Technologies, trends, and risks. What will happen to cryptocurrencies in 2024 and what to pay attention to?
Bitcoin halving 2024 is on the horizon, and this event, as observations show, launches new growth cycles for the entire digital asset market.
Halving is a planned halving of the number of newly issued Bitcoins that are created and distributed to miners who verify and confirm transactions on the network.
#Bitcoin(BTC)
Ahead is halving and the likely approval of the first spot exchange traded fund (ETF) in US history for Bitcoin.
#Ethereum(ETH)
The successful transition of the Ethereum blockchain to the Proof-of-Stake (PoS) transaction confirmation algorithm and the unlocking of assets from staking make ETH even more attractive to investors.
#Solana(SOL)
The project survived the collapse of the FTX crypto exchange and proved its viability.
#XRP(XRP)
Participants in the crypto community continue to hope for a final resolution of the conflict between the company that issues the XRP token, Ripple Labs, and the SEC.
Dogecoin (DOGE)
This is Elon Musk's favorite cryptocurrency. There are ongoing rumors online about the possible integration of the coin into the social network X (formerly Twitter), which is owned by a businessman.
Toncoin (TON)
The cryptocurrency is built on the basis of the work of the Telegram team.
Uniswap (UNI)
Regulatory pressure on traditional (centralized) exchanges, as well as their inconsistency with the ideology of the crypto community, increases their attractiveness.
Celestia (TIA)
There is a growing interest in the market in so-called modular blockchains.
AxieInfinity (AXS)
In a bull market, decentralized finance (DeFi) projects tend to come to life.
Shiba Inu (SHIB)
A huge community has been formed around the “dog” memcoin with active participants, whose efforts have repeatedly increased the price of the coin.
P/S: Important! Not financial advice!
Investing in cryptocurrencies is always a risk.#Thecrypto market is decentralized, therefore it has a very high level of volatility: fluctuations in the exchange rate of different coins can vary from 1-2% to 100-300% over a short period of time.
