Analysts pick 5 cryptocurrencies that can rally in 2024
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
With the crypto market rallying at the start of 2024, investors are actively looking for options. In this market environment, little-known low market cap projects can rally if they generate traction and adoption.
Here are five projects that can rally this year.
1. Bitcoin Minetrix
Bitcoin Minetrix is a stake-to-mine platform whose presale has raised over $8 million.
BTCMTX is available for $0.0127 at this presale phase.
Bitcoin Minetrix’s presale has drawn attention due to its staking feature, which allows holders to mine without expertise or advanced hardware.
According to Bitcoin Minetrix’s whitepaper, BTCMTX stakers earn yields that complements possible BTC mining rewards.
2. Meme Kombat
Meme Kombat is in final stage of its presale. So far, over $6.5 million has been raised.
MK, its native token, is available for $0.279 before listing on Uniswap.
Meme Kombat’s features include a virtual battle arena where crypto enthusiasts can bet MK on the outcomes of hilarious duels.
Those who choose the winner of each duel will be rewarded with additional MK.
The project is developed by founder Matt Whiteman, who has years of experience in crypto-gaming.
3. Sponge V2
Sponge V2 is the next iteration of the Sponge (SPONGE) meme coin.
SPONGEV2 is essentially an “enhanced” version of the original, offering play-to-earn (P2E) gaming integration and a stake-to-bridge model.
This model allows original SPONGE holders to lock up their tokens permanently and receive SPONGEV2 as a reward.
Currently, the reward rate is 357% APY.
For what the project plans to offer, it has ranked first on CoinSniper.net.
4. Sleepless AI (AI)
Sleepless AI combines artificial intelligence (AI) and blockchain in the hope of reshaping social gaming.
The platform plans to launch the first emotionally-driven metaverse, featuring advanced AI-powered companions that learn and adapt to each user.
With backing from Binance Labs and other investors, Sleepless AI raised $3.7 million and had its native AI token listed on leading exchanges in December.
The project is still in its early stages.
The token is currently available for $1.10.
5. Polygon
Polygon is a leading scaling solution for Ethereum.
It hosts over 7,000 decentralized applications (dapps) offering services in decentralized finance (defi), non-fungible tokens (NFTs), and more.
Its native token, MATIC, is changing hands at $0.84, 71% below its 2021 all-time high.
However, Polygon retains enormous community backing – with many analysts predicting that MATIC will recover in 2024.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
