Top 3 Cryptocurrencies That Could 100x in 2024

The cryptocurrency market seems to hold strong towards the end of 2023, with a few projects witnessing an impressive Christmas rally. The market has more-or-less turned around from the woes of last year. By the looks of it, 2024 might be an explosive year for the crypto space.

Let’s look at the top 3 cryptocurrency projects that could give 100x returns in 2024.

Top 3 cryptocurrencies that could 100x in 2024

Solana (SOL):

Solana
Source – CoinGape

Solana (SOL) is one of the best-performing cryptocurrencies in 2023. Since January, SOL’s price has risen by over 1100%. Bitcoin (BTC), on the other hand, has rallied by only about 160%. Moreover, SOL’s performance seems to be unbothered by FTX’s selling its holdings. SOL makes up most of the exchange’s funds, with over $1 billion worth of tokens.

Also Read: Solana Success Story: Trader Turns $92 Into $1.55 Million

Moreover, the cryptocurrency’s stellar performance might not be over just yet. There is a possibility that the crypto market will enter a bull run in 2024. If so, SOL’s price may skyrocket.

XRP:

Ripple Price Prediction: Will XRP Drop Below $0.60?

XRP is another popular cryptocurrency that has seen lucrative growth in 2023. Since January, the token’s price has surged by about 87%. Although XRP’s growth is tiny compared to Solana (SOL), the token has immense growth potential.

Also Read: Ripple: Here is Why XRP Could Hit an All-Time High in 2024

One of the biggest drivers for XRP’s price in 2024 would be a favorable ruling by the US high court in the SEC vs. Ripple lawsuit. Although a district court has already ruled in favor of Ripple, the suit has now entered the high court. Many expect the high court to give a similar verdict to the district court. With a favorable ruling and a cryptocurrency market bull run, XRP’s price could go through the roof.

Shiba Inu (SHIB):
shiba inu shib rocket money profits

SHIB is one of the most popular cryptocurrencies out there. However, the token’s price has struggled for most of 2023. Despite having a major layer-2 network launch, SHIB’s price did not make the gains fans and investors hoped for. Nonetheless, if the crypto market entered a bull run in 2024, SHIB’s price could skyrocket.

  • crypto
  • cryptocurrency

Comments

Post a Comment

Popular posts from this blog

JPMorgan Bullish on Bitcoin’s Growth as Institutional Investment Pours In 

Join Our Telegram channel to stay up to date on breaking news coverage The increased attention from institutional investors has been a game-changer for Bitcoin this year. Some analysts even believe that a greater influx of these investors could propel the asset to a 1,000 percent gain in the coming years.  The Big Bucks Keep Coming In  Earlier this month, analysts at top investment bank JPMorgan published a report suggesting that Bitcoin is poised to see record gains in the future if acceptance from institutional investors continues. If this happens, the asset could eventually beat out gold once and for all.  JPMorgan’s paper began with an acknowledgment of Bitcoin’s rise within the past month – a period where the asset moved from the mid-$11,000 level to over $15,000, per data from CoinMarketCap. The analysts rightly attributed much of this rally to the top payment processor PayPal, which announced mid-October that it would provide cryptocurrency transaction services from 2...
Read more

Dogecoin (DOGE) Price Analysis for Today, August 22 – DOGE Technical Analysis

Image
Dogecoin (DOGE) remains a significant player in the cryptocurrency market, boasting a market capitalization of approximately $15.50 billion and a 24-hour trading volume around $513.03 million. Ranked #9 on CoinMarketCap, DOGE is currently trading near $0.105, reflecting ongoing interest from the crypto community. DOGE Key Statistics Current Price: $0.105 Market Cap: $15.50 billion Trading Volume (24h): $513.03 million Circulating Supply: 145.64 billion DOGE Total Supply: 145.64 billion DOGE CoinMarketCap Ranking: #9 Over the past 30 days, Dogecoin has surged by 31.73% from its lowest point, and in the last 7 days, it has gained 8.84%. This upward movement highlights the growing confidence among investors and the overall positive momentum surrounding Dogecoin. DOGE/USD Market Analysis Key Levels: Resistance: $0.106, $0.109, $0.115 Support: $0.102, $0.095, $0.080 DOGEUSD -Daily Chart DOGE/USD is currently facing resistance at $0.106. The Bollinger Bands suggest ...
Read more

OpenSea introduces Deals, monthly trading volumes slump 96% from January 2022

Image
Reports on July 21 reveal that OpenSea, a non-fungible token (NFT) marketplace, has introduced a new feature called Deals, allowing users to trade NFTs for other NFTs or Ethereum (ETH).  Powered by Seaport, an NFT protocol, OpenSea said Deals offer users a more flexible and secure way to trade NFTs directly on the platform. Introducing Deals: offer your NFTs for theirs, securely on OpenSea. https://t.co/bTciJLUWDK pic.twitter.com/KR2MLbi7jh — OpenSea (@opensea) July 20, 2023 The introduction of Deals comes as NFT trading volumes have seen a significant decline in recent months. Factors such as the overall bearish trend in the cryptocurrency market and increased competition from other NFT marketplaces have decreased NFT trading activity.  You might also like: OpenSea implements zero fees as it takes on Blur As of June 22, Dune data shows that OpenSea’s average monthly trading volumes stood at roughly $161 million, a deep slump from the over $4.8...
Read more