On December 9, 2024, there are several crypto coins that show interesting potential movements. Some of them are Sui, Toncoin, and XRP, which are considered to have profit opportunities. In addition, #altcoin such as Stellar (XLM) and Yield Guild Games (YGG) are also of interest to investors. Here is a summary of the potential crypto movements that can be observed:

1. About

  1. Offering unique innovations in the blockchain world.

  2. It has zkLogin technology which makes it easy to register using a Google account.

  3. The sponsored transactions feature allows users to not pay direct transaction fees.

  4. The architecture supports parallel execution and high-speed transactions with stable fees.

2. Toncoin

  1. Part of The Open Network ecosystem, originally developed by Telegram.

  2. Known for its sharding technology that enables fast and large transactions.

  3. Integration with the Telegram app makes it easy to make instant cross-border payments.

  4. Telegram's plan to bring 30% of its users to the TON ecosystem could be a catalyst for growth.

3. XRP

  1. The ultimate choice for speed and efficiency in blockchain.

  2. Low transaction fees and fast settlement times, ideal for cross-border payments.

  3. Supports tokenization and various applications such as DeFi and stablecoins.

  4. Has completed over 70 million transactions without any interruption.

4. Stellar (XLM)

  1. Although not the best, XLM is showing a bullish trend.

  2. Stellar validators will vote on the Protocol 22 mainnet upgrade, which could spark positive momentum.

  3. It is currently holding above the $0.41 support level, which is crucial to continue the uptrend.

5. Yield Guild Games (YGG)

  1. Struggling to break through the $0.70 resistance, which is important for further growth.

  2. A potential catalyst for an upward move is The Purging Event which is nearing its conclusion.

  3. A drop below the $0.57 support level could invalidate the bullish outlook.

6. Bitcoin and Ethereum

  1. Bitcoin is expected to hit the historic $100,000 mark before the end of the year, sparking a rally in altcoins.

  2. Ethereum, as the backbone of decentralized applications, has high upside potential with recent ETF support.

With the many opportunities available, December 2024 is an interesting time for investors to consider diversifying their portfolios in the crypto market.

#BinanceSquareExplorers

A Tribute By @Mondana Foundations