March saw crypto prices spike massively. One does not have to look beyond BTC to understand the significance of this month to the industry. Not only did BTC cross its previous all-time high (ATH) of around $69,000, but surpassed the $70,000 threshold multiple times and fluctuates around that price at the moment.
When BTC rallies, so do other tokens, and they rallied greatly in March. For instance, ETH crossed $4,000 briefly, SOL, too, made it past $200 briefly, and BNB crossed $600 on various occasions, now fluctuating over that price. A long-time crypto analyst suggests two other top 10 crypto assets will witness massive price action in the coming months alongside a new entrant to the crypto market.
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ADA
ADA, the native asset of the “Ethereum killer” – the Cardano blockchain. While that title was adopted by the network’s community during Cardano’s introduction, it has yet to outpace the growth of the biggest dApp ecosystem in the blockchain space, Ethereum. Nevertheless, Cardano still houses a massive ecosystem of Web3 dApps, with new deployments taking place daily.
Offering a cheaper alternative to Ethereum’s executions, Cardano is the choice of many developers and users. For that reason, ADA is a powerful investment tool as it holds robust price points. The token has grown by over 70% in the past year, with higher growth only imminent in the coming months. Its current price of $0.646 will grow to cross $1 very soon, setting it up to overtake its previous ATH of over $3 in the coming months.
XRP
Although an old token in the crypto space, already having a place in the top 10 assets by market cap, XRP is witnessing a renaissance, a period of resurgence thanks to its native blockchain and the entity overseeing it emerging victorious from an embroiled lawsuit against the US SEC. The agency was at Ripple’s neck for multiple years, trying to end its existence, leaving investors confused about putting their money into the token despite the promising use cases offered by Ripple.
Now that the lawsuit is settled, XRP has nothing holding it back, with the analyst claiming it will reach massive heights in the coming months. Its network is observing increased adoption by enterprises looking to deploy their blockchain implementations. XRP shows 15% gains in the past year, trading at $0.623 currently. Like ADA, it is expected to go past $1 soon. Forecasts state that it will reach $4 by 2024 end, to surge past its ATH of $3.84 achieved in 2018.
NFTFN
NFTFN is a new entrant into the crypto space, unlike ADA and XRP, which are some of the biggest tokens. Nevertheless, that does not prevent the analyst from believing in its potential to get to 100X growth this year. The NFTFN token is still in its presale stage, offered at $0.025. According to the 100X predictions, it is forecasted to grow to $2.5 by the end of the year, making it a candidate for the highest-gaining token in 2024.
Such speculations come because of the platform it is native to, the NFTFN platform. It is a reimagined NFT trading application looking to set the NFT segment ablaze. Essentially, it takes a step away from regular NFT marketplaces, listing only blue-chip NFTs worth thousands, which users can interact with as little as $10 thanks to its novel index-based system.
The low entry barrier will attract several NFT enthusiasts and casuals to the platform, setting it up to become the next widely adopted Web3 application. As that happens, the NFTFN token will rise tremendously in price to make the expert prediction come true.
Conclusion
With March concluded, the next few months are expected to show a more fertile market and push tokens to increasing heights. ADA, XRP, and NFTFN look to be the next set of assets to get the biggest push from bullish forces as they get stronger through the year. Investors must include these tokens in their portfolios to benefit significantly.
About NFTFN
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
