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- XRP has gained 82% in 2023, and experts expect more growth in 2024.
- Polygon rose 32% in 2023, with more gains expected.
- Rebel Satoshi has surged 100% in the ongoing presale.
Altcoins like XRP (XRP) and Polygon (MATIC) have performed well in 2023. As a result, investors have flocked to the market to buy these tokens in anticipation of a bull run in 2024. Meanwhile, Rebel Satoshi (RBLZ), an upcoming meme coin, has raised $1.2 million in its public sale.
XRP spiked 82% in 2023: more growth coming?
XRP performed well in 2023.
On Jan. 1, XRP was changing hands at around $0.3399. After recording minimal gains for the first half of the year, XRP gained traction in July after Ripple Labs got a partial win in its case against the U.S. SEC. This development saw XRP surge as high as $0.8206 in July.
However, XRP failed to maintain these gains as investors profited from the sharp rise. By December, XRP had leveled off at around $0.6218. This price means XRP has gained 82.94% in 2023.
Per experts, XRP will continue surging in 2024 to close the year at $1.1100.
Experts peg this prediction on XRP getting more adoption if Ripple Labs emerges victorious in its case against the SEC.
Polygon rose 32% in 2023: will bulls remain dominant?
Polygon has performed decently in 2023.
On Jan. 1, MATIC was hovering around $0.76. MATIC surged in January as investors anticipated the launch of the zkEVM solution in March. These gains saw MATIC trade as high as $1.53 in February.
However, MATIC started plunging soon afterward as investors took profits from the bull run.
After trading as low as $0.52 in October, MATIC began rising again in November due to increased network activity. By December, MATIC had stabilized at around $1.01. This price means Polygon has surged 32.89% in 2023.
According to analysts, MATIC will continue surging to hit $1.85 by the end of 2024.
Analysts base this
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Author: Guest Post