As the crypto market continues to evolve, investors are eyeing promising opportunities for substantial gains. Three notable cryptocurrencies making waves are Mantra (OM), BEAM, and Chainlink (LINK). Let’s delve into the latest developments and potential growth of these digital assets to find the best crypto to buy in 2024.
Mantra (OM) Token SurgesÂ
The Mantra (OM) token has emerged as one of the leading gainers in the cryptocurrency market, experiencing a nearly 100% surge in a single day. Despite limited information available about this altcoin, it has been consistently reaching new highs throughout 2024. Mantra recently announced the introduction of staking on its chain, receiving enthusiastic support from its community. With over 17% of the total token supply already staked and a significant increase in total value locked (TVL), Mantra demonstrates strong commitment and potential for further growth.
BEAM Demonstrates Strength in GameFi Assets
BEAM has achieved its sixth consecutive day of gains, outperforming other GameFi assets. Following a 9.42% surge, BEAM has reached current range highs of around $0.0208. While facing resistance at these levels, a breakout could lead to bullish momentum. The integration of the Immutable zkEVM testnet and mainnet by Sphere, the marketplace for BEAM, marks a significant milestone, making Sphere the first platform to achieve this feat. This integration has sparked increased activity, driving up BEAM’s price by 12.71% to $0.020127. With growing trading volume and promising partnerships, BEAM presents a compelling case for future growth, with analysts predicting its price to surpass $0.701.
Chainlink (LINK) Demonstrates Resilience
Despite unlocking 19 million tokens (approximately $341 million) from non-circulating supply contracts, Chainlink (LINK) continues to maintain its bullish momentum. The tokens were distributed to various addresses, including the Binance platform and a multi-sig address. This event is part of an ongoing series of token unlocks and airdrops for Chainlink, totaling over 106 million LINK tokens since August 2022. Surprisingly, this recent unlock has not impacted the altcoin’s price significantly, with LINK trading between $14.33 and $18.75 on the weekly chart. With impressive gains on both weekly and monthly price charts, Chainlink remains a top performer in the crypto space, reinforcing its status as a promising investment option in 2024.
As investors seek opportunities in the cryptocurrency market in 2024, Mantra (OM), BEAM, and Chainlink (LINK) stand out as top performers and promising investments. With each token showcasing strong fundamentals, innovative developments, and supportive communities, they present compelling options for investors looking to capitalize on the potential growth of the crypto market.
