đ„đ„đ„ Top 3 #cardano -based #altcoins that Could Deliver Massive Returns
Tokens within the Cardano ecosystem, like Minswap (MIN), Indigo (INDY), and Liqwid (LQ), are set for substantial returns in 2024.
Despite Cardano's token performance, its ecosystem has seen remarkable growth, surpassing Bitcoin in #DEFI TVL and attracting significant capital inflows.
1. Minswap (MIN):
Recognized for its efficiency and governance, Minswap's TVL peaked at 179 million ADA, now valued at $96.94 million.MIN holders benefit from governance rights and staking rewards, with a 58% increase since November.
2. Indigo (INDY):
INDY, powering Indigo's synthetic assets protocol, saw TVL surge to $125 million, with a $10.88 million market cap.Despite a 20% decline year-to-date, INDY remains promising due to protocol traction.
3. Liqwid (LQ):
Liqwid, facilitating token borrowing and lending, hit a TVL high at $68 million, now at $49.75 million.LQ's market cap is below $1 million, presenting growth opportunities at $2.20 per token.
In sum, these Cardano tokens promise attractive returns for investors in 2024.
Source - thecryptobasic.com