LIVE🐋 Crypto Whales Could 50X These 3 Cryptocurrencies by 2024
1. Protocol Aave
Aave (AAVE) is a top DeFi protocol and loan platform. It uses smart contracts to let people lend and borrow cryptocurrency without middlemen. Since 2017, Aave has improved its platform, with Aave V3 allowing liquidity providers and borrowers more flexibility and efficiency.
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Aave has a limited amount of 16 million tokens, 14.7 million of which are in circulation, which might increase demand and price. Aave's Safety Module insurance fund protects users against smart contract failures and liquidation occurrences. Staking AAVE tokens funds the Safety Module, giving stalkers prizes and governance rights.
As DeFi tokenizes and integrates more real-world assets, Aave is well-positioned to profit on its growth. Next bullish cycle, AAVE might reach $100, a 10x to 12x gain from its current price. Continuing to develop and dominate the DeFi market might lead to 50x to 100x benefits by 2025. 💼💰
2. Near Protocol (NEAR): A Blockchain Rising Star
NEAR Protocol is popular for its rapid transactions, sustainability, and cheap costs. Transactions, staking, and governance on NEAR Protocol use NEAR, its native asset.
NEAR Protocol (NEAR) trades between $2.12 and $4.89, with $0.6 as support and $6.14 and $8.9 as resistance. The cryptocurrency peaked at $20.42 in January 2022, suggesting large price fluctuations.
NEAR Protocol (NEAR) is expected to peak at $4.964 in 2024, $5.706 in 2025, and $22.656 by 2030. 📈💫
3. Arbitrum (ARB): Boosting Ethereum Efficiency
Arbitrum (ARB), a layer-2 (L2) scaling solution, processes money transactions on a separate layer to improve Ethereum blockchain transaction efficiency and speed.
Arbitrum (ARB) is trading between $1.56 and $2.01, with support at $0.88 and $1.33 and resistance at $2.22 and $2.66.
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