Best Cryptos for Good Return on Investment in Early 2024

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As the crypto market approaches the end of the year, there is increasing speculation about a potential ‘Santa rally’. Derived from the historical increases in the value of Bitcoin during the festive seasons of 2013 and 2017, the term indicates a possible rise in the market.

Factors such as Bitcoin Spot ETF approval and the upcoming Bitcoin halving are increasing market confidence. In this environment, cryptocurrencies such as Solana (SOL), Dogecoin (DOGE), Polygon (MATIC), Sei (SEI), Chainlink (LINK) and ScapesMania are expected to provide potentially good investment returns in early 2024.

Finding a cryptocurrency with a solid ROI is not that easy, but our article tries to separate the wheat from the chaff. Evaluating the market through the prism of the industry’s past performance provides us with some invaluable information. Not all coins will deliver astronomical returns on investment, but at least some are likely to perform well over the next few weeks, months, and years.

ScapesMania: A Rising Star in the Crypto World

ScapesMania is a one-of-a-kind gaming ecosystem where crypto-savvy audiences join forces with a vibrant community of casual players, paving the way for significant growth. The ScapesMania community is buzzing with enthusiasm, reflecting the amount of crowd/retail contributions collected to date. from $2,110,000 It reflects on more money.

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Empowering Owners

ScapesMania allows participants to get exactly what they desire: while players enjoy their favorite pastime, crypto enthusiasts can benefit from the performance of the ecosystem and shape its future through the DAO, all without the need to play games.

Additionally, purchasing ScapesMania tokens unlocks extra benefits. By participating in the pre-sale, you can access bonuses of up to 127% in total. You can also earn referral rewards by promoting ScapesMania to your friends. Additionally, holders can participate in staking events as well as token buyback and burn events.

Verified Excellence

ScapesMania’s smart contract has successfully passed review by leading security rating companies, providing owners with peace of mind.
There is an award-winning team behind ScapesMania, which has received a prestigious grant from a leading player in the blockchain industry. The team supports transparent and publicly accessible social media accounts, engaging a thriving community of over 60 thousand followers.

Expectations of ScapeMania

ScapesMania tokens are currently a steal and are only available per coin during pre-sale. $0.004568 is sold at a price. Since the final sale phase price is set at $0.01, early adopters can potentially purchase it after the ScapesMania presale ends. 2.2x return they can get it.

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Solana (SOL): Increase in User Activity and Market Presence

Solana (SOL) has witnessed a remarkable increase in user activity, with an increase of almost 400% as we approach the end of the last quarter of the year. This growth has significantly outpaced Ethereum’s modest 3% rise.

The driving force behind this rise is attributed to a series of token airdrops performed by protocols on the Solana network, specifically the Solana-based oracle network Pyth (PYTH), which completed a 250 million PYTH token airdrop. Additionally, Solana’s decentralized exchange (DEX) volumes also increased, with Jupiter DEX playing an important role.

Looking ahead, Solana’s (SOL) strong network activity and DEX volume growth bode well for its future price prospects. However, the volatility and competitive environment inherent in the cryptocurrency market pose challenges.

Dogecoin (DOGE): Driving Market Sentiments and Trends

Dogecoin (DOGE) is experiencing a positive trend, with price increases seen in 63% of the last 30 days. Currently trading above the 200-day simple moving average, Dogecoin (DOGE) is showing bullish potential.

Despite the optimistic market sentiment, Dogecoin (DOGE) price has fallen by nearly 50% from $0.15 in November 2022 to around $0.0917. This trend parallels the broader decline in interest in meme coins and the general decline of the cryptocurrency market.

Polygon (MATIC): Steady Growth Amid Market Fluctuations

Polygon (MATIC), known for its decentralized scaling solution, recently broke the $0.80 mark. However, it has recently fallen by more than 4.4%, in line with the broader negative trend in the cryptocurrency market.

Polygon’s price showed resistance by breaking the $0.8 resistance level. Experts predict that by the end of December, Polygon (MATIC) price will be around $0.9004, with the potential range being between $0.8232 and $0.9261.

Polygon (MATIC) price trajectory during the upcoming Christmas period will be affected by market dynamics, developments and use cases.

Sei (SEI): A Remarkable Increase in the Altcoin Market

Sei (SEI) has made a significant impact on the altcoin market recently with a significant increase of 50%. This increase has allowed Sei (SEI) to outperform most of the top cryptocurrencies on the market, marking a notable success in its presence in the market.

A 50% increase in Sei (SEI) value is a clear indicator of strong market performance. This rapid increase in value underscores the growing interest and confidence in Sei (SEI) among investors and traders. Although the recent increase in the Sei (SEI) price is promising, it is important to approach its future with a balanced perspective.

Chainlink (LINK): Integrating Real World Assets and Traditional Finance

Chainlink (LINK) will undergo significant upgrades, as stated in a recent announcement. These upgrades aim to improve Chainlink (LINK) functionality and interoperability across different blockchain networks.

Currently, Chainlink (LINK) is down 73% from its May 2021 all-time high of $52.70. Despite this, it remains one of the better performing altcoins with the potential for a significant move in the bull market.

Chainlink’s (LINK) future price prospects look promising, especially with upcoming upgrades and expansion into traditional finance (TradFi).

Solution

As we approach 2024, the crypto market is abuzz with expectations of a potential ‘Santa Claus rally’ reminiscent of Bitcoin’s historic rallies. This optimism is fueled by factors like the Bitcoin Spot ETF approval and the upcoming Bitcoin halving, creating fertile ground for cryptocurrencies like ScapesMania.

Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania

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