7 Cryptos Expected to Outperform Bitcoin: Recently, the price of Bitcoin has been rising quickly, reaching over $49,000 per token. In 2024, Bitcoin is expected to continue increasing in value because of important events like the halving in April. However, experienced cryptocurrency investors understand that smaller altcoins sometimes perform better than Bitcoin, especially when the market is doing well.
I’ll check out seven cryptocurrencies that I think might do better than Bitcoin next year. Some of them are smaller in size, which means they could grow a lot. But don’t worry, a few of these are well-known and should give steady returns. Most of them, though, are more risky bets that could skyrocket in value if things go right. Let’s get started!
Ethereum (ETH-USD)
Ethereum has consistently done better than Bitcoin each time it goes through a cycle. I think this time won’t be any different. Ethereum is the main force behind the development of Web 3.0, so it looks set to grow a lot in 2024.
Lots of popular apps and projects that use non-fungible tokens (NFTs) are being made on Ethereum, showing that it’s still the best platform for smart contracts.
Ethereum changed how it agrees on transactions, which slowed down how fast new Ethereum coins are made. This means Ethereum is now the second-largest cryptocurrency that reduces in supply over time. Because Ethereum is now burning more coins than it’s making, the price could go up a lot. Also, since more people are making new apps on Ethereum, more people will want to use Ethereum, which could make its price go up even more.
I really believe in Ethereum because it’s connected to some really promising virtual world, decentralized finance (DeFi), and digital art projects that all use Ethereum’s network. These projects need Ethereum to do transactions and run special contracts. As these new areas grow, more people will start using Ethereum too. Since lots of people already use it, I think Ethereum will keep growing faster than Bitcoin.
Ethereum has really good security because many people help make sure it’s safe. It’s very hard for bad guys to attack it because of this. Right now, Ethereum is the most important player in the world of Web 3.0. Unless something unexpected happens, I think Ethereum will keep getting more valuable in 2024.
Kaspa (KAS-USD)
One of the main problems in the world of cryptocurrencies is how to make them work smoothly when a lot of people are using them. But Kaspa, a cryptocurrency (KAS-USD), has found a smart way to deal with this issue using something called GHOSTDAG.
GHOSTDAG is a special way of organizing transactions that’s different from the usual blockchain method. It lets lots of transactions happen at the same time, making it faster for everyone involved. This means Kaspa can handle a huge number of transactions very quickly.
In a time when Ethereum fees can sometimes slow down apps, it’s smart for blockchain projects to check out other options like Kaspa. Kaspa is pretty flexible because it uses a mix of PoW and PoS for agreement and can be used for both public and private networks. Because of this, I think Kaspa has a lot of potential for growth, even though early investors have already seen good returns.
Libra Incentix (LIXX-USD)
Libra Incentix (LIXX-USD) looks like it’s going to have a big jump in 2024 because it’s teaming up with well-known companies in the sports and shopping world. Libra’s loyalty program is now working with ComAve, a popular online store known for working with big football clubs like AC Milan and Crystal Palace.
Also, Libra Incentix is working together with Tamias POS, which is also making deals with famous sports teams and brands. Libra is the only one providing loyalty tokens for these platforms, giving fans a special reward system.
LIXX is being used as the main loyalty system for big companies in this growing market. This will make more people use it in real life. As LIXX gets more involved in popular fan activities and shopping with important partners, Libra could become one of the top cryptocurrency projects for reaching users.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.
