WHERE TO INVEST FOR 2024?

Bitcoin (BTC)

Therefore, we start with what could be one of the main cryptocurrencies for 2024: bitcoin. “With the halving expected to take place in April, the supply of BTC on the market tends to be reduced. So, even if the price impacts are not immediate, history shows that the repercussions in the medium term are usually very positive”, says the expert.

Ethereum (ETH)

The second largest virtual currency by market value in the world, Ethereum could also stand out as one of the promising cryptocurrencies for 2024.

Polygon (MATIC)

Along the same lines, Polygon (MATIC) is also undergoing an important update. “The community voted and integration between blockchains should be made even easier. In fact, the creation of a new crypto called POL was approved, which should replace MATIC within a considerable period of four years, according to blockchain documents”, states Fernandes. The analyst comments that this is an important trigger, as it shows that the project continues to evolve.

Avalanche (AVAX)

And we have reached the end of our list of promising cryptocurrencies for 2024. According to the expert's analysis, Avalanche (AVAX) has also generated a lot of attention about it. “This is because, recently, JP Morgan bank chose this blockchain to serve as a basis for tokenization and asset management. If the project is successful, it is possible that other large companies will follow the platform to develop their own solutions”, he argues.