2024-2-19 22:09 |
Cryptocurrencies are broadly expected to do well this year now that the Securities & Exchange Commission of the United States has approved the Spot Bitcoin ETFs.
The exchange-traded funds bring good news for the broader crypto space because what they do essentially is invite institutional money into Bitcoin.
And Bitcoin being a bellwether tends to drag a major chunk of the market with it in the same direction.
On top of the Bitcoin ETF are expectations that the U.S. Federal Reserve will begin cutting rates in coming months – thereby improving demand for the risk-on assets like cryptocurrencies.
Having said that, Bitbot, CorgiAI, and Apecoin are three crypto token that are particularly worth buying in 2024. Let’s dive deeper and understand why.
ApecoinApecoin markets itself as more than a meme coin – which it indeed is considering that Yuga Labs is committed to introducing its own metaverse soon called the “Otherside”.
And experts are convinced that $APE will likely serve as the official digital currency on this new platform which may boost demand and translate eventually into price appreciation.
More importantly, Apecoin has lost traction in recent weeks because of the delays in rolling out the Otherside – and that spells opportunity for potential investors.
Note that the ERC-20 sits at around $.170 at writing which means you won’t have to break the bank either to take an early position in its either.
CorgiAICorgiAI is a meme coin at its core but it’s still worth investing in considering that it gives you exposure to artificial intelligence.
According to Statista, the AI market will grow at a rapid pace from about $200 billion currently to near $2.0 trillion valuation by the end of this decade.
And if you want a piece of that ongoing AI mania at the cost of a few pennies only, CorgiAI is a suitable investment for you.
What is CorgiAI you ask? Pretty much an AI-enabled meme generator with a decentralised community where its namesake coin serves as the medium of exchange.
CorgiAI has also pulled back materially from its high late last year which presents an opportunity for you to invest in this AI meme coin.
BitbotBitbot is a Telegram trading bot that wants to make sure that you get the most out of the expected recovery in cryptocurrencies this year.
It taps on artificial intelligence to bring the institutional-grade trading tools to retail investors and help them maximize their returns out of trading or investing in a financial market.
What makes Bitbot particularly interesting as an investment is that its namesake token is currently in pre-sale – after which it will likely list on a crypto exchange that typically tends to boost price.
And you can perhaps benefit from that rally if you choose to take an early position in Bitbot.
The crypto token is currently going for $0.011 only and has still raised nearly $0.6 million in a matter of weeks. That’s important because it suggests strong demand which is broadly accepted as a sign of good investment.
It is also worth mentioning here that Bitbot is gaining traction fast also because it’s a non-custodial trading bot which basically means an added layer of security.
Interested in finding out more about Bitbot and its namesake native token? Click here to visit its website where you can also explore ways to invest in it in pre-sale.
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