Cryptocurrencies that could surprise in 2024, according to EurocoinPay CEO Herminio Fernandez

Cryptocurrencies that could surprise in 2024, according to EurocoinPay CEO Herminio Fernandez

Diversifying the crypto portfolio in search of the “new bitcoin” is tempting, but the past has shown the high risk involved. The experts consulted, without ignoring the greater “security” that both bitcoin and ethereum offer, reveal a series of alternative cryptocurrencies that, due to the boom in their use or their innovative nature, could surprise favourably in 2024.

It seems that the cryptowinter is behind us. 2023 is the year of the crypto market’s recovery, as evidenced by bitcoin’s 127% rally and ethereum’s 70% revaluation. This context is fuelling hopes of even more remarkable revaluations among lesser-known and smaller cryptocurrencies.

One factor to bear in mind is that, while the crypto market has much higher levels of volatility than “traditional” markets, the volatility of both upside and downside volatility is higher for smaller-cap tokens.

Experts advise investors to proceed with extreme caution if they decide to position themselves in alternative cryptocurrencies or altcoins, as looking for digital currencies with high upside potential involves taking a high degree of risk.

Without neglecting calls for prudence, all experts agree on diversifying the investment portfolio.

In the article “Eleven cryptocurrencies that could surprise in 2024“, published on 30 November 2023 in, expert cryptocurrency analysts, investment fund managers linked to cryptocurrencies and the CEO of EurocoinPay, Herminio Fernández de Blas, are consulted on which crypto trends could have more potential in the medium and long term to diversify the portfolio.

Read the full article on

Options put forward by Herminio Fernández to diversify the portfolio

First and foremost, Herminio makes it clear that:

The price of any cryptocurrency can rise or fall significantly at any time, so it is always important to invest with caution and diversify your portfolio.

Herminio Fernández

These are the cryptocurrencies that EurocoinPay’s CEO sees as having growth potential due to new projects and upgrades:

Solana (SOL): Solana is a blockchain platform that has become one of the fastest and most scalable on the market, gaining remarkable popularity for decentralised finance (DeFi) and non-fungible token (NFT) applications.

Cardano (ADA): Cardano is a blockchain platform that is based on academic research and is developing a series of upgrades that will improve its scalability and efficiency.

Avalanche (AVAX): Avalanche is a blockchain platform that has become one of the most popular for DeFi applications and is characterised by its scalability, efficiency and low transaction fees.

IOTA (IOTA): It is a cryptocurrency with significant growth potential. The cryptocurrency has innovative technology, an experienced development team and a growing ecosystem.

Uniswap (UNI): It is a decentralised exchange protocol (DEX) that allows users to exchange ERC-20 tokens without intermediaries. It is one of the most popular DEXs on the market and has a high volume of transactions, and if it continues to grow in popularity, it could attract more users and liquidity, which could boost UNI’s price.

Polkadot (DOT): It is a blockchain platform that connects different blockchain networks. It has the potential to create an interoperable ecosystem of decentralised applications and if it is a success, it could connect different blockchain networks and create an interoperable ecosystem of decentralised applications.

Dogecoin (DOGE): It is a meme cryptocurrency that became popular in 2021. It has an active and engaged user community. It has been adopted by several companies and celebrities. If it is adopted by more companies and celebrities, it could increase in popularity and price.

Chainlink (LINK): ): It is an oracle platform that provides real-world data to decentralised applications. Chainlink is an integral part of the DeFi ecosystem, and is used by many popular applications. If it continues to grow in popularity, it could become an integral part of the DeFi industry.

IMPORTANT to always bear in mind the volatility of the crypto market and to invest with caution.

Disclaimer: The information set out herein should not be taken as financial advice or investment recommendations. All investments and trading involve risk and it is the responsibility of each individual to do their due diligence before making any investment decision.

Leave a Reply