#BTC 4 Cryptos Are Likely To Take Off In 2024
2024 could be the year of a major boom for cryptocurrencies. Market experts are betting big on Bitcoin and its digital cousins, predicting a surge in the total crypto market cap to over $3 trillion next year amidst rising adoption. Expectations are high for the crypto scene, with some anticipating a surge in global crypto users from today's 575 million to at least 950 million.
The Crypto Fear and Greed Index, a key indicator of market sentiment, is expected to show "extreme greed" in 2024. This sentiment is likely to coincide with new highs for Bitcoin during a bullish market phase. As institutional investors start to look at cryptocurrencies more closely, the buzz around a potential Bitcoin ETF could funnel serious cash into some of the riskier altcoins.
This environment could be particularly favorable for Render (RNDR), Sei (SEI), Iota (IOTA), Terra Classic (LUNC), and ScapesMania.
