The world of crypto is constantly evolving, and new #Altcoins are emerging all the time. Lets Take a look, these top 5 altcoins on my list that have the potential to make waves in the market.
🔹️Vechain
Vechain seeks to develop an ecosystem that addresses significant data challenges for numerous international industries using distributed governance and IoT technologies. Vet is creating the digital infrastructure that will support the fourth industrial revolution, which calls for real time and trustless data sharing between numerous participants. Vechain is doing this by utilizing the power of trustless data.
Based on its VechainThor public blockchain, the platform manages and creates value using two tokens, VET and VTHO. VET creates VTHO and serves as a medium for the storage and transfer of value. In order to avoid using VET when writing data, GAS expenses are covered by VTHO. A flexible L1 smart contract platform for businesses is called VeChain (VET).
👉 Vechain price today is $ 0.036845 with a 24 hour trading volume of $ 65.21M, market cap of $ 2.68B, and market dominance of 0.12%.
The VET price increased 5.08% in the last 24 hours.
Price has increased by 77% in the last 1 year.
Based on the historical price movements of VeChain the yearly low Vet price prediction for 2024 is estimated at $ 0.032319. Meanwhile, the price of Vet is predicted to reach as high as $ 0.137656 next year.
🔹️Cardano
Cardano, also known as the "Ethereum killer," is a PoS blockchain. It aims to give the chance for positive global change to be brought about to innovators, visionaries, and changemakers. Gerolamo Cardano, an Italian polymath, inspired the 2017 founding of Cardano.
The coin’s creators claim that it has compelling use cases that will make it possible to develop decentralized apps and smart contracts in a modular fashion. Following Charles Hoskinson’s announcement that the Alonzo hard fork would take place in August 2021, the price of Cardano rallied by 116% the following month.
👉 Cardano price today is $ 0.463336 with a 24 hour trading volume of $ 596.30M, market cap of $ 16.52B, and market dominance of 0.72%. The ADA price increased 1.48% in the last 24 hours.
Price has increased by 18% in the last 1 year.
Based on the historical price movements of Cardano, the yearly low Ada price prediction for 2024 is estimated at $ 0.415957. Meanwhile, the price of Ada is predicted to reach as high as $ 2.35 next year.
🔹️Saga
Saga Chain is a Layer 1 network built on the Cosmos SDK with limitless horizontal scalability potential. It enables web3 game developers to seamlessly spin up their own parallelized, Virtual Machine independent, and interoperable chains called "Chainlets".
The entire Saga protocol is powered by its native SAGA token, which is used for accessing decentralized governance, staking, paying fees, and rewarding Chainlets validators within the network.
Since its inception in 2021, the company has closed three private funding rounds with top tier funds and investors, including Polygon Studios, Hypersphere Ventures, SamsungNext, and others, securing over $15M.
👉 Saga reached its ATH of $7.89 on April 9, 2024, marking a significant milestone.
The price movement of SAGA crypto indicates a downward trajectory, encountering resistance from the trendline.
Based on the historical price movements of Saga, the yearly low Saga price prediction for 2024 is estimated at $ 3.38. Meanwhile, the price of Saga is predicted to reach as high as $ 16.58 next year.
🔹️Alogrand
Algorand is a self sustaining, decentralized, blockchain based network that can support a variety of applications. These systems possess the vital characteristics of security, scalability, and effectiveness required for fruitful applications in the real world. It aims to speed up transactions and improve efficiency. It is constructed using a blockchain protocol that exclusively employs pure PoS with no additional permissions.
👉 Algorand price today is $ 0.188312 with a 24 hour trading volume of $ 158.85M, market cap of $ 1.53B, and market dominance of 0.07%. The ALGO price increased 4.40% in the last 24 hours.
Price has increased by 6% in the last 1 year.
Based on the historical price movements of Algorand, the yearly low Algo price prediction for 2024 is estimated at $ 0.154274. Meanwhile, the price of Algo is predicted to reach as high as $ 0.264737 next year.
🔹️Chainlink (LINK)
Market cap: $6.2 billion
Released in April 2021, LINK is a decentralized system of nodes that connects an on chain smart contract to data and information from outside a blockchain. For those new to crypto lingo, smart contracts function similarly to paper contracts. That’s except for the fact that these digital contracts set up protocols on a blockchain. And one of the functions that Chainlink boasts is performing custom computations with different data and accessing many APIs.
👉 Chainlink price today is $ 13.93 with a 24 hour trading volume of $ 502.29M, market cap of $ 8.18B, and market dominance of 0.36%. The LINK price increased 2.87% in the last 24 hours.
Price has increased by 98% in the last 1 year.
Based on the historical price movements of Chainlink, the yearly low link price prediction for 2024 is estimated at $ 13.64. Meanwhile, the price of link is predicted to reach as high as $ 95.01 next year.