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Among the numerous tokens in the crypto market, analysts have predicted five DeFi tokens that are expected to break into the top 15 cryptocurrencies in 2024, according to the sponsored content poster. These cryptocurrencies include Optimism, Arbitrum, the uncertain future Pullix, Celestia and Kaspa.
Optimism (OP) Price Prediction
Layer-2 scaling solution Optimism (OP), its native token, has made a bullish comeback after falling as low as $1.70 in late 2023. At the end of the year, Optimism closed at $3.70, representing a yearly increase of more than 300%.
According to recent data from IntoTheBlock, approximately 90% of Optimism holders are in profit. This is despite the price falling in the first few weeks of January. Currently, Optimism coin is trading between $2.76 and $3.28 on the weekly price chart.
The DeFi coin is up 6.8% in the past week and 39.1% in the past year. Meanwhile, the overall sentiment for Optimism price is bullish, with 17 technical analysis indicators giving bullish signals while 7 giving bearish signals.
Analysts predict Optimism’s price will reach $6.41 in 2024 as adoption and network activity increases. This alternative coin price increase will increase Optimism’s market cap and may move it into the top 15 cryptocurrencies.
Arbitrum (ARB) TVL Doubled Compared to Last Year
Despite the bear market sentiment brought on by the Spot Bitcoin ETF, Arbitrum (ARB) is up nearly 14.9% in the past month. Arbitrum price traded between $1.65 and $1.96. However, analysts believe there is still bullish momentum for the layer-2 token.
According to data from DeFiLlama in early January, TVL at Arbitrum has doubled in just one year. While TVL was only $1 billion in January 2023, it increased to $2.479 billion in January 2024.
This increase in TVL indicates increasing demand from users and more volumes are expected in the next few months. These figures also show increased activity on the Arbitrum network over the past month. If this active inflow continues in the coming months, the altcoin price could rise to $4.5.
Celestia (TIA) Could Surpass $50 by the End of 2024
One token that stood out in the winners column in the turbulent market was Celestia (TIA). Over the last year, DeFi coin, which stands out from other blockchain networks with its modular infrastructure, has increased its popularity.
Community support and blockchain’s unique features propelled its price to a peak of $20.26 on January 16. Celestia coin surprised the crypto market by entering the top 40 cryptocurrencies by market capitalization.
Currently, Celestia is trading in the price range of $14.96 – $18.46. The alt coin is up 3.5% and 37.3% on the 7-day and 30-day price charts, respectively.
If Celestia can maintain its bullish price movement, the DeFi project could join the top 15 cryptocurrencies in the coming months. Additionally, analysts predict that the price will rise to $53 by the end of 2024.
Kaspa (KAS) Integrated with Ledger
According to a recent tweet, Kaspa (KAS) has integrated its network with the Ledger wallet. This integration will allow KAS holders to manage and store their tokens on Nano X, Nano S and Nano S+.
Integration with Ledger brought good news for the Kaspa community, which grew last year due to the token’s bullish price movement in 2023. At that time, Kaspa coin rose to a peak of $0.154. As of 2024, the alt coin is trading at $0.09653 – $0.1097 with a weekly increase of 1.5%.
Despite the price drop, Kaspa maintained its 1732.1% gain on the annual price chart. This year-to-date increase shows that Kaspa bulls are still in the price race. Analysts predict that it could reach $0.179052 with a potential price increase in the coming months.
Will Pullix (PLX) Be Successful After Launch?
According to the sponsored content poster, Optimism, Arbitrum, Celestia, and Kaspa are some tokens that analysts expect to join the top 15. Well, one wonders whether Pullix (PLX), whose new project future is uncertain, may be affected by this situation. Avoid taking action on projects whose project and team you do not trust.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Its future is uncertain, according to the sponsored content poster Pullix is allegedly looking to build a hybrid trading platform that allows users to trade a variety of assets, including stocks, commodities and digital currencies. The project is new and its future is uncertain, there is a risk of investment loss.
It is claimed that users can trade anonymously without disclosing their personal information, but it is not certain and may fail. It is claimed that all they need to trade may be an email and then account transactions.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
Additionally, it is stated that Pullix may have multi-currency staking, where various coins such as Bitcoin and Dogecoin can be staked. Pullix is centered around the native PLX token, which will be used for all transactions within the platform. Investment carries the risk of loss.
PLX tokens are awarded as rewards to users who trade and meet certain trading challenges. Another feature of the PLX token is revenue sharing, where it is claimed that token holders can receive a share of the daily revenues of the platform. It is not certain.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
According to the sponsored content poster, Pullix, whose future is uncertain, is in its seventh stage of pre-sale and is claimed to be worth $0.1. The future of the project is uncertain and the investment carries the risk of loss.
Conclusion
Analysts such as Michael Van de Poppe have repeatedly stated that 2024 is the year that altcoins will see a bullish movement. As a result, it is curious what the future of these five DeFi tokens (Optimism, Arbitrum, Pullix, Celestia and Kaspa with an uncertain future) will be like.
Click to review Pulix token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
