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

US Household Inflation Expectations Increase Ahead of Federal Reserve Meeting

In October 2023, American households raised their inflation expectations to 4.7% for the next year and 3.5% for the long run, according to a survey by the University of Michigan.

user avatarFilippo Romano

XRP Ledger Maintenance Amendment Regains Validator Majority

The XRP Ledger's fixCleanup340 amendment has regained majority support from validators, moving its activation window to November 4.

user avatarEmily Carter

W Group Invests in SwapGlobal for Institutional Pre-IPO Derivatives

W Group has announced its investment in SwapGlobal, which is preparing to offer institutional pre-IPO derivatives.

user avatarTomas Novak

Aave Labs Clarifies V38 Security Upgrade Details

Aave Labs has clarified its proposed V38 security upgrade, focusing on the exclusion of flashloan entry points from the new reentrancy guard, ensuring functionality during liquidations.

user avatarKaterina Papadopoulou

Aave Launches Externally Curated V4 Markets on Ethereum

Aave has launched its first externally curated V4 markets on Ethereum, managed by Sentora, which oversees active borrowing markets for RLUSD, PYUSD, and OUSD.

user avatarMaya Lundqvist

New Features Introduced in Stellar's Bell Upgrade

The Bell upgrade introduces new features including support for contract addresses and millisecond ledger timestamps, enhancing the Stellar network's capabilities.

user avatarLeo van der Veen

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.