10 Cryptocurrencies You Should Know in 2024

As 2024 approaches, the cryptocurrency market is showing signs of an upward trend, with Bitcoin leading the way. This positive momentum is expected to extend to several altcoins, including Solana (SOL), Sui (SUI), Sei (SEI), Aptos (APT), Near Protocol (NEAR), Osmosis (OSMO), Maverick Protocol (MAV) , LeverFi (LEVER), Arbitrum (ARB), Optimism (OP) and the new cryptocurrency ScapesMania. These cryptocurrencies are attracting attention as potential candidates to watch before the end of 2024.

Cryptocurrency illustration

ScapesMania: A promising newcomer

Many cryptocurrency experts are already considering ScapesMania as a promising project for 2023 and beyond. This new player has already raised over $2,893,000 in capital/sales, with $60,000 to $109,000 raised each day.

ScapesMania is currently in its pre-sale phase, offering cryptocurrency enthusiasts the opportunity to take advantage of the first mover by purchasing tokens at a hefty 50% discount. After the end of the presale, the price of the final stage of the sale will be $0.01 per token, which is higher than the current value of the coin.

A distinct ScapesMania value

Looking at the tokenomics and characteristics of ScapesMania, it appears to be a potential value among altcoins to hold. The game’s new core idea, eye-catching pre-sale numbers, significant social media hype, and other positive aspects can potentially add value to the token in the long run.

ScapesMania holders therefore encourage others to join the pre-sale and support this great project so that everyone can reap the rewards.

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Solana (SOL): Network Activity and Market Impact

Solana (SOL) has seen a significant increase in value recently, with a reported increase of more than 100%. The increase is attributed to strong network activity and an expanding ecosystem that continues to attract users and developers alike. The performance of the network, characterized by a high rate of transactions per second (TPS) and a significant number of bets, underlines its increasing utility and security. Additionally, the launch of Solang, Solidity’s smart contract writing platform, demonstrates Solana’s (SOL) commitment to innovation and developer support.

The price of Solana (SOL) has seen a remarkable rise, doubling its value in a short period of time. Despite the slight decline, the overall trajectory remains positive, which demonstrates a dynamic and solid ecosystem. The network’s focus on complexity and hosting well-known protocols such as Marinade Finance and Orca further strengthens its position as a versatile and powerful blockchain platform.

Going forward, the price of Solana (SOL) can continue to benefit from its strong on-chain activity and strategic focus on composability. Recent platform innovations and consistent performance could attract more developers and users, which could increase the price. However, it is essential to consider the competitive environment and inherent volatility of the cryptocurrency market, which could pose challenges to sustainable growth.

Sui (SUI): Preparing for DeFi Expansion

Sui (SUI) is gaining momentum in the DeFi space, with lending protocol Solend announcing its imminent launch on the Sui (SUI) blockchain. The move is expected to boost Sui’s (SUI) momentum in DeFi, which has already seen a significant increase in total value locked (TVL). Known for its user-friendliness and efficient parallel processing, the Sui Network (SUI) offers low latency and high scalability, making it an attractive platform for DeFi applications.

The impending launch of Solend and the growing capabilities of the DeFi network point to a positive outlook. The network’s focus on security, speed and developer support could contribute to increased adoption and potentially positively impact the market value of Sui (SUI).

The future looks bright for Sui (SUI), especially with major protocols like Solend growing on its platform. The network’s technological advantages and the growing DeFi ecosystem could lead to further interest and adoption. However, as with any blockchain platform, challenges related to scalability, security and market competition may affect the future trajectory of its price.

Sei (SEI): Market enthusiasm and rising prices

The Sei (SEI) was on an uptrend and hit new all-time highs. The rapid rise in prices, especially since mid-December, indicates strong market interest and bullish sentiment. Technical analysts using Elliott Wave Theory suggest that this upward move is likely to continue, reflecting positive investor psychology and market momentum.

