The crypto market has evolved over the past few years as modern tokens have gained more attention and adoption than other traditional altcoins. The top 10 cryptocurrencies have continued to grow slightly since the market turned around in the last quarter of 2023. Although the market trend recovered in the first few days of 2023, some cryptocurrencies failed to gain bullish momentum.
During that time, some projects gained attention over a long period of time, while others were acquired shortly after launch. Since the beginning of 2024, some of these altcoins have been making a lot of noise in the cryptocurrency industry. Therefore, it is currently believed that these tokens could have a significant impact on the upcoming bull market. Here are some of the tokens that could spark a strong bull market and stay trending for a long time in 2924.
Manta Network (MANTA)
Manta Network, Web3’s modular ecosystem, has made some impressive moves recently. Price opened on a huge bullish candlestick and rose from around $0.05 levels to a high of $3.33. Currently, the rally is achieving new ATHs every day and the price is discovering new highs. The token has maintained its upward trend and may continue to do so in the future, but a short-term pullback may occur as the RSI has hit upside resistance.
Sui (SUI)
Sui is a layer 1 blockchain and smart contract platform that started its trading journey with a giant green candle. The price formed a new ATH at $1.72 on the first day of trading, and despite the pullback, the token underwent a parabolic recovery to rise to levels close to $1.4. Technicals are in favor of the bulls and volume is also supporting the uptrend. Therefore, it is believed that the SUI price will maintain a good increase and eventually reach the $2 milestone soon.
Polygon Ecosystem Token (POL)
The Polygon Ecosystem Token is the upcoming upgrade token of the Polygon Ecosystem, and the MATIC Token will be upgraded to POL. MATIC is a layer 2 chain running on Ethereum, so POL smart contracts run on the Ethereum mainnet. With this transition, MATIC or POL could establish a new bullish trend and reach new highs in the coming days. This could cause POL prices to initially surge above $1 and then head towards new highs.
Celestia (TIA)
Celestia, the first modular blockchain, allows users to deploy blockchains with minimal overhead. TIA price is trading within an ascending parallel channel and price is trying hard to bounce off the lower support. The RSI is causing a bullish divergence and may trigger bullish expectations for the upcoming trend. The price is likely to quickly recover $20 and continue to mark new highs each day.
