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Cryptocurrency analysts have named two digital tokens whose market capitalization will grow to $ 1 billion

12:37 pm, August 12, 2024

Finbold crypto media analysts note that despite the recent stress that the cryptocurrency market has experienced as a result of a sharp decline, some virtual assets continue to show significant growth potential. Two such projects, Fantom (FTM) and Helium (HNT), are attracting more and more investor attention and have every chance of reaching a market capitalization of $ 1 billion by the end of 2024.

Fantom, trading at $ 0.34, already has a market capitalization of about $ 958 million. Despite the challenges of the second quarter, when its market capitalization decreased by almost 47%, the project continues to grow year-on-year. Reduced transaction costs and new strategic initiatives with a gas monetization program may contribute to the project’s further growth, according to media reports.

Helium, trading at $ 5.99, is also showing steady growth, approaching a market capitalization of $ 970 million. The project stands out for its role in the development of decentralized infrastructure networks. This, in turn, contributes to its popularity and growth in the number of users. Thanks to the expansion of physical infrastructure and cooperation with mobile operators, Helium has every chance of breaking the $ 1 billion mark.

If the positive trends for these crypto projects continue, they may become important players in the digital asset market and reach new heights by the end of the year. Investors should keep a close eye on the development of these assets, as they have the potential to bring significant profits.

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