13 Predictions for the Cryptocurrency Market in 2024

1. The first spot Bitcoin ETF is expected to be approved, triggering capital inflows to triple.

2. The fourth Bitcoin halving will allow low-cost miners to counterattack and achieve a 10-fold increase.

3. Bitcoin is expected to hit a record high in the fourth quarter of 2024.

4. Ethereum may not catch up with Bitcoin, but it will surpass all large technology stocks.

5. After the Cancun upgrade, Layer 2 will dominate the Ethereum ecosystem, and decentralized exchanges (DEX) on each chain will usher in vigorous development.

6. Platforms such as OKX, Bybit, Coinbase and Bitget will compete with Binance for the leadership position in spot trading with their abundant funds.

7. NFT popularity is expected to hit a new high.

8. The market value of stablecoins is expected to reach more than 200 billion US dollars.

9. The decentralized exchange (DEX) for new tokens is actively launched, and the spot trading market share is expected to reach a new high.

10. The phenomenon of “Bitcoin pledge” may occur.

11. It is expected that a truly eye-catching chain game will emerge.

12. DeFi’s total value locked (TVL) has rebounded, and Solana is expected to surpass Ethereum in performance.

13. The DePin track will become a new opportunity.

Invest in the currency circle, follow Brother Hu, and we will accompany you through the bulls and bears together!