According to Ripple CEO Brad Garlinghouse, the crypto market could potentially double in value and reach $5 trillion by the end of 2024. This prediction is fueled by the potential approval of spot ETFs and the upcoming Bitcoin halving event, as well as the impact of favorable regulatory changes in the US.
Investors and analysts are now searching for the best opportunities to capitalize on this potential market growth. Some experts are suggesting that altcoins like Solana (SOL), Sui (SUI), and Borroe Finance ($ROE) could be top contenders to consider adding to investment portfolios.
Solana validators recently passed a proposal for “Timely Vote Credits” which aims to speed up transactions by reducing consensus vote latency. Currently trading at around $172, SOL is near a crucial support level of $170. If it breaks down from here, it could reach $160 by mid-2024. However, if it stays above $172, it could potentially reach $200 or even $250 by the end of 2024.
Sui has seen significant growth in the past year, rising by 290% from $0.37 to its current price of $1.46. Despite some fluctuations between $1.35 and $2.15 in the past month, experts believe it is currently in a downtrend with a support level at $1.55. If it breaks below this, it could potentially reach $1.30 by mid-2024. However, if it breaks above the resistance level of $1.70, it could reach $1.80 and possibly even $2.50 by the end of 2024.
In its final presale stage, Borroe Finance has raised over $3.66 million by selling over 282 million $ROE tokens. With only 153 million tokens left to be sold, the presale is generating significant interest. Borroe Finance aims to revolutionize Web3 business funding through blockchain technology, AI-powered risk assessments, and smart contracts. It is currently leveraging the Polygon blockchain for its efficiency and low fees. Many crypto analysts believe that Borroe Finance could be the best blockchain ICO in the market, making $ROE a popular choice for investors.
In conclusion, Ripple CEO’s prediction of a potential $5 trillion crypto market by 2024 has sparked interest among investors and experts. Altcoins like SOL, SUI, and $ROE are being considered as potential investments to capitalize on this growth. With the potential for significant gains, it is important to carefully research and consider these options before investing.
