As investors await the anticipated growth, a good question to ask is which of these cryptos ($DOT, $ADA, $AVAX, and $GFOX) will be the first to 50X. In this article, we look at the price predictions of these coins, to determine which ones will emerge as the best alt coins to invest in in 2024.

$GFOX

$GFOX is the new ICO crypto that is causing waves in the crypto sphere with its exponential growth potential.  The coin is now in stage 6 of the presale with over 89.6% of the tokens sold out. Crypto market enthusiasts have invested heavily in the project, raising over $2.3 million in a short period.

One of the main attractions of the $GFOX token is its growth potential. The token is expected to grow by a whooping 100X in the coming months, quickly becoming one of the best alt coins to invest in. The Presale is designed to reward early investors, with the earliest one getting over 450% returns by the time of launch. With each presale stage, the price increases slightly, giving an advantage to those who get in early.

Upon exchange launch, market analysts foresee at least a 50X increase in price as $GFOX becomes a mainstream cryptocurrency. The launch of $GFOX NFTs is also likely to lead to a significant price increase, as investors start to trade the much-coveted best NFTS to buy now.

What is more, $GFOX has a token burn feature that is likely to contribute to the increase of the token’s value. Periodically, this feature will remove a portion of $GFOX tokens from circulation and burn them permanently, creating scarcity in the market. This is likely to enhance the intrinsic value of the token, making it one of the best altcoins to invest in.

$DOT

$DOT, the native token of the Polkadot blockchain has always been one of the best altcoins to invest in. Ranking as the #11th largest crypto by market cap, $DOT is a force to be reckoned with. In 2024, the Polkadot Foundation is expected to launch new features such as a minimal relay, Coretime, a synchronous Backing, and a cross-chain bridge known as Snowbridge.

These features will likely lead to a surge in $DOT’s price. Market analysts have expressed optimism that $DOT will reach the $100 mark in Q1 2024.  At the time of writing $DOT is trading at $8.0 with a market cap of $10.7 billion.

$ADA

$ADA, the native coin of the Cardano blockchain has been on a slight decline of 1% in the past week. However, the coin ended the year on a high note despite the slight setback. $ADA has been on an upward surge, especially since the DEXs built on it have also been doing well. Miniswap, in particular, has experienced a whopping 166.80% increase in trading volume, reaching 300 million USD.

At the time of writing $ADA is trading at $0.61 with a market cap of $21.8 billion. Despite the recent decline, it looks like $ADA will soon resume a bull run as crypto charts show a bullish pennant formation that suggests a potential rise to $0.8.

A rise to $0.8 will reinforce Cardano’s position as one of the best altcoins to invest in. It would also be a reflection of the broader trend of increased crypto acceptance and mainstream adoption.

$AVAX

$AVAX is the native coin of the Avalanche blockchain, the layer-1 blockchain solution that hopes to unseat Ethereum as the top smart contract platform.  In 2023, $AVAX underwent an awakening that led investors back to the project. The result was a rally of 264% year to year, with a 30-day increase of 82%.

In 2024, $AVAX has continued to enjoy the attention of investors who have helped the coin sustain its bullish momentum. At the time of writing $AVAX is trading at $41.06, a price that is expected to grow to over $100 by the end of the year.

Final Word

$GFOX, $DOT, $ADA, and $AVAX are some of the best alt coins to invest in for impressive gains in 2024. The coins have all done well in 2023, and they are expected to remain on the same track in 2024, with $GFOX leading the way with over 100x growth. So the obvious choice is the presale coin with higher potential for ROI – but only for investors who get in early and take advantage of price discounts while still in the presale stage!