News
3 coins to buy if you’re a die-hard Web3 fan
The Web3 narrative is what underpins the world of cryptocurrencies. The fact that this realm has the power to influence and encapsulate the world through decentralized techniques is what makes the cryptocurrency realm special from all sides. The space is home to investors of all types. Certain investors simply want to take advantage of the profitability that the sector offers in the long term.
However, some investors and enthusiasts are interested in exploring the developed side of the world and are here to learn more about its power.
To keep the passion of such investors alive, here are the top three tokens that should be held if they are to truly honor the legacy of decentralized elements and ecosystems.
Read too: 3 reasons why Cardano (ADA) is destined for future breakthrough
Top 3 coins a Web3 enthusiast should keep in their wallets
Cryptocurrency #1: Shiba Inu
Shiba Inu is unique in many ways. For example, the token is nicknamed the original cryptographic meme token, or OG, for having ruled the space. SHIB was one of the first coins to start and popularize the meme coin craze, a phenomenon that changed the way monetization and profitability work.
Per CoinpediaShiba Inu is poised to peak this year, reaching $0.00006697 in the process.
“If the price can continue to rise above $0.00003682, it could reach the target of $0.00006697 in 2024. However, if the price of SHIB reverses, it could undoubtedly fall to $0, 000010. Overall, the outlook for SHIB is positive, although there is still some downside risk.”
Cryptocurrency #2: Ethereum
A power-packed cryptocurrency packed with the essence of web3 decentralization, Ethereum is a blockbuster token when it comes to hoarding it like a web3 fanatic.
Blockchain offers elements like EVM to develop versatile applications and robust Turing-based smart contracts to encourage wider adoption and development of DeFi, the elements that truly represent the real face of a decentralized structure.
With Ethereum ETFs in the mix, the token is poised for a spectacular price surge soon.
According to CoinpediaETH could earn up to $10,000 by the end of 2024, helping its fans double their money quickly.
Read too: Pepe Price Prediction: How High Can It Go This Week?
“Overcoming overhead resistance, ETH price breaks the $4,000 barrier. Furthermore, the breakout signals a longer uptrend and prevents a death cross on the weekly chart. If buyers push Ethereum’s market cap above $5,000, the continuation of the bull run could increase exponentially in 2024. With possible ETF approvals in sight and the Bitcoin Halving effect on altcoins, the price of ETH could reach to $10,000.”
Cryptocurrency #3: Cardano
With Cardano’s modest price increases this season, the coin has a long way to go to regain its lost direction. But despite facing several pricing hurdles, the ADA ecosystem has emerged stronger than ever.
Cardano is built on a peer-reviewed scientific philosophy that gives ADA a factual sound support. At the same time, the ADA ecosystem is pioneering a layered architecture on its chain, with CSL and CCL chains functioning in full mode.
Per CoinpediaCardano’s new price target by the end of 2024 is to reach the $2 mark.
“The Cardano coin price brings a buying opportunity as it could soon surpass $1 and reach the $1.5 mark. Therefore, with a bull run in 2024, Cardano prices could create a new swing high of $2.02. With an average of $1.695, ADA prices could fall to $1.37 by the end of 2024 due to exhaustion.”
