The post 3 cryptocurrencies to turn $100 into $1,000 for end of 2024 appeared on BitcoinEthereumNews.com.

In recent months, the crypto market has assumed an aura of frustration – if not outright despair – for those investors seeking to take advantage of cryptocurrencies’ tendency to rapidly multiply their value during bull cycles. Crypto greats such as Bitcoin (BTC) and Ethereum (ETH) have been mostly stagnant but also featured significant price drops – such as the ones they are experiencing at the time of publication – while even the meme coin ‘fiesta’ is said to be near its end. Despite the recent trends – and despite some believing the crypto bull market may already be at its end – there are still many who believe that the June downturn is but a quiet period in a cycle that will soon reignite and take numerous digital assets to ever higher highs. Whatever the case for the broader crypto market may be, there remain several coins and tokens that hold the potential for rocketing before the end of 2024. Solana (SOL) As of late June 2024, Solana (SOL) finds itself in a precarious position. The fact that it has been such a popular blockchain for millions of new projects has exposed the Solana network both to criticism and potential legal issues – if recent rumors of a ‘huge case’ are true. Additionally, the SOL ecosystem came under fire on June 27 after a 90% drop in stablecoin daily volume made many suspect wash trading was used to inflate the numbers, and that much of Solana’s popularity amounts to little more than smoke and mirrors. Despite this, SOL has also proven to rapidly surge on positive news as it did after VanEck’s plans to establish a trust for the token were unveiled. Given that Solana is considered the likeliest cryptocurrency to have an exchange-traded fund (ETF) approved – after Ethereum,…

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Filed under: News - @ June 28, 2024 4:18 pm