Pro-Ripple (XRP) Expert Reveals Top 10 Cryptocurrencies to Catch in 2024
TL; DR
2024 Crypto Market Outlook: Analysts predict that 2024 will be a big year for cryptocurrencies in the wake of the Bitcoin halving and the approval of the Spot BTC ETF in the United States. Investment recommendations: John E. Deaton recommends focusing on Bitcoin, Ripple, Ethereum and other community recommendations such as Quant, Render Network and Solana, Cardano and BONK. XRP's Potential Rise: Ripple's XRP may experience a significant price rise in 2024, possibly influenced by the outcome of the legal battle with the SEC and other regulatory developments.
What should investors focus on?
Several cryptocurrency analysts and experts recently argued that 2024 could be a bullish year for the cryptocurrency market based on favorable conditions such as the upcoming Bitcoin halving and the BTC ETF in the United States. As such, some may be wondering which digital assets are worth investing in over the next 12 months.
John E. Deaton – an American lawyer representing thousands of Ripple investors in a lawsuit against the US Securities and Exchange Commission (SEC) – presented his top 10 list. He He believes. Investors should focus mainly on Bitcoin (BTC), Ripple (XRP) and Ethereum (ETH).
These remaining recommendations include Quant (QNT), Render Network (RNDR), Solana (SOL), Kaspa (KAS), Avalanche (AVAX), Ivy (HBAR), and Casper (CSPR).
Some commenters below his post suggested that Cardano (ADA) and Solana memecoin BONK should also be added to one's portfolio.
Will 2024 be the year of XRP?
Ripple's native coin could be on the verge of a significant price increase next year if certain factors come into play. A breakthrough could be part of a decisive victory that the blockchain enterprise could secure in its legal battle with the US SEC.
The two entities are scheduled to meet each other in a major trial in April, as the results could spill over into the entire cryptocurrency space. Remember that XRP It has passed The $0.80 mark in July of this year after a US judge ruled that Ripple's programmatic sales years ago did not constitute investment contracts.
Other regulatory developments, such as the approval of a spot BTC ETF in the US, may contribute to XRP's price rally in 2024.
Those who are willing to observe how the property performs in a short period of time can watch our video below.
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