Post-Bitcoin Rally: Altcoins with ‘Strong Fundamentals’ Will Lead the Charge, Says Expert
- Despite some volatility in Bitcoin’s price, analysts remain bullish on altcoins, with strong gains expected in Ethereum and Solana starting in January 2025.
- Bitcoin and the broader crypto are seeing strong volatility ahead of the Federal Reserve interest rate cut decision in the ongoing FOMC meeting.
Prominent crypto trader Ali Martinez has posted his list of altcoins, which he thinks will show strength once the Bitcoin (BTC) rally loses steam. He said investing in sustainable projects with good fundamentals matters more than just chasing trendy or meme coins. In his belief, sustainable success in crypto investment depends on supporting real-world utilities and innovation in projects.
Top Altcoin Picks For 2025
Among Martinez’s top suggestions is Worldcoin (WLD), a project headed by OpenAI CEO Sam Altman. Recently redenominated to World Network in October, the venture revolves around identity verification utilizing eye-scanning technology, along with global financial incorporation. As of writing, the WLD token is trading at $2.70.
Another decentralized exchange, Uniswap (UNI), one of the pioneers of DEXs, found a mention. The UNI governance token is worth $16.43 today. Thereafter, he mentioned AAVE, one of the pioneering decentralized lending protocols operating on the Ethereum blockchain, comes out on top. At $378.59, AAVE has risen about 2% in the last 24 hours.
He also recommended Chainlink (LINK), known for its decentralized oracle network, which provides a decentralized and reliable means of communication for smart contracts to leverage when exchanging data. The value of the LINK token hovers around $27.84, and analysts expect bullish momentum to continue, per the CNF report . Maker (MKR), is another altcoin he prefers, owing its significant contribution toward the DeFi sector. The MKR token currently trades at $1,750.75.
Martinez also listed Ondo Finance (ONDO). It is a protocol using the increasing interest in tokenized real-world assets (RWA). For further context, the ONDO price stands at $2.01, having increased by 2.70% in the day.
Martinez is also bullish on Solana (SOL), often termed as one of the Ethereum challengers due to its scalability and ecosystem growth, currently trading at $218.01. Last but not least, he mentioned the native token of the BNB Chain ecosystem, BNB, which trades at $719.18 today.
Other Analysts Weigh In
With altcoins like XRP gaining over 130% in a month, trading at $2.58 now, analysts are growing bullish on altcoins. Michaël van de Poppe, another well-known crypto analyst, provided a target of $300,000-$500,000 for Bitcoin this cycle. He also expects Solana’s price to surge to the $1,500-$2,500 range and Ethereum’s price to range between $15,000 and $25,000. Poppe is also bullish on Chainlink, eyeing a $250-$300 target.
However, he spotlighted a potential bearish divergence on Bitcoin today amid volatility owing to the Federal Reserve interest rate decision. Nonetheless, he believes that “we’ll see a strong revival on altcoins once Bitcoin consolidates.”
On the contrary, BitMEX founder Arthur Hayes is predicting a major crash despite the BTC price topping $108,000 lately. He predicts a crypto market crash on January 20, 2025, as Donald Trump begins his presidency. In his recent blog post, “Trump Truth,” Hayes forecasts a “harrowing dump” for Bitcoin and altcoins. Thus, he advises buying more Bitcoin during the dip, urging investors to “lick our wounds and get back on the bull.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.