4 Altcoins To Buy In Halving Week To Turn $10,000 Into $1 Million In 2024

Ethereum presents a buying opportunity at $3,000 with the possibility of further decline to $2,500.

Bitcoin halving this week hints at an exponential rally in the latter months of 2024.

SHIB, CORE, and OM are altcoins with the potential to rally parabolically in 2024.

Amidst the sell-off in the market, investors are shifting to select altcoins to buy, with once-in-a-lifetime opportunities to dollar cost average (DCA) ahead of Bitcoin halving.

Altcoins like Ethereum (ETH), Shiba Inu (SHIB), Core (CORE), and Mantra (OM) show signs of stronger rebounds this week.

Although growing a small crypto portfolio to $1 million is no easy feat for many investors, it is achievable with the right strategies coupled with a potential bull run, especially in the crypto market.

With that in mind, investors must deliberately divide the $10,000 to buy the 4 altcoins to buy — ETH, SHIB, CORE, and OM while leaving a percentage of the portfolio in a stablecoin like Tether (USDT).

Having USDT in any portfolio cannot be overemphasized as it allows the investor to buy the dip, thus increasing holdings affordably. The current pullback in price which saw Ethereum fall below $3,000 could be used to buy more tokens, lowering the average buying price and subsequently maxing the profits.

1. Ethereum (ETH)

Ethereum holds steady above $3,000 and traded at $3,050 during US business hours on Tuesday — maintaining nearly a 3% correction in the last 24 hours.

A minor increase in the trading volume to $22 billion signals growing interest among traders to short Ethereum. On the other hand, the downtrend has continued to slash the market cap, which currently stands at $366 billion.

The Relative Strength Index (RSI) neural and falling at 35 hints at incoming selling pressure. Its technical support at $3,000 although still in line, is unlikely to last longer, hence, it may be wise to prepare for another fall into the $2,000’s.