With less than 25 days until the halving, the price of Bitcoin could soar. The incident stoked investor excitement as history whispered promises of potential gains. While Bitcoin prepares for this huge shift, emerging altcoins are also attracting attention. Free ban qun; danger; HSFS2209
Currently, the altcoin market is full of potential competitors, but determining which coins may become rising stars in the crypto field requires a comprehensive consideration of multiple factors, including technology, team, community support, application scenarios, etc. Comprehensive comparison, these four potentials are great.
FLOKI
Floki (FLOKI) is a meme-themed coin inspired by the Shiba Inu, or more specifically, Elon Musk’s dog of the same name. It is also a platform that inspires individuals to participate in the Web3 space and has made a splash in GameFi circles by launching Valhalla, a dedicated game that is part of the ecosystem and involves P2E elements.
As for its price performance, Floki’s price has been bullish on the charts, with a year-to-date (YTD) gain of 397.1%. And, with it rising 470.7% in the past 30 days, the price of Floki will soon reach new heights. Just in the past week, it rose from $0.0001653 to $0.000303, with price predictions that it may reach $0.000452 by the end of 2024.
CFX
Hong Kong concept: $MASK, $CFX Since the beginning of last year, Hong Kong’s attitude towards this area has been changing.
Coupled with the approval of the ETF this time, I feel that the Hong Kong sector can make bigger moves. At the same time, there is action on the $MASK chain, and the chips are relatively concentrated. At the end of last year, Murong Sui, the leader in Hong Kong, kept saying that there would be a Hong Kong carnival in April 2024, and CFX also kept bottoming out. Let me talk about the logic of CFX:
1: Conflux’s Bitcoin L2 testnet is expected to be deployed in March, and the mainnet is expected to be deployed in May.
2: Hong Kong Web3 Carnival from April 6 to 8, 2024. The Hong Kong concept may be hyped again in March just like in 2023.
It is estimated that before the subsequent Hong Kong Carnival starts, the Hong Kong sector will improve. Lina and ACH are both Hong Kong sectors. Everyone should add their own selections. When ambushing, be sure to watch the K-line. If there is a pullback, you can place a bottom position!
The current situation is that those with short positions must find opportunities to get on the bus. Those who already have bottom chips should be cautious!
SUI
Sui runs on a smart contract platform governed by a decentralized group of validators, contributing to the security and functionality of the network. The native token $SUI acts as a payment method for gas.
At the same time, users can choose to stake their $SUI tokens with validators in a delegated proof-of-stake model, thus promoting active participation in consensus and potential rewards. A prominent feature of Sui is its ability to reach consensus on individual transactions simultaneously, thereby enhancing scalability.
Taking a combination of technical indicators and market sentiment, the price of $SUI is expected to rise steadily. Forecasts show potential growth, with short-term forecasts pointing to an increase, while long-term expectations predict a larger rise, reaching $6.15 by 2030.
RLC
iExec RLC (RLC-USD) develops a distributed cloud infrastructure for high-performance computing by aggregating underutilized computing resources on the Internet. iExec enables users to leverage idle computing power to handle complex parallel processing jobs.
By paying resource providers in RLC tokens, the project builds a decentralized marketplace around cloud computing, aiming to disrupt centralized existing markets like AWS and Azure. With cloud spending topping $500 billion and growing rapidly, the concept of iExec could catalyze massive growth by capturing even a small portion of this market.
RLC has more than doubled since my last discussion. Still, the company, with a market capitalization of about $300 million, remains largely unknown. If retail and institutional capital continues to flow back into the cryptocurrency space, demand for iExec computing services could surge.
