Ambush these 6 cryptocurrencies with 100-fold potential in advance and become a millionaire in 2024!

“2023 will be a rebuilding year for Bitcoin and altcoins. But some projects with very promising technology and practicality could make early investors rich in 2024.

I believe these 6 altcoins have a good chance of making a splash next year. That's why you should put them on your radar.

1：MATIC

Polygon has quickly become one of the top scaling solutions for Ethereum. Now, it consistently records over 1 million transactions per day, more than any other Tier 2.

As Ethereum drives mainstream adoption, thousands of dApps will require scalable solutions. Polygon is poised to capture much of this demand, thanks to its network of developers and support from Mark Cuban and Reddit.

Polygon is expected to continue growing at an impressive rate in 2024:

“Polygon is the critical infrastructure for Ethereum to scale while maintaining security. Some of its unique advantages are:

There are already over 7,000 dApps and over 1 million users on Polygon

Interoperability Focus on Blockchain Internet

Strong developer ecosystem and partnerships

I think 2024 could be Polygon’s coming out party. Ethereum has huge upside potential if its usage continues to expand. "

2：link

Chainlink is the undisputed leader in blockchain oracle networks. It protects sources of truth for hundreds of applications in DeFi, insurance, gaming, commerce, and more.

Chainlink adoption is expected to surge as blockchain seeks reliable real-world connectivity. Arnold believes growing data demand positions LINK for strong growth in 2024:

“Chainlink solves a key limitation today – connecting blockchain to the real-world data needed to trigger smart contracts.

It is the time-tested and most adopted Oracle solution. Tens of billions of dollars in smart contract value have been secured on all major blockchains.

Data demand from DeFi, insurance, commerce, and Web3 applications is exploding. Chainlink solves a critical gap in the Web3 technology stack in a decentralized way. "

Use cases such as decentralized finance and Metaverse gaming will require more secure off-chain connections. Chainlink’s mature technology and extensive network make LINK attractive for investment in 2024.

3：where

As the earliest virtual world on the blockchain, Decentraland is an interesting Metaverse investment. Users can explore, build interactive games and apps, and purchase virtual parcels of land as NFTs.

Recent partnerships with JPMorgan and Spider-Man movie distribution have garnered some attention in Decentraland. Arnold believes that virtual worlds offer a promising way to diversify cryptocurrency exposure:

“The open, creative possibilities of Decentraland’s virtual world are very attractive. It enables users to build interactive experiences and games without a centralized gatekeeper.

As the virtual world continues to evolve, Decentraland is an early leader in blockchain-powered metaverse experiences. The desire for an open digital world is not going away. The demand for virtual real estate continues to grow. "

Earlier this year, during the Metaverse hype, MANA surged over 200%. As new layers and experiences are built, Decentraland is likely to attract even more interest as the virtual world continues to evolve in 2024.

4: QNT

Quant Network is building a cross-ledger network to enable interoperability between different blockchain networks. This allows for modular development and scalability advantages.

Even a network as complex as SWIFT is working with Quant to develop blockchain-enabled products. Arnold believes these connections give Quant its long-term potential:

“Achieving seamless interoperability between major blockchains is key to mainstream adoption. Quant Network is leading the development with Overledger:

Has cooperated with Oracle, SIA, SWIFT and major chain stores

Overledger Network moves towards decentralized governance

Powering critical financial infrastructure

Quant is poised for explosive growth by unlocking massive efficiencies as more and more businesses connect blockchain assets over the network. "

Based on the scale of partnerships Quant has secured, Arnold believes QNT could be a moonshot altcoin worth watching for 2024 returns.

5：GRT

By indexing blockchain data, The Graph makes it easy to query and build dApps. It's essentially Google for locating and accessing dispersed information.

The graph is already used by leading Ethereum applications such as Uniswap, Synthetix, and Decentraland. However, the demand for data in gaming, social networking, finance and other fields is growing exponentially.

Here's why Arnold believes The Graph may continue to grow faster than expected:

"Finding and accessing data quickly remains a major pain point for Web3 developers. The Graph makes this easy by creating a searchable, decentralized index.

It has been integrated into major consumer dApps on Ethereum, handling billions of queries. As adoption continues to grow, The Graph’s network effects could lead to a price breakout. "

As more complex blockchain applications are built as more complex blockchain applications are built amid the shift to a decentralized data economy, The Graph has become an important piece of cryptographic infrastructure under the radar.

6：PCX

The multi-chain nature of Web3 requires bridging assets across different networks. ChainX is building a Polkadot parachain focused on liquidity staking and cross-chain transfers.

Security is an issue with asset transfers. ChainX uses new technologies like XBridge to ensure assets remain fully collateralized during the transfer process.

Arnold believes the scalability and liquidity infrastructure provided by ChainX can provide value:

“ChainX is focused on facilitating staking and seamless cross-chain transfers. Allowing assets to move securely between chains unlocks tangible utility benefits:

Innovative technologies such as SlashX protect user funds

Liquidity infrastructure via XBridge protocol

Polkadot parachain means shared security

I have been following the development of ChainX. Making blockchains more interoperable and staking liquidity can unlock circulation – and the value of circulation will appreciate. "

Early infrastructure games like ChainX give us access to the multi-chain trend on leading networks like Polkadot. The project delivered epic returns during the bull market leading up to 2020.

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