3 Cryptocurrencies That May Stand Out in 2024

Cryptocurrencies spent the rest of 2023 in a recovery process after a long bear market, for which November 2021 could be considered the beginning. By the end of the year, it seems that the total market value of 1.6 trillion dollars is a critical level compared to the downward trend that started at 3 trillion dollars.

As 2023 comes to an end, cryptocurrency participants will enter the new year in a positive mood due to many developments.

Among these, the approval status of spot Bitcoin and Ethereum ETFs and the #BTC halving event are the main catalysts, while the high probability of the Fed increasing interest rates in 2024 is seen as a non-market trigger. While these are considered positive developments for the altcoin market, there is an upward trend for many altcoins in 2024. Among these altcoins, we focused on 3 altcoins that can achieve significant gains.

During the last bull season, it rose to $146, providing a significant gain of 4900% from the price level at which it was launched. AVAX, which gave back a significant portion of its gains during the bear market, increased its value by 400% in a short time after breaking the long-term downward trend with the general rise that started in October.

The #Avalanche team continued to work hard throughout the bear market and developed and implemented the subnet system during this period. This has emerged as a major catalyst as several enterprise companies have opted for the Avalanche network amid efforts to provide services for Blockchain technology.

#ARB! , which was launched in March this year, is among the altcoins issued after the last bull season and has the potential to have a value increase above the market average in the next bull season.

#RNDR , which started to be listed on major crypto exchanges last year and entered a downward trend due to the bear market, achieved an impressive performance throughout 2023, reaching a 1000% increase in value.
$BTC $ETH $ARB