An altcoin rally is still a possibility in 2024, with Bitcoin Cash (BCH) aiming to reach $700 after reclaiming $400. Cardano (ADA) investors are waiting for nodes to implement the Chang hard fork, while Clandeno (CLD) is attracting investors looking for active assets with growth potential.
The altcoin market is still holding onto the possibility of a rally that could push coins to new heights. Bitcoin Cash (BCH) is actively promoting itself as a reliable and valuable asset, especially with the recent increase in Bitcoin (BTC) fees. Cardano (ADA) investors are also showing signs of recovery and are interested in tokens with potential for growth, such as Clandeno (CLD).
Bitcoin Cash (BCH) is currently trading at $372.95, nearing its one-week peak after a recent breakout. The coin has not yet reached its all-time high from previous peaks and needs to surpass several milestones before establishing itself as a trustworthy asset. Predictions suggest that Bitcoin Cash (BCH) could reach $700 during a potential altcoin bull market.
Cardano (ADA) recently underwent the Chang hard fork, a network upgrade aimed at introducing new governance and consensus rules. The nodes are currently syncing with the new network requirements, and Cardano (ADA) will continue to function normally for applications like decentralized exchanges and games.
Clandeno (CLD) is attracting investors interested in active projects with potential for growth. The platform has a clear vision for its tokenomics, which will create incentives for a global e-commerce marketplace. Clandeno (CLD) is offering 365M tokens out of its total supply of 525M during the presale ICO, aiming to encourage early investment and loyalty to the platform. Investors in the early-stage ICO will receive perks such as access to future fire sales at discounted prices and a share of the platform’s revenues for as long as they hold their tokens.
Overall, the altcoin market is showing signs of potential growth in 2024, with Bitcoin Cash (BCH) aiming for $700, Cardano (ADA) implementing the Chang hard fork, and Clandeno (CLD) attracting investors with its active and promising platform. Investors are advised to conduct thorough research before investing in any cryptocurrency.
