2024 is almost inching toward its end, and the cryptocurrency market is buzzing with new coins and tokens full of promising potential and grit. Certain coins have peaked dramatically in the last few months, while some have tanked to hit new lows. Here’s what AI thinks about the next breakout stars of 2024.
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3 Best Coins For Breakout Profits in 2024
1. Polygon (MATIC)
Polygon is a layer-two scaling solution for Ethereum, which was initially curated to address issues related to high transaction fees and slow speeds. Matic has since then evolved to forge its own identity as AI labels it as the next breakout coin of the year 2024. Its rapid adoption of Ethereum-based applications and stellar collaborations with various firms make it a coin to stash early and hold.
According to CoinCodex, Matic may surge to hit the $1.53 mark by the end of March 2025. At present, the token is trading at $0.37. By the end of 2024, MATIC may spike to hit $1.90 by January 1, 2025.
According to our current Polygon price prediction, the price of Polygon is predicted to rise by 304.07% and reach $1.533279 by April 1, 2025. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 37 (fear). Polygon recorded 16/30 (53%) green days with 3.04% price volatility over the last 30 days. Based on the Polygon forecast, it’s now a bad time to buy Polygon.
2. Cardano (ADA)
Cardano is dubbed a true decentralized cryptocurrency known for its elements of sustainability and design. Cardano’s recent Chang Hard Fork has delivered governance features to the platform, making it an apt community-driven cryptocurrency chain to explore to the fullest.
Cardano is in the queue to surge to sit at a new price level of $0.87 by April 2025. ADA may spike to sit at $0.82 by January 1, 2025.
According to our current Cardano price prediction, the price of Cardano is predicted to rise by 150.59% and reach $0.874131 by April 1, 2025. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 37 (fear). Cardano recorded 18/30 (60%) green days with 6.88% price volatility over the last 30 days. Based on the Cardano forecast, it’s now a bad time to buy Cardano.
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3. Solana (SOL)
Solana has undoubtedly emerged as the ultimate crypto king of 2024. SOL has received immense attention for its meme coin output, as the chain hosts some of the most notable cryptocurrency meme coins in the space.
At the same time, the SOL Ecosystem is bustling with new innovations as its DeFi market grows to new levels. Solana’s meme coin WIF has recently flipped Shiba inu in 24 hours of on-chain trading, playing an integral role in changing traditional crypto mechanisms.
Solana is on track to sit at a new price level of $143 by the end of this year. SOL is currently trading at $141. It may soon surge to sit at $282 by April 2025.
“According to our current Solana price prediction, the price of Solana is predicted to reach $282 by April 1, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 42 (fear). Solana recorded 17/30 (57%) green days with 7.10% price volatility over the last 30 days. Based on the Solana forecast, it’s now a bad time to buy Solana.”
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