Long awaited, today's rise in cryptos gives confidence to new investors and seniors, however this project does not stop there and each crypto has a significant growth project to see double, triple or even quadruple by the end of 2024
Here is an analysis on today's rise:
- BTC (Bitcoin): The first cryptocurrency, considered a safe haven, but also subject to fluctuations.
Bitcoin's growth could be influenced by increasing adoption as a means of payment and investment, as well as regulatory developments. Increasing adoption, regulatory developments, competition with other store of value assets.
- BNB (Binance Coin): The cryptocurrency of the Binance platform, linked to the growth of the Binance ecosystem.
- ETH (Ethereum): The second cryptocurrency by capitalization, with a growing ecosystem of dApps and DeFi.
- SOL (Solana): A fast and low-cost cryptocurrency, competing with Ethereum.
- PEPE: A memetic cryptocurrency, created for humorous reasons, with an active community.
- 1000SATS: A token created for music fans, with a mainly symbolic value.