4 Altcoins Predicted To Dominate The 2024 Bull Run And Cross $100 Billion Market Cap
With a vast array of altcoins in the crypto market today, crypto investors and traders alike are faced with the problem of choice. More so, given the high volatility of these altcoins, it is becoming increasingly necessary to consider the use cases, price performance, and widespread market adoption of the particular altcoins you are looking to invest in.
Being a blockchain platform that operates a hybrid proof-of-stake and proof-of-history mechanism to deploy world-class smart contract functionalities, Solana (SOL) continues to be renowned for its high throughput and scalability.
Ever since its launch in 2020, the Solana (SOL) token has consistently grown from its launch price of $0.9511 up to an all-time high of $259.96, a staggering 18272.35% increase in value!
In recent times as well, the Solana (SOL) blockchain has collaborated with tech giants like Google and Amazon to further improve its accessibility and integrate advanced smart contract node development and processes.
With all of these blockchain upscaling, crypto analysts can only see new highs for the native SOL token, and Solana (SOL) breaking past its current market cap of over $68 billion to cross the $100 billion mark in the 2024 bull run.
The ingenious innovation of the Ripple (XRP) blockchain to facilitate the exchange of different currencies with its digital technology and payment processing company, Ripple Labs, has made the native XRP token a mainstay in the crypto market today— number 7 crypto as of writing.
Even though we can say that this innovation is getting outpaced by current world-class blockchain advancements, the Ripple (XRP) blockchain still maintains its status as a relatively profitable ecosystem.
Consequently, major crypto analysts maintain the stance that the consensus protocol for validating financial transactions and settling account balances powered by Ripple’s XRP Ledger is still contemporary.
They only see more adoption for the native XRP token, which is predicted to take its market capitalization past its current $30 billion range, and likewise cross the $100 billion mark in the 2024 bull run.
Being an early adopter of the Ouroboros proof-of-stake (PoS) algorithm, the Cardano (ADA) blockchain has witnessed steady growth and adoption since its launch to become a mainstay in the crypto space. The Cardano (ADA) blockchain offers solutions to the energy consumption problems of the crypto space, offering more energy-efficient and faster transactions.
True to this, its native ADA token has witnessed significant
price upsurges, hitting an all-time high of $3.09 in 2021. With Cardano (ADA) being a blockchain solution advancing in low-fee mechanisms and ecosystem security, crypto market analysts have tipped it to break the $100 billion market cap in the 2024 bull run, possibly setting a new all-time high for the native ADA token.
Along with Solana (SOL), Ripple (XRP), and Cardano (ADA), ETFSwap (ETFS) is predicted to be one of the altcoins that will dominate the 2024 bull market. By seamlessly integrating traditional finance with the decentralized realm of DeFi, ETFSwap (ETFS) is poised to be the next market-revolutionizing crypto ecosystem.
The platform is bringing the $9.6 trillion ETF market into crypto to make its investors rich, and it has come into the interest of major market movers and whales alike. Powered by its native ETFS token, ETFSwap (ETFS) revolutionizes ETF trading with its highly liquid asset class and 24/7 risk management. This means that investors can now harness the potential of blockchain ETFs through the flexible and seamless trading mechanism offered by ETFSwap’s ETF tokenization.
The crypto ETF revolution occasioned by the ingenious innovation of ETFSwap (ETFS) provides a secure ecosystem that facilitates optimal trading conditions and efficient exchange-traded funds management.
With ETFSwap(ETFS), there are opportunities aplenty for maximizing your investment as investors have access to perpetual futures and options which allows them to trade in long and short options directly from the platform, offering you as an investor up to 50x leverage in all listed ETFs.
The potential for a $100 billion market cap in the 2024 bull run is already on the path of realization as ETFSwap (ETFS) has sold over 60 million tokens in its ongoing stage 1 presale, and even many more investors are queuing up to get in before the stage 2 presale will push the price up to $0.01831 from its current $0.00854.
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