5 Cryptocurrencies For New Investors To Buy For Easy 50x Gains In 2024 by Crypto daily
Connext Network (NEXT): Pioneering Cross-Chain Token DistributionConnext Network (NEXT) recently achieved a significant milestone by hosting the world's first natively cross-chain token distribution in collaboration with Tokensoft. Around a million people signed up to get in on the action, signaling a strong push for tech that lets tokens move freely between chains. Connext Network (NEXT), founded in 2017, is recognized as a leading cross-chain messaging protocol, often referred to as "The HTTP
According to Elena R. Chainlink has been on a remarkable and energetic bullish run, consistently ranking as one of the top performers for several weeks in the past three months. The LINK price has surged past the $15 mark, showcasing a dynamic and sharp breakout rally.
This impressive upward trajectory positions Chainlink to boldly challenge the sellers waiting at the significant overhead resistance level of $20. The momentum is palpable, and the enthusiasm in the market is high as Chainlink continues its spirited journey upwards.
SHIBA INU
The Shiba Inu Coin has been in the limelight for a number of reasons, though its current value is not very high. However, the coin is taking over a lot of the crypto market and proving itself an excellent choice for investors. But what is Shiba Inu coin, and how did it come into the cryptocurrency picture? Is it worth investing in it? Let's find out.
The Shiba Inu Ecosystem
The Shiba Inu ecosystem is an open-source ecosystem of decentralized applications (DApps), protocols, and platforms that enable the creation of smart contracts and decentralized applications (DApp) on the Ethereum blockchain. The Shiba Inu ecosystem is also home to the Shiba Inu token (SHIB). SHIB is an ERC-20 token created as a parody of the popular cryptocurrency, Dogecoin (DOGE). The Shiba Inu token purchases goods and services within the ecosystem.
POLYGON (MATIC)
The recent Polygon price performance showed a 2.30% increase from November 30th to December 1st. This rise came after an X post by Captain Faibik claiming this as the final opportunity before an impending bull run. However, traders are redirecting their attention toward alternative projects with perceived greater potential for substantial growth.