requires more than just market tracking—it demands a closer look at the innovations driving each network.
From BlockDAG’s (BDAG) cutting-edge scalability to Aptos’ (APT) stablecoin innovation, Bitcoin Cash’s (BCH) renewed momentum, Ethereum’s rising institutional adoption, and Cardano’s (ADA) steady market corrections—here are the 5 best cryptos to watch in December 2024!
BlockDAG: Scalable Tech and Profitable Bonuses
BlockDAG (BDAG) is rewriting blockchain scalability with its DAG-based architecture, merging blockchain’s security and decentralization with DAG’s high-speed transaction processing.
This design allows BlockDAG to handle a significantly higher volume of transactions, even during peak usage, while maintaining resilience against congestion. Its parallel processing capability ensures adaptability to growing demand, positioning it for mainstream adoption and long-term sustainability. For instance, in real-world applications, BlockDAG’s scalability supports seamless financial systems, enabling instant cross-border payments without network crashes.
This robust foundation has fueled crypto enthusiasts’ confidence in BlockDAG, contributing to its remarkable presale journey. Currently priced at $0.0234 in Batch 26, BDAG reveals a 2240% increase since its first batch. To date, the network has raised over $164 million in presale revenue with more than 17 billion coins sold.
Analysts predict that BlockDAG’s strong fundamentals coupled with a significant presale hike, could yield up to 30,000x ROI for early holders, making it one of the best cryptos to watch in December 2024.
2. Aptos: $15 Coin Price Achieved & New Innovations Incoming
Aptos (APT) has gained momentum as one of the best cryptos to watch in December 2024, with its price rising from $9.6 in late November to $15 recently, pushing its market cap near $8 billion.
While still below its 2021 peak of $20, the Aptos team plans for extensive advances, including parallel transaction processing and on-chain randomness, enabling scalable infrastructure for billions of transactions. These features can support diverse use cases, such as prediction markets and integrated payment systems for loyalty programs.
3. Bitcoin Cash: Reaching New Heights with $12.9B Market Cap
Bitcoin Cash (BCH), a prominent Bitcoin spinoff, is experiencing renewed attention as it recovers to $600 with a market cap of $12.9 billion. With its scalable transaction model and focus on fast, low-cost payments, BCH remains a key player in the blockchain ecosystem.
Analysts speculate it could reach $1,000, requiring a 1.5x increase in price and market cap beyond $19 billion. Optimism surrounding Bitcoin’s potential six-figure rise may drive a spillover effect, benefiting BCH as a faster, cheaper alternative.
4. Cardano: Market Dip Followed by Modest Recovery
Cardano experienced a steep 16% drop recently, briefly reaching $0.91 before closing at $1, marking its largest single-day decline since 2021. On December 10, 2024, ADA saw a slight recovery, rising 1.3% to $1.02.
This decline reduced Cardano’s market capitalization to $35.6 billion, ranking it ninth among cryptocurrencies. The drop reflects market profit-taking and broader dynamics, with ADA showing signs of exhaustion. The Relative Strength Index (RSI) exiting overbought territory signals a cooling phase for the asset.
5. Ethereum: ETF Inflows Signal Growing Bullish Trend
Ethereum (ETH) saw a 10% drop on Monday as profit-taking reached $2.5 billion, triggering a two-year high in futures liquidations. Despite this, Ethereum ETFs posted a record $836.8 million net inflow last week, led by BlackRock’s ETHA, which contributed $573 million.
Total ETF inflows surpassed $1.4 billion, reflecting growing institutional interest. Additionally, over 256K ETH was withdrawn from exchanges, signaling bullish sentiment as reserves decreased. Due to its strong fundamentals, Ethereum remains among the best cryptos to watch in December 2024.
Summing Up: Best Cryptos to Watch in December 2024
To summarize, Aptos demonstrates its potential through stablecoin integration and scalable infrastructure, while Bitcoin Cash gains attention as a fast, cost-effective crypto option.
Cardano’s modest recovery signals resilience amid market corrections and Ethereum’s institutional inflows highlight growing confidence. However, with its strong foundation and exceptional growth potential signaling a 30,000x ROI potential, BlockDAG remains one of the best cryptos to watch in December 2024.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
