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These are three of the best cryptocurrencies to buy now before they skyrocket

The cryptocurrency market has been booming lately Bitcoin (CRYPTO: BTC) led the way by setting a new all-time record at over $88,000. This rally has created excitement across the board, driving up prices and creating new interest in crypto.

While Bitcoin has grabbed most of the headlines, some other cryptocurrencies have the potential for an even bigger upside as they still have room to catch up to Bitcoin’s gains.

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For those looking to position their portfolios for the next wave of crypto growth, here are three digital coins worth considering. These assets have shown significant potential and could offer some of the most attractive opportunities in the market today.

The first choice is Ethereum (CRYPTO:ETH)which remains the second most valuable cryptocurrency by market capitalization and the backbone of decentralized finance (DeFi).

Despite its prominence, Ethereum has lagged the broader market rally for most of 2024. At the end of October, it was up a measly 7% so far. However, interest rates have gained momentum recently and have risen nearly 33% since early November.

But even with these recent gains, Ethereum’s price is still 30% below its all-time high, indicating plenty of upside potential. Beyond just the price, its fundamentals remain strong.

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As the primary platform for DeFi protocols, Ethereum is benefiting from a steady influx of value and growing interest in tokenization, an innovation that allows traditional assets such as real estate and stocks to be digitally represented on the blockchain.

These factors create a solid foundation for Ethereum’s potential to not only regain its previous highs, but also reach new all-time highs as adoption deepens and this bull cycle progresses.

The following is Aaf (CRYPTO: AAVE)one of the most prominent players in the DeFi ecosystem. Known as a decentralized lending and borrowing platform, Aave functions as a ‘digital bank’ where users can lend their assets to earn returns or borrow against them.

Aave’s cross-chain compatibility and established reputation have been implemented on multiple blockchains and have made it a crucial part of DeFi’s infrastructure.

Aave’s token recently traded around $190, well below its all-time high of $572 in 2021. As more capital flows into the crypto ecosystem, it will be able to directly benefit from the renewed interest in decentralized finance.

And with the Federal Reserve targeting lower interest rates, DeFi protocols like Aave, which offer higher returns than traditional financial products, are poised to become even more attractive to investors looking for better returns in an environment with low interest rates.

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