Top Altcoins for 2024 according to ChatGPT

Top Altcoins for 2024 According to ChatGPT


The following content does not constitute the opinion of BeInCrypto and should not be considered as financial advice

The cryptocurrency market is showing excitement as the value of crypto assets has come back strongly. Investors are building more confidence in the market for the new year. Chat Generative Pre-Trained Transformer (ChatGPT), an interesting AI tool that provides useful tips on investing in altcoins.

Solana (SOL):

Solana, known for its speedy and high volume of transactions, did well last year with a 900% growth and a market capitalization of $46.7 billion. Solana is currently the 5th largest cryptocurrency and is poised to grow further.

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Solana will be a strong contender in 2024 due to growth in network activities and increasing adoption.

Experts like Matthew Siegel and Patrick Bush from VanEck think Solana could challenge Ethereum for market dominance. Their reasoning is that Solana has a clear path to growth and can take it to the top three blockchains in terms of market size, total value locked in and people using it.

Boro Finance ($ROE):

Boro Finance ($ROE) comes as a smart solution to the financing problem associated with Web3 financing. Borroe Finance Web3 opens up a new marketplace for NFTs that helps companies monetize using AI and blockchain.

As Borro Finance's main goal, $ROE solves financial problems for Web3 businesses and provides a new way to make money from more people. Businesses can create NFTs for future revenue streams, providing immediate funding and allowing users to share in the project's success.

Boro Finance uses blockchain technology, AI for risk assessment and smart contracts. These make transactions fast, secure and easy to perform. Presale is currently in stage 3 and the $ROE token is being sold at $0.0175. So far, more than $2.2 million has been raised by Borro Finance.

Boro will keep finances as a top priority. The platform uses blockchain, AI with checks and test code transparency to ensure that users are safe when interacting on the platform.

Michael Price and Maxim Prishchepo are the leaders of Borro Finance. Their experience makes them stand out in a place where they don't know who is in charge.

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Chainlink is a decentralized network that helps secure data for smart contracts, and the LINK token has grown by 175% in the past year, with a market capitalization of $8.6 billion. A bullish trend on the weekly timeframe suggests that things will go higher in 2024.

For the year, Chainlink plans to unveil the Cross-Chain Interoperability Protocol (CCIP), which connects blockchains in an innovative way. Moreover, the project is launching real-world assets by introducing developer tools for smart contracts and decentralized applications. These features make Chainlink attractive to investors in 2024.

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Polkadot (DOT):

Polkadot (DOT), an open source network, is rising and trying to break the resistance level at $10. As of December 21, one million transactions were processed on the Polkadot blockchain in a single day.

Recent partnerships such as Deloitte using the Kilt blockchain from Polkadot may add to the future. Despite fears of network congestion due to encryption, Polkadot has been shown to be able to handle increased traffic.

Crypto market participants are looking forward to the launch of Polkadot 2.0, which will start working on the parachain and on-chain control on different chains. This move will upgrade the network's consensus system to Nominated Proof of Stake (NPoS), promising additional security and regulatory powers.

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Links:

Visit Borroe Finance Presale | Join Telegram Group | Follow Boro Finance on Twitter

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