Three potential currencies worthy of investment in 2024
Want a piece of the cryptocurrency market in 2024? Here are three potential coins worth paying attention to:
1. NULS: The Next Generation Blockchain Solution
Imagine a more flexible and scalable blockchain, NULS does it! Its secret lies in the microservice architecture, which is like an efficient construction site. Multiple teams operate in parallel and independently, allowing the entire system to adapt to changes and upgrades faster.
NULS also has the SCO platform, which allows projects based on NULS to issue and distribute tokens safely, and users who hold NULS can also participate and gain more benefits.
2. Cardano (ADA): The action-packed third-generation cryptocurrency
Cardano is an absolute star in the industry. It uses an advanced third-generation Proof-of-Stake (PoS) consensus mechanism and has been growing steadily since its launch in October 2023, with a 60% increase in the last month! This is inseparable from the U.S. Securities and Exchange Commission’s (SEC) clearer regulatory attitude towards cryptocurrencies, as well as the increasing activity and number of users on the Cardano network.
3. Solana (SOL): Hybrid consensus leads a new era
Solana is also a leader in the PoS camp. Its original hybrid consensus mechanism has taken its performance to a higher level, with an increase of 76% in the past 30 days! Although it experienced a rough period at the end of 2022, it made a strong comeback in 2023, soaring from US$21 in October to US$100 at the end of the year, and the momentum was quite fierce.
One of the secrets of Solana’s success is scalability. Its hybrid consensus mechanism cleverly combines the advantages of PoS and Proof of History (PoH) to make the network process transactions more efficiently, with huge potential for future development.
