Since the last few years, CoinGecko has become a mainstay crypto information platform for investors around the world. This website provides detailed data on thousands of crypto assets, accompanied by the latest market analysis.
In the midst of the frenetic development of the dynamic crypto industry, CoinGecko predicts the 5 hottest cryptocurrencies throughout 2024.
Predicting the future of crypto is not an easy matter. However, CoinGecko uses the concept of “wisdom of crowds,” or collective intelligence, which is believed to help predict price movements more accurately.
With its ability to track market capitalization, price movements, trading volume, supply circulation, and other related information in real-time, CoinGecko is able to analyze the data in depth to make accurate predictions.
Through a combination of historical data, in-depth analysis, and extensive research, CoinGecko has identified five cryptocurrencies that are predicted to become mainstream in 2024.
This can be seen based on several factors, such as market capitalization and future prospects. These predictions provide valuable insight for both novice and experienced investors to choose the most promising crypto assets.
What are you curious about? The following are 5 leading cryptocurrencies that are predicted to be the main ones in 2024, based on CoinGecko as of March 13, 2024:
# (Rank) | Coin | Price | Volume 24 H | Market Cap |
108 | Gnosis (GNO) | $438.50 | $8,484,071 | $1,133,178,151 |
796 | SX Network (SX) | $0.1151 | $64,858 | $46,915,722 |
954 | Kleros (PNK) | $0.04372 | $119,379 | $31,505,273 |
1166 | Prosper (PROS) | $0.5815 | $64,858 | $46,915,722 |
1427 | Augur (REP) | $1.41 | $1,543,166 | $11,235,690 |
*Source Table: coingecko.com 13 March 2024
Leaving behind big names like Bitcoin and Ethereum, CoinGecko’s predictions for the top 5 cryptocurrencies in 2024 are dominated by projects that are relatively little known at the moment.
However, CoinGecko sees great potential in these 5 crypto assets based on an in-depth analysis of the technology and use cases offered.
1. Gnosis (GNO)
The first project that is predicted to become a star in 2024 is Gnosis (GNO), a decentralized platform that uses the Ethereum blockchain to allow users to create prediction markets about events that will occur.
Gnosis uses a trustworthy and transparent contract mechanism to ensure system security and robustness.
CoinGecko sees great potential in Gnosis. Among them is because it has a Gnosis Chain or Ethereum sidechain, which allows users to run nodes easily.
What’s more interesting is that users are also given the opportunity to take part in platform development decisions.
2. SX Network
SX Network is projected to play a key role in the crypto ecosystem by 2024. It is a decentralized network for crypto exchanges and trading that offers solutions to issues such as liquidity, security, and scalability.
SX Network aims to integrate various exchanges into one ecosystem for a more efficient trading experience.
3. Kleros (PNK)
According to CoinGecko, Kleros will gain a lot of attention throughout 2024. The project provides an innovative decentralized arbitration protocol for resolving smart contract disputes.
Kleros promises a fair, transparent, and trustless solution to arbitration using blockchain and crowdsourcing.
4. Prosper (PROS)
This prediction places Prosper as one of the favorites of DeFi in 2024. Prosper is a decentralized platform that presents a new ownership scheme and incentive reward system. The goal is to drive mass adoption by facilitating an inclusive DeFi ecosystem.
5. Augur (REP)
As one of the oldest prediction projects on the blockchain, Augur is expected to reach the peak of its popularity in 2024.
Despite a slow start, CoinGecko sees Augur growing rapidly with demand for decentralized prediction systems.
According to swapspace.co REP price prediction, it is estimated that the REP price will reach its maximum value in 2024 of $2.830817471857242.
In fact, 2025 is expected to be a turbulent year, with REP prices ranging between $0.1015 and $0.9064559883637361. Until it reaches a maximum value in 2030 of $2.830817471857242,.
Wallet Investor also concluded that the REP price will reach a minimum in 2025 of $0.1015.
So while not yet very popular, the five decentralized projects addressed are believed to experience massive adoption thanks to the innovative solutions they offer in areas such as market prediction, crypto trading, arbitrage, and decentralized finance (DeFi).
Even though the market capitalization is still small, CoinGecko sees great potential in the technology developed by these projects. If the predictions are accurate, it is not surprising that Gnosis, SX Network, Kleros, Prosper, and Augur will be the prima donnas of the crypto market throughout 2024.
Come on, Invest in Crypto Assets at INDODAX
So, that was the discussion about the top 5 hottest cryptocurrency assets in 2024, according to CoinGecko, and if you are interested in investing in your crypto assets easily, safely, and profitably, you can buy them on the INDODAX market.
However, along with potential profits, remember that crypto investments are highly volatile. Therefore, do DYOR (Do Your Own Research) and research in depth before making a decision, because the five cryptocurrencies mentioned above are not our financial advisors.
And when you feel ready to dive into the world of crypto, don’t forget that INDODAX is one of the best crypto trades for buying various crypto assets.
With trusted and experienced services, INDODAX provides a crypto market that is easy, safe, and reliable for carrying out crypto transactions. Let’s invest in crypto now!