The price of Sei (SEI) has seen rapid growth and reached new all-time highs. This rally is supported by bullish daily candles and positive outlook from cryptocurrency traders and analysts.

The future of Sei (SEI) looks bright based on its recent performance and bullish market sentiment. Continued interest and positive market momentum could further propel its price. However, potential resistance levels and market volatility can pose challenges. Traders and investors will need to keep an eye out for any signs of a trend reversal or market correction.

Aptos (APT): Network growth and TVL breakthrough

Aptos (APT) has launched registrations that could have a significant impact on the number of transactions and network activity. Total Network Locked Value (TVL) reached $100 million, indicating a positive trend and growing interest in the platform.

Aptos (APT) maintains a strong uptrend with recent gains and a modest increase in trading value. The Relative Strength Index (RSI) shows the strength of this dominant trend, indicating continued market interest and bullish sentiment.

The future of Aptos (APT) looks bright, with the potential for increased transactions and continued interest in the platform. The introduction of registrations and the increase in TVL are positive indicators. However, market reaction to the upcoming token issuance and general market conditions could affect its price trajectory.

Near Protocol (NEAR): Parabolic Price Journey

Near Protocol (NEAR) has seen a significant increase in its price, going parabolic in recent days and reaching a high of $3.44. This growth is supported by bullish indicators on weekly and daily time frames, indicating strong bullish momentum.

Shares of Near Protocol (NEAR) have broken out of long-term and short-term horizontal resistance, indicating a strong uptrend. The price is rising rapidly with the potential for further gains if it holds above a particular resistance level.

The outlook for Near Protocol (NEAR) is bullish with the potential for further price growth if it maintains its current momentum. However, a close below the critical level could trigger a significant decline, highlighting the importance of support and market sentiment in future price action.

Discover Emerging Cryptocurrencies: Osmosis (OSMO), Maverick Protocol (MAV), LeverFi (LEVER), Arbitrum (ARB), Optimism (OP)

In the ever-changing world of cryptocurrencies, where established names like Bitcoin and Ethereum often dominate the conversation, several emerging coins and protocols also deserve attention. These projects, while perhaps less well-known, are making significant progress in their fields, offering unique features, solving complex problems, and winning the favor of users and investors.

Shares of Osmosis ( OSMO ) surged a remarkable 272%, demonstrating strong market interest and bullish sentiment. Despite some setbacks, the overall Osmosis (OSMO) market structure remains robust and promising.

The Maverick (MAV) protocol has been integrated into the zkSync Era network by Binance, greatly improving its availability and market presence. This development reflects the growing recognition and potential of the Maverick Protocol (MAV) in the wider crypto ecosystem.

LeverFi (LEVER), formerly known as RAMP DEFI, has seen a remarkable 40% increase in price in a single day. Sustained performance above the 200-day simple moving average suggests a bullish market outlook for LeverFi (LEVER).

Arbitrum (ARB) has reached a major blockchain scaling milestone with over 1 million LP positions on Uniswap v3. This success not only boosted Arbitrum’s ( ARB ) price, but also solidified its status as a leading second-tier solution.

Optimism (OP) is facing a potential market shake-up with $82 million worth of tokens lined up for release. Despite the recent surge, the upcoming Optimism (OP) token unlock event could lead to increased volatility and price swings.

Conclusion

As 2024 approaches, the cryptocurrency market is on an upward trend led by Bitcoin and led by a diverse group of altcoins, each with unique potential. ScapesMania, a promising novelty, attracts attention with a successful pre-sale and an innovative concept. It is very easy to see why so many cryptocurrency experts have chosen ScapesMania as one of their top picks for 2024.

Website: https://scapesmania.io/

Twitter: https://twitter.com/ScapesMania

Telegram: https://t.me/scapesmania

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Editor C.

Cointribune’s editorial team unites their voices to comment on topics specific to cryptocurrencies, investments, metaversions and NFTs, doing their best to answer your questions.

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