The cryptocurrency market is growing more and more. Today, cryptocurrencies are already recognized as investments. Bitcoin is the biggest highlight of digital currencies.
So, let’s find out which cryptocurrencies will see the biggest growth in 2024. Is the cryptocurrency market booming? Let’s take a look:
Ethereum ($ETH )
Along with Bitcoin, Ether, or Ethereum, is a well-known cryptocurrency on the market. Therefore, Ether has generated an appreciation of 13.67% in 2024. The cryptocurrency had already reached an appreciation of 77% in mid-March, however, the digital currency ended up depreciating in the following months, but still maintains a good appreciation in the year.
Bitcoin ($BTC )
Bitcoin is the leading cryptocurrency and the pioneer of this attractive and innovative market. Created in mid-2008, Bitcoin is expected to appreciate by almost 60% by 2024. However, the digital currency also experienced a more robust appreciation in July, when it was up 81%.
Solana ($SOL )
Another cryptocurrency that gained value in 2024 is Solana. With gains reaching 45.44%, Solana is a digital currency that seeks to offer speed and low cost in transactions. Also in 2024, Solana appreciated by more than 82% in March. However, like other digital currencies, the cryptocurrency also lost part of its gains over the months.
However, it is important to note that past gains may not materialize in the future. Therefore, it is essential to recognize that the cryptocurrency market is extremely volatile and uncertain. Therefore, large increases in value, as well as sudden decreases in value, can occur.
