The market itself spans across a lot of categories and comprises many projects that strive to attract investment. Of these tokens, some can be considered as having promising values because of the underlying technology, active communities behind the projects, and possible large fluctuations in their prices. Below are five such crypto coins which are present in the top 100 founded market capitalization and might be good investment areas for 2024.
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1. Toncoin
Current Price: $7. 391
Market Cap: $17. 84 billion1
Rank: 91
Toncoin is an utility token of The Open Network or TON project’s native cryptocurrency which envisions the creation of a blockchain ecosystem that is effective and accessible to the public. Since TON is a perfect candidate that attracts developers and users, it can have potential growth due to its relatively high throughput.
2. NEAR Protocol $NEAR
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Current Price: $7. 451
Market Cap: $8. 06 billion1
Rank: 171
Growing usability and adaptability are shown by NEAR Protocol as a competitive project in the context of blockchain solutions. Using it could be here due to the basic concept of its sharding technology, as well as the possibility of its further development by developers leading to its increasing adoption and, therefore, the increase in the price of its network.
3. Kaspa (KAS)
Current Price: $0. 181
Market Cap: $4. 33 billion1
Rank: 261
According to Kaspa, it’s considered to be the world’s fastest blockchain with the new blockDAG algorithm. As the project develops, it may become popular among users as a platform for decentralized applications and for purchasing in-game items and other goods for cryptocurrency, which would require fast and cheap operations.
4. Aptos (APT) $APT
Current Price: $9. 191
Market Cap: $4. 02 billion1
Rank: 281
Aptos is a Layer 1 blockchain whose key objectives are to ensure secure and highly scalable blockchain environments. It grabbed attention for the plans and the team that is behind it .
5. Arbitrum (ARB) $ARB
Current Price: $1.11
Market Cap: $3.23 billion
Rank: 34
Arbitrum is a Layer 2 scaling solution for Ethereum that aims to improve its transaction speed and reduce costs. As Ethereum continues to grow, solutions like Arbitrum could become increasingly valuable.
This list of cryptocurrencies has been compiled by giving consideration to its market standing today, as well as the latest in technology and future prospect. But efficacy depends again on sufficient independent research on the client’s part and acceptance of the innate risk of the cryptocurrency markets. It is also essential to remind the audience that this chart only displays historical data, and new results may differ significantly, especially when investing in cryptocurrencies.