Finance

What are the top 5 crypto sectors to follow in 2024?

In our latest Cointelegraph Report, we highlight the crypto trends that will likely define the industry in 2024. 

Trend 1: Bitcoin

Due to the combined effect of the recent spot Bitcoin ETF approval and the imminent halving, Bitcoin will play a leading role in 2024. Predictions on how high Bitcoin’s price could go vary from $80,000 according to Bitwise Invest to a bold million dollar forecast from ardent BTC supporter Samson Mow.

Trend 2: Real-World asset tokenization

The  transfer of real-world assets onto the blockchain will likley become one of the defining trends in 2024. The tokenization of assets allows for fractional ownership, which means breaking large assets like real estate into small pieces, thus making them more accessible to a larger public.

A 2023 Ripple survey shows that 72% of finance leaders plan to adopt tokenization in their business within the next three years.

Trend 3: GameFi

Many experts expect blockchain-based games to overcome the hurdles faced so far, in particular poor user experience,  which has slowed the adoption process of these games.

Analysts at VanEck anticipate the release of several triple-A blockchain games that have chance to reach the 1 million user benchmark.

To find out about the other two trends that will define 2024, make sure you watch the full video on our YouTube channel and don’t forget to subscribe!



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