đ According to Cryptopolitan: Top Altcoins to Buy in 2024
$INJ is a well-established player in the crypto DeFi space. It has cemented its place in the crypto market as a decentralized exchange (DEX), mainly focusing on margin trading and derivatives. Simply put, Injective empowers its users to leverage their holdings to potentially amplify their returns while also offering access to derivative products like perpetual contracts.Â
The Injective (INJ) blockchain has been one of the fastest-growing projects in 2024. With a historical price growth of over 1000% in the past 12 months, the blockchain introduced a series of infrastructural upgrades, including the recent Volan Mainnet upgrade to improve the Total Throughput (TPS). Additionally, the layer-1 chain has seen the launch of projects like Mito Finance and memecoins like Ninja, which has fueled growth.Â
As the DeFi market experiences explosive growth, INJ comes off as a strong project for continued success in 2024, especially with its already established presence and innovative offerings.Â
$DOGE remains a dominating force in the crypto market. Its popularity surpasses its meme coin status, boasting a passionate and dedicated community that continues to drive its value upward. While the future utility of DOGE beyond its current form remain to be explored, its undeniable influence within the crypto world makes it an altcoin that can not be ignored.
Key factors behind Dogecoinâs recent surge has been the prospect of the DOGE token being used as a payment mode on social media platform X. Additionally, the project started to witness significant growth after Elon Muskâs X platform received money transmitter licenses in key US states including Oregon, Illinois, and New Mexico. The DOGE community is optimistic that the token will serve as the cornerstone of the new digital era.
