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Prominent crypto expert and YouTuber Lark Davis highlights the top five altcoins that can make investors actualize their “Lambo” dream.
The crypto market witnessed a major downturn yesterday, causing the prices of top assets to plummet heavily. Data from CoinGecko shows that the global crypto market cap was down 3% over the past 24 hours to $2.69 trillion.
Despite the downturn, investors still express unwavering confidence that this bull season will surpass all previous records in crypto history. Therefore, investors are looking for the top altcoins that will potentially yield massive returns in the bull season.
Top 5 Altcoins to Buy Now
Responding to these inquiries, prominent crypto YouTuber Lark Davis highlighted the top five altcoins that could make investors’ Lambo dreams come true.
For context, Lambo, the short form for the exotic Lamborghini car, has become a favorite term used in crypto-related discussions. It is used to express excitement over getting rich from crypto investing. For instance, anytime an investor asks, “When Lambo?” it means when would the price of an asset rise.
In his recent video, Davis highlighted the top 5 altcoins that could make investors’ Lambo dream a reality.
Jupiter (JUP)
Jupiter (JUP) is the first altcoin on the list. JUP is the native token of Solana-based decentralized exchange (DEX) aggregator Jupiter. The DEX allows users to swap tokens within the Solana network at optimal prices with low slippage and transaction fees.
Although Jupiter launched in 2021, the team behind the DEX rolled out its native token on January 31, 2024. The token, which spiked to an all-time high of $2 at the time of its launch, is currently trading at $1.02, down 8.5% over the past 24 hours.
Aerodrome Finance (AERO)
The second altcoin on the list is Aerodrome Finance, a decentralized exchange built on Coinbase’s blockchain network Base.
Launched in August 2023, Aerodrome aims to become the central liquidity hub for the Base blockchain by combining a user-friendly interface and a sophisticated liquidity incentive engine. AERO, which spiked to an ATH of $2.31 in April 2024, was trading at $0.99 at press time.
Subsquid (SQD)
According to Davis, Subsquid, a blockchain indexing service tailored for Web3, could be the Google of blockchain. The project is a web3 app facilitating rapid and cost-effective data sourcing for developers.
SQD launched on May 17, 2024, across multiple exchanges, including KuCoin, MEXC Global, CoinList, Bybit, and Gate.io. At press time, SQD was trading at $0.15, up 8.8% over the past 24 hours.
Oasis Network (ROSE)
Launched in 2020, the Oasis Network is a Layer-1 blockchain built for scalability and privacy. Davis highlighted ROSE as the fourth altcoin that could make investors’ Lambo dream come true. ROSE was trading at $0.1 in the hours leading up to press time, marking a 24-hour decline of 8.8%.
Fantom (FTM)
Fantom (FTM), a Layer-1 blockchain launched in 2018, is the fifth and last altcoin on the list. At the current price of $0.72, FTM was down 79.1% from its all-time high of $3.46, registered on October 28, 2021.
It bears mentioning that the article is for informational purposes and does not represent investment advice. Davis urged investors to conduct due diligence before putting money into the aforementioned altcoins.