My Hot Picks! Three cryptocurrencies I’ve got my eye on this cycle

Well, it’s official – the exciting phase of this crypto bull market has begun!

Over the last week, we’ve seen a pro-crypto president get elected by the people, and we’ve seen Bitcoin make a new all-time high, which is one of the key indicators that we’re off and away.

If you’re wondering whether it’s too late to change your financial future. The answer is no. We are still early to this game, but we won’t be for long. The prices we see now will soon be in our rear-view mirror. And, while every bull market experiences pullbacks of 20-30%, there’s no guarantee that these prices will be back.

Which means this is potentially one of the last chances you’ll ever have to capture phenomenal crypto gains.

If you’ve just started looking into crypto, you’re probably feeling a little overwhelmed. Don’t worry, this is normal! There are literally thousands of cryptocurrencies to invest in. But not all of them are good.

You have your low-risk coins such as Bitcoin, Ethereum and Solana – known to be safe choices because of their longevity and huge market caps. Then you have more medium and high risk, speculative projects, which have the potential to do the crazy numbers we’ve all heard about from this asset class. I’m talking 10x, 100x, 1,000x returns and more.

So how do you know which ones are worthwhile? It’s about positioning yourself in strategic coins and growth sectors. These are three of my top picks that are worthy of some extra research and time.

Pick No. 1: SUI

Sui is a Layer 1 blockchain, a foundational network where other coins and projects can be built (Ethereum and Solana are both examples of Layer 1’s). Launched in May 2023, Sui is already making waves with 26 million active accounts and the second-highest transaction volume among altcoins! Sui is known to be lightning-fast, which is highly valued in a layer 1 network.

Some are calling Sui the ‘Apple’ of Blockchain and crypto influencer Raoul Pal believes it will dominate this cycle. He is calling Sui ‘one of the chosen ones. This sentiment is adding serious fuel to the Sui bullish fire.

Pick No. 2: HEX on PulseChain

Hex is a decentralised finance project that gives you the ability to earn yield (interest) on your HEX holdings. So, rather than just having your crypto sitting in your wallet, you can put it to work for you through staking. It’s a similar concept to term deposits from a traditional bank, but the rewards from staking blow traditional interest rates right out of the water! With HEX, you can earn up to 38% per year. How many banks offer such good interest rates?

HEX boasts one of the strongest communities in crypto and one of the biggest networks of content creators and influencers. None of these influencers are paid to talk about HEX, they share their belief in the project out of pure conviction.

Investors call themselves ‘Hexicans’ and their holding power through dips is remarkable. In fact, HEX investors have an average staking length of 7 years in this project! If they’re happy to lock away portions of their holdings for 7 years, they are extremely confident that this ecosystem and community is going to grow. Cults is one of the big narratives emerging this cycle, so it’s bullish when a cult is this strong.

The saying ‘The community is the asset, not the code’ perfectly describes the Hexicans!

In fact, it’s launched on the Pulsechain network, which is another project we are watching closely that potentially has huge growth ahead. They say that if Hex on Pulsechain takes off, it will bring a plethora of capital to the broader offerings within the Richard Heart (Pulsechain) ecosystem.

It’s also important to note that there are two versions of HEX, the old one on Ethereum, and the new one on PulseChain. Last cycle, HEX achieved a whopping 10,000x and made many millionaires worldwide! Whether it will achieve this again is what everyone is waiting to see. It’s definitely an exciting project to watch.

Pick No. 3: MEME COINS

Meme coins in crypto started out as a fun niche, but they’ve grown into a complete sector in their own right. Everyone has heard of them, they’re not complicated, and most meme coins are easy to buy. In fact, they believe 2025 will include a ‘Memecoin Supercycle’.

The rise of meme coins is interesting because these coins don’t solve any real-world problems like other cryptocurrencies do. In fact, memes in their current form hold no innovation for the crypto space at all. Their value is mostly driven by hype or people liking the cute images of cats, dogs and frogs.

So why are they so popular?

For starters, there’s no learning curve. Memes are accessible, affordable and – with the right influencers and hype – they can skyrocket FAST. Memes aren’t affected by geopolitical tensions, and they tend to react differently to other coins in the market cycle.

So why did Memes make my top 3? Because there’s no denying, they are popular and will probably do quite well. There are more meme coins than any other category so far to have outperformed Bitcoin in 2024. Having an allocation can be a smart move, especially if you catch them early enough, you’ll have more chance of parabolic price action.

However!

Meme coins are notoriously volatile. Have an exit plan for any meme coins you invest in and make sure you’re diversified in projects with utility and technical innovation.

So there you have it, my top 3 crypto picks for this bull market. I share these so you can investigate further and see if any of them are right for you and your portfolio diversification.

Always do your own research for your investments.