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Cryptocurrency experts name digital tokens that can grow by 900%

2:44 pm, February 2, 2024

Not financial advice!

Although most assets in the cryptocurrency sector have been experiencing a slight pullback in recent weeks, 2024 could be a winning year for investors in top crypto assets.

With this in mind, Finbold analysts have identified three virtual coins that could grow in value by 900% in 2024. According to the media, a powerful rally will allow their owners to turn an initial investment of $ 1,000 into $ 10.00.

Bitcoin (BTC)

One of the obvious options is the flagship asset BTC $56,457.80 Bitcoin -2.47% Market capitalization $1.11 trillion VOL. 24 hours $4.48 billion , which, according to many experts, will skyrocket in 2024 after halving in April. It is noteworthy that crypto trader Michael van de Poppe has set the price level of bitcoin at $ 500,000.

Currently, the largest asset in the crypto sector by market capitalization is trading at $ 43,120, which is 2.18% higher than a day ago. In general, BTC grew by 5.4% over the week, but fell by 7.74% over the month. Over the past 12 months, the market leader has risen in price by 83.49%.

Ethereum (ETH)

Meanwhile, ETH $2,981.34 Ethereum -4.50% Market capitalization $358.35 billion VOL. 24 hours $2.65 billion may experience a bullish rally in 2024 on the wave of halving. Moreover, the crypto industry is actively discussing the launch of an Ethereum-ETF.

At the time of publication, the price of Ethereum was $ 2,311, which indicates an increase of 1.6% per day. In general, Ethereum grew by 2.9% over the week, but on the monthly chart, it showed a drop of 6.08%. Over the year, the crypto asset grew by 44.3%.

Solana (SOL)

Finally, according to crypto experts, the «killer of ethereum», SOL $135.89 Solana 1.15% Market capitalization $62.9 billion VOL. 24 hours $1.03 billion «has become an outstanding blockchain solution for decentralized applications and smart contracts among the big ones» . Indeed, Anatoliy Yakovenko’s blockchain is characterized by high transaction speeds, budget commissions, and increased investor interest, which have brought it growth in the past and may bring it in 2024.

At the moment, SOL is trading at $ 100.5, up more than 5.4%. Over the week, the digital coin rose by 10.09%, but over the month, it dropped by 17.27%. The annual growth of SOL amounted to 309.94%.

In general, the above-mentioned cryptocurrencies can really bring huge profits to their investors in 2024, but it is very difficult to predict specific prices in the crypto industry. That is why it is important to do your own research and weigh the risks before investing.

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BTC

$56,457.80

-2.47%

ETH

$2,981.34

-4.50%

BNB

$497.41

-4.26%

XRP

$0.43

-3.31%

SOL

$135.89

1.15%

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