Bitcoin (BTC) has surpassed the $100,000 milestone, marking a historic moment for both the cryptocurrency and the whole crypto market and industry. Off the back of this wave of optimism in the space, multiple altcoins look primed for positive price movements thanks to the momentum of BTC.
The top 5 altcoins poised to witness significant price uptrends by capitalizing on the bullish market include Ethereum (ETH), Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and Minotaurus (MTAUR).
Ethereum has remained the foundation for decentralized finance (DeFi) for many years and is still the leading platform for smart contracts and non-fungible tokens (NFTs). The cryptocurrency is currently priced around $3,920 after jumping almost 6% over the last 24 hours.
ETH is poised for future deflationary improvements in the future, thanks to the Merge which switched the asset from Proof-of-Work (PoW) to Proof-of-Stake (PoS). As its adoption and layer-2 adoption continues to rise, ETH's utility is setting the asset up to retest its all-time high (ATH) of $4,891 in the months ahead.
XRP has seen tremendous growth over the last 7 days, rising by over 64% as the asset breaks through the $2 mark towards the next $3 milestone -- currently sitting around $2.40.
Ripple's success in legal battles and the expected legal liberation of the asset sets XRP for strong institutional and retail holder interest by mid-January.
Despite it's market cap being recently flipped by XRP, Solana continues to shine through as it focuses on high-speed and low-cost transactions that make it appealing to decentralized application (DApp) developers.
SOL has reached $240, growing over 3.5% in the last 24 hours and stands as a thriving ecosystem of DApps and NFTs -- positioning its scalable blockchain for price growth as its adoption rates soar.
Minotaurus (MTAUR) is a steadily emerging project that blends blockchain gaming and crypto incentives, enabling players to engage in exciting gameplay, fight mythical creatures, and get in-game assets.
Currently in presale at 0.00006401 USDT, MTAUR's is expected to offer crypto enthusiasts a brief opportunity to get involved before it reaches it final listing price of 0.0002 USDT.