Three tokens from the top 100 ranking have a chance to grow in 2024

NOT financial advice!

Cryptocurrency market analysts note: 2023 was a surprisingly successful year for some altcoins. Three cryptocurrencies managed to break the $ 100 barrier or came close to it.

Last December, the price of SOL $138.64 Solana 1.07% Market capitalization $64.26 billion VOL. 24 hours $0.8 billion reached a local high of $ 121. The rally was associated with airdrops of a number of projects, as well as the launch of numerous meme coins on the Solana blockchain.

Although the asset has now dropped to $ 88, it still has a real chance to regain the $ 100 mark. The potential is driven by a combination of Solana’s technological advances, increased demand for dApps, and a growing community of highly skilled developers. A recovery in demand and ongoing updates to address past network outages could also push SOL to growth.

Recent developments around Avalanche AVAX $25.51 Avalanche -2.42% Market capitalization $10.03 billion VOL. 24 hours $77.15 million , including strategic partnerships, have significantly strengthened the project’s reputation. For example, the platform has entered into a partnership with Alibaba Cloud to create a meta-universe based on Cloudbase, and has also established cooperation with Amazon Web Services (AWS).

The expansion of the ecosystem and the integration of new tools can push AVAX to the $ 100 mark. If this happens, the token will come close to the all-time high of $ 134.

Although the native blockchain token Injective INJ $19.50 Injective 1.51% Market capitalization $1.89 billion VOL. 24 hours $27.05 million has recently updated another all-time high, it may bring investors many more pleasant surprises.

The amount of reward for staking Injective continues to increase, which helps to ease sales pressure, and the growth of interest in the ecosystem is constantly growing thanks to airdrops that cause a lot of FOMO(missed opportunity syndrome — ed.) among crypto market participants.