In the largest economic power of the world, the United States, a new panorama is opening for the crypto market, which has promising consequences. This statement was made by the investment company Pantera Capital.
In a new report, experts note the imminent opening of the Ethereum ETF and the approval of the FIT21 bill, which establishes a regulatory framework for the cryptocurrency. The company emphasized that digital assets can benefit greatly from this. Thus, now is the right time to buy the promising new cryptocurrencies of 2024.
TOP 8 NEW CRYPTOCURRENCIES THAT MAY GROW IN 2024
Industry analysts believe that the next season of altcoins will begin already this summer. Here are the new cryptocurrency projects to watch to prepare for the rally.
- PlayDog is a coin earning app with 8-bit pixel art style gameplay.
- Base Dawgz – new cryptocurrency 2024 on the dog theme, which recently started its pre-sale.
- WienerAI — a meme coin that combines artificial intelligence and passive income.
- SOL — a cryptocurrency and decentralized ecosystem that supports up to 65,000 transactions per second.
- PEPE — a meme token that increases as interest in the altcoin market grows.
- SHIB is a popular meme coin known for its large value gains during bullish rallies.
- Toncoin — an ecosystem that hosts various protocols, cryptocurrencies and decentralized applications worth more than $600 million.
- HNT is a project that offers internet connectivity through a decentralized network and mining rewards.
Crypto analyst Michael van de Poppe notes that the market expects significant growth in the second half of 2024. The reason is that the Ethereum ETF is scheduled to launch. The expert also warns that money in bitcoins can go to Ethereum, and therefore to new cryptocurrency projects in 2024.
At the beginning of May, the trader invested all his funds in altcoins. Although they have not yet produced the expected profits, Van de Poppe said that he is not changing his position at the moment. The analyst is confident in this strategy and is happy to keep capital in relatively new assets.
