2024: What Should You Watch Out For?
Every crypto enthusiast is hoping that this year will turn out to be the breakthrough year in the space.
So, I have gathered the expected big events of 2024 to help you make the best decisions!
Here are some of the top trends to watch out for in the crypto and blockchain space in 2024:
$BTC could reach new all-time highs, surpassing $80,000, driven by the halving event and the launch of spot Bitcoin ETFs.
$ETH revenue could double to $5 billion, as the network transitions to Ethereum 2.0, a more scalable, efficient, and sustainable version.
Stablecoins, which are cryptocurrencies pegged to fiat currencies or other assets, could see a surge in adoption and usage, even exceeding Visa in transaction volume.
DeFi, or decentralized finance, could continue to grow rapidly, eliminating the need for intermediaries in financial transactions.
Enterprise blockchain adoption could increase, as more businesses and organizations leverage the benefits of distributed ledger technology.
CBDCs, or central bank digital currencies, could become more prevalent, as more countries experiment with issuing their digital versions of their national currencies.
NFTs, or non-fungible tokens, could expand beyond the art and gaming sectors, and into pop culture, music, sports, and more.
AI, or artificial intelligence, could enhance blockchain capabilities, such as security, scalability, and interoperability.
These are just some of the possible trends that could shape the crypto and blockchain landscape in 2024. Of course, many more factors and developments could influence the market, so it is always advisable to do your research and stay updated with the latest news and information.
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