Top 11 Crypto Stories of 2024 PART 1
Starting 2024 with many speculations from everyone that this will be a bull run, when Bitcoin halving takes place in April and Bitcoin value even exceeds 50,000 USD in February 2024.
This gradually proves that 2024 could be a booming year in the crypto market with a series of narratives emerging. So, below are the top 11 crypto narratives that could lead the trend in the next bull run.
Inscription
Inscription is the narrative with the strongest growth in 2023, when it began to emerge in April 2023 on the Bitcoin network, and within the next 8 months, Inscription's capitalization increased from 100 million USD to 2 billion USD. , a very impressive parameter during the downtrend period.
Brief overview of Inscription, this is a crypto narrative that creates the BRC-20 token standard along with a feature that allows users to "engrave" images, sounds, data... on Satoshi. And users can trade tokens This is engraved.
Immediately after the BRC-20 and Inscription trends on Bitcoin cooled down, the Inscription "niche" continued to land on other ecosystems such as Sui, Aptos, Fantom, Injective... causing these networks to continuously attract users' attention and The token value of these blockchains is gradually increasing. A typical example can be mentioned is the Sui network, when Inscription landed on Sui in December. Immediately after that, the SUI price increased by 0.7 USD to 1.3 USD.
