While Bitcoin and Ethereum dominate the headlines, several promising altcoins are flying under the radar. These projects could deliver 10x returns in 2024, thanks to their innovative technology and increasing adoption. Here are the top three altcoins to watch.
Polygon (MATIC)
As a Layer 2 scaling solution for Ethereum, Polygon is solving Ethereum’s congestion and high gas fee problems. With major DeFi platforms and dApps integrating with Polygon, the demand for MATIC is expected to skyrocket in 2024. The platform’s growth trajectory suggests that a 10x return is not out of the question.
Avalanche (AVAX)
Avalanche is a high-speed blockchain known for its ability to handle thousands of transactions per second. With increasing DeFi activity and partnerships with major companies, AVAX could be one of the biggest gainers in 2024. Its robust ecosystem and focus on interoperability make it a strong contender for massive growth.
Chainlink (LINK)
Chainlink’s decentralized oracles are critical for connecting real-world data to blockchain networks. As the DeFi and smart contract markets expand, the demand for Chainlink’s services will rise. LINK has consistently been one of the most undervalued assets, making it a prime candidate for exponential growth in the coming year.