One Twitter user who is an expert on Ripple (XRP) has laid out their argument as to why the altcoin should be able to reach $1,000 in the future. While that seems like a stretch, the mass adoption of crypto would play into XRP’s hands, so the user has some solid points.
We will get into how good the chances are that XRP can actually reach $1,000 in a little while, but we want to first focus on some exciting presales. As we get closer to 2024, it is time to start thinking of investing in projects that could pump next year.
Preliminary predictions seem to indicate that 2024 will be a good year for the market, so it is better to start investing now before the train leaves the station. We have found four presale coins we think have the best chance of returning big profits for investors in 2024:
Let’s dive into what properties they have that should contribute to their success.
Sponge V2- A unique staking project that rebirths one of the biggest meme coins of 2023
Sponge V2 ($SPONGEV2) is an exciting project in many ways, mostly thanks to its innovative stake-to-bridge process. The coin is the rebirth of Sponge Token (SPONGE), one of the most successful meme coins of 2023. So, for those who missed out, now is your chance to get involved in the reincarnation.
SPONGE was born off the back of Pepe Coin and came out of nowhere to nearly replicate the meme coin’s success. It pumped by over 340%, and its market cap soared to over $100 million at its peak. Now, investors and those who missed out have a chance to get involved with the even more exciting Sponge V2.
Stake-to-bridge means that, for now, investors will purchase the original SPONGE tokens and stake them. Each token will be worth the equivalent amount of $SPONGEV2. Once the initial allocation of the version 1 token runs out, the second version launches and investors’ staked tokens will now be $SPONGEV2. This means investors will be right in the driving seat to profit from any big gains.
Bitcoin Minetrix- A Bitcoin mining solution that will breathe life back into the sector
Bitcoin mining has become a sore spot for the crypto world, with plenty of critics from inside and outside the community. Bitcoin Minetrix (BTCMTX) has a solution to the mining problem that has the potential to be ground-breaking. We presume that’s why the presale has been such a success, with investors recognizing its potential. Over $7.5 million has been raised, and that counter keeps going up.
The problem we are referring to above has to do with how Bitcoin mining has become exclusive, and it is no longer possible for the majority of crypto investors to mine the market’s biggest token. Due to Bitcoin’s rising popularity over the last decade, mining has been taking place on a bigger and bigger scale. It is now only possible to mine if you have the funds to power a whole data center’s worth of equipment.
The solution? A stake-to-mine system that is affordable and allows everyone to mine Bitcoin again. Staking is the main part of this process, and aside from earning passive income, investors can exchange tokens for mining credits. These credits are investors’ tickets to mining time or a share of the yields. A genius solution that almost guarantees success.
Meme Kombat- This year’s hottest P2E game has nearly broken the $4 million mark
P2E games have fallen by the wayside somewhat this year, but we believe Meme Kombat ($MK) could spark a revival in the sector in 2024. If its presale is anything to go by, our prediction is likely going to be correct as the P2E/meme coin crossover is closing in on $6 million raised.
The game takes inspiration from arguably the greatest combat franchises of all time; Mortal Kombat. There is a crucial and very entertaining twist. The characters you battle with will all be memes that the market has loved for the last 10 years. Even cooler is they all have tailored attributes that make them all unique fighters. AI is also a big contributor here as it makes the characters almost seem lifelike in their movements.
Perhaps the best aspect of the game is that players get to wager on fights. In a sportsbook-like set-up, players can wager against the computer, other players or even side-bet on fight events. Alongside staking, this means there are two different ways to earn revenue. Entertainment and a chance to earn crypto that’s a winning combination for us.
Launchpad XYZ- Look no further than this token to become a Web 3.0 expert
Web 3.0 is intertwined with the progress of crypto. They are symbiotic and crucial to each other’s development. What many crypto projects have not realized is that Web 3.0 is new and constantly changing and it can be alienating to new and even existing crypto investors.
Launchpad XYZ (LPX) has recognized this and aims to be the only place that investors need to go for everything Web. 3.0 related. From what projects to invest in the best Web 3.0 games on the market, this project has everything. It even has ambitious plans to onboard the next 10 million users onto the new technology.
The presale has raised $2.2 million, but even though that is still ongoing, the project has already shown off its worth. The telegram work is showing how their platform always has the best buy and sell information before the rest of the market. They have multiple success stories already, such as advising customers to sell Bitcoin before it took a dip earlier in the year.
Will Ripple’s wider adaptation lead to a major price surge?
Ripple’s price has been up and down now for the last month but ultimately is remaining around the $0.60 mark. This is not what most envisaged for the altcoin. After its successive victories over the SEC, many were expecting the token to easily break $1 before the end of the year.
However, that doesn’t mean that still won’t happen. BarriC, the Twitter account that closely follows Ripple, believes there is still $454 trillion of wealth to make it into the crypto market. Given Ripple is used to move assets at quick speeds this would suggest it will be widely adopted in the future. $1,000 is ambitious but not impossible.
Conclusion
That brings us to the end of this article. While the Ripple prediction is ambitious, we do think it could be possible as long as mass adoption of XRP becomes a thing. Elsewhere, the four presale tokens we have listed above all have the properties to be some of the biggest gainers in 2024.
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