Table of Contents
● Market experts have predicted that Conflux (CFX) is set to gain 76% in 2024.
● Rebel Satoshi (RBLZ) is gearing up for its launch on DEXs in February.
● Analysts believe Mantle (MNT) will surpass the $1 mark by the end of 2024.
The crypto market has tumbled recently despite the approval of Bitcoin ETFs by the SEC. However, crypto market experts believe that the market will recover with Conflux (CFX), Rebel Satoshi (RBLZ), and Mantle (MNT) leading the market upswing in the upcoming months.
Let’s review the yearly performances of these top altcoins to pick the best crypto to invest in!
Market Experts Predict CFX Will Grow by 76% in 2024
As 2023 began, Conflux’s native token, CFX, entered the scene with a modest price of $0.02198. However, its trajectory was far from modest, as it swiftly ascended to its 2023 peak of $0.4453 in April, marking an astounding 1925% increase from its year-start price.
The regulatory uncertainty that characterized the crypto landscape played a significant role in shaping CFX’s journey. The subsequent drop in price by 77% from its peak by October reflected the challenges posed by external factors. Nevertheless, Conflux demonstrated resilience, staging a resurgence in late 2023 and concluding the year at $0.1945 per CFX.
The opening chapter of 2024 saw Conflux maintain its momentum and chart a course for growth through strategic partnerships. A notable 11.8% price surge in the first month of 2024 underscored CFX’s ability to capitalize on positive developments.
The strategic partnership with Asia-based venture studio BlockBooster in January added a layer of optimism, focusing on identifying “web3 incubation opportunities within the Conflux ecosystem.”
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Author: Crypto Daily