2024 has been an amazing year for crypto already, with the industry leader, BTC, marking its new all-time high (ATH) of $73,000. It has rallied past the $70,000 mark multiple times despite dropping below the price point a few times. As the months go by, several analysts suggest it will make it to $100,000 followed by its much-anticipated halving.
However, BTC is not the only asset in the market exhibiting massive return value. Several other tokens will make tremendous profits by the end of the year, and investors are suggested to get in on the action right now to net the most gains. With that, let's study a few tokens analysts state will offer some of the most exciting profits.
PEPE
A meme coin legend in its own right, PEPE is a fairly new asset launched deep into the crypto bear market last year. Despite the odds stacked against it, it grew tremendously to offer some of the best returns in 2023 while other assets were crashing. It has done it again with the help of bullish forces, rising by 3X of its high from last year. The token has registered over 12,000% growth by doing so.
It still has a lot of tank left in the gas, with analysts expecting it to grow further by taking the same path that DOGE and SHIB did. In fact, PEPE is in the top three meme coins by market cap, following only DOGE and SHIB. Its current price of $0.000007 can go up by 50X thanks to how the meme coin effectively drives hype to get its community going in on the trading action and users from across the crypto-verse interacting with it.
VET
VET is the native asset of the popular VeChain network, a blockchain offering use cases of the technology to the enterprise world, with those in the supply chain industry adopting it massively. Driving Web3 adoption in the enterprise world makes VeChain a significantly utilized blockchain network, and the price action of VET reflects that. The token shows a 74% year-to-date (YTD) growth, going up as high as $0.05 in March.
It is expected to grow further as VeChain witnesses increased adoption, crossing its ATH of $0.28 set in 2021. Those bullish on the token forecast it to go up to $0.5 by the end of 2024, marking 10X returns for anyone adding it to their portfolio now.
NFTFN
A recent entrant in the crypto space, the NFTFN token is already making waves with its presale’s phase 1 selling out $250,000 worth of tokens quickly. Subsequent phases are expected to sell out even faster – investors should get their hands on the token before they get expensive. Analysts claim its current $0.03 valuation can go up by 100X, taking the token up to $3 by the end of the year. That forecast comes thanks to the platform the token is native to.
The NFTFN platform is an industry innovator, letting users interact with blue-chip NFTs, costing thousands of dollars, through perp-based trading with an entry barrier as low as $10. That’s right. Anyone with $10 can harness the robust price movements of some of the most popular NFTs in the market and make trading returns. That use case will let the platform witness massive adoption from NFT enthusiasts and the larger Web3 ecosystem. With the adoption, investors can expect the token to reach its forecasted $3 mark.
Conclusion
Analysts pick three tokens to top the trending charts as the crypto market expands to new levels. PEPE, VET, and NFTFN are gearing up to offer the most significant returns this crypto summer. Including them in investment strategies is guaranteed to make investor portfolios winners. The sheer potential held by these tokens will be actualized thanks to bullish forces, letting investors accumulate the greatest rewards.
About NFTFN
NFTFN is the go-to platform for perpetual trading of diverse assets like Blue-Chip NFTs, Crypto, and Real-World Assets. With a minimum investment of just $10, users can easily take long or short positions on their chosen asset class, catering to traders of all levels.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.