The Web3 narrative is what sustains the cryptocurrency world. The fact that this realm has the power to influence and encapsulate the world via budding decentralized techniques is what makes the realm of cryptocurrency special from all sides. The space harbors investors of all kinds. Certain investors simply want to bask in the profitability that the sector offers in the long run.
However, certain investors and enthusiasts are keen to explore the developed side of the world and are here to know more about its power.
To keep the passion of such investors alive, here are the top three tokens one must stash if they truly honor the legacy of decentralized elements and ecosystems.
Also Read: 3 Reasons Why Cardano (ADA) Is Bound For A Future Breakthrough
Top Three Coins A Web3 Enthusiast Must Hold in Their Wallets
Cryptocurrency #1: Shiba Inu
Shiba Inu is unique in many ways. For instance, the token is dubbed the original, or OG crypto meme token, to have ruled the space. SHIB was one of the first coins to initiate and popularize the wave of meme coin mania, a phenomenon that changed the way monetization and profitability work.
Per Coinpedia, Shiba Inu is poised for a spike this year, surging as high as $0.00006697 in the process.
“If the price can continue to rise above $0.00003682, it could reach the target of $0.00006697 in 2024. Yet, if the SHIB price reverses, it could undoubtedly drop to $0.000010. Overall, the outlook for SHIB is positive, although there is still some risk of a decline.”
Cryptocurrency #2: Ethereum
A power-packed crypto coin packed with the essence of web3 decentralization, Ethereum is a blockbuster of a token when it comes to hoarding it as a web3 fanatic.
The blockchain offers elements such as EVM to develop versatile apps, and robust Turing-based smart contracts to encourage wider adoption and development of DeFi, the elements that truly represent the real face of a decentralized framework.
With Ethereum ETFs in the mix, the token is poised for a spectacular price hike shortly.
According to Coinpedia, ETH could gain up to $10,000 by the end of 2024, helping its fans double their money in no time.
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“Blazing past the overhead resistance, the ETH price pushes beyond the $4000 barrier. Moreover, the breakout rally signals a longer uptrend and avoids a death cross in the weekly chart. If the buyers cross the Ethereum market value above $5000, the bull run continuation can exponentially increase in 2024. With potential Spot ETF approvals and the Bitcoin Halving effect on altcoins, the price of ETH can reach $10,000.”
Cryptocurrency #3: Cardano
With Cardano’s modest price upticks this season, the currency has a long road to cover to gain its lost track. But despite encountering several price hurdles in its wake, the ADA ecosystem has emerged stronger than ever.
Cardano is built on a peer-reviewed scientific philosophy that gives ADA sound factual backing. At the same time, the ADA ecosystem pioneers a layered architecture in its chain, with CSL and CCL chains running in full mode.
Per Coinpedia, Cardano’s new price goal by the end of 2024 is to touch the $2 mark.
“The Cardano coin price brings a buying opportunity as it may soon cross $1 and reach the $1.5 mark. Therefore, with a bull run in 2024, Cardano prices may create a new swing high of $2.02. With an average of $1.695, the ADA prices could settle down to $1.37 by the end of 2024 due to exhaustion.”