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There are thousands of options to choose from in today’s cryptocurrency market, each with their own strengths, weaknesses, potential, and track record. Here are 5 cryptocurrencies that have a future based on analyst coverage and price predictions from websites that use machine learning models, such as Trading Economics, Wallet Investor, or Coin Price Forecast.
Remember, this is not a recommendation on which cryptocurrencies you should buy or not, but rather a list of some of the biggest projects ranked by market cap so you can get a sense of which cryptocurrencies are most likely to explode in 2024.
1. Ethereum (ETH)
Ethereum (ETH) may not appear to be on the list of next-to-explode cryptocurrencies at first. It may go unnoticed. Most crypto investors are aware that it has been the second-largest cryptocurrency after Bitcoin for a long time. While Ethereum may have passed the point where it was considered a 1000x potential cryptocurrency, it still has a lot of room to grow. As the first blockchain to offer smart contracts, enabling developers to build decentralized applications (dApps), Ethereum has a critical position with a significant advantage over its competitors.
