After the bear market of 2022, Solana network has maintained a highly progressive growth which stems from the amount of tokens of its network and how well they’ve been performing. However, worth mentioning, is Raydium DEX, a Solana-based decentralized exchange platform which has been spiking significantly, lately.
Ranking as the fourth biggest DeFi protocol on the Solana network, Raydium has more than 900M locked in total value and is up to 50% of the network activity on Solana. With over 427K daily transactions, investors are convinced that Solana based are the way to go when searching for the most promising altcoins to buy. With the upcoming developments that will surely happen with Solana, no doubt, the super altcoin can surpass its network record and ATH this year.
Don’t want to miss out? Rest assured, this article will walk you through some unique tokens on the Solana network with high potential to experience a skyrocketing value in 2024, including other top altcoins with high investment potential in the DeFi market.
Top Altcoins To Consider Including In Portfolio For Huge Rewards This Year
In the quest for the altcoins with the highest potential for gains this year, smart investors are not just limiting their choices to one blockchain. So, alongside three spectacular Solana-based tokens, we’ll be looking at two other DeFi giants that are worth investing in this year.
- Angry Pepe Fork (APORK): the newest innovative meme coin on Solana network with a unique earning mechanism poised to rank above the likes of Dogwifhat and Bonk.
- Chainlink (LINK): an innovative oracle network set to transform smart contracts with its reliable real-world data integration, poised to outpace other DeFi projects.
- Render (RNDR): a leading decentralized GPU rendering solution, primed to dominate the graphics processing market with unmatched scalability and cost-efficiency.
- Solana (SOL): With its high-performance blockchain Solana native token is a strong altcoin force ready to outshine Ethereum and Binance.
- Jupiter (JUP): one of the latest and top swap engines providing crucial liquidity for the Solana ecosystem.
Exploring The Investment Potential Of These Top 5 DeFi Coins
Now that you have reviewed the essential features of these top 5 altcoins to buy, let’s take a closer dive into their potential and how much growth they can potentially realize in their respective sectors this year.
1. Even Among Meme Coins, Angry Pepe Fork (APORK) Is A Pioneering Force
Angry Pepe Fork (APORK) is a newly launched MemeFi token with immense potential to rake in significant amounts of profit from the meme coin and DeFi market. For a start, Angry Pepe Fork unique earning model called “Conquer to Earn” is a very spectacular DeFi earning and the very first of its kind. This mechanism involves rewarding its members with tokens as they collectively help Angry Pepe Fork surpass other meme coins.
The main agenda of Angry Pepe Fork is actually to defeat all boring and lagging meme coins angrily as implied by the name. The platform pushes a strong sense of communion, urging its users to join in strongly in the eradication of zombie coins in the meme coin market. In addition to earning by participating in this earning model, users can also choose to stake their APORK tokens for inciting offers.
Taking up its appeal in the DeFi market, Angry Pepe Fork has designed a staking dApp on its platform which allows its users earn rewards through staking. Depending on the lock up timeframe (either 30, 60 or 90 days), Angry Pepe Fork increases its APY the longer you stake. In addition, Angry Pepe Fork also increases its value and APY each time the token surpasses a meme coin.
The price of APORK token is currently holding at $0.014 in the first stage of its presale. However, considering its incredible potential for adoption and fast surge, experts have dropped predictions of a 200% rise when it elapses its presale run and over 350% when the token gets listed to CEX and DEX platforms.
2. Chainlink Network Sets The Standard For Blockchain Interoperability
As one of the best cryptocurrencies to invest in, Chainlink already has a huge and influential reputation that will attract the investors market. Asides a huge market cap of over $8.4 billion, Chainlink network is renowned for its innovative approach to connecting smart contracts with real-world data.
As one of the top DeFi projects in the crypto space, Chainlink has cemented its importance in the blockchain ecosystem. In the past year, Chainlink token, $LINK have maintained a 168% growth, with most of its bullish trajectory occurring this year. This signifies the potential that Chainlink has to join strongly on the bullish wave this year.
3. Render Network Leads The Charge In Decentralized Rendering Solution
With a massive boost of over 290% gain since the start of this year, Render (RNDR) network has quickly become a key player in the decentralized GPU (graphics processing unit) rendering market. Render network has achieved substantial success so far, by providing unparalleled scalability and cost-efficiency for digital content creators.
However, with more technology advancement and growing adoption, the native RNDR token is expected to stay relevant throughout this decade and even more depending on its roadmap. In addition, as the demand for high-quality graphics and processing power increases, Render token can confidently take the spot in the industry considering its close ties with Solana network.
4. Solana Network Pioneers Scalable and Fast Blockchain Solutions
For starters, Solana stands out as one of the most advanced blockchains on the crypto market currently. In addition to that, its native token, $SOL, has seen a magnificent rise in the past few months, totaling over 800% growth year-to-date. Although Solana coin is only consolidating this period as experts this token to complete a 2000% sometime before the end of the year.
But asides its price positivity, the high-performance capability of Solana network has positioned Solana as a top altcoin to buy for developers and projects seeking scalability and speed. Hence, Solana stands as one of the tokens to hold for massive investment gains this year.
5. Jupiter Token; The Latest DEX Liquidity Provider On Soland Ecosystem
As one of the rising DEX projects on the Solana network, Jupiter is already making big moves with its “Grand Unified Markets” plan to bring together different types of assets using the Solana blockchain. Aiming to simplify financial transactions and make them more efficient and cost-effective for users in the DeFi market, Jupiter token has held its ground as a top altcoin to buy for presumed growth.
This bold move could greatly ehnance the value of Jupiter token. By leading this innovative integration, Jupiter is set to significantly improve the usefulness of its token, potentially allowing it rank among one of the highest-gaining Solana tokens this year.
What Potential Does Angry Pepe Fork Have To Do a Become The Highest Gaining Meme Coin This Year
Angry Pepe Fork’s potential to rank as the highest gaining meme coin this year lies in its motive as a meme coin and what its ecosystem consists of. The unique Conquer to Earn mechanism is one thing to consider however, Angry Pepe Fork’s strong desire to surpass all lagging meme coins stands as a communal wave that can take the meme coin market by storm when it launches.
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