Five key altcoins to watch in January

Five key altcoins to watch in January

user avatar

by Max Nevskyi

3 years ago

In January 2024, special attention should be given to the projects KAVA, Near Protocol (NEAR), Avalanche (AVAX), Axie Infinity (AXS), and Stellar (XLM), as important updates are expected that could positively affect the value of their tokens.

KAVA plans to reduce inflation to zero after launching its mainnet, setting a fixed supply of 1 billion tokens. This update has already led to an increase in the price of KAVA, and it is expected to rise even further.

Avalanche is preparing to launch a new wallet that will simplify portfolio management and staking. This event could also contribute to the growth of the AVAX price.

Axie Infinity has announced an update for Axie Origins, including the Parts Evolution feature, which will turn Axie into dynamic NFTs. This update could be a catalyst for the rise in the price of AXS.

Stellar plans to update its main network, including 12 proposals, which could also positively affect the price of XLM.

Near Protocol is making changes to its blockchain explorer, which could increase interest in NEAR and contribute to the growth of its value.

These five altcoins represent interesting investment opportunities at the beginning of 2024, considering the expected updates and potential impact on their price.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Fold Focuses on Customer Retention with New Products

Fold focuses on customer retention and balances with new products like Fold Reserve and Lead Bank spending accounts.

user avatarNguyen Van Long

Onramp Introduces New Business Bitcoin Account with Enhanced Security Features

Onramp has launched a new business Bitcoin account focusing on security and governance, supporting up to three named users and role-based permissions.

user avatarKofi Adjeman

Fold Reports $42 Million Revenue and $26 Million Net Loss in Q3

Fold reported $42 million in revenue and a $26 million net loss for Q3, attributing growth to Bitcoin gift card sales via TikTok Shop.

user avatarSatoshi Nakamura

Hyperscale Data Shifts Focus to Mining and Infrastructure Development

Hyperscale Data plans to generate future Bitcoin balances primarily from mining while targeting infrastructure development.

user avatarJesper Sørensen

Hyperscale Data Completes Sale of Remaining Bitcoin Reserves

Hyperscale Data has sold its remaining Bitcoin reserves, raising approximately $16 million for debt reduction and its Michigan AI campus.

user avatarRajesh Kumar

Coalition of Major Players Opposes Illinois Digital Asset Tax

A broad coalition, including the US Justice Department and major crypto firms, challenges Illinois' Digital Asset Tax Act, arguing it is punitive and discriminatory.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.