Finding promising cryptocurrencies can be challenging, especially for investors new to the rapidly changing crypto landscape. However, the 3 cryptocurrencies below are predicted to increase significantly over the next few years, perhaps even in just a few months.
Solana (SUN)
Solana is famous in the crypto community for its fast processing times. SOL's hybrid protocol enables transaction processing and smart contract execution much faster than other platforms. Institutional interest is also high due to Solana's fast transaction speed.
Currently, SOL price fluctuates around 139.87 USD, with about 3.4 billion USD traded in the past 24 hours. Analysts forecast that SOL will range from 135.59 USD to 206.43 USD in the last months of 2024. One of Solana's important contributions is the Proof-of-History (PoH) mechanism, founded by Anatoly Yakovenko. This mechanism helps improve the scalability of the protocol, contributing to the strong development of DeFi applications and services on the Solana ecosystem.
Uniswap (UNI)
Uniswap recently became the most active decentralized exchange (DEX), with a total trading volume of more than 2 trillion USD. The recent launch of Uniswap V3 and the strong support from the community shows the great progress the platform has made in DEX trading efficiency.
Uniswap uses automated techniques to solve the liquidity problem, helping to improve performance without the challenges of early decentralized exchanges.
The UNI token reached its peak in March 2024 at a price of 15.4 USD. While the UNI price dropped to $10.22 in mid-June, analysts believe the recovery will be quick thanks to increased trading activity on the DEX.
PepeCoin (PEPE)
PEPE aspires to become one of the leading meme-based cryptocurrencies. With a tax-free policy and transparency, PEPE attracts many investors.
PEPE set a new record at the end of May 2024, far exceeding the expectations of many analysts who forecast that it would trade between $0.00000196 and $0.00000240 in 2024. Currently, all eyes are on headed to PEPE to see if this meme coin can deliver another major bull run for investors.
