The following is a list of cryptocurrencies that will skyrocket in 2024

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23 Jan 2024
38

It is predicted that cryptocurrencies that will rise in 2024 will not only be dominated by cryptocurrencies with large capitalization. Meme coins, even projects with new narratives will also come to the fore.
Moreover, currently many investors are optimistic about cryptocurrencies, because large investment institutions such as BlackRock and Vanguard have submitted a Spot BTC ETF to the SEC and it has been approved.

Below are some of the newest crypto coins for 2024 that will rise in the next bull market season, such as Bitcoin Minetrix, Bitcoin, and XRP.

Bitcoin Minetrix is ​​here to provide a bitcoin mining solution that is cheap and free from fraud. Bitcoin Minetrix is ​​here to offer a stake-to-mine system, where BTCMTX token owners can stake and get cloud mining credits.

With this innovation, it is hoped that everyone can mine and get maximum profits. Currently Bitcoin Minetrix is ​​still in the presale period, 1 BTCMTX token can be purchased for $0.0127.

One of the potential micin coins in 2024 is one solution to reduce the level of cloud mining fraud that often occurs.

Sponge V2

Even though it has a Spongebob icon, this token is not affiliated with Nickelodeon at all. Sponge V2 is a unique stake-to-bridge token, where this token cannot be obtained during presale, only Sponge V1 owners can have this token early.

The presence of Sponge V2 certainly brings big changes to the Sponge ecosystem. Sponge V2 is an open source project that aims to provide a flexible and powerful platform for creating and managing Minecraft servers.

The platform is designed to be highly customizable and extensible, allowing server administrators to tailor their experience to their specific needs.

To get this token, you just need to buy $Sponge tokens and exchange them for Sponge V2. Sponge V2 tokens can also be staked to get maximum profits.

As of the time this article was written, 4,520,997,010 $SPONGE tokens had been staked, with a value of US$4,241,497.98. With an APY of 357 percent, many investors realize that there is huge potential if Sponge V2 can become one of the cryptos that will rise in 2024.

Combat Memes

One of the new coins that will be launched and is predicted to increase this year is Meme Kombat. This crypto project that offers staking, gaming and GambleFi looks like it will become a new favorite among crypto investors.

Meme kombat offers an interesting type of game, where token holders can bet on meme coin characters using the original $MK token.

However, for investors who are not interested in gaming and betting, they can stake and get passive profits.

For those of you who are interested in owning $MK tokens, currently 1 $MK is only valued at US$0.279. There are approximately 27,458,232 tokens staked, with an APY of 144 percent.

XYZ Launchpad

XYZ Launchpad is a platform focused on Web3, the main hub for digital assets. By bringing together features such as an NFT DEX, split asset markets, and a dedicated trading terminal, this cryptocurrency offers an 'all-in-one' solution for investors of all experience levels.

The ecosystem offers valuable features to bring in the next 10 million Web3 users. XYZ Launchpad has a mission to ensure Web3 market understanding and provide investors with their own trading framework.

With support for learning and understanding the Web3 ecosystem, Launchpad

Launchpad

Bitcoins

It cannot be denied that Bitcoin is a cryptocurrency that will rise in 2024. After the approval of the Bitcoin EFT Spot and ahead of the halving in April 2024, the price of Bitcoin could soar high.

With the Bitcoin EFT spot, institutions are starting to open their eyes and invest in Bitcoin. In fact, the country of El Salvador has used Bitcoin as an investment tool of up to IDR 2 trillion, with a profit of 2.84 percent or the equivalent of IDR 55.8 billion.

Even though it is often hampered by regulations, there are still many people who are more interested in investing in Bitcoin and several other soon-to-be-listed coins than traditional investment instruments such as shares or bonds.


Ethereum

Ethereum is a blockchain that has its own currency, offering a smart contract system whose network is often used by other crypto platforms.

Emerging in 2013 through a whitepaper from founder Vitalik Buterin, Ethereum has become a global platform for decentralized applications, allowing users from around the world to write and run software that is resistant to censorship, downtime and fraud.

With its various functions and uses, Ethereum is getting bigger and more popular with crypto investors. Currently, the price of Ethereum has reached US$2,500 and could possibly reach a new ATH in 2024.

Binance Coin

Binance coin is a coin from Binance, the largest crypto exchange application in the world. This BNB was created as a cryptocurrency that will be used as a service fee from Binance.

But BNB is also used on Binance Smart Chain, a decentralized blockchain that powers smart contracts, DeFi projects, and decentralized applications (DApps).

Binance coin is the fourth largest cryptocurrency according to Coinmarketcap. The value of BNB has experienced significant growth, especially during the crypto market bull.

However, its value can be influenced by various factors including developments on Binance, blockchain adoption, and global market trends. Currently the price of BNB is around US$300 per token.

XRP

XRP has indeed experienced a long drama, even though this token has clear functions and uses. The conflict with the SEC made this token move slowly, almost not moving at all.

XRP is designed to be part of an efficient and fast global payments system. Ripple Labs focuses on moving value across borders at low cost.

Designed to provide high transaction speeds and low fees compared to traditional systems or some other cryptocurrencies. So it's not surprising that this token has a pretty bright future after the drama with the SEC ends.


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