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As 2023 draws to a close, one thing is for sure: crypto is most definitely back. Established cryptos like Tron (TRX) and Polkadot (DOT) have performed reasonably well in the past several months. Meanwhile, innovative projects like Pushd (PUSHD) offer tremendous upside for investors looking to get in on the ground floor of a high-potential crypto project in its earliest stages. According to analysts, PUSHD will likely overtake TRX and DOT in gains. Here’s why.
Tron (TRX): Primed for Modest Growth in 2024
Despite its upward trend over the past month, Tron’s price action has been relatively muted on its way to hitting a $0.10 valuation in December. Despite being the thirteenth-largest cryptocurrency by market capitalization, TRX token prices have struggled to generate significant momentum. That might change in 2024 thanks to the growth of Tron’s ecosystem. For instance, the TRON DAO introduced a new algorithmic stablecoin called USDD designed to expand the Tron ecosystem’s footprint within the world of DeFi. According to crypto observers, Tron prices can rise up to $0.19 per TRX token in 2024, or approximately a 90% increase from its current prices.
Polkadot (DOT): Entering January 2024 with Bullish Momentum
Polkadot is posting a strong performance to close out 2023 after DOT token prices rose from $5.16 at the end of November to its current $8.25 price level. On the whole, DOT prices rose by 96.3% from the beginning of 2023. Most of Polkadot’s growth occurred in Q4 2023, making DOT one of the best performers of the year. If Polkadot breaks past the $10 Polkadot resistance level, DOT tokens can do a 2x in 2024 and trade around the $16 mark by the end of nex
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Author: Crypto Daily
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