🚀100x Small Caps That Should Be on Your Radar

2024 will likely be a year of significant growth for crypto markets. There will be a broader adoption of blockchain technologies, and steady growth in various altcoins is expected over the year. The next year seems to be extra profitable for the small-cap coins that bring innovation to the market.

Immutable Performance & Outlook

The recent updates reveal that Immutable zkEVM, a new generation scaling platform based on Zero-Knowledge proofs and created with Polygon Labs, will enable developers to eliminate transaction fees. This change aims to give users a smoother start and improve their overall experience.

The market has reacted positively to this news, showing confidence in Immutable’s future. Notably, the $IMX crypto saw its price go up by 370% in 2023, especially during a strong market surge in November. Looking forward, many expect this upward trend to continue in 2024 and think that IMX is one of the top alt coins to watch.

Floki Inu

Recently, the cryptocurrency Floki Inu has seen some important changes that could affect its value. DWF Labs bought $1.25 million worth of $FLOKI tokens. This led to an 18% rise in Floki’s price in just one day.

This big investment shows a lot of confidence in Floki and matches the current trend in the growing cryptocurrency market. Also, FlokiFi Locker, a service in the Floki network, reached its highest-ever Total Value Locked (TVL) of over $100 million. This achievement shows that more users trust Floki’s services, like storing tokens and DeFiservices.

Should you Buy $CAKE?

Traders are showing a positive interest in PancakeSwap, partly due to its reputation. It’s becoming a popular alternative to Uniswap for those seeking lower gas fees. Also, PancakeSwap is expanding beyond being just a DEX, having launched a play-to-earn game and committing to a burn program to enhance $CAKE’s deflationary nature. #dyor

#priceanalysis $CAKE $IMX #flokiinu