YouTube channel host highlights 5 altcoins ready for growth

YouTube channel Altcoin Daily has highlighted five altcoins that are poised for significant growth in the upcoming cycle, namely Solana (SOL), Chainlink (LINK), Dogecoin (DOGE), Uniswap (UNI) and Ethereum (ETH). Solana (SOL) Despite the recent market decline, Solana (SOL) is number one on Altcoin Daily's list. Solana is currently valued at $141,793, reflecting a 0.1% decline over the past 24 hours. Compared to the all-time high of $260.06 recorded

It is noteworthy that the market capitalization of SOL decreased by 2.31% and now stands at $65 billion, which puts the token in fifth place in the overall ranking. Chainlink (LINK) Chainlink (LINK) is another altcoin featured in the analysis. According to Coinmarketcap, LINK price is currently $13.87, down 2.10% in the last 24 hours. The market capitalization of the token fell to $8,431,604,415, which placed the crypto project in 15th place among cryptocurrencies. Over the same period, trading volume decreased to $272,606,158, marking a decline of 5.88%. However, despite this, LINK remained stable in a range between $13.75 and $14.56 over the past day.

Dogecoin (DOGE) Dogecoin (DOGE), known for its strong community, is worth $0.1236, having lost about 1% over the past 24 hours. Memcoin's market capitalization is $17,916,103,605, placing it ninth in the global rankings. Over the past day, DOGE traded between $0.1224 and $0.1277. Despite the price fluctuations, DOGE's trading volume reached $553,183,165 over the past 24 hours, registering a significant decrease of 15.39%. Uniswap (UNI) Uniswap (UNI) is considered another promising altcoin in 2024. Despite a recent setback that saw its price fall to $8.96, or down 4.68%, UNI remained in the spotlight among investors over the past day. With a market capitalization of $5,373,166,856, the DEX token took 21st place in the market ranking.

However, trading volume over the past 24 hours shows an intriguing turnaround. According to CoinMarketCap, trading activity for UNI increased by an impressive 27.22%, reaching $161,885,776. This surge indicates increased interest and activity around UNI, despite price fluctuations. Over the past day, UNI's price has fluctuated between $8.93 and $9.49, reflecting the volatility and dynamic nature of the market.

Ethereum (ETH) Ethereum (ETH), the second largest cryptocurrency by market capitalization, rounds out Altcoin Daily's list of top cryptocurrencies. ETH is currently valued at $3,384.55, reflecting a slight decline of 0.3% over the past day. With a current market capitalization of $406.7 billion, Ethereum recorded a daily trading volume of $11.47 billion. Ethereum currently has a circulating supply of 120,184,719 ETH, with recent price fluctuations ranging from $3,363.44 to $3,467.83.