3 Cryptocurrencies Predicted To Multiply By 100x In Value In 2024
Table Of Contents
:Solana (SOL), Track Record of Price Surge
:Ethereum (ETH) Possible Growth with Ethereum ETF
:Put Your Pocket Change to Good Use with PAMBO
This year the crypto space is filled with bullish predictions on most cryptocurrencies. Quite several crypto holders claim their holdings have the potential to grow 100X in 2024. This optimism is largely caused by two events; the 11 spot Bitcoin ETFs approval by US SEC that happened on 10 January 2024 and the anticipated approval of Ethereum ETFs.
As the crypto investment environment improves, investors' risk appetite is increasing. This has led to numerous series of crypto market analyses and predictions aimed at helping investors make informed choices.
So, let’s dive into the 3 most recommended cryptocurrencies for 2024 and help investors make sense of the crypto market.
Solana (SOL), Track Record Of Price Surge
Solana (SOL) has been showing an overall remarkable performance; having recorded up to over 10,000% price surge at one point. In fact, SOL was among the top cryptocurrencies in 2023 in terms of ROI. Between January 2023 and December 2023, SOL price rose by approximately 1100%; performing way better than BTC that experienced a 160% increase.
Despite FTX selling its SOL holdings, the price of Solana didn't experience any significant decline. As such, analysts have bullish predictions for SOL; it has the potential to multiply by over 100X.