Even though the United States Securities and Exchange Commission (SEC) recently approved the first exchange-traded fund (ETF) for Bitcoin (BTC), many cryptocurrencies are still not increasing.
However, some crypto projects seem likely to reach high prices in 2024. Ruby Currency has found three assets that might go up to around $1,000 in 2024 or at least come close to that price, more than other digital assets.
Binance Coin (BNB)
Binance Coin (BNB) has a high chance of reaching $1,000 in 2024 compared to other cryptocurrencies. This is because BNB, the token of the popular crypto exchange Binance, has been gaining value recently due to improvements in Binance’s system.
Currently, BNB is being traded at $296.95, showing a slight increase in the last 24 hours. It aims to recover from a recent drop and has gained 12.46% in the past month.
Quant (QNT)
Recently, Quant (QNT) might be moving differently than BNB. However, CoinCodex’s AI algorithms foresee a good year for Quant, with its value peaking around $800. This prediction is based on the team’s work to make different blockchain networks work together better.
Currently, Quant is being traded at $108.84. This shows a 6.82% increase for the day. The aim is to recover from the 7.74% loss of the past week and the 18.36% drop over the last month, according to the latest data from Ruby Currency.
Read Also: What is Staking in Crypto
Bittensor (TAO)
A new type of digital money called Bittensor (TAO) is gaining popularity because it offers a safe place for testing artificial intelligence (AI) programs on a special online platform.
This platform lets AI developers work together and get rewards. Bittensor is becoming more valuable, with its price going up by 20% in the last day, over 11% in the past week, and almost 15% in the last month. As of January 25, its price is $305.11.
Conclusion
Overall, these crypto assets have a good chance of reaching or coming close to the $1,000 price goal. But guessing their future price is tough because the market is so unpredictable. That’s why it’s important to do your own research and think about the risks carefully.
Disclaimer
The information on this website isn’t investment advice. Investing involves risks, and you could lose money when you invest.
