Analysts name the factors that will drive the growth of 15 tokens this year

According to experts, three key narratives dominated the cryptocurrency market in 2023. These include artificial intelligence, GameFi, and meme tokens. These three have attracted significant investor interest, setting the stage for watching altcoins in 2024.

It is important to understand the potential drivers of the crypto market this year and identify 15 digital assets that can start significant growth. According to CoinGecko, the most exciting narrative of 2023 was AI with a share of interest in cryptocurrency narratives of 11.3%. The surge in AI was partly driven by advances in technology, particularly after the launch of ChatGPT OpenAi in November 2022.

GameFi, accounting for 10.5% of interest, made an impressive comeback in 2023. This revival was driven by the entry of major video game companies into the blockchain gaming arena. In particular, Take-Two Interactive, Nexon, Bandai Namco, Konami Holdings, Krafton, Square Enix, and Ubisoft, as well as significant progress in blockchain projects.

With an 8.3% share of interest, meme coins became the third most popular narrative. 2023 was a continuation of the meme token season, with coins such as Pepe (PEPE) and Bonk (BONK) achieving significant growth.

Based on the trends of 2023, the following altcoins, sorted by market capitalization, are worth paying attention to in 2024:

1. Artificial intelligence tokens: Akash Network (AKT), Render (RNDR), Bittensor (TAO), Fetch. ai (FET), CorgiAI (CORGIAI).
2. GameFi Tokens: Internet Computer (ICP), Immutable (IMX), The Sandbox (SAND), Axie Infinity (AXS), GALA (GALA).
3. Meme coins: Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), Pepe (PEPE), Floki Inu (FLOKI).

According to CoinGecko, 92 out of the 100 largest cryptocurrencies rose in price in 2023. The platform’s analysts have compiled a rating of the 100 largest coins by capitalization that showed the best results in terms of profitability from January 1 to December 28, 2023.