😱🚀🚀3 Altcoins with boom potential in 2024
1. NEAR Protocol (#NEAR )
NEAR Protocol ($NEAR ) is making waves as a decentralized cloud computing solution. It effectively tackles common blockchain challenges such as slow transactions, limited scalability, and poor interoperability. NEAR is listed as the 19th cryptocurrency on CoinMarketCap, boasting a market cap of $5 million.
The price of NEAR has increased by 5% in the last 24 hours and more than 3% over the last three days. This trend underscores a substantial annual increase of 256%, positioning NEAR as a potential artificial intelligence-driven crypto market leader by this summer.
Polygon ($MATIC ) has become crucial in boosting Ethereum’s performance and reach, adding to its scalability and interoperability without altering its original framework. By implementing sidechains, Polygon enhances Ethereum’s processing capacity and slashes costs per transaction, benefiting its extensive user base.
The recent performance of MATIC is noteworthy, skyrocketing by 10,079% since its inception. Currently, the price of Polygon is at $0.4924, reflecting a 1.26% increase over the past day. With a market cap of $4.87 billion, it holds the 20th position on CoinMarketCap, indicating it could be a significant asset to monitor this summer as the market shows signs of recovery.
TRON ($TRX
) has emerged as a prominent decentralized digital entertainment sector player. Over the past year, the platform has seen a remarkable 67% increase in value, drawing significant attention and engagement from investors. The Total Value Locked (TVL) on TRON has also expanded, demonstrating its growing role in the decentralized finance (DeFi) ecosystem.
TRX trades at $0.13 with a market capitalization of $11 billion, positioning it as the 11th largest cryptocurrency on CoinMarketCap. This places it above other notable cryptocurrencies like SHIB, with a market cap of $11.31 billion, reflecting strong investor confidence.
