- Ripple CEO is claiming the crypto market could reach $5 trillion by the end of 2024.
- Investors are looking for better opportunities to invest and gain lucrative profits if that happens.
- According to some analysts, Solana (SOL), Sui (SUI), and Borroe Finance ($ROE) could be some of the best altcoins to include in investment portfolios.
Ripple CEO, Brad Garlinghouse, is bullish on the crypto market, predicting that the crypto market cap could double and reach around $5 trillion by the end of 2024.
Garlinghouse believes spot ETF approval and the Bitcoin halving event will fuel this prediction. But he also emphasized the crucial impact of favourable U.S. regulatory changes on the crypto market’s growth.
The crypto community is understandably excited about this market prediction, with investors and analysts digging into the numbers to determine which tokens could be the best bets to capitalize on this growth.
Many experts believe SOL, SUI and Borroe Finance ($ROE) could be some of the top crypto coins to consider adding to your portfolio ahead of this market expansion. Let’s take a look at their reasoning.
Solana validators approve ‘Timely Vote Credits’
Solana validators have agreed on a “Timely Vote Credits” plan, which speeds up transactions. It does so by modifying the consensus vote latency. The proposal was passed on April 8 with 98% votes.
Besides, SOL was trading around $172 in the second week of April with minor fluctuations. Experts say it is near the crucial support level of $170. If it breaks down from here then, SOL might trade around $160 by mid-2024.
However, if Solana (SOL) price manages to stay above $172, then it could head towards $190 and eventually to $200. If the bullish momentum persists then SOL could trade around $250 by the end of 2024.
Is SUI ready to take off?
SUI has risen by 290% in the past year, from a low of $0.37 in October to its current price of $1.46. In mid-April, Sui was trading around $1.57 with the crypto market cap of $2 billion. SUI has been fluctuating between $1.35 and $2.15 in the past month.
Experts say SUI is in a downtrend now, with the support at $1.55. If it breaks below this support zone, then SUI could trade around $1.30 by mid-2024.
Still, many analysts are optimistic about SUI’s growth potential, with some indicating that if it breaks above the resistance level of $1.70, then it will move towards $1.80. By the end of 2024, SUI has the potential to trade around $2.50, according to a number of forecasts.
Borroe Finance presale on fire
Borroe Finance is attracting investors in its final stage of the presale. They raised over $3.66 million by selling over 282 million $ROE tokens. In Stage 5, $ROE is priced at $0.02 per token, and it will be listed at a price of $0.025 across several exchanges.
This will generate 25% profit for new investors. In addition, current investors are also enjoying a 15% bonus when they use a promo code (“WELCOME”), but data suggests there are now only 153 million $ROE tokens left to be sold.
Borroe Finance aims to revolutionize Web3 business funding through blockchain, AI-powered risk assessments, and smart contracts. It offers quicker access to capital by allowing businesses to mint and sell NFTs. These NFTs represent their future revenue.
ROE utilizes the Polygon blockchain for its efficiency and low fees. The team is experienced and always brings their best to the table. Some crypto analysts are predicting that Borroe Finance could be one of the best blockchain ICOs in the market today, which is why many investors are to HODLing $ROE tokens.
To learn more about Borroe Finance ($ROE), visit Borroe Finance presale or join their Telegram Group or follow Borroe Finance on Twitter.
The post Ripple CEO sees crypto market hitting $5T by year-end: here are the top 3 picks appeared first on CoinJournal.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments