Bitcoin Cash

2024

Cryptocurrency

Chainlink

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-projects-poised-for-growth-before-2024-halving/" data-wpel-link="internal">Cryptocurrency Projects Poised for Growth Before 2024 Halving</a> 
Many crypto projects are expected to see significant rises before and after the halving event. In this context, there are rumors that some projects could reach a market value of 50 billion dollars by 2024. We recently published an article about two low-volume cryptocurrencies that are likely to reach a market value of 1 billion dollars by 2024. Let’s see which three projects have attracted attention in this regard. 
<h2 style="text-align: justify" id="chainlink-link-tops-the-list">Chainlink (LINK) Tops the List</h2> 
Especially Chainlink (LINK) holds a leading position and may have significant upward potential during this period. As of the time of writing, it had a market value of 11.77 billion dollars. It is thought that LINK will increase real-world integration in the coming period, which will reflect on its value. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-315472" src="https://coin-turk.com/wp-content/uploads/2024/02/chain-link-coin-turk-com.png" alt="" width="699" height="79"> 
Recently, <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude">financial</a> giant BlackRock Inc. (NYSE: BLK) stated that tokenization reflects significant value for the market. 
If LINK potentially reaches a market value of 50 billion dollars, its price could see a noticeable change with a 324% increase in value. However, there is a significant obstacle in front of it. The Chainlink token stands out with its high annual supply inflation of over 15%. This characteristic could affect the price due to the potential inflation in LINK. 
<h2 style="text-align: justify" id="toncoin-s-ton-rise-on-telegram">Toncoin’s (TON) Rise on Telegram</h2> 
Meanwhile, Toncoin (TON) is one of the projects that most clearly demonstrates the increasing support of external companies to the crypto environment. This layer-1 blockchain resulted from a project carried out in conjunction with Telegram, one of the world’s leading messaging applications alongside WhatsApp. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-315471" src="https://coin-turk.com/wp-content/uploads/2024/02/ton-coin-coin-turk-com.png" alt="" width="722" height="84"> 
TON, serving as the native token of the Open Network, appears to have a capital of 7.36 billion dollars and a value of 2.23 dollars at the time of writing. 
According to data provided by CoinCodex, if TON reaches a market value of 50 billion dollars during a bull run, it could be rewarded with a 579% increase in value. Nevertheless, the result of the investments to be made could slow down due to an astonishing inflation of about 183%. 
<h2 style="text-align: justify" id="current-status-of-bitcoin-cash-bch">Current Status of Bitcoin Cash (BCH)</h2> 
In third place on the list is <a href="https://en.coin-turk.com/anticipation-for-bitcoin-etf-approval-and-its-potential-impact-on-crypto-markets/" data-wpel-link="internal">Bitcoin</a> Cash. Bitcoin Cash (BCH) has the potential to rise from its current market cap of 5.29 billion dollars to a market value of 50 billion dollars during a bull cycle. Looking back at BCH’s history, it emerged as a result of a network fork that also included the Bitcoin network in 2017, leading to a split into BHC and BTC. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-315473" src="https://coin-turk.com/wp-content/uploads/2024/02/bch-coin-turk-com.png" alt="" width="698" height="83"> 
During this process, BCH fell behind and became a clear loser in the market with a market value 200 times lower than BTC. Despite this loss, developments continue in the Bitcoin Cash ecosystem. It is thought to have a more efficient structure compared to Bitcoin, and the growth and innovation process in BCH does not seem to be slowing down. 
If it potentially reaches a market value of 50 billion dollars, it could gain 845% from its current price. Another positive aspect is Bitcoin Cash’s low and predictable annual supply inflation of less than 1.75%. 
Moreover, this supply inflation is expected to halve in 2024, similar to the Halving expected to occur next month in BTC. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/cryptocurrency-projects-poised-for-growth-before-2024-halving/" data-wpel-link="internal">Cryptocurrency Projects Poised for Growth Before 2024 Halving</a></h5>

Cryptocurrency Projects Poised for Growth Before 2024 Halving

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