We’re done with the first month of 2024 and as we commence in February, let’s also embark on the continuous fun and challenges in the crypto market. You might also consider discovering old and new tokens with huge potential for great returns this year.
With thousands of different cryptocurrencies in the market, it could be overwhelming to get started. But when you think of your $15 investment turning into $1500 by the end of the year, you must consider investing in these 3 crypto tokens that could give you a massive profit.
Cardano is one of the crypto projects that has significant potential aside from being an asset that gets traded for profit. Since 2017, its technical foundation and the team’s ambition have made ADA one of the top cryptocurrencies in the market.
Cardano (ADA) has been volatile these past few months but is still showing long-term potential due to its ongoing developments such as the dynamic P2P networking and the Ouroboros Genesis – an enhanced security dynamic environment.
As of this writing, the Cardano (ADA) price is $0.4934 taking the 8th spot in the entire crypto ecosystem. In the last 24 hours, ADA is down by 3.39% but up by 4.79% in the last 7 days. Based on ADA’s price prediction forecast for 2024, its price could range from $0.479 to $0.563 showing a potential ROI of 12.2%. Despite its current price, investing in Cardano could still gain major returns this year.
Created in 2014, Stellar is a P2P decentralized network connecting the world’s financial systems and ensuring a protocol for payment providers and financial institutions. Its native token XLM, acts as a bridge between people, banks, and payment processors, facilitating smooth transactions across different cryptocurrencies.
Stellar remains having positive attention from investors who are interested in independent decentralized projects. One of its recent developments Protocol 20 is introducing Soroban smart contracts enhancing Stellar’s capabilities further. In addition, Stellar Development Foundation has increase its funding for new projects through the Stellar Community Fund adding another layer of potential growth.
The XLM price today is $0.109038 with a 24-hour trading volume of $79 million. Based on Stellar (XLM) price prediction for 2024, the minimum price of Stellar will be $0.104 and the maximum level can reach to $0.115. Analysts
Retik Finance (RETIK)
This new cryptocurrency has been making noise in the crypto community and has attracted significant attention from small to the biggest investors in the crypto market.
RETIK stands as a dynamic DeFi token built within the Ethereum mainnet adhering to the ERC20 standard. This project includes futuristic features such as DeFi debit cards, AI-powered P2P lending, a Smart Crypto Payment Gateway, and a Multi-chain Non-custodial Highly Secured DeFi wallet.
One of the factors to consider for RETIK’s potential for massive returns is its ongoing presale. RETIK is almost done with its 8th presale stage priced at $0.10 with over 279 million tokens sold raising over $18 million in funding. As a result, early investors have not only witnessed their investment grow but now enjoying a quick profit of over 15%.
With major crypto platforms supporting the project, Retik Finance will continue to make waves in the DeFi space anticipating its potential for a massive surge in 2024.