3 Crypto Coins Predicted to Double in 2024
A number of sentiments are expected to increase the valuation of crypto coins in 2024. For investors, it is worth noting that there are several coins that are predicted to bring in multiple profits.
According to Nasdaq.com, not only are interest rates expected to fall, but upcoming ETFs are also expected to be approved for several leading cryptocurrencies.
As the investment landscape improves, investors' risk appetite will return. This means that one can increase his overall profits (and also his risk-adjusted rate of return) by investing in these assets.
Therefore, here are three crypto predictions to help investors understand the market:
Bitcoin (BTC)
The highly anticipated Bitcoin (BTC-USD) halving event later this year is definitely happening. Since there will be no more Bitcoins, its maximalists will tell you that there is no need to use other networks either.
Among the most passionate and knowledgeable, Bitcoin is considered the only true cryptocurrency. The rest were derided as failed projects or frauds. This perspective has several benefits. Blockchain technology essentially does not contain the often advertised benefits of decentralization, security, or immutability.
Ethereum (ETH)
Binance Coin (BNB
