6 Cryptocurrencies with Big Rise Potential in 2024

With the correction of the big pie, the altcoins have also entered a state of general decline, especially ETH. After the Cancun upgrade, its performance has improved even more. The exchange rate against BTC has fallen below 0.055, and it has been robbed by sol in the public chain competition. Limelight, let’s think about this year’s market. Did depin, ai, meme, token protocol, new DEX leader, jup, new financing method scratch-off zero, etc. all appear on sol first, while on Ethereum only , retake, and l2 are two narratives, and neither of these two can be easily participated by Xiao San, so overall, sol is already a better public chain than ETH, regardless of performance, traffic, amount of funds, and playability The sexual and welfare effects are all sol's absolute success.

NEAR

NEAR Protocol’s token has seen some significant moves over the past week, indicating a potentially strong market position. As it stands, the current price is above two resistance levels, which predicts favorable short-term conditions. It's outperforming even the 100-day simple moving average of $3.54, suggesting further growth opportunities.

SHIB

In stark contrast to Ethereum’s (ETH) continued steady growth is Shiba Inu’s (SHIB) rollercoaster market ride. Despite experiencing a slight decline last week (-13.60%), the Shiba Inu (SHIB) turned heads last month with a stunning 196.02% gain. This surge reflects strong interest in projects that reconcile cultural relevance with financial commitment.

Polygon

Polygon is showing promise with its latest DEX milestone, which coupled with data recommending “buy” action may indicate an upward trend. Price is currently sitting at $1.21, above the nearest resistance level at $1.13, and if this momentum continues, it wouldn’t be too far-fetched to see a push towards the second resistance level at $1.27.

Polygon’s achievements in the DEX environment could lead to favorable outcomes. With the MACD and the 10- and 100-day moving averages issuing a “Buy” signal, we expect the price to rise above $1.21, potentially approaching the nearest resistance at $1.13 or even the second resistance level at $1.27. This outlook points to promising near-term growth for Polygon.

XRP

XRP, currently priced at $0.67, is showing bullish signs near the $0.64 resistance with a short-term target of $0.7. The moving averages suggest “Buy” action, with the 10-day and 100-day averages at $0.65 and $0.58 respectively, signaling a possible bullish trend. A new partnership with Tranglo to use XRP in ODL payments may fuel this upward trend, enhancing XRP’s functionality and adoption.

BABY

Taking inspiration from the iconic Pepe the Frog meme, Pepe Coin stands out as a deflationary cryptocurrency with a strong community presence. PEPE was launched on the Ethereum blockchain in 2020, and the current total circulating supply of PEPE is 420.7 trillion pieces. Despite its humble beginnings, PEPE has attracted attention for its deflationary nature, which sets it apart from other memecoin projects.

PEPE has a fixed supply and no token burning or minting mechanisms, creating unique challenges and opportunities for investors. While reaching $1 may seem like a steep climb, trading at just $0.000007834, the coin’s community attention and meme appeal could propel it to new heights. PEPE's unique narrative and scarcity-driven potential make it an attractive option in 2024 as investors look beyond the mainstream.

JTO

The price of Jito (JTO) has increased significantly, which is attributed to the airdrop and the role it plays in the Solana ecosystem. Jito offers a liquidity staking pool and MEV product, and enables SOL holders to earn staking rewards while maintaining liquidity.

JITO (JITO) showed strong market performance as the price reached an all-time high of $3.93. The recent surge is closely related to airdrops and the utility they provide within the Solana ecosystem. Jito’s (JITO) integration with Solana and its innovative staking and MEV withdrawal methods give it potential for growth.

热点： BIG IN RISE