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<p>With crypto bears back in hiding, Bitcoin halving getting closer, and Bitcoin ETFs gradually approaching Wall Street&#39;s doorstep, 2024 is expected to be a glorious year. Existing blockchains like Ethereum, XRP, Solana, etc., have stood the test of time, and we know what to expect from them this new year. What about the newly launched blockchain-based projects? Which ones will shock the crypto space this year?</p><p>This piece will discuss the top recently launched crypto projects you should follow in 2024.</p><h2 id="header-0">Top Crypto Projects to Follow in 2024</h2><h3 id="celestia">Celestia</h3><p>A new addition to the booming crypto space, <a href="https://celestia.org/" rel="noopener noreferrer nofollow">Celestia</a> aims to tackle blockchain architecture from a different angle. Ethereum, Bitcoin, and other monolithic platforms have suffered scalability issues for years without any ideal solution, Celestia as a modular project seeks to decouple blockchain consensus to guarantee faster transactions.</p><p>Modular networks split blockchain functions into separate parts to enable diversified and seamless transactions. Developers can leverage Celestia to build and launch blockchains utilizing an array of resources such as the famous Ethereum Virtual Machine (EVM) or Cosmos-based platforms. Additionally, Celestia demystifies the network contributor process, allowing prospective community members to run light nodes directly from their mobile phones.</p><p>Launched in the last quarter of 2023, Celestia is one of the best projects to look out for this year.</p><h3 id="ammocrypt">AmmoCrypt</h3><p><a href="https://ammocrypt.io/" rel="noopener noreferrer nofollow">AmmoCrypt</a> is an innovative newcomer in the tokenized Real-World Asset (RWA) space. It was designed to tokenize the global $66 billion ammunition trade market, enhancing market liquidity and compliance while minimizing illicit trade risks. It employs a two-tier token system with &#34;Kaliber&#34; tokens, which are asset-backed and represent ammunition rounds in the physical reserve. It is minted when new members of the KaliberCrew deposit physical ammunition into the AmmoCrypt reserve. Each Kaliber token represents one round of the corresponding caliber.</p><p>The main utility token in the AmmoCrypt marketplace is &#34;YEET,&#34; crucial for operational functions such as minting Kaliber tokens and redeeming them for physical delivery in small arms ammunition.</p><p>AmmoCrypt will restore balance, and transparency, and foster global accessibility in the ammunition market, enabling expansion and accountability on a global level. It is currently only available for accredited investors’ public pre-sale, but watch out for the upcoming public sale in late spring.</p><h3 id="layerzero">LayerZero</h3><p>In addition to scalability issues, interoperability is also a significant problem in the blockchain space. The inability to seamlessly exchange and bridge assets across multiple networks presents a gargantuan challenge for the industry. Fortunately, <a href="https://layerzero.network/" rel="noopener noreferrer nofollow">LayerZero</a>, a recently launched project, has been designed to resolve this prominent sticking point.</p><p>LayerZero will eliminate this problem by delivering an infrastructure that will permit different blockchains to communicate effectively. The project’s cross-chain bridge product, Stargate, is making it easier for users to conveniently move stablecoins and other liquidity sources across over 50 networks in seconds.</p><p>This top project of 2024, according to the team, has facilitated the transfer of $50 billion worth of crypto assets across tons of networks. With an airdrop and a suite of other features scheduled for 2024, LayerZero is just getting started.</p><p><strong>What does the future hold for crypto in 2024?</strong></p><p>While there are still plenty that could go wrong in 2024, Spot Bitcoin ETFs, real-world adoption, and the existence of improved technology give us hope that this could be one of the greatest years of the industry yet.</p><p>Amidst all of the uncertainties, these recently launched projects amongst others are making groundbreaking strides to solve existing blockchain problems and unlock new windows of opportunities for the market.</p>

Newly Launched Blockchain-based Projects to Follow in 2024

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