Which Altcoins Should I Buy? Can Solana, Cardano, Toncoin, and JetBolt explode in the Bull Run?

November 18, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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Solana (SOL), Cardano (ADA), Toncoin (TON), and JetBolt (JBOLT) are at the center of altcoin conversations as the crypto market braces for a potential bull run. Solana faces scrutiny with fluctuating metrics following an explosive run, while Cardano continues to build on its steady reputation with ecosystem upgrades.

Toncoin gained momentum after its blockchain games went viral. Meanwhile, JetBolt is shaking the altcoin market after selling over 66 million tokens thanks to its cutting-edge Zero-Gas Technology and surging presale.

The excitement surrounding these altcoins has drawn interest from both seasoned whales and newcomers. How are these altcoins standing out ahead of the next bull run? Let’s explore the latest updates shaping Solana, Cardano, Toncoin, and JetBolt.

Solana: Is SOL’s Momentum Fading or Just Taking a Breather?

Solana has captured attention with its innovative blockchain and explosive 330.8% 12-month growth, but recent metrics have sparked discussions about its current trajectory. 

On November 13, Solana’s trading volume peaked at $12.01 billion but has since dropped to $8.36 billion. This decline, along with a fall in active wallet addresses from over 20 million in October to 17.98 million, suggests reduced market activity.

Despite these fluctuations, Solana’s ecosystem remains robust, with applications spanning DeFi, NFTs, and gaming. SOL’s ability to handle transactions quickly and at a low cost continues to be a key strength. 

Currently trading at $240.98, with a slight 1.22% increase, Solana remains a key altcoin under focus as market conditions evolve, with observers closely watching its engagement and trading metrics.

Cardano: Steady Progress with an Eye on Growth

Cardano has built its reputation on methodical development, emphasizing scalability and sustainability. Recent upgrades, including enhanced smart contract functionality and interoperability, have strengthened ADA’s ecosystem, driving increased DeFi activity and adoption.

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Cardano's 1-year price chart from Coin MarketCap exhibits its bearish performance in Q3 2024 prior to ADA’s more recent bullish upswing

Cardano's 1-year price chart from Coin MarketCap exhibits its bearish performance in Q3 2024 prior to ADA’s more recent bullish upswing

Currently trading at $0.77, Cardano has gained 8% today, reflecting renewed interest from its dedicated community and developers. While its 2021 peaks remain out of reach, Cardano’s steady progress and recent price surge reinforce its appeal as a project with growing utility and adoption.

Analysts note ADA’s expanding use cases and consistent updates as factors contributing to its resilience in the altcoin space.

Cardano’s emphasis on research-driven innovation and ongoing ecosystem improvements have made it a steady presence in the cryptocurrency market. ADA’s future performance remains a topic of interest among crypto enthusiasts.

JetBolt Lights Up the Crypto Scene with Bold Innovations and a Successfully Growing Presale

JetBolt (JBOLT), a rising next-generation altcoin is turning heads with groundbreaking features and technology. JetBolt has sold over 66 million tokens since its presale launch, and this newcomer to the crypto scene is sparking growing curiosity.

A standout feature driving this excitement is JetBolt’s use of zero-gas technology, which completely removes the burden of gas fees in transactions. This breakthrough makes crypto transactions smoother for users and gives developers the freedom to create blockchain applications in a range of use cases.

JetBolt also redefines staking with an interactive, social layer. On this platform, users can earn rewards not just by staking tokens but by staking and connecting with friends, adding a unique community-driven edge.

Early buyers are benefiting from JetBolt’s Alpha Boxes, which offer up to 25% bonus tokens for bulk purchases, driving more whales and altcoin users in droves. With its innovative features and strong presale momentum, JetBolt is carving out a growing space in the altcoin market. 

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An increasing number of market observers have reported that the buzz surrounding its creative blockchain solutions suggests it’s more than just a fresh token—it’s an exciting next generation altcoin, possibly adding a new layer of fun and innovation to the Web3 arena.

Which Altcoins Should I Buy? Can SOL, Cardano, Toncoin, and JetBolt explode in the Bull Run?

Toncoin: Gaining Momentum with Telegram Integration

Toncoin has seen rising interest due to its connection with Telegram, one of the largest messaging platforms. Viral games like Bitcoin Dogs have increased engagement, while updates to the TON blockchain have improved efficiency and scalability, benefiting users and developers alike.

Currently trading at $5.52 with a market cap of $282.27 million, Toncoin boasts over 100 million wallet holders. Analysts have noted a double-bottom reversal pattern, often associated with increased demand, as a key trend to monitor for TON.

Toncoin’s integration within Telegram’s ecosystem and recent network upgrades have strengthened its position in the market. TON’s expanding user base continues to attract attention across the cryptocurrency landscape.

Can Solana, Cardano, Toncoin, and JetBolt Lead the Altcoin Bull Run?

Leading up to the potential bull run, Solana, Cardano, Toncoin, and JetBolt are shaping up as some of the most intriguing altcoins in the market. Solana’s ecosystem powers DeFi and NFTs with explosive growth this year, while Cardano’s steady upgrades bolster DeFi activity.

Toncoin leverages Telegram’s user base with viral games and updates, driving adoption. JetBolt (JBOLT), on the other hand, is making a splash with its growing presale, use of zero-gas technology and unique staking features.

Learn more about JetBolt and its presale below:

JetBolt Website: https://jetbolt.io/

X (formerly Twitter): https://x.com/jetboltofficial

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Telegram Community: https://t.me/jetboltcoin

This write up does not offer any financial guidance or advice. Cryptocurrency markets are highly volatile and all coins and tokens carry risks. Always conduct thorough research on your side and assess your risk tolerance before acquiring any digital asset.

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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