The recent resurgence of the cryptocurrency market has prompted crypto pundits to put out ambitious projections for various cryptocurrencies. Top cryptocurrencies like Solana (SOL) and Ethereum ETH) are expected to witness a surge of as much as 5x in 2024. Interestingly, a new presale token has taken the crypto market by storm, beating the growth prospects of SOL and ETH.
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ETH & SOL Price Action
Data from CoinMarketCap shows that Solana has gained more than 11% over the past week, going as high as $198. SOL currently boasts a market capitalization of $87 billion and a daily trading volume of barely $3 billion. Meanwhile ETH’s price has surged nearly 5% in one week, pushing its price to $3,530. The impressive price action of Ethereum and Solana has led to analysts projecting a 400% surge in their value.
Hottest Presale Of 2024
As a pioneer in the web3 fintech space, NFTFN strives to tackle the challenges that currently plague the non-fungible token (NFT) market. Thanks to innovative products like SuperNova, and unique selling propositions, NFTFN has become one of the most lucrative presale opportunities this year.
NFTFN is currently in the first stage of its highly anticipated presale, where retail traders and crypto whales are lining up to buy this lucrative token for just $0.025 (supply capped at 1 billion tokens). In a very short span of time, NFTFN has raised more than $110,000 from its presale.
NFTFN’s Potential Overshadows ETH & SOL
As an NFT-centric project, NFTFN stands to benefit from the growing popularity of the broader NFT space. The market capitalization of the NFT market came in at $10 billion in 2023. That figure is projected to reach a whopping $230 billion by the end of the decade, having a positive impact on NFTFN’s price.
Outside catalysts like the overall bullish momentum in the crypto market and the upcoming Bitcoin Halving event are also expected to induce significant bullish momentum in the crypto market. Several crypto pundits speculate that NFTFN’s value could witness up to 100x growth this year.
NFTFN is backed by the likes of Polygon founder Sandeep Nailwal, who along with other investors raised over $500k for this innovative project. NFTFN also boasts strategic partnerships with industry titans like Binance Smart Chain and Polygon (Blockchain Partners), OpenSea and BitsCrunch (Pricing Partner), Google Cloud Platform (Cloud Partner), and WOW Earn (Wallet Partner).
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