The post Top Cryptos to Watch in 2024 appeared on BitcoinEthereumNews.com.

In this guide, we are going to discuss some large-cap cryptocurrencies that might be worth the attention of newbies and pro investors. As the crypto segment is gaining momentum after the 2021-2022 crypto winter, large-caps are among the most obvious opportunities on digital asset markets. Top cryptos to watch in 2024: Highlights The largest cryptocurrencies by market capitalization are responsible for over 85% of the aggregated crypto sphere market cap. While low-cap and mid-cap altcoins can provide more lucrative investment opportunities, the largest cryptocurrencies by market cap are less volatile and, therefore, more predictable on every stage of the crypto market cycle. Bitcoin (BTC) is likely to remain the largest crypto by market cap; the community is waiting for a new rally to happen in 2024-2025. Ethereum (ETH) will retain its status as the largest smart contracts platform of paramount importance for the entire DeFi ecosystem. The status of potential securities in U.S. jurisdictions will not affect the popularity of Cardano (ADA), Solana (SOL), Avalanche (AVAX), Chainlink (LINK) and so on, while Polygon (MATIC) will be replaced by POL as the core token of the Polygon ecosystem. U.S. Dollar Tether (USDT) and USD Coin (USDC) will likely remain the two dominant stablecoins, though USDC might be replaced by Dai (DAI), the largest decentralized stablecoin. The legal statuses of XRP and Binance Coin (BNB) are now much more optimistic than a year ago as Ripple and Binance teams managed to get by with little blood in the savage battles with U.S. regulators. Core cryptocurrencies of leading Ethereum-based L2 platforms Arbitrum (ARB) and Optimism (OP) will remain in the spotlight for the global community. Despite the fact that the craziest days of the meme coin frenzy are gone, Dogecoin (DOGE) and Shiba Inu (SHIB) will keep their audiences. At the same time,…

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Filed under: News - @ January 2, 2024 1:14 am