Keep an eye on 3 cryptocurrencies in the second half of 2024 that could explode 100 times!
1.ICP
Internet Computer (ICP), a blockchain that can be used to build any online system or service, is one of the largest cryptocurrency players. It is also at the forefront of the cryptocurrency market, ranking in the top 25. Despite recent performance below expectations, this is still one of the biggest highlights of the month.
Internet Computer's price rose more than 15% on the monthly chart, trading at $7.8. The stock has risen more than 8% in the past 7 trading days, and despite the recent decline, it still leads the market. $10 is the next key level to watch, and Internet Computer (ICP) is one of the most noteworthy altcoins.
2.REEF
Last week, Reef had a lot of good news. First, they found an engineer who specializes in developing DAO protocols to join the team. Second, Reef's team met with the head of business of a CeFi and DeFi aggregator that has nothing to do with blockchain. In addition, they have discussed listing $REEF with a centralized exchange (CEX), and have also contacted a CEX that already supports Reef to discuss whether the Reef chain can be integrated.
Reef has also talked to a popular wallet application team about how to link Reef into their application. At the same time, they are also communicating with several fiat currency entry providers to explore how to integrate, including fees, timing and liquidity issues. In addition, Reef has signed an agreement with a game development company, promising to sponsor and attend blockchain events in Europe in the first quarter of 2025.
3.UNI
Uniswap Labs announced that Uniswap recently reached an important milestone. More than 993,000 tokens have been traded on the platform this year, a significant increase from 230,000 tokens in September 2023. This growth highlights the increasing activity on the exchange.
In addition, Uniswap stands out through its automated market maker (AMM) system. Unlike traditional exchanges that match buyers and sellers through order books, Uniswap uses liquidity pools. Users contribute assets to these pools and earn a portion of trading fees in return.